How to Buy Bitcoin and Other Cryptocurrencies (Simple)
The simplest way to buy Bitcoin is to use Coinbase. From there you have a few options for buying other cryptocurrencies.
Ethereum’s Ether is one of the top cryptocurrencies. The Ethereum network uses a smart-contract system that facilitates the creation of tokens, decentralized applications, and more.
The token native to this network is called “ether.”
This section contains articles on Ether, ERC-20 Tokens, and the Ethereum platform.
FACT: The ethereum network is used to create about 1/2 of all ICOs. This means many coins on the market are Ethereum based.
The simplest way to buy Bitcoin is to use Coinbase. From there you have a few options for buying other cryptocurrencies.
“Sats” is short for Satoshis, the smallest unit of Bitcoin (BTC). One Satoshi (sat) is equal to 0.00000001 BTC (one hundred millionth of a Bitcoin).
For some reason the media narrative is that the post-Consensus crypto rally did not occur, Tom Lee even agreed. I disagree that we can make that claim yet.
Market cycles are a natural advent in any market. However, because the cryptocurrency market moves so quickly, market cycles are especially important to understand in cryptocurrency specifically.
One may have noticed that ETH and ZRX are “mooning” and NEO, TRX, ARK, and a few others are holding up well. These all have something in common.
0x (Zero-ex) is the name of a cryptocurrency platform. The platform has a native token called ZRX. The platform is an “open protocol for decentralized exchange on the Ethereum blockchain.” The token allows one to have a say in protocol upgrades.
Alexis Ohanian, a co-founder of Reddit, misspoke when he said Ether (ETH) will reach $15,000 in 2018. He mean to say the much more reasonable $1,500.
Ethereum, TRON, OMG, NEO, EOS, and more are all ICO platforms and many originated as ICOs. If the SEC considers ICOs securities, then about 1/2 of cryptos are securities.
We take a look at how the SEC views cryptocurrency, including them potentially viewing ICOs as securities. Below is my interpretation of statements made by the SEC and actions taken by the SEC pertaining to cryptocurrency.
TRON (TRX) was an ERC20 token on the Ethereum network. However, it is moving to its own network and plans to airdrop TRON to Ether (ETH) holders as a thank you.
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