Bálkar Miðlun has developed an AI system, Neural Network, which automatically trades Bitcoin BTC. Below is the structure of our system and description of our variables. The date is standard historical data for Bitcoin BTC…
Speculative trading of cryptocurrencies carries high risk since price fluctuations are very high. Individuals who are not accustomed to trading should be especially cautioned, as speculators rely on unseasoned investors buying after large upside moves…
The main reason cryptocurrencies such as Bitcoin will be adopted is that most national currencies are inflationary. Most of the world currencies have fallen by ~ 99.95% against the USD during the last 100 years…
Most common ways of transferring money are bank transfers, debit card transfers and credit card transfers. Bank transfers: Bank transfers are normally not free in the banking system, i.e. SWIFT or SEBA payments. For domestic…
Bitcoin wallets can be encrypted with a password. This effectively blocks all transfers from the wallet unless the person in question knows the password. If someone comes across a computer or a Bitcoin owner’s smartphone,…
Credit cards security flaw is revealed when the cards are used on the Internet. Hackers can easily get access to credit card information such as the account number, release date and CSC security number from…
Bitcoin is in some sense three things. Bitcoin is a cash system, which you can attach data to when you transfer it. Bitcoin is a payment system that uses the internet to transfer the currency,…
So far, no one has been able to demonstrate security flaws in cryptocurrencies like Bitcoin. However, there are two safety concerns associated with cryptocurrencies that people should be aware of. First point is on general…
