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Coinsource Bitcoin and Crypto Blog

Follow for Crypto news, info, articles on banking and finance, and Coinsource updates.

May 20, 2021

How To Buy Bitcoin: 4 Ways You Can Buy Bitcoin Today

So you’ve decided to buy some cryptocurrency. And if you haven’t decided yet, check out our article on whether it’s a good time to buy Bitcoin. The next step, obviously, is to purchase it. We examine the most popular options to buy Bitcoin (or other cryptos) below. Bitcoin ATMs Bitcoin ATMs function like the currency […]

Category iconCrypto Info Tag iconbuy bitcoin

May 18, 2021

Yield Farming: How To Make Money with Bitcoin (And Other Cryptos!)

If you’ve been in the crypto-sphere recently, you’ve likely heard the term “yield farming.” While it sounds complex and agricultural, it is, in fact, relatively straightforward, has nothing to do with growing crops, and is one of the most valuable abilities of decentralized finance discovered so far. Yield farming is a relatively new technique used […]

Category iconDeeper Dive Tag iconbitcoin,  yield farming

May 13, 2021

Is Now a Good Time to Buy Bitcoin?

Bitcoin is famously volatile, so how do you know if now is a good time to buy it? We take a practical approach and review three investing guidelines, and then apply them to Bitcoin for an answer.  1. In General, Invest for the Long-Term All investments tend to be volatile in the short-term, not just […]

Category iconCrypto Info Tag iconbitcoin

May 6, 2021

Bitcoin vs Gold: Which Costs More to Store?

In a previous article, we compared how much Bitcoin and gold are worth. Today, we’ll take Bitcoin vs gold and compare the costs of storing each asset. How Assets Can Incur Expenses When investing, people commonly focus on how much a sum might increase or decrease in value over time. What often gets lost in […]

Category iconCrypto Info Tag iconbitcoin,  gold

April 29, 2021

Bitcoin vs Gold: Which Is Worth More?

Did you land on this article because you searched for “bitcoin vs gold”? You’re not alone. Lucky for you, you’ve come to the right place. We love discussing Bitcoin and gold and have a series on the gold standard and gold mining versus crypto mining to prove it! Today, we’ll examine Bitcoin vs gold’s value […]

Category iconCrypto Info Tag iconbitcoin,  gold

April 22, 2021

Can Bitcoin Be Outlawed?

With the growing acceptance of Bitcoin, many investors may be asking: “Can Bitcoin be outlawed?” While that seems like a scary future possibility, it’s safe to say that there are many complications that would prevent that from happening. Put simply and briefly: Bitcoin could be outlawed, but it’s unlikely. Want the whole story on why? […]

Category iconCrypto Info Tag iconbitcoin,  Outlawed

April 19, 2021

Bitcoin VS Ethereum: What’s the Difference?

Bitcoin and Ethereum are the two most popular cryptocurrencies available today. We’re starting to hear both of them appear in the news more and more every day. And there’s a clear reason why: Bitcoin has a market cap of over $1 Trillion, and Ethereum has a market cap of $230 Billion. But what are the […]

Category iconDeeper Dive Tag iconbitcoin,  Ethereum

April 15, 2021

How Credit Cards Gained Acceptance and What That Means for Bitcoin

Credit cards may be common now, but they were once as new on the scene as Bitcoin. Let’s take a look at the credit card’s journey to mainstream acceptance to see what lessons we can apply to cryptocurrency. The First National Credit Card The credit card has many predecessors, such as Western Union’s metal plates […]

Category iconCrypto Info

April 5, 2021

Crypto And Privacy

By Guest Contributor Alec Harris Gold, guns, diamonds, bonds, cash, and Bitcoin.  If you have bearer assets, assets where custody equals ownership, then you should also be very interested in personal privacy.  Admittedly, I’m kind of a one note band, so I think everyone should be interested in personal privacy.  In the case of bearer […]

Category iconDeeper Dive Tag iconcrypto,  privacy

April 1, 2021

The 1918 Pandemic, the Current Pandemic, the Economy, and Cryptocurrency

As we see the light at the end of the COVID-19 pandemic tunnel, many of us are pondering a post-pandemic world. We have much to look forward to, such as socializing and traveling especially. But there’s also a ton of unknown territory. Among those unknowns: How will the economy fare once the worst is behind […]

Category iconCrypto Info Tag iconbitcoin,  crypto,  pandemic

March 18, 2021

Can You Flip Bitcoin?

Bitcoin’s impressive run has piqued nearly everyone’s interest–even the not-so-crypto-inclined. It went from $7,150 per bitcoin in January 2020 to an all-time high (at the time) of $23,000 by the end of the year. Bitcoin then started 2021 at just under $40,000 and recently topped $60,000. That’s roughly an 800% increase. This spike has even […]

Category iconCrypto Info

March 15, 2021

Let’s Talk About Wallets

Before we dive into the nitty gritty of crypto wallet options, let’s first define what exactly is a crypto wallet.  Simply put, crypto wallets are tools that enable users to interact with blockchain networks. Similar to that traditional leather wallet you have in your back pocket (or purse), crypto wallets allow for the safe storage […]

Category iconDeeper Dive

March 4, 2021

A Super-Quick Guide to Getting Paid in Bitcoin

Carolina Panthers offensive tackle Russell Okung made news in December when he announced that half his $13 million NFL salary will be paid in Bitcoin moving forward. On Twitter, he discussed his reasons for making this move: “I’m freeing myself from fiat. You can too.” In another tweet, he stated: “You can make ‘x’ a […]

Category iconCrypto Info

February 25, 2021

The Modern-Day Worth of Unusual Currencies

If anyone asks you how Bitcoin can have value, send them to this article. Here, we’ll cover silver dollars worth millions and banknotes worth fractions of cents. In fact, anything can be worth a little or a lot, depending on need, supply, and circumstances. Let’s dive in to learn more. Here is our list of […]

Category iconCrypto Info

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