Skip to main content

About

Bitcoin et al, translated Bitcoin And Others, is all about bitcoin and other cryptocurrencies. On this blog, I compile what I have read – such as history, news and other development – about bitcoin and similar cryptocurrency.

When I first heard about bitcoin in its early years, I completely ignored it for the reason that I was not into online games. The invitation I received then was to use bitcoin in online games. That time, the value of bitcoin was less than a US dollar.

In December 2017, the value of 1 bitcoin bull run at 17,000USD to 1BTC. Had I bought 100BTC then which I might have purchased for less than 100USD, my bitcoin by the end of 2017 would have been 1,700,000USD. Realizing the opportunity that I had lost, only then that I have become interested in Bitcoin.

The Bitcoin technology – yes it is a technology – is not easy to understand. It requires a lot of reading and serious research. Wanting to put everything I have read on paper, I decided to blog it instead.

So, join me as I continue to research and blog about Bitcoin, hope that you too gain understanding about this promising technology.

Et al is Latin which means and others.

Comments

Popular posts from this blog

Cryptocurrency Explained

Compared to Stocks and Bonds The investment case for cryptocurrencies is weak. Unlike stocks and bonds, currencies generate no cash flows such as interest payments or dividends that can explain their prices. National currencies derive their prices from the underlying economic activity of the countries that issue them. Cryptocurrency prices, on the other hand, are generally not based on economic fundamentals. To date, their prices have depended more on speculation about their eventual adoption and use. ~ Joe Davis, Vanguard economist via ccn.com

Exploring Coins.ph? Not Exactly A Review.

Buzzing among the apps in the Philippines, Coins.ph is a payment app and bitcoin exchange in the Philippines. It acts as a digital wallet that one can use to pay bills online, send remittance, and buy and sell cryptocurrencies. This service is available on the Web and via its app on Android and iOS. What is Coins.ph exactly? Coins.ph was founded, I presume, with bitcoin in mind. Bitcoin is a cryptocurrency; crypto because it is encrypted. It is encrypted to make it safe and hack-proof. If US has a dollar currency while the Philippines has the peso currency, the global Net has bitcoin (among others) as its digital or virtual currency. To use bitcoin, you have to be part of the Bitcoin network. To be part of it, you have to have a bitcoin, first and foremost. To access the Bitcoin network, you have to have a digital wallet. So, where do you get one? Enter Coins.ph. In the Philippines, coins.ph is the source. To use Coins, you have to go to its website, which is coins.ph, or dow

News: Bitcoin Price Falls Below $8000

23 May 2018 Bitcoin price continues to fall to less than $7700 USD since May 6 when it hit $10,000 USD. But bitcoin is not alone. Nearly all the top 100 crypto assets are experiencing the same decline. Read complete report .