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Bixcrypto Investment Group

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Why choose Bitcoin ?

is highly encrypted, it literally puts the power of the banks in the hands of anyone who acquires an account, Bitcoin is the future of crypto currency

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Frequently Asked Questions

Who Created Bitcoin?
There is a little bit of controversy surrounding this particular question. Officially, Satoshi Nakamoto is the person responsible for designing Bitcoin and its reference implementation. However, the issue is that Mr. Nakamoto was somewhat secretive about his identity. He has claimed before that he was a man living in Japan who was born on April 5th, 1975. The issue is that with no proof, we have no way of knowing if this is indeed true, and the true creator could be a different person entirely or even a group of people. The most common speculation is that the true identity of the person or group responsible for developing Bitcoin has stayed a complete secret. In fact, many think that Bitcoin was developed by a group of cryptography and computer science experts who were living in the United States and Europe at the time.
What is a cryptocurrency??
Cryptocurrency is basically a virtual exchange medium that uses a cryptography in order to secure its transactions and control the creation of the system units. Meaning, cryptocurrency simply represents money in the digital marketplace nothing else. It is based on an open-source software, cryptography and networking. It lets people or users avoid fees or the lowest fees as compared to what your banks are charging. The system takes part in the non-cash transactions that is anonymous while guaranteeing a secure transactions. Cryptocurrency is associated with internet using cryptography process converting legible information into an almost uncrack-able digital code, impossible to crack transfers and purchases. In history, cryptography was born during the Second World War in order to secure communication. It only evolved in the new generation age, the ‘digital era’ with the elements of computer science and mathematical theory to become a secure money online, information and communications. For most people, cryptocurrency topic are difficult to understand, cryptocurrencies key management mechanics commonly confuses people in the community. With this, there are cases in which people who purchased cryptocurrencies in the market, but in the end left them in others as the holder, the worst scenario is that the balance will be lost to an insider theft or some hackers. Cryptocurrency is subject to pump and dump and this is normal, this is similar to the penny stocks. Because no one knows what scale will be adopted by the currencies, and there is uncertainty about how the community will maximize them, any cryptocurrencies are volatile relative to the traditional fiat currencies.
What are the most common cryptocurrencies?
  • Bitcoin: This cryptocurrency was the first in the ecosystem and the most commonly traded cryptocurrency until today. In 2009 Satoshi Nakamoto developed Bitcoin, a mysterious digit who developed blockchain. For the record it has a market capitalization of $45 billion dated 2017 of July.
  • Ethereum: 2015 is the year Ethereum was born, a token based currency used in Ethereum blockchain, it is placed in the second in rank on the most valuable and popular cryptocurrency in the marketplace. Ethereum has market capitalization of $18 Billion as of 2017 of July. Ethereum had a very turbulent journey. After a major hole causing it to be hacked in 2016, as result it split into two currencies, the value of Ethereum in recent months has reached high as $400 but crashed to as low as 10 cents.
  • Ripple: a cryptocurrency uses a distributed ledger and it was created in 2012. Ripple has a feature to track the type of transaction made, not just cryptocurrency. Ripple has been used by UBS and Sandander, it has more than $6.3 billion market capitalization.
  • Litecoin: Litecoin is a cryptocurrency that is similarity with bitcoin, but move quickly on its developments, this includes more faster payments and processes more transaction at a time. The estimated overall value of Litecoin is more than $2.1 billion.
Is there a fake cryptocurrency?
Bitcoin or BTC, the first every cryptocurrency in the digital marketplace, has gone from its media sensation to quite a few years. But upon its wake, an estimate of more than 800 new cryptocurrencies sprung in the digital market, just like mushrooms after a strong thunderstorm. Only a few Bitcoin alternatives can be considered legit. All others can be considered as just a traditional mushroom which was used mainly as food.