BITCOIN (UNIT OF CURRENCY) - KYC - LIQUIDITY


BITCOIN (UNIT OF CURRENCY)	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{^{Source + Source}}
KYC	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. ^{^{Source + Source}}
LIQUIDITY	the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. a suitably large community of buyers and sellers is important for liquidity. the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. ^{^{Source + Source}}
FORK	it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. ^{^{Source + Source}}


BITCOIN (UNIT OF CURRENCY)	bitcoin functions as a reserve currency for the altcoin ecosystem. a unit of the decentralized, digital currency which can be traded for goods and services. 100,000,000 satoshis. ^{^{Source + Source}}
KYC	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{^{Source + Source}}
LIQUIDITY	the result of an illiquid market is price volatility, and the inability to easily determine the value of an asset. a suitably large community of buyers and sellers is important for liquidity. the ability to buy and sell an asset easily, with pricing that stays roughly similar between trades. ^{^{Source + Source}}
FORK	it can also be used to describe a separate cryptocurrency which has been split from the main blockchain, such as namecoin being a “fork” of bitcoin. a split in the blockchain where there are temporarily two different blockchains which miners can work on. (this change is called a “hard fork”.) these can occur if software updates to a bitcoin client are incompatible or if developers decide that changes must be made to the programming of a coin. forks create an alternate version of the blockchain, leaving two blockchains to run simultaneously on different parts of the network. ^{^{Source + Source}}

Cryptocurrency News - Top Stories !

Mellon Banking Heir's New Crypto Fortune: Almost $1B In Ripple's ... - Forbes

Forbes: Matthew Mellon, the bad boy of one of ... greatest family fortunes, was one of the earliest crypto evangelists.

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MarketWatch: ... income tax department has issued 100,000 tax notices to cryptocurrency investors, in the latest sign of a government crackdown on the use of the digital money. "People who have made investments (in cryptocurrency) and have not declared income ...and more ...

Is a Potentially Fraudulent Crypto Company Behind the Bitcoin Rebound? - Gizmodo

Gizmodo: After a precipitous crash, cryptocurrency enthusiasts have been heartened to see a steady climb in the value of frontrunner coins since yesterday afternoon. ... driving the rebound in an increasingly harsh regulatory climate might be a so-called ...

Watch Yahoo Finance's crypto summit live | TechCrunch - TechCrunch

TechCrunch: The Yahoo Finance All Markets Summit: Crypto will examine the growing market and investor interest in crypto and the technology behind it. Specifically, where are these digital assets heading, and how can everyday investors buy in safely? From bitcoin ...

Silicon Valley Legend Tim Draper: Bitcoin And Crypto Will Take Over The World - Forbes

Forbes: In the same year, he is reported to have paid less than $20 million for nearly 32,000 Bitcoin auctioned by the U.S. Marshalls Service — coins that had been confiscated from Ross Ulbricht and his online black marketplace, Silk Road. Since then Draper ...

Dan Larimer's Path From Working On Weapons To Minting Crypto Riches - Forbes

Forbes: Computer programmer Dan Larimer used to be a cog in ... military-industrial complex, working on defense projects, drones and unmanned vehicles for companies like Raytheon and Torc Robotics. But in 2007, the Virginia Tech graduate says, he had an ...

This crypto-millionaire bought a Lamborghini for $115 thanks to bitcoin - CNBC

CNBC: Musicians and star athletes come to shop for luxury cars at MotorCars of Georgia, a dealership just outside of Atlanta. Quavious Marshall, better known as Quavo of local rap group Migos, bought a Silica White McLaren 720S from there in November ...

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BITCOIN (UNIT OF CURRENCY) - KYC - LIQUIDITY - FORK -