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Is micro btc legit? Bitcoin Scam Site Warning

It is not uncommon for Ponzi schemes to rise from the dead in the face of a rising trend, this time being cloud mining. Many a sites claiming to provide fixed returns, bonus mining powers such as Hashocean and Cointellect have had their shining days only to be called out later.

“Micro-BTC” is another such scheme that provides a bonus of 15KH/s to its new users and this alludes to the fact that it will mine altcoins instead of bitcoins.

A seamless stream of profits in the cryptocurrency world is an impossible feat and even the nature of those profits is rarely in a legalized manner. By default, any contract for cloud mining is operational only for a year or two. Thus, any entity offering an extension on that period is without doubt a scam.

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Bitcoin Futures? Everything You Should Know

Bitcoin Future_What You Should Know

According to the overall progress of this year, bitcoin came to be the fastest growing asset of this year. For now, the question in every mind comes is bitcoin a fad or still the good investment to make?

Here is something every investor should know about Bitcoin Futures.

Bitcoin Future basics

CME Group Inc. CME, +0.96%   launched its contract on Dec. 18. The contract allows the trader to place a sustained bet on the value of assets assuring that the underlying asset will move higher or lower.  So, it depends on the trader now. The trader who expects the price will go high can play long while the trader who thinks the price will fall can go short. There is a short bet on every long and vice versa. CBOE Global Markets Inc. CBOE, +0.32% launched its bitcoin futures contract, trading with the symbol XBT XBTF8, -4.12%. This contract prompts the two trading halts after the long rise.

Future Bitcoin Cryptocurrency Currency Money Btc


The future of market appeals to the shorting of the bet without first borrowing the underlying security. The hope behind this is to make the price more efficient helping to tame the extreme volatility that regularly whipsaws the bitcoin market. This welcomes the bitcoin bears frustrated by the technical difficulty inherent in shorting bitcoin. Shorting creates true price discovery and provides the ability to hedge bitcoins more seriously.

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The contract success can be profitable for those focusing on digital mining appealing the hedging tools. All the big players in the market are particularly interested in the ability to hedge against the sharp rise via future market situations.


The reservations expressed by big banks and brokers on the downside are hard to ignore. The future launch of premature is criticized, and an open letter is sent to the Commodity Futures Trading Commission, the Futures Industry Association said the exchanges didn’t get enough feedback on margin levels and other.

New To Bitcoin? Welcome! Here’s How To Take Those First Steps[/info-box]


A margin is the amount of money a trader must put to sustain the future positions. Margin amount is 10% of the total value underlying the contract. But CME requires 35% margin while the CBOE is set to require 44% of daily price settlement. In CBOE, if the contract were trading at $15,000, a trader wishing to go long or short would have to put up $6,600. He also must look at the additional margin calls if the margin limits fall.

Price limits

Future of bitcoin is decided on how far the prices can go before triggering temporary and permanent halts this is common to all contracts terms. Suppose if the CBOE contracts halts for 2 minutes and best bid at that time is 10% above and below the previous day close. The contract moves to the 20% above or below of the previous day close as it resumes.

[info-box type="note"]5 Step For Beginners To Start With Bitcoin Trading


Professional traders and institutional investors are likely to tiptoe in the future of the bitcoin market. Can it also be the same with retail investors as they might be tempted to toe in the market of future?

Osborne said “Bitcoin is volatile enough as a stand-alone investment. I don’t think the retail investor needs to be adding to leverage through a futures contract on top of bitcoin,” Osborne said. “So, buyer be very much beware when it comes to retail investors and futures contracts.”

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New To Bitcoin? Welcome! Here’s How To Take Those First Steps


Over with this piece of article, we are heading towards the complete discussion about the comprehensive review of what is Bitcoin. If you are new to Bitcoin then getting a hold on to with this piece of the article would come about to be much use for you. Scroll down and get the general information and interesting facts related to it.

What is a Bitcoin – Getting started with Bitcoins:

If you are working as a new to Bitcoin, then we would welcome you right at this spot for some general facts. For the beginners, we are sure that the Bitcoin would be coming up with a lot confusing and daunting thing to know. So many years back one of the famous economist named Paul Krugman, came up with the prediction as related to the power of the internet. As by this prediction, the internet will start working on the slow mediums.

In the year 2005, it was much more sure that the internet impact over the economy has been not far more significant as compared to the fax machines.  It would be appreciable if you would be looking back and praise the technology as at the time of its beginning.

There is a higher percentage of the Bitcoiners in the whole world as the individuals who are somewhat interested in the reliable payment system. They do come up with the money that is holding on to their value standards. You should not be hitting your head on the pros and cons of the bitcoin. But instead, you should be putting all your attention on the Bitcoin and the networking of the Bitcoin as the money.

Getting a Bitcoin Wallet:

You can view the image of the Bitcoin as the electronic email system too. You might do not get to know that how you should make the use of it in a better way. But it can surely be standing as one of the fair means of the communication in the middle of you. If you want to get a firm grip on Bitcoin, you should be having it and experience it practically. To get the Bitcoin wallet, you should first of all be downloading it. The wallet is a small piece of software that is to be installed on your home computer or smartphone too.

