Articles About The BitCoin and AltCoin Industry

In Trading Graphs for Bitcoin Investors

Identifying and Interpreting Triangle Chart Patterns for Bitcoin Trading

Have you ever taken a good look at the charts they post on digital currency exchanges? Beyond the general up and down trend lines, it can be confusing to interpret the shapes and patterns as they form. Coin Pursuit is devoting a series of articles designed to clarify how to detect those patterns, and how to interpret and react to them once they appear. This time around, we'll take a look at the three types of triangle chart patterns and what they mean to your currency's value. Generally...

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In Trading Graphs for Bitcoin Investors

Flag and Pennant Chart Patterns for Bitcoin Investing

To be a successful investor in alternative currency, there's no requirement that says you have to be a financial guru—but it does work in your favor to be able to pinpoint and interpret patterns on market value charts, and identify the trends they represent. We're investors at Coin Pursuit, too—and we're here to help our readers make the best-informed choices with their investments as we possibly can. Part of that mission includes our article series on market chart patterns. As a part of that...

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In Trading Graphs for Bitcoin Investors

How Bitcoin Traders are Interpreting a Cup and Handle Graph Pattern

Part of the challenge when it comes to investing is reading the charts that reflect the fluctuations in a given market; this is just as true of digital currency as it is with any other stock or commodity. Coin Pursuit is dedicated to helping new investors make sense of the charts they'll see on exchange pages, and this article is written in that spirit. Today, we'll be taking a look at the “cup and handle” pattern that can form over time on such a graph. First, let's start with an...

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In Trading Graphs for Bitcoin Investors

Double Top and Double Bottom Chart Patterns for Bitcoin Traders

Making an initial investment in digital currency like Bitcoin (BTC) isn't rocket science; you buy the currency at a reasonable price, and there you have it. However, it's what happens afterward that can make the difference between a sound and unsound investment. At Coin Pursuit, we realize that making heads or tails out of the charts you find on some exchanges can be confusing to some. In order to clear that confusion, we're devoting articles to chart interpretation. This time around, we're...

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In Trading Graphs for Bitcoin Investors

How Bitcoin Traders are Interpreting a Head and Shoulders Graph Pattern

At Coin Pursuit, we've often offered the advice to Bitcoin (and all digital currencies) investors to not overreact to daily fluctuations in price. It's always best to step back and take a look at performance over a period of time; not only will you get a better idea how how your currency is doing, you'll also be able to pinpoint when the best times are to buy and sell. Today, we're going to discuss a typical trend line that can form on a graph over time, known as the “head and shoulders”...

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In General Articles

Will PayPal Embrace Digital Currency?

With the advancement of digital technology—especially as it relates to the financial industry—our banking, purchasing and selling habits have changed drastically over the past 15 years or so. The days of writing a physical check are all but gone; we just swipe a card or make payments online now. While all this is obvious to the average consumer, there's a potential conflict developing in the online payment field, and its outcome could affect the way we make payments online. We're talking about...

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In Merchants

Overstock.com to Become a Digital Currency Merchant

In a recent interview, PayPal president David Marcus offered one reason his company is hesitant in embracing digital currency. Not enough merchants are accepting cryptocurrency as payment to make it really viable or competitive, he said—and it's certainly a comment we've heard echoed by people both inside and outside the digital currency industry. Though it's often repeated, we here at Coin Pursuit are finding it to be less true than it was even a year ago—and that trend is continuing. There...

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In General Articles

Digital Currency Fraud 101: The Pump and Dump Scheme

One of the most unique things about the digital currency industry we've noticed—in comparison to the trading of traditional stocks and commodities—is a lot of the people who invest in alternative currencies are attracted to its unique features, and are new to investing and trading in an exchange setting. There's nothing that says you have to be a financial genius to invest in alternative currency, and the basics of the market are easy enough to learn. Coin Pursuit takes pride in being the...

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In Trading Graphs for Bitcoin Investors

Interpreting a Candlestick Chart for e-Currency Traders

The fluctuations in the alternative currency markets can be robust—especially in a young industry that's subject to volatility as it strives to reach maturity and stability. As an investor in cryptocurrency, it's to your advantage to keep an eye on these fluctuations and trends in order to maximize your investment. The best way to do that is to monitor a digital currency exchange that offers real-time charts that show a given currency's performance. Most exchanges employ what's known as a...

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In General Articles

Bitcoin...But It's Not Real Money!

Here at Coin Pursuit, we've done a lot of research on digital currency, and we've found even those who support the industry often use terms such as “real money” for government-issued currencies. We believe that's doing alternative currencies an injustice; for this reason, when we refer to government and corporate-backed financial tools, we refer to them as “traditional” currency. Simply put, the implication that cryptocurrency isn't “real” money is just plain incorrect. With that said, we'd...

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In Companies

Coin Pursuit Digital Currency Company Spotlight: LocalBitcoins.com

As the market for digital currencies grows, so does the industry of companies that support their buying and selling. Coin Pursuit likes to take a good's look at these businesses—and to pass on what we learn to our loyal readers. In that spirit, today we'll take a look at one of the more dynamic support platforms for Bitcoin trading, LocalBitcoins.com. Local Bitcoins was founded in 2012, less than three years after the cryptocurrency industry began. Headquartered in Helsinki, Finland, this...

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In Companies

Coin Pursuit Digital Currency Company Spotlight: Coinbase

Here at Coin Pursuit, we take pride in our thorough research, and the ability to bring the clearest definitions and latest developments in the digital currency world to our members. From time to time, we also like to take an in-depth look at the companies that help shape the industry. Today, we're gonna take a look at one of the most popular and successful companies in the market: Coinbase. Coinbase was founded on June 20, 2012, and in the short period of time since then, this San...

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In General Articles

What's the History of Cryptocurrency?

There almost seems to be a shroud of mystery—at least, in the minds of most average people—about the world of digital currency. For example, the creator of Bitcoin, “Satoshi Nakamoto,” was up until recently considered a pseudonym; it was thought this could be one person or an entire group, and for five years no one knew with any certainty who that was. The mystery was revealed in March 2014, when Newsweek Magazine published a lengthy article showing that Satoshi Namakoto was, indeed, the actual...

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In Wallets

What Should I Look for in a Digital Currency Wallet?

The second you invest in digital currency, you're gonna want a wallet to maintain your account, and to make and track your transactions. Wherever you purchase your cryptocurrency—directly from the issuer or through an exchange—chances are they'll recommend a certain wallet to you. You're under no obligation to go with that particular wallet, of course—but industry experts recommend you have a wallet in mind before you make your initial investment. In this article, we're gonna walk you through...

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In General Articles

How Do Digital Currency Exchanges Work?

When you first decide to invest in digital currency, chances are you're gonna have to go through an exchange to purchase it. To those used to traditional currency like US dollars or British pounds, the concept of “buying money” might sound a little weird and redundant. It's where exchanges are involved that digital currency behaves less like “regular” money and more like an investment. In this article, we're gonna clarify what exchanges are, how they work, and what you should look for when...

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In Mining

What is Digital Currency Mining?

If we had a dollar for every article and news report we've seen about digital currency mining that trumpets, “You. Can. Make. BIG MONEY!!!” and doesn't even bother to describe the process, well—we'd have a lot of dollars. The average person out there understands that mining can be a source of cryptocurrency income, but has no idea how to go about it. To clarify matters once and for all, we're gonna look at digital currency mining in this article—what it is, how it's done, and the different...

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In Wallets

What Are Private and Public Keys?

In the modern world of electronic communication and business, privacy and security are big concerns. We all hear horror stories of personal information and financial assets being hacked and stolen, which highlights the need for encryption and protection of our data. These concerns are just as valid when it comes to digital currency transactions, and public and private keys play a pivotal role in protecting these investments. Coin Pursuit will be dedicating this article to what these keys are,...

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In Apps

Which Bitcoin Apps are the Most Popular?

The growth in popularity of digital currency in general—and Bitcoins specifically—hasn't gone unnoticed in the mobile applications industry. Developers have created apps for all your on-the-go cryptocurrency needs, quick and efficient little programs you can install on your smartphone or tablet computer. New apps crop up on a regular basis, and it's a niche market that promises to grow along with the rest of the industry. Today, we're gonna take a look at the most popular mobile apps you can...

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In General Articles

Is the Cryptocurrency Market Considered a Bubble?

It's called different names—fluctuation, market adjustment, trading peak and so on. But after the dot-com and housing market bubbles, that's the term the media has latched onto. The meteoric rise in value of some types of cryptocurrency has many convinced the industry is in a bubble. In this article, we'll look at the arguments for and against that assumption. For simplicity's sake, we'll be looking at the so-called “Bitcoin bubble”—but similar trends have been affecting other digital...

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In Wallets

Which Digital Wallets are the Most Popular?

Ah, we love seemingly objective questions that turn out to be subjective! Digital currencies have only been around a few years, but already we've seen fierce loyalties being expressed for certain types of wallets over others. Consider, too, that some wallets have different features than others—for example, if you want to just keep your cryptocurrency safe, and not really spend it, you'll want a different wallet than someone with a more active account—and it makes this question even more...

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