Bitcoins can be bought or sold on a Bitcoin exchange. It may transfer between users and store on a special website. It’s most salient feature is that it is not controlled by any government authority.
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Jubilee ace - bitcoin investment plan as profitable source of income
1. Jubilee Ace - Bitcoin Investment Plan as Profitable Source of Income
Bitcoin is a cryptocurrency, the currency that is hidden, secret, or unknown to the public. It
is a kind of digital currency that was created in 2009. Transactions are made online, from
computer to computer or mobile phone. It has no physical existence. It is just a computer
file stored in a computer having a link from person to person. Bitcoins can be bought or sold
on a Bitcoin exchange. It may transfer between users and store on a special website. It’s
most salient feature is that it is not controlled by any government authority.
Jubilee Ace Transactions are made directly from user to user without the mediation of any
bank or financial agency. Before going into the details, it necessary to define some
necessary terms.
Blockchain technology
A Blockchain is a database software installed on a computer or mobile phone of user,
enabling him to make transactions.
Private Key
Bitcoin has a secret key called the private key that can be used to make transactions. This is
a security code, that notifies the user that the transaction has made successfully.
Cryptographic Signature
The Jubilee Ace Cryptographic signature is a mathematical process that allows someone to
prove ownership. The alteration of transactions is prevented by the signatures.
2. Mining
Mining is a process that provides security and confirms Bitcoin transactions. Without Bitcoin
miners, the system may be attacked and defunct.
Investment in Bitcoins:
Due to global financial crises, a trend is being developed among investors of the world
whether cryptocurrencies, such as Bitcoin, profitable investment for them. It has predicted
that in the post corona scenario, there will be high institutional demand for bitcoin. They
think the following reasons why Bitcoin is an attractive investment.
As the stock market is shock-sensitive, every type of turmoil situation directly hit the market
so in the aftermath of corona situation investment in the stock market will not be attractive.
It is well- the fact that due to corona a lot of industrial units have been shut down or going
to be shut.
As share prices in stock markets fluctuate with fluctuation of industrial financial
circumstances, so if the industry is going in crises to the reason that demands of their
products are going downward, so in the prevailing situation investors will not take a risk. So
bitcoin is a safe investment for them.