Thursday, May 30, 2013

The Bitcoin Blueprint Review

The Bitcoin Blueprint is a new product that aims to teach Bitcoin newbies how to earn