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On this website we will help you get started with bitcoin: from purchase, to finding a wallet, shopping with bitcoin as well as news about the bitcoin industry as it continues to change and grow

Bitcoin is unlike any currency traditionally in use. Therefore, we will help you to understand some key points. Unlike government issued money that can be inflated at will, the supply of bitcoins is mathematically limited to twenty one million bitcoins and that can never be changed. It is expected that by January 2018, 16.8 million bitcoins will have been issued, being eighty percent of the total.

What is Bitcoin

Bitcoin is a form of digital currency, created and held electronically.

Launched in 2009 after the publication of the bitcoin white paper the year before by anonymous creator Satoshi Nakamoto. The revolutionary global payments network is based on a completely decentralised, peer-to-peer, open source protocol representing a way to move money or value, faster, cheaper and more efficiently than the mediums that are traditionally available.

Bitcoin is one of the cryptocurrencies with asset attributes different from other major asset classes. The three main characteristics include the potential to invest in bitcoin as an investable product; the fact that it can be used as a medium for payment, though not one backed by any sovereign state; and its ability to be used to move around value. Bitcoin is a network that is able to tokenise brand new assets or create token versions of physical world assets and move them around in a virtual world.

Bitcoin works through blockchains, enabling the sharing of information that has been traditionally siloed. With bitcoin, everyone can have a copy of a specific set of information, transactions, and records, so when changes are made to a specific set of records, that will be readily available to that subset of the network. The digital trading platform operates 24/7.

Use of Bitcoins

The growing use of bitcoins is leading to entrepreneurial innovation and changes in traditional banking infrastructure. Once the infrastructure is built and there is mass distribution of the currency, new businesses can build financial services without having to invest in expensive infrastructure, all that will be required is to build applications and supportive services without the need for a data centre, massive hardware, and an IT department.

Bitcoins future

Bitcoin has grown fast since its inception.

With a hard limit of 21 million bitcoins (BTC) to be generated by 2140, a lot of people assume there are still a lot of coins to be mined for the next few years. While that is true up to a certain extent, it is estimated that by January, 2018 eighty percent of the finite supply will have been brought into circulation already.

To date, it remains a little unclear what impact this will have on the price of each individual BTC, though as mining becomes more difficult and less profitable (unless continuous new investments take place) the price per existing bitcoin should go up in value. Some analysts have suggested the value will rise anywhere from USD100,000 to USD 1 million.

It is also worth bearing in mind that the 4.2 million bitcoins to be generated after January 2018 will take place over the course of nearly 122 years, creating a predicted increase in the demand for bitcoin. However, neither of these factors are yet guaranteed, as the cryptocurrency market does not operate like more traditional models.

While the future is uncertain, the eighty percent milestone could force some miners to shut down their operations as major mining difficulty spikes is a trend already begun and expected to continue for some time since a higher mining difficulty requires more hash rate power and electricity to mine the same amount of bitcoin. January 2018 may be a time when a lot of miners will have to stop.

If there are fewer miners, it is expected the mining hardware manufacturers will take an even larger stake in the bitcoin mining process. With more energy-efficient hardware still being developed, it is likely a certain degree of centralisation will occur in the mining world. The final 5 percent (1.05 million bitcoins) could prove to be challenging, as the trade-off between costs and earnings will make it seem far less attractive to do so and as it will take a very long time to mine the last BTC, if it happens.

The coming year could become a very important one for Bitcoin as a whole, even without guarantees or certainties. We will be tracking changes both positive or negative.

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Aim of the website

This website will also help you learn how to trade bitcoins. We will provide articles and tips from the world’s leading experts to help you succeed in trading.

On this site you will find information about the following:

  • the history of bitcoin
  • trading bitcoin
  • trading forex with bitcoin
  • the best bitcoin exchanges and
  • bitcoin derivatives

The mission of this website is to keep you informed and up-to-date with all the changes in the bitcoin industry, the biggest asset of which is its technology.

OUR SKILLS

  • Strong numeracy skills

    90%
  • Esxcellent communication and interpersonal skills

    98%
  • Teamworking ability

    86%
  • Analytical Skill

    82%
  • Ability to accept responsibility

    100%

OUR SPECIALTIES

  • Help with Getting Started

    We will help you to learn what is a financial trader. You will learn how to buy and sell shares, bonds and assets for investors, including individuals and banks. You'll make prices and execute trades, seeking to maximise assets or minimise financial risk.

  • Introducing Excel For Finance

    We will help you learn the Excel skills you need to succeed in finance from the most trusted name in financial education. You'll learn to work smarter with keyboard shortcuts, create complex financial models, mine data like an expert and display your findings beautifully.

  • Trading Specialists

    Whether you're a novice or an experienced trader, we can help you review your trading strategy, provide decision support, and show you tools that fit the way you trade

Who We Are

We are team of specialists is something that makes us extremely proud and self-confident. Every staff member is responsible for his or her own success.

Mark Pacana

Trader

With a career in IT services up to 2009, Mark was responsible for conducting proofs-of-concept projects with financial institutions, encouraging them to explore how traditional assets could be traded online. Already a successful trader with forex, Mark came across the Bitcoin white paper in 2011 and seeing the potential from his previous research work, left the company to focus on mining bitcoins and learning more about trading with forex.

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Jack Lawson

Entrepreneur

Mark Pacana Trader

About Me

He has since become one of the biggest traders with bitcoins and forex in the world and sees great future potential for blockchains to help financial services reach settlement in 10 minutes in comparison to the current three day delay.

Skills

  • Trading 90%
  • Speaking 88%
  • Marketing & Sales 86%
  • IT services 82%
Jack Lawson Entrepreneur

About Me

Jack is a successful entrepreneur with a number of software production businesses. He is currently involved in cross-industry groups attempting to advance solutions to governance issues in the blockchain industry.

Skills

  • Communication 100%
  • Branding 90%
  • Marketing & Sales 86%
  • Strategy 82%

If you have any questions, please contact us. We really look forward to hearing from you!