Cryptocurrency

Hello there guys...

It's been a while since anything is up on this blog, not that anyone cares or something but just saying, Anyways

Lately I have been watching much of cryptocurrency here and there, I know it's pretty late to talk about them but it's obvious by now that "many people are earning basically free money just by sitting at home" This , this exact statement is all over the internet and all the people are going for it, many have already suffered and many has yet to suffer because of that. While I'm not saying that the cryptocurrencies are useless and a waste of time and effort but one must think before putting everything on the line just for this.

Few days ago I've read a comment somewhere on a form about a guy who has invested substantially in an online ponzi scheme and he is screwed now. So the main fact is to just tell and inform the people to spread awareness about the cryptocurrencies.

To know the answer yourself just ask yourself a simple question. What is crypto-currency?
Let's see what google has to say:

cryptocurrency

krɪptəʊˌkʌr(ə)nsi
noun
noun: cryptocurrency; plural noun: cryptocurrencies; noun: crypto-currency; plural noun: crypto-currencies

a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
"decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation"

So this is what google has to say.

Let's see what I has to say:

cryptocurrency

It is a very debatable topic and as we see the community grow and being aware about it, people tend to start mining at very little knowledge and then creates a huge problem for most of gamers or other people in general. Due to the increase in consumption of graphics cards for mining different type of coins and most commonly etherium is mined today or some people go as far as buying an ASIC miner for just mining Bitcoins.

This is one of the ASIC miners used now to mine bitcoins. This miner just consumes a shit load of power and creates a lot of noise. Buy one of these if you want to go deaf definitely!!!

Soo let's get to the point here, you basically need to invest something for earning some bitcoins of any coins like now-a-days Bitcoin is too high that if you have 1 bitcoin that means you are pretty rich. Bitcoin is high on weed!!!

But there has been quite a huge drop in market price lately and now the market prices are just good for nothing. As many people expected this bubble for cryptos have exploded but in these times some coins are not that affected but all the major ones are known to be effected by this new change in the market.

Stock Market

Well It's time to enjoy the new era of free money and sleep like a baby.