Sometimes, the confirmation of a Bitcoin transaction can take up to 90 minutes, which is unbearable to some people who believed in Bitcoin's instant communications. The speed of each confirmation depends on the fee the use pay and how...

Bitcoin transactions can be made instantly, but the "Confirmation" within the blocks could take a little bit of time. If you have already made some transactions of Bitcoin, you may have noticed that the confirmation isn't necessarily ...

The "confirmation" must be made for Bitcoin transactions, to prevent "double-spending" of the currency. The Confirmation will be made within the network, and once your transaction gets confirmed, it will be included in one block and m...

Since the creation of Bitcoin, many developers have been inspired and used Bitcoin's fundamental protocol to create their own Cryptocurrencies. Bitcoin's protocol is open to public and anyone can access to it. Some of them have new...

Yes, there can be. It is because Bitcoin's fundamental protocol cannot be changed but new Cryptocurrencies made by some developers could have significant improvements on the base and provide much better service and features for users....

We don't know the exact date yet, but the mining of Bitcoin will continue for more decades in the future. Until 21 million Bitcoins will be issued, Bitcoin miners should be able to continue their work and dedication for the Crypto-mar...

The high volatility within Bitcoin market price is due to its small scale of market. As it is still small in terms of volume, relatively small transactions and news can even affect the market price and move them dramatically. But i...

Bitcoin mining will eventually finish when 21 million Bitcoins are created. No Bitcoin will be created after that. At the same time, Bitcoins can be lost on the web forever in case the owner loses the access to it. Thus this means the...

A Ponzi scheme is a fraudulent investment operation that pays rewards to its investors from their own money, or the money paid by its subsequent investors. Any financial markets can be involved in such activity, and it is the same for...

Yes Bitcoin's market price can go to Zero and be worthless, but as a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. For any currencies, there is always potential for technical failur...