Bitcoin Forums Overview

Bitcoin Forums Overview

It’s hard to argue that Bitcoin ecosystem significantly differs from traditional financial environment by its community. Apart from various websites covering news of the cryptocurrency world, like CoinDesk, CCN, Bitcoin Magazine, and others, specialised forums and discussions ongoing there play an outstanding role, up to influencing the Bitcoin price.

Best Bitcoin Forums and Community Platforms

In 6 years of Blockchain existence, some forums managed to win trust and attention of the Bitcoin community.

Continue reading Bitcoin Forums Overview at CEX.IO Official Blog.

What is Bitcoin Difficulty?

What is Bitcoin Difficulty?

The best way to think about Bitcoin difficulty is to view it as the maximum amount of computing power it will take to find a particular block reward. The difficulty number is what helps keep the Bitcoin block time at around ten minutes. As more hashing power is added to the network from different computers around the world, the difficulty of finding a block needs to be adjusted accordingly. If there was no mechanism for regulating the amount of hashing power it will take to mine a particular block, then it would be impossible to effectively secure the blockchain.

Continue reading What is Bitcoin Difficulty? at CEX.IO Official Blog.

What Determines Bitcoin Value?

What Determines Bitcoin Value?

One of the main criticisms made when it comes to the value of bitcoins is that there is no central authority that can control the price of the digital currency over a long period of time. This lack of price stability has caused problems for some users over the short term, but the general understanding in the Bitcoin community is that this volatility will continue to decline over time. To understand what gives bitcoins value in the first place, we must first look at what gives other forms of money value and how the bitcoin stacks up against the competition.

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Why Should Everyone Use Bitcoin?

Why Should Everyone Use Bitcoin?

One of the best attributes of Bitcoin is that there is no single reason that new people are flocking to the payment system on a daily basis. Some Bitcoin users are merchants who want to cut down on payment processing fees, while others are just trying to find a cheap way to send money to a relative on the other side of the globe. Although learning about all the advantages of Bitcoin can be difficult at first, there is usually at least one aspect of the technology that is attractive to every single person around the world.

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Fees for Deposits with Payment Cards Lowered

Fees for Deposits with Payment Cards Lowered

CEX.IO Bitcoin exchange is glad to announce that fees for payment card deposits in USD and EUR have been lowered to 3.5% + $0.25/€0.20 respectively. 

We did our best to make deposit procedure as easy as possible. If you experience any issues though, check out our detailed guide on payment card deposits.

Remember that you can still deposit up to $2,000/€2,000 monthly with simplified verification, or increase your limits to $100,000 per month by getting your identity verified.

Continue reading Fees for Deposits with Payment Cards Lowered at CEX.IO Official Blog.