December 2017 – The Value 🏆 Digital World

Gold Ounce

25/12/201707/02/2022 admin

The ounce (abbreviated oz; apothecary symbol: ℥) is a unit of mass used in most British derived customary systems of measurement. The common avoirdupois ounce (approximately 28.3 g) is 1⁄16 of a common avoirdupois pound; this is the United States customary and British imperial ounce. It is primarily used in the United States to measure packaged foods and food portions, postal items, areal density of fabric and paper, boxing gloves, and so on; but sometimes also elsewhere in the Anglosphere. Besides the common ounce, several other ounces are in current…

Gold Investment

25/12/201707/02/2022 admin

Gold as an investment Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has the most effective safe haven and hedging properties across a number of countries. Gold price Gold has been used throughout history as money and has been a relative standard for currency…

Most Common Passwords of 2017

22/12/201707/02/2022 admin

Most Common Passwords of 2017 SplashData has published its annual list of the worst passwords of the year and with a quick glance one thing is clear: we never learn. Oh, and there are a lot Star Wars fans out there. The list is created using data from more than five million passwords that were leaked by hackers in 2017. As SplashData notes, the past two years have been particularly devastating for data security, with a number of well-publicized hacks (Equifax, Dropbox, and the SEC to name a few), attacks,…

Why Bitcoin And Cryptocurrency Prices Dropped So Low

22/12/201707/02/2022 admin

6 Possible Explanations Why Bitcoin And Cryptocurrency Prices Dropped So Low 22nd December Bitcoin’s rapid descent gathered pace on Friday as the cryptocurrency crashed below $11,000. Bitcoin’s price has fallen more than 40 per cent from its record high of nearly $20,000 (£14,950) set at the start of the week. The price of the digital currency fell as low as $10,891 on Friday afternoon, according to CoinDesk’s Bitcoin Price Index. It has been a volatile month for the cryptocurrency which has surged in value from under $1,000 at the start…

Japan’s GMO Internet to Roll Out Bitcoin Payroll System

21/12/201707/02/2022 admin

Japan’s GMO Internet to Roll Out Bitcoin Payroll System Japanese web giant GMO Internet Group revealed yesterday that it soon allow staff to receive some of their salary in bitcoin. GMO plans to start rolling out the system from February 2018 within GMO Internet Co., Ltd, with a gradual expansion across the entire group and its over 4,000 employees to follow. The company states: “The GMO Internet Group will contribute to the development of virtual currencies in the world by promoting efforts related to virtual currency throughout the group.” GMO…

Top 15 Most Expensive Currencies of the World – December 2017

18/12/201707/02/2022 admin

Top 15 Most Expensive Currencies of the World – December 2017 When you hear the phrase Top 15 Most Expensive Currencies of the world, the first currency that comes to your mind is US Dollar. But US Dollar or Euro or GBP are no longer among the Top 15 Most Expensive Currencies of the world. Let us find out which is the most expensive currency in the world. And you will be surprised to note: most of the currencies in this list are not of Western Business powerhouses but relatively…

Bitcoin: A Peer-to-Peer Electronic Cash System

17/12/201707/02/2022 admin

Bitcoin: A Peer-to-Peer Electronic Cash System Abstract A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed…

How Can I Buy Bitcoins?

16/12/201707/02/2022 admin

How Can I Buy Bitcoins? The most common way to buy the currency is to download a broker app such as Coinbase and Blockchain. These allow users to use a credit or debit card to exchange pounds for Bitcoin. Users do not have to buy whole Bitcoins and can purchase a small percentage that matches the value of their cash investment. Once a request has been made, online “miners” will decide whether to approve the transaction. If approved, the money will be taken from a user’s account in exchange for…

Diamond

14/12/201724/02/2024 admin

What Is A Diamond? The word Diamond comes from the Greek word Adamas, which means indestructible. It is the only gem known to man that is made of a single element, Carbon, besides graphite. Diamond is completely made of Carbon atoms (Chemical Composition – C) crystallized in a cubic (isometric) arrangement. How and where are diamonds formed? Diamonds form between 120-200 kilometers or 75-120 miles below the earth’s surface. According to geologists the first delivery of diamonds was somewhere around 2.5 billion years ago and the most recent was 45…

Gold

14/12/201707/02/2022 admin

Gold is a chemical element with symbol Au (from Latin: aurum) and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the native element silver…

Euro

13/12/201707/02/2022 admin

The euro (sign: €; code: EUR) is the official currency of the European Union. Currently 19 of 28 member states use the euro (eurozone). It is the second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents (defined as eurocent). The currency is also officially used by the institutions of the European Union and four other European countries, as well as unilaterally by two others, and is consequently used daily by some 337 million Europeans as of 2015. Outside…

United States dollar $ USD

13/12/201707/02/2022 admin

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution. For most practical purposes, it is divided into 100 smaller cent (¢) units, but officially it can be divided into 1000 mills (₥). The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of…