Bitcoin Exchange Bot
This new Bitcoin Crypto Currency is currently generating a bigger and bigger buzz since the elusive Satoshi Nakamoto invented it back in 2009.
Mainstream media may say otherwise ;however Bitcoin is definitely part of the economy of the Future. A very interesting non mainstream, independent decentralized (Governments cannot Kill it),open source currency meaning ( Governments have no say in it ). Built and traded on a newly emerged platform of technology, Sending governments into a panic, since they cannot own or control it.Not tied to any government ,therefore not affected by inflation…. Making for a never before seen phenomenon, in times where the masses have lost faith in governments and financial institutes.It has a look and feel straight out of a new rebooted Matrix movie at this , since we are living in Matrix/Tech times of great post zero point 2102 change… we really are.
P2P ( Person to Person) money when transferred,has it’s authenticity confirmed by two or more other virtual wallet holders.
It has very little fees,an increasing number of big name merchants are accepting it, funds are sent with ease over the internet, phone or even a QR code where a set amount can be added ( a form of Gift Card).
You may read as well: on my other Bitcoin Exchange Blog post at Male Beauty Forum.com
In Brief Bit coins are created by Created by Bit mining in Block Chains ( Big banks of computers that solve very complicated mathematical equations)
Once these equations are solved Bit coin is Earned by that person.
Very expensive to mine since the computer resources needed are large and use a lot of electricity.A cap of 21 million bit coins has been set, after which no knew Bitcoin mining will be done.At that time estimates of Bitcoin value is estimated by experts to soar to a value between 50:000- 100,000 due to it’s limited scarcity.Also note that at the current rate of mining experts predict, the number of Bitcoins will reach this limit of 21 million by the year 2140.
Therefore it is easier to buy and sell bit coins then to invest in the mining of it, hence the popularity, high action,volatility,massive up and down aspect of this P2P crypto currency, trading nonstop 24/7. Unlike the world stock exchanges that are only open business hours and closed at night.Trading is stressful, since chart reading is an acquired skill.The massive ROI makes that Bitcoin Trading it is not for those prone to gambling addiction personality types.Never forget it’s very volatile ( meaning one can gain or loss lots of money very fast).
I’ve been watching very informative webinars from a young entrepreneur Micheal X, who has created a Bitcoin Exchange Bot software. Which downloads onto your Google Chrome browser, is on 24/7 as it follows the trading trends based on the EMI signals on several different exchanges at the same time and calculates the odds based on the trends,and long term tracking strategies, taking the insane nervous breakdown edge of of this Online trading medium.
It can buy and sell for you at the prices you set it to buy and sell so you do not have to be up and watching the feed 24/7.
It must be very clear to all that this is not a magic Genie in a Bottle; it is simply a software tool calculating Odds and Probability by doing permutations and combinations.
The software designers are very clear with their Disclaimers… stating earnings and results vary and depend on you as well as the software.
Popular exchanges are BTCe,MTGov amongst others. Trading Fees vary from each exchange however setting up accounts have no fees.Getting and account with trading exchanges is quite easy ,you just basic Picture Id ( a copy of a Bill invoice and drivers license )
It takes 2 -3 weeks to get accepted and get your own trading account tied in with only your computer API address not your personal info, meaning you remain anonymous.
For Super Verified status a Notary can get a legal Government document, and give their signature stating that you really are who you say you are.
One can enter the playing field with as little as $50:00 to $100:00 to buy part of a single bit coin ( 0.4 or 0.5) with these parts of a coin being kept in your virtual wallet. Sensational seeking mainstream news is always there to report Hackers breaking into virtual wallets, however Wallet securing features are ensuring this happens less and less, as well as the P2P feature helps since all transactions are verifies by 2 or more co wallet holders.
All very interesting shift in such a major field as world finance it makes for a very interesting phenomenon to not only watch but become active in .Since world cash is doing a serious crash and burn number by the day,as it has always done from toppling over Nation to Nation
Have a look at this Bitcoin Exchange Bot webinar and get back to me as to what you think….