Technical Interview Questions
We can sell Bitcoins in many ways. We can sell it online to an exchange or some other people who live nearby. It can be sold in the same way as it can be purchased. The price of bitcoin fluctuates regularly as per the demand and supply. It can also be sold through bitcoin ATMs, … Read more
We can purchase the bitcoin from many sources. Some of them are given below. It can be purchased from online with the help of credit cards or other e-wallets like PayPal etc. It can also be purchased with the help of LocalBitcoins and from Bitcoin Teller Machines, which is equivalent to Cash vending ATMs. Bitcoin.com … Read more
The price of bitcoin is fluctuating because it is very volatile in nature. Since the number of bitcoins is limited in circulation, new bitcoins are created at a decreasing rate. It means that demand must follow this level of inflation to keep the price stable. The bitcoin market is still relatively small as compared to … Read more
The price of bitcoin is determined by the market in which it trades. It is determined by how much someone is willing to pay for that bitcoin. The market sets the price of bitcoin as same as Gold, Oil, Sugar, Grains, etc. is determined. Bitcoin, like any other market, is subject to the rules of … Read more
No, bitcoin is not completely anonymous; instead, it is pseudonymous, i.e. every identity is tied with the fake name. It is because each user has a public address, and whenever there are financial transactions occur, the fraudsters will survive to trace that addresses. Bitcoin is often described as pseudonymous rather than truly anonymous. While … Read more