Articles & guides

Bitcoin Transaction Fees

What Are Bitcoin Transaction Fees?

A Bitcoin transaction fee usually refers to the amount of Bitcoin that we pay to miners when we transfer to another bitcoin address. Transaction fees are pretty straight forward once you know what they are and how to use them. However, in order to properly understand how these fees work,

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Bitcoin Service Requests

How we can (and can’t) help you with Bitcoin/Blockchain

Since launching about a year ago, the number of emails we receive asking for help with bitcoin transactions has steadily increased to about 50 per day. Many of these are requests for help with stuck transactions, where the transaction is still unconfirmed despite using BTC Nitro to accelerate them (for

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Bitcoin Wallet

What is a Bitcoin Wallet?

Welcome to Part 2 of our Beginners Series!  In Part 1, we answered the question: What is Bitcoin? Well, if you’re reading this then you already know the answer to that question and are interested in learning what a wallet is and why people use them. We’ll also talk about

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What is bitcoin?

What IS Bitcoin?

Welcome to the first part of our Bitcoin Learner Series. In this series, we’ll cover many topics right from Bitcoin beginner basics, through to more advanced concepts related to mining, wallets, trading and development. Don’t worry though – we’re going to use plain English all the way and avoid technical

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bitcoin thieves

Bitcoin Transactions: 3 Scams to Avoid

With the price of Bitcoin (BTC) having increased significantly in recent months (at the time of writing) and the blockchain network busier than ever, thieves, tricksters and fraudsters are all cashing in on the boom. In this article, we look at the top three Bitcoin scams commonly seen today and

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blockchain scaling problem

Blockchain Scaleability Problem

At its root, the blockchain is essentially a distributed ledger where every node in the blockchain keeps its own copy of this ledger. The idea here, is to minimise the chances of the ledger becoming corrupted by someone or group of people taking part in the network. This however, poses

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buying bitcoin

How to Buy Bitcoin in the UK

The bitcoin crypto currency has grown to be enormously popular during the last several months and the demand keeps on growing. There are several possible ways to acquire the virtual money – the potential buyer only needs to figure the optimal way to do it – online through an exchange,

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bitcoin alternative

LiteCoin – The Most Successful Bitcoin Alternative?

Litecoin is a digital crypto-currency created as an alternative to the bitcoin virtual cash. Incepted in 2011 by a guy named Charles Lee, its popularity has intensively grown rising the price of one litecoin in 400% and making it worth about 50 USD as of the time of writing. Based

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bitcoin state approval

Opinion: Does Bitcoin Need State Approval in the US?

Many users of BTC Nitro and bitcoiners in general are divided as to the significance and a full array of possible ramifications of the official recognition of Bitcoin. On the one hand, there are those who insist that, to be widely accepted, Bitcoin should be introduced to the masses as

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The Value of Bitcoin

The Value of Bitcoin

It is worth repeating, as even some advocates of monetary freedom seem confused about it – the value of Bitcoin is a function of its monetary qualities. One a currency is deemed to be better than another one, not because it’s been provided and supported by authorities but rather because

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Bitcoin market Crash 2015

The Bitcoin Crash of 2015 – What Happened?

As you can see, Bitcoin is sill a pretty new currency and thus it’s a wonderful concept. However, the government, which has always been behind the technological curve, would eventually catch up to the technology and they, of course, would do what governments do – to tax and to regulate.

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Learning about Bitcoin

Learning about Bitcoin from the Source

As with anything the best bet is to start at the source. In this case the source is bitcoin.org The first thing I did is watch the video on YouTube. You can find basics like the benefits of using Bitcoin (direct payments from user to user without a bank, lower

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