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Bitcoin For Beginners

Bitcoin For Beginners is an introduction to Bitcoin and other cryptocurrencies, including Ethereum. We focus on the basics understanding of what the currencies are and how they trade. We also cover multiple resources, including the exchanges where cryptocurrencies are traded.

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About

About

About the Book

Bitcoin For Beginners is an introduction to Bitcoin and other cryptocurrencies, including Ethereum. We focus on the basics understanding of what the currencies are and how they trade. We also cover multiple resources, including the exchanges where cryptocurrencies are traded.

Bitcoin For Beginners is written by Bill Keck, author of Laravel 5.4 For Beginners, which is a beginning programming book that has a 5 star rating on Goodreads. Bill's experience with teaching programming to beginners helps him simplify technical explanations down the most simple elements. This really helps readers understand the basics, which they should know before even thinking about investing their money into Bitcoin or any other cryptocurrency.

Author

About the Author

Bill Keck

Bill Keck is the author of 100 Patterns For Success, Laravel 5.4 For Beginners and other books on Laravel and PHP Frameworks.  He actively maintains the PHP Frameworks Blog and the Laravel Tips blog.

Contents

Table of Contents

Chapter 1: Introduction

  1. About The Author
  2. No Investment Advice
  3. A Growing Market
  4. Summary

Chapter 2: Bitcoin

  1. What Is Bitcoin?
  2. Digital Currency
  3. How Bitcoin Has Value
  4. How Bitcoin Started
  5. Satoshi Nakamoto
  6. Satoshi Steps Back
  7. Bitcoin Is Open Source
  8. Peer to Peer
  9. Bitcoin Mining
  10. Blockchain
  11. Scalability
  12. Bitcoin is rare
  13. Bitcoin Transactions
  14. Bitcoin Wallets
  15. Bitcoin Platforms
  16. Bitcoin Fractions
  17. How Bitcoin Is Different Than Paypal
  18. What You Can Buy With Bitcoin
  19. The Case For Growth
  20. Speculation
  21. Bitcoin Trades 24/7
  22. Is Bitcoin More Like Gold Or The Dollar?
  23. Bitcoin Risk
  24. Booms and Busts
  25. Can Bitcoin Be Hacked?
  26. The Million Dollar Pizza Story
  27. Summary

Chapter 3: Ethereum

  1. Building On The Revolution
  2. Democratization
  3. What Is Ethereum?
  4. Is This For Real?
  5. Vitalik Buterin
  6. The Ethereum Foundation
  7. What Makes Ethereum Different?
  8. Smart Contracts
  9. It’s Also A Currency Platform
  10. Bitcoin Vs. Ethereum
  11. Fighting For The Future
  12. Scale
  13. Dapps
  14. Is Ethereum Like Netflix?
  15. Summary

Chapter 4: Ripple, Litecoin, And Other Cryptocurrencies.

  1. Market Dominance
  2. Ripple
  3. Litecoin
  4. Key Differences in Litecoin vs. Bitcoin
  5. Silver vs. Gold
  6. Shapeshifting
  7. Ethereum Classic
  8. Dash
  9. Cloakcoin
  10. Monero
  11. Einsteinium
  12. Summary

Chapter 5: Scams And Other Risks

  1. Pyramid Schemes
  2. Pump And Dump
  3. Incentivized Promotion
  4. Newbies Invited To The Poker Game
  5. Malicious Software
  6. Network Failures
  7. Outdated Materials
  8. Hope For A Gain, Fear Of A Loss
  9. Well-meaning Wrongness
  10. Bitstamp’s Warning
  11. Summary

Chapter 6: Bubbles

  1. Tech Bubble of the 1990s
  2. Housing Bubble
  3. Low Interest Bubble
  4. There’s Always A Bubble
  5. Summary

Chapter 7: Big Brother vs. Crypto

  1. Great Depression?
  2. The Fundamental Struggle
  3. The Revenge of Napster
  4. BitTorrent
  5. BitCoin’s Peer to Peer Architecture
  6. Peer To Peer History Is Deep
  7. Legal Issues
  8. Prohibition
  9. Summary

Chapter 8: Currency Types

  1. Fiat Currencies
  2. Base Currencies Also Known As Base Coins
  3. Alt Coins or Alt Currencies
  4. Alt Coins Have Gained Huge Market Capitalization
  5. Stability Is Good?
  6. The Future
  7. Moving Between Currencies Is Not Simple
  8. Complexity
  9. Summary

Chapter 9: Exchanges

  1. Setting Up On Coinbase
  2. Verifying Identity
  3. Reliability
  4. Limits
  5. Bittrex
  6. No Fiat Currencies
  7. Funding Your Bittrex Account
  8. Bittrex Bad Reviews
  9. Customer Support
  10. Limits
  11. Google Authenticator
  12. Reliability
  13. Unbreakable
  14. Trading On Bittrex
  15. HitBTC
  16. Hong Kong Based
  17. CryptoCompare Rating Is 3 Stars
  18. My Experience
  19. Vulnerable to Scams
  20. Trading On HitBTC
  21. Fees
  22. Keep Careful Records Of Your Trades
  23. Summary

Chapter 10: ICOs

  1. What Is An ICO?
  2. NVO Case Study
  3. Participating Gets Complicated
  4. Normally Not Doing It
  5. Took My Chances
  6. 21 Million ICO
  7. The New Stock Market?
  8. Chasing The ICO
  9. Status ICO
  10. Summary

Chapter 12: Valuation, Speculation, and Volatility

  1. Valuation
  2. Bitcoin Cash
  3. Speculation
  4. Volatility
  5. Veritaseum Case Study
  6. Summary

Chapter 13: Resources

  1. ICO Listings
  2. General Resource Sites
  3. Key People to Follow On Twitter
  4. Exchanges
  5. Online Wallets
  6. Hardware Wallets
  7. Twitter
  8. ICO Listings
  9. General Resources
  10. Video Bloggers
  11. Andreas M. Antonopoulos
  12. Summary

Chapter 14: Riding Off Into The Sunset In The Wild, Wild, West

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