Category: Bitcoin

OFNOG ICO – The ultimate solution to simplify cryptocurrency trading!

Apr 7, 2018 Bitcoin by Coinobuddy
A novel platform that promises to simplify cryptocurrency trading through the use of Artificial Intelligence (AI) and Deep Learning, is just one short month away from launching its ICO. OFNOG, the London-based firm founded by an expert team of IT professionals with a strong background in IT product development and solutions, and experience in Fortune 500 […]

What is the best cryptocurrency to invest in right now?

Jan 11, 2018 Bitcoin by Coinobuddy
    Bitcoin is the leader of all cryptocurrency, however looking at the current price of bitcoin, I will suggest one should go for ethereum . Ehereum price is increasing steadily. I am very much hopeful that ethereum price will touch 10000 USD in 2018. You have bitcoins  you can purchase ethereum from changelly , […]

Is bitcoin taxable?

Jan 11, 2018 Bitcoin by Coinobuddy
Any income beyond exemption limit is taxable as per the local country law. After purchasing bitcoins if yo do not sell bitcoin and convert into currencies to book profit, it will not be taxable. But if you sell bitcoins and book profit in currencies you have to pay tax.

What is a Bitcoin & how to Invest in India

Jan 5, 2018 Bitcoin by Coinobuddy
    Bitcoin is  virtual currency which has no physical  existence  that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men, meaning, no banks. A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep in  a secret piece of data […]

What is a bitcoin hardware wallet?

Jan 4, 2018 Bitcoin by Coinobuddy
  A hardware wallet is a special type of bitcoin wallet which stores the user’s private keys in a secure hardware device. They have major advantages over standard software wallets: private keys are often stored in a protected area of a microcontroller, and cannot be transferred out of the device in plaintext immune to computer viruses that steal from […]

What is a Bitcoin?

Jan 4, 2018 Bitcoin by Coinobuddy
What is ‘Bitcoin’ Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike […]