The Ultimate Guide to Bitcoin by Michael Miller and Timothy L. Warner (2014, Trade Paperback)

Pearson Education

0789753243

9780789753243

169919638

Ultimate Guide to Bitcoin

Timothy L. Warner, Michael Miller

Trade Paperback

English

Banks & Banking, Electronic Commerce (See Also Headings under Business & Economics / E-Commerce), E-Commerce / General (See Also Computers / Electronic Commerce), Money & Monetary Policy

2014

Computers, Business & Economics

240 Pages

9in

0.5in

6.1in

11.6 Oz

Hg221.M6455 2015

1 Bitcoin: The Future of Currency? 1 Bitcoin in the News 2What Is Bitcoin? 3No, Really, What Is Bitcoin? 5What Famous People Are Saying About Bitcoin 6Does Bitcoin Really Matter to You? 7 2 Understanding Virtual Currency 9 What Is Currency? 10What Is Virtual Currency? 11What Are Digital Currency and Cryptocurrency? 13Is Bitcoin a Virtual Currency? 14 3 A Short History of Bitcoin 17 Virtual Currency Before Bitcoin 18Then Came Bitcoin 23Bitcoin Today 32 4 How Bitcoin Works 33 Understanding Bitcoins 34Walking Through Some Typical Bitcoin Transactions 35Managing Bitcoin Transactions 40Understanding Bitcoin Denominations 42Verifying Transactions and Creating New Bitcoins 43Understanding Bitcoin Encryption 45 5 Determining Bitcoin Value 49 Does Bitcoin Have Value? 50Who (or What) Decides How Much a Bitcoin Is Worth? 52How Much Is a Bitcoin Worth, Anyway? 53How Has Bitcoin's Value Changed Over Time? 54Where Can You Find the Current Value of Bitcoin? 57 6 Should You Use Bitcoin? 61 Who Bitcoin Was Originally Designed For 62Who Uses Bitcoin Today--and Why 63Is Bitcoin for You? 67What Next? 70 7 Trading on Bitcoin Exchanges 73 How Bitcoin Exchanges Work 74How to Choose the Right Exchange 76Exploring the Big Five Bitcoin Exchanges 77Discovering Other Popular Exchanges 82Making a Trade 85 8 Storing Bitcoins with a Bitcoin Wallet 89 Understanding Bitcoin Wallets 90Examining Different Types of Bitcoin Wallets 91Using a Bitcoin Wallet 97Securing Your Bitcoin Wallet 98 9 Spending Bitcoins 103 Who Accepts Bitcoin Payments? 104Paying with Bitcoin 108Converting Bitcoin to Gift Cards 110Using Bitcoin ATMs 111 10 Accepting Bitcoin Payments 115 Should You Accept Bitcoin Payments? 116Evaluating Bitcoin Payment Processors 117Accepting Bitcoin on Etsy 120 11 Mining Bitcoins 123 What Is Bitcoin Mining? 124How Bitcoin Mining Works 125Can You Be a Bitcoin Miner? 129Joining a Bitcoin Mining Pool 134Making Money Mining--Or Not 138 12 Speculating in Bitcoin 141 How to Speculate in Bitcoin 142Speculating Is Risky 143Speculating Can Pay Big Rewards 145Should You Speculate in Bitcoin? 145Five Tips for Speculating in Bitcoin 148 13 The Many Risks of Using Bitcoin 151 It's Not Legal Tender 152It's Not Backed by Anything or Anybody 152It's Not Regulated or Insured 153You Can't Get Your Money Back 153It's Not Completely Secure 154It's Extremely Volatile 155Some of the Players Are Less Than Upstanding 156It's Not Widely Accepted 156It's Not Understood 157Powerful People Don't Like It 157It's an Experiment 158Bottom Line: You Could Lose Your Money 158 14 Exploring Other Virtual Currencies 161 Why Do We Need Even More Virtual Currencies? 162Evaluating Alternative Virtual Currencies 163Where Can You Trade All These Virtual Currencies? 172 15 Peering into the Future of Bitcoin 175 Scenario #1: Everything Is Awesome! 176Scenario #2: Realizing Potential 177Scenario #3: More of the Same 178Scenario #4: It's Marginalized 179Scenario #5: Hell in a Handbasket 180Which Future Will It Be? 181 A Glossary 183 B Resources 191 Information and Advocacy 191Pricing and Charts 192Feeds, Forums, and Message Boards 192Exchanges 192Wallets 194Payment Processors 195Mining Hardware 195Mining Software 195Mining Pools 195Other Virtual Currencies 196 C How to Read Bitcoin Charts 197 Line Pricing Charts 198Candlestick Pricing Charts 198Column Volume Charts 200Combination Charts 200Trend Lines and Channels 201 D Donating (and Accepting) Bitcoins for Charity 203 Giving with Bitcoin 203Accepting Bitcoins for Your Charity 206 E Creating an Unhackable Paper Bitcoin Wallet 207 Understanding Paper Wallets 207Creating a Paper Wallet 208 F Why Prices Go Down 11 G Bitcoin and Apple Pay 215 Index 217

2015

Trade

332.4

23

Yes