Sometimes the period reached several days, which served as the basis for the “bribe” scheme. For a certain reward, miners prioritized the transactions of wealthy cryptocurrency owners into a new block.
The history of the emergence of a new type of cryptocurrency
The “birth” of Bitcoin was facilitated by controversy regarding the obsolescence of the BitCoin cryptocurrency code. It was decided that a serious update was required, because the existing block size was no longer enough for fast, stable operation. Some suggested leaving the same chain, but gradually changing it, while others, on the contrary, insisted that tough changes were necessary, which were carried out.
Price forecast
Experienced analysts note that the classic version of cryptocurrency depends on the new coin, because users cannot yet finally decide where to invest more profitably. There is no need to perceive the second version of the coin as a “killer” of the first, it is just a branch. It’s not worth investing in it to the maximum, all because after the end of the hype, the cost of virtual coins can decrease many times.
It should be noted that the current growth of the virtual coin is artificial, because the growth ceiling was still initially indicated. The secret is that speculators, wanting to sell the coin at a higher price, create an artificial hype around it. You can purchase it for dollars, euros, and if necessary, you can exchange Bitcoin (BTC) to PayPal using the service like this. He is very useful in this regard.
What does the monitoring site offer?
The described service is the best in the entire online; according to statistics, more than 90% of all exchange transactions are carried out using it. The monitoring functions consist of obtaining reliable data on the quality of services provided by exchange sites whose names are included in the list. We also collect and display up-to-date data on the status of reserves in exchanger accounts. Rates are monitored around the clock, detailed statistics are provided not only on the sites themselves, but also on currencies and their balances.
Sites are sorted by degree of profitability; if necessary, information is provided on how financial transactions are carried out. If we describe the monitoring site in more detail, I would like to start with the fact that its main page is divided into 2 parts. The first is represented by a central window that displays a list of exchange offices, and the second is a block where you need to select directions for exchanging virtual currency units.
Monitoring online Exchanges profitable rates at www.bestchange.com is very easy to use:
- first of all, the user needs to decide on the currency that he needs to convert Pay Pal USD, then he selects the currency he wants to receive;
- when the direction is chosen, we get acquainted with the proposed list, in which the positions are placed in descending order of profitability of the course;
- you need to pay attention to the exchange mode, volumes of reserves, reviews. When you go to the conversion site, you indicate the transaction amount, personal data, and payment card details.
Another important point: before applying for an exchange, make sure that the item has the ability to remove your needs; for this, its reserve must correspond to the required volume.