Bitcoins work like cash, but you mine them like gold. So how do you start ‘mining’ them? If you are willing to take the risk (upfront investment, like real mining) and if you do it properly, you can actually successfully mine a few Bitcoins. With a single Bitcoin currently trading at $476.56 as of September 17th, 2014, there are rich dividends to be reaped. We will let you know that there are actually better ways to mine Bitcoins than investing in chunky hardware, especially if you are on a budget. There are also other drawbacks of buying hardware to mine
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Must Watch: The Biggest Scam in the History of Mankind
When you talk about Bitcoins, you will find either passionate advocates of the cryptocurrency or skeptical cynics, who denounce it. There are hardly any fence sitters. There is currently a debate going on about the future of the digital currency, about its pros and cons. It is really democratizing the global fiscal structure? One of the topics under discussion is its long term viability, in the light of the recent collapse of the largest Bitcoin trading platform in the world, Mt. Gox and hacking into Bitcoin wallets. Here we will try to give our analyzes of where the currency is
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Think the title of this post is just a catchy bit of link-bait, meant to draw you in so you can listen to some frivolous theories with no factual info to back it up? According to Jim Rickards, we’re fast approaching the biggest, most devastating financial collapse in the history of mankind: Rickards Predicts Financial Collapse: Death of Money Interview His thoughts are insightful – and frightening! He made a lot of great points in the interview: In the last hundred years, the global financial system has collapsed three times (1913, 1939 & 1971). He predicts an instantaneous and globally-collective
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There’s much happening in the precious metals’ industry. On the surface, if you believe the hype spewed by the main stream media, you might be mistakenly led to believe that both gold and silver are very poor investment properties at the moment. There are a couple of realities that a new investor, or experienced “timid/careful” investor needs to consider before believing the current highly-propagandized notion that you’re wasting your money on gold and silver holdings: Gold and silver have been, on average, the most valuable tangibles available since we stopped using grain and livestock as the foundation of our monetary
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Silver investing is on the roll right now, and there seems to be enough articles and news pieces to read about the prospects of investing in silver over gold. Of course, gold IS money; but silver is so undervalued right now (around 60:1 against gold, way below the all-time average of 12:1) that it makes a great investment. To me, the whole idea about silver investing is to buy silver and when the silver-to-gold ratio approaches the all-time average, turn it into gold. When you have made your decision to invest more in silver, the next question is most likely
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For the newbie investor, where to invest your money is a tough call. There’s more to investing than simply throwing your extra cash into something that looks good. So that means you need to consult an “expert” right? Get someone, like an investment advisor, with all the cold hard facts to tell you what to do with your kids’ college fund. Not always the best choice. Not all “experts” worth being called experts. There are some legitimate experts you need to follow: Robert Kiyosaki, Warren Buffett, and many other authoritative figures in wealth building. Even some people don’t like them
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