Digital Portsmouth Event All About Bitcoin

Emery

PORTSMOUTH — Bitcoin, which has generated international headlines in recent months, will be the topic of discussion during the Digital Portsmouth series at The Music Hall’s historic theater on Thursday, March 20, from 5:30 to 9 p.m.

“The Bitcoin Symposium” will feature an evening of networking and presentations to be followed by an open discussion to celebrate the third anniversary of The Music Hall’s Digital Portsmouth series.

The symposium will include several micro-talk presentations about the worldwide cryptocurrency, including how it is acquired and spent and how companies can start accepting it. For people that can not attend this symposium, there is this bitcoin arbitrage app that will guide them and share all the relevant information that need for bitcoins and bitcoin trading.

Talks will also focus on the legitimacy of the new currency and significant events around Bitcoins, including the recent closure of Mt. Gox, the currency’s largest exchange, and potential market regulation of the currency.

Digital Portsmouth was launched three years ago by Monte Bohanan, director of marketing for The Music Hall, with a vision to engage digital creatives from across disciplines with face-to-face learning and networking opportunities focused around topics that excite them.

“It is great to get it out there, let people ask their questions, and talk about the good and the bad,” Bohanan said. “It does have this potential to really change how we view currency, but there is a dark underbelly possible there, and we are seeing it in recent headlines related to volatility and ease of use for people doing things they shouldn’t be.”

Bohanan said The Music Hall is committed to keeping up with current events. Digital Portsmouth events are held quarterly. Previous topics have included Web design, print, and graphic design, video, code, and open-source software.

“We’ve traditionally held these all, except one other one, in the Loft and they’ve played to a full house … just about every time,” Bohanan said. “It’s a chance for people who work in agencies or who work in tech around here to get together, network, have a cocktail, listen to some microtasks, and then have a discussion about these various topics.”

Micro-talks are short presentations, generally 10-15 minutes, that are more like TEDTalks.

The website blockchain.info is one of several event sponsors and has donated a Bitcoin, allowing Digital Portsmouth to give away cent bits at the door to the first 100 people to arrive. Bohanan said a cent bit is currently worth about $5.

The idea for the Bitcoin Symposium came from a conversation with Joshua Cyr of Alpha Loft, who pointed out that although there are many articles and a lot of news about Bitcoins, many people still don’t understand what they are or are afraid of the digital currency.

Alpha Loft also offers many educational and networking events and workshops and Cyr said he received many requests for more information on Bitcoin and how it works.

“It seemed like there were significant interest and confusion, which is a great catalyst for doing a great, educational event,” Cyr said.

He said New Hampshire has ranked high in terms of Bitcoin use. Overstock.com became the largest online retailer to accept the currency in January and a follow-up survey after the first week showed that per capita, New Hampshire had the highest amount of activity using Bitcoin, according to a map on businessinsider.com and other websites.

Cyr said he finds Bitcoin very interesting as a concept, and Alpha Loft accepts the currency as a form of payment.

He said people tend to think Bitcoin is complicated, but e-commerce in general right now is complicated, and incurs a lot of transfer fees, whereas Bitcoin does not.

It can also allow for “micro-transactions,” which traditional currency does not allow for.

He said it is still unclear whether Bitcoin will be a fad or be revolutionary.

“We don’t know, but it is certainly important to understand it,” Cyr said.

Bitcoins- How To Use And Utilize Them

Emery

Whenever you get to try out a new task that you are completely new to without any knowledge, you are completely at sea and have no idea on how to begin and proceed. The initial stages are quite rough and there are times when you feel like giving up on it when you repeatedly encounter failures.

Well, there is nothing to be ashamed of as that is the case with everybody, where the only difference is that some are quick learners while others are slow learners and take some time to grasp the basics before eventually mastering it.

However, this does not make the quick learners superior to the slow ones and both are equal in this game. As far as jobs are concerned, the times are such that irrespective of whether you are a fast or slow learner, or even talented enough, if you are the son of a reputed celebrity, be it businessman/film star/industrialist, then you’re guaranteed to get any position of your choice in any organization.

It is sad but a bitter pill to swallow and something needs to be done to control the situation before it is too late and there is no dearth as to what the future holds for the job market.

Bitcoin Revolution

Fortunately, there was a welcome oasis with the advent of the 21st century when 2009 proved to be a watershed year in the cryptocurrency market in the form of bitcoin, which quickly captivated people all over the world and became a favorite of the masses.

Bitcoin, by definition, is a decentralized currency that is not regulated by a central bank and therefore it does not have to report it to anyone, unlike other banks, so people consider it a safe haven for investments.

The bitcoin revolution has made investing and money trading far easier where not only the elite class but even people from common backgrounds can try it out without any problem.

Wallet

For beginners, bitcoins is not the easy ticket to becoming a millionaire and if you do not exercise caution, it will be considered a little more than gambling and the chances are bright that you would be reduced to penury as bitcoin prices are known to fluctuate time and time again.

People who are adept in investing bitcoins usually store them in the wallet which manages your savings and can be used at leisure by the users for further transactions and investments.

Bitcoin, or any cryptocurrency investment for that matter, is a platform where there are no shortcuts and you have to invest without thinking about the returns, which will entirely depend on the market structure.

Learn and Earn

So we are going to discuss about certain steps on how to get bitcoins and later learn on how to use them in a proper manner:

  • The easiest step is to have a face to face conversation and purchase bitcoin through direct transaction from the seller. It could be anyone from close friend to a complete stranger. Normally, crypto enthusiasts meet up at a specified place that are termed as bitcoin meetup points
  • Directly connect with a new seller on known websites like local.bitcoin.com where buyers have the liberty to purchase through various payment methods like Paypal, PayTM, transfer and others
  • Install a Bitcoin Revolution App Software which can provide you with necessary notifications about new offers in bitcoin and also connect will other users on the platform
  • You can also use a credit card to buy bitcoin at buy.bitcoin.com and  you can purchase both core and cash
  • Bitcoin ATM is another way on for investing at regular intervals as they provide easy access to the crypto world

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