The Bitcoin Course – Are BTC the New Gold?

When Bitcoin first saw the light of day in 2009, you could buy 5000 Bitcoin for the equivalent of 25€. Well, some years later a Bitcoin is worth over 1000€. In March 2017, the crypto currency was worth more than an ounce of gold for the first time. Many experts, including Jeremy Liew, investor of Snapchat and Peter Smith, founder and CEO of, forecast a value of up to €500,000 per bit coin by 2030.

Bitcoin worth more than gold states

Currently, many investors from countries like China are fleeing to Bitcoin as their national currency is threatened by inflation. As a result, the price has risen sharply. Over the course of last year by 100%. The Bitcoin protocol sets a maximum limit of 21 million Bitcoin. From 2009 to 2017, 16 million of this was mined (prospected). Due to the maximum amount set, this will drive the price higher if BTC then becomes a more popular means of payment. Therefore, investing in BTC can be interesting. Since the price is subject to strong fluctuations, one should only invest so much money that one can also cope with losing it completely in extreme cases. Even if this is unlikely, it is still possible. It depends on whether Bitcoin can establish itself as a means of payment.

Conclusion about Bitcoin trader

BTCs are certainly an interesting option, both for international payments and as an Bitcoin trader investment product. However, those who need their money at short notice can incur losses due to fluctuations. One should therefore see an investment in the digital currency as a long-term investment.

In the meantime, some alternative crypto currencies have proven to be quite competitive, which have partly absorbed and improved the disadvantages of Bitcoin. The technology behind the digital currencies is being researched diligently. The future will show whether Bitcoin will prevail. We are curious.

Mainnet from Tron in sight

The introduction of Tron’s Mainnet seems to be available sooner than expected. The project’s technology director has some information ready. According to Lucien Chen, Trons Technology Director, the publication of the Mainnet will be brought forward from July 1 to May 31. The test net will continue to be available on March 31. On the test net it will be possible to operate a node, develop digital assets and send and receive transactions. Lucien Chen, in an interview with Reuters:


Tron ´s fast roller coaster ride

In early January, Tron reached an all-time high of around $0.30 an ounce, but the crypto currency plummeted to $0.02 an ounce. Currently the value of a token is about $ 0.04. As some Tron investors turned their backs on the crypto currency due to the drop in prices, some questions came to light about what Tron actually is. Lucien Chen gave some answers. He described the crypto currency as a kind of architecture consisting of three levels.

Level No. 1: The storage layer

“At this level, we have developed a unique distributed storage protocol, including block and state storage. We also have a graph database to meet various requirements.”

Level 2: Module of Smart Contracts
“At the middle level, we designed the modules for Smart Contracts, Account Management, Consensus, etc. To make it easier for developers to create Dapps, we decided to use JAVA as the programming language for Smart Contracts. Further programming languages will be added in the future. Trons consensus is based on proof-of-stake and some other innovations to meet our requirements.”

Level no. 3: Application level
Finally, the third layer of the crypto currency is the application layer, which developers can use to easily develop Dapps and implement the wallet themselves. Another highlight is the Tron Killer app, which will be released on the Mainnet. What it is about is not yet known.

Buy Tron

Currently the best exchange for Tron (TRX) purchases is Börse Binance*. You can create a user account in just a few minutes – but of course always with a secure password and two-factor authentication! The good thing about Binance* is that you don’t need verification if you want to pay out less than the equivalent of two Bitcoins. Once you have created a two-factor authenticated account with a strong password, you can deposit Bitcoin, Ether or any other currency offered.

Litecoin Mining – How to Mine Litecoin – How to Mine Litecoin!

Litecoin Mining – Litecoin is one of the oldest crypto currencies on the market. It has been available for trading since October 2013. The crypto currency was one of the first hard forks from Bitcoin. Litecoin is called LTC for short, it is often compared with it and both are similar in many respects.

At the same time, Litecoin has many advantages over Bitcoin, such as better scalability and lower fees. What the differences are in Litecoin Mining and what the mining instructions look like, you can find out here.