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New Zealand opens its arms to Bitcoin

Bitcoin has hit the mainstream in New Zealand today, with new of the first piece of real estate being sold for the digital currency that is taking the world by storm. In this article we discuss the new financial technology that is set to revolutionise the banking paradigm, and highlight a few ways New Zealanders can get involved with crypto currencies such as Bitcoin in these early times. First, let’s take a look at what Bitcoin is, and the technology that makes it work. Bitcoin is a virtual currency that is immune to inflation, because there can only ever be…

The ultimate simple explanation of what Bitcoin is for brand new beginners

Mainstream adoption of Bitcoin and crypto currencies is taking place, yet many folks are unsure as to the true nature of these digital assets and the revolutionary blockchain technology that is behind them. In this article I will give you a simple explanation of what Bitcoin is, without going into the nuts and bolts of how everything works. You can read up on the techy stuff later but for now, this post will give you the basics. Bitcoin is electronic money. It is not printed on paper notes like your old dollar bills, and there are no physical coins like…

How to Start Cloud Mining Many Crypto Currencies Including Bitcoin for Free with Eobot

Are you interested in mining Bitcoin and other crypto coins but aren’t ready to spend your hard earned cash? Have you been thinking about getting into cloud mining but have no idea where to begin? Have you signed up to a bunch of so-called cloud mining websites in the past just to find out they were scams that didn’t even have any real mining equipment, and who ran off with your money? Brothers and Sisters, I feel your pain. I have been suckered in by some of those myself, and lost coins,  but there is some relief at hand. In…

UNLIMITED POWERRRR – How I mine Bitcoins from solar power and second hand scrap!

Have you ever wondered if it is possible to mine Bitcoins using second hand junk and scrap materials? I did, and decided to give it a shot. In this article I will tell you how and why I got into this project, what it cost, and how much bitcoin it earns on a daily basis. But first is the question of why. By now you are probably aware that Bitcoin and crypto currencies are the way of the future. Widespread mainstream adoption of the blockchain technology, that is the foundation upon which Bitcoin is based, is happening at an ever…

Where does the real value of Bitcoin come from?

I just read one of the most important questions about Bitcoin, a question that I haven’t read many good answers for. Fortunately, I have cracked the cryptos as you already know since my nickname is Crypto Cracker and here is the real answer. You might regard this post as mansplaining if you are a misandrist but that is your problem, not mine. These are the facts. Much of the value of bitcoin and many crypto coins comes from the properties of the blockchain technology. Visibility of each transaction; “relative” privacy; resistance to fraud; protection against double-spending of coins etc –…

Mainstream adoption of cryptos advances as Bitcoin sits solid over $8000

The developing crypto currency space took a big leap forward with the dollar value of the largest and most popular crypto currency, Bitcoin, passing the $8000US mark this week. As the first digital currency of its type, Bitcoin is seen as the grand-daddy of the cryptos, and is in a huge growth phase as mainstream adoption scales up. Bitcoin is traded continuously for other crypto currencies and US dollars on no fewer than 22 crypto currency exchanges, and the price for the coin popped through the $8000 mark on at least three of them on November 17th before falling back…

The One Biggest Mistake most people make when claiming free Bitcoins from faucets, and how to avoid it.

Hello everyone, and welcome back to Megadumpload. If you are visiting for your first time then allow me to introduce myself, I am Crypto Cracker, and I am the main person in charge of doing everything on this website. I hope you enjoy your time here, that you tell your friends about this site, and of course, that you come back every day for more tips on how to get free Bitcoins and other crypto currencies. Part of my job is to look at the number of visitors this website receives each day and figure out ways to improve your…

How people from India can claim free bitcoins every five minutes

Hi everyone, Crypto Cracker here. I have been asked to share my favorite method that people from India can use to claim free pieces of bitcoin and other crypto currencies every few minutes without having to spend any of their own money. This method is pretty much sure to work for people from most other countries as well, in particular from Australia, New Zealand, and most parts of Asia, the Americas, and right through Europe. If you are not from those areas then it still may work just as well for you but I have not been able to test…

Reprinted Article – A (brief and incomplete) history of censorship in /r/Bitcoin

A (brief and incomplete) history of censorship in /r/Bitcoin Please do not use the censored /r/bitcoin or Bitcointalk. Use /r/btc instead. The free and open discussions on this forum help individuals and the Bitcoin community achieve Truth. Everyone has some wisdom or knowledge to contribute to a discussion, and everyone who reads the discussion and gains that knowledge gets closer to the Truth. This is much more effective than having truth dictated by a handful of moderators or voted on by an electorate. -Theymos, in a post on Bitcointalk in 2013. Anyone who has been following Bitcoin closely over the…