Quantcast
Channel: Bitcoin basics Archives - Luno
Browsing latest articles
Browse All 10 View Live

Why does the Bitcoin price sometimes change sharply?

Bitcoin's price is notoriously volatile. Over the years, we’ve witnessed huge swings (both up and down) in the span of days, hours and even minutes. But what causes this?

View Article


What makes Bitcoin valuable?

It’s a tricky business trying to bundle together the factors that determine the value of something. Investors often look to the inherent value, or the underlying value in a company when deciding which...

View Article

What to do if you’re a victim of a Bitcoin scam

If you suspect you’re a victim of scam activity be sure to review your recent transactions and follow these steps.

View Article

What is the difference between Uniswap and Bitcoin?

Bitcoin and Uniswap run on different infrastructures and have different intended purposes. Bitcoin is a digital currency used for electronic transfers, and Uniswap is primarily designed for its...

View Article

How do macroeconomic events impact Bitcoin?

Bitcoin’s price is linked directly to supply and demand, and events that impact the economy on a national and global level impact people’s need to buy or own (hodl) the cryptocurrency.

View Article


How many Bitcoin are there and why?

There are currently around 18.9 million Bitcoin in circulation, with a maximum supply of 21 million. The remaining couple of million Bitcoin are expected to be fully mined by 2140. You may be wondering...

View Article

What is the difference between Bitcoin and a blockchain?

Bitcoin is a cryptocurrency and the Bitcoin blockchain is the ledger, or the spreadsheet, on which all the transactions that have ever been made with Bitcoin are recorded.

View Article

How is Bitcoin created?

Each Bitcoin is created through a process called mining and the people that mine cryptocurrencies are called miners. These miners use powerful, specialised computers to validate transactions on the...

View Article


What is Bitcoin mining?

While your local currency – whether it’s dollars, pounds or something else – are issued by central banks, new Bitcoins are issued to Bitcoin miners in return for certain tasks they carry out to keep it...

View Article


What came before Bitcoin?

Let's look at the previous attempts to create digital currencies that made Bitcoin possible.

View Article
Browsing latest articles
Browse All 10 View Live