Bitcoin For Beginners
Bitcoin For Beginners
About the Book
Bitcoin For Beginners is an introduction to Bitcoin and other cryptocurrencies, including Ethereum. We focus on the basics understanding of what the currencies are and how they trade. We also cover multiple resources, including the exchanges where cryptocurrencies are traded.
Bitcoin For Beginners is written by Bill Keck, author of Laravel 5.4 For Beginners, which is a beginning programming book that has a 5 star rating on Goodreads. Bill's experience with teaching programming to beginners helps him simplify technical explanations down the most simple elements. This really helps readers understand the basics, which they should know before even thinking about investing their money into Bitcoin or any other cryptocurrency.
About the Author
Table of Contents
-
Chapter 1: Introduction
- About The Author
- No Investment Advice
- A Growing Market
- Summary
-
Chapter 2: Bitcoin
- What Is Bitcoin?
- Digital Currency
- How Bitcoin Has Value
- How Bitcoin Started
- Satoshi Nakamoto
- Satoshi Steps Back
- Bitcoin Is Open Source
- Peer to Peer
- Bitcoin Mining
- Blockchain
- Scalability
- Bitcoin is rare
- Bitcoin Transactions
- Bitcoin Wallets
- Bitcoin Platforms
- Bitcoin Fractions
- How Bitcoin Is Different Than Paypal
- What You Can Buy With Bitcoin
- The Case For Growth
- Speculation
- Bitcoin Trades 24/7
- Is Bitcoin More Like Gold Or The Dollar?
- Bitcoin Risk
- Booms and Busts
- Can Bitcoin Be Hacked?
- The Million Dollar Pizza Story
- Summary
-
Chapter 3: Ethereum
- Building On The Revolution
- Democratization
- What Is Ethereum?
- Is This For Real?
- Vitalik Buterin
- The Ethereum Foundation
- What Makes Ethereum Different?
- Smart Contracts
- It’s Also A Currency Platform
- Bitcoin Vs. Ethereum
- Fighting For The Future
- Scale
- Dapps
- Is Ethereum Like Netflix?
- Summary
-
Chapter 4: Ripple, Litecoin, And Other Cryptocurrencies.
- Market Dominance
- Ripple
- Litecoin
- Key Differences in Litecoin vs. Bitcoin
- Silver vs. Gold
- Shapeshifting
- Ethereum Classic
- Dash
- Cloakcoin
- Monero
- Einsteinium
- Summary
-
Chapter 5: Scams And Other Risks
- Pyramid Schemes
- Pump And Dump
- Incentivized Promotion
- Newbies Invited To The Poker Game
- Malicious Software
- Network Failures
- Outdated Materials
- Hope For A Gain, Fear Of A Loss
- Well-meaning Wrongness
- Bitstamp’s Warning
- Summary
-
Chapter 6: Bubbles
- Tech Bubble of the 1990s
- Housing Bubble
- Low Interest Bubble
- There’s Always A Bubble
- Summary
-
Chapter 7: Big Brother vs. Crypto
- Great Depression?
- The Fundamental Struggle
- The Revenge of Napster
- BitTorrent
- BitCoin’s Peer to Peer Architecture
- Peer To Peer History Is Deep
- Legal Issues
- Prohibition
- Summary
-
Chapter 8: Currency Types
- Fiat Currencies
- Base Currencies Also Known As Base Coins
- Alt Coins or Alt Currencies
- Alt Coins Have Gained Huge Market Capitalization
- Stability Is Good?
- The Future
- Moving Between Currencies Is Not Simple
- Complexity
- Summary
-
Chapter 9: Exchanges
- Setting Up On Coinbase
- Verifying Identity
- Reliability
- Limits
- Bittrex
- No Fiat Currencies
- Funding Your Bittrex Account
- Bittrex Bad Reviews
- Customer Support
- Limits
- Google Authenticator
- Reliability
- Unbreakable
- Trading On Bittrex
- HitBTC
- Hong Kong Based
- CryptoCompare Rating Is 3 Stars
- My Experience
- Vulnerable to Scams
- Trading On HitBTC
- Fees
- Keep Careful Records Of Your Trades
- Summary
-
Chapter 10: ICOs
- What Is An ICO?
- NVO Case Study
- Participating Gets Complicated
- Normally Not Doing It
- Took My Chances
- 21 Million ICO
- The New Stock Market?
- Chasing The ICO
- Status ICO
- Summary
-
Chapter 12: Valuation, Speculation, and Volatility
- Valuation
- Bitcoin Cash
- Speculation
- Volatility
- Veritaseum Case Study
- Summary
-
Chapter 13: Resources
- ICO Listings
- General Resource Sites
- Key People to Follow On Twitter
- Exchanges
- Online Wallets
- Hardware Wallets
- ICO Listings
- General Resources
- Video Bloggers
- Andreas M. Antonopoulos
- Summary
- Chapter 14: Riding Off Into The Sunset In The Wild, Wild, West
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