You will be setting up your email address as for money. It is quite a lot easy to avail the use of Bitcoin wallet. But still, for the beginners, they do come up with so many options too. It is ideal for the beginners, and there is no doubt about this fact.  Wallet prompts, will make you visible with the quality response code. This code is a square of black and white rectangles and other squares within squares. This box will show your email address to whom you can even name as the money address of yours.  This box will enable you to receive as well as send the bitcoin in whatsoever amount you want to buy it.

Buy Bitcoin:

As you are all done with the sending and receiving set up of the Bitcoin, you will 100% be wishing around as in buying Bitcoin with Credit Card as well. There are different kinds of ways as through which you can better achieve it.

  • You can take the best help out from your friend who is already having some of the Bitcoins as in buying Bitcoin with Paypal. It would be quite a perfect idea if you would be sitting down with some of your friends and get the first-hand look at the future money.
  • If you have enough patience, then you can wait for some time and earn with some of the amounts. You can look around and check if anyone is ready to provide you with the service which you want to get.
  • Next one of the best ways to buy Bitcoin with Paypal would be jumping into the money exchange. You can click on the site here. Be sure that you need to make at least a minimum of 50 dollars worth as onboard.

Bitcoin Technical Stuffs:

On top of some of the purposes of buying Bitcoin with Credit Card, we have come up with the avoidance of some of the technical issues in the Bitcoin. Some of them are about hash rates as well as blocks and even about the nodes. Decentralization and forks are also counted as some of the significant issues. They are much excellent to come up with the exploration and broad the technical stuff even far more appropriately.

Happy bitcoins !!

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How to buy and sell Bitcoins?

How to buy and sell Bitcoins

Bitcoin is a digital currency, and its use is increasing in the digital world day by day. Many web services are buying and selling using Bitcoins and using it to pay for a variety of goods and services. This is similar to the routine paper money, except for the difference that this is digitalized while paper money is not. Although there are physical forms of bitcoin also present, mainly it is used in digital transactions and stuff. It is traded online, peer to peer or by another wallet means.

Dealing with Bitcoins is primary and essential because in some cases Bitcoins are the only means of payment and are necessary to complete a transaction. to buy and sell Bitcoins

How to Lay your hands-on Bitcoins:

You can acquire bitcoins by purchasing them form the people who already have them or by Mining.

What is mining:

Mining means running and solving a complex and challenging mathematical equation, at the end of which you will receive a few bitcoins. Mining uses up the computer power to generate bitcoins instead of your actual cash but gives little results.

Buying Bitcoins through cash is a more natural way. However, you’ll have to spend some real money on it.

How to buy Bitcoins:

Bitcoins can be purchased by using services like Online Service and Wallet Software.
The purchase process doesn’t require a lot of effort, but will only use up real life money and some of your time.
You can use bitcoins as a means of payment for many businesses. You can also use them for services like Bitcoin Magazines that offer so much, from music download to gift cards, etc.

Check their website for further details on how to buy bitcoins.

If you liked this blog post, please follow us on Twitter @coins_iq and also make sure to subscribe to our e-newsletter to receive the best and latest information on bitcoin, cryptocurrency, crypto trading and bitcoin investment!

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Top Bitcoin Exchanges – Buy And Sell Bitcoins


The astronomical rise in the price of Bitcoins has resulted in immense attention from the general investing public as well. Owing to this very reason, many people are now looking for top Bitcoin exchanges to buy and sell Bitcoins. If you’re just looking for any exchange, you would find hundreds of options to choose from. However, when you’re looking at the top Bitcoin exchanges, you have to carefully filter out the best ones and use only those.

Also, buying and selling the Bitcoins would be dependent on the liquidity on that particular website. Owing to this very reason, you have to carefully select top Bitcoin exchanges which have the required amount of liquidity as well so that you are able to easily buy and sell Bitcoins.

We would today share with you four different exchanges on which you can easily buy and sell Bitcoins.

  1. Coinbase:

Coinbase is headquartered in San Francisco. One of the main reasons why it ranks so highly on our list is because of the user-friendly interface. Whether you have used Bitcoin exchanges before or not, you would surely be able to understand the simple interface of this Bitcoin exchange. It allows you to deposit funds through the cards as well as bank transfers. Thus, you would be able to easily buy the quantity of Bitcoins which you want.

It allows you to deposit 3 type of currencies which are:

  • USD
  • EUR
  • GBP
  1. PoloNiex:

If you’re looking for an exchange which would allow you to trade between different currency pairs, this one is the perfect option for you. It allows you to trade between 75 different pairs. Thus, you can easily trade between the different pairs without any problem. The only downside to this exchange is that you can only deposit money in the form of crypto currency. Also, the user interface of this particular exchange is not that friendly.

  1. Local Bitcoins:

This Bitcoin exchange accepts most of the popular currencies all over the world. You can even deposit cash in their bank accounts. You can use PayPal as well. You can also opt for bank transfers. You can easily buy Bitcoins through this exchange which would ensure that you are able to easily trade in Bitcoins. The user interface is also pretty easy to understand.


This exchange is located in London. It allows you to deposit funds with the help of cards as well as bank transfers and also Ethereum. The interface of this particular exchange is pretty easy to understand.

Some of the currencies in which you can easily deposit the funds are:

  • US dollar
  • Euros
  • GBP
  • RUB

So, if you’re looking to buy and sell Bitcoins, these are the 4 exchanges which you should be looking at. These 4 exchanges would not only ensure that you are getting plenty of liquidity but you can easily buy and hold Bitcoins as well.

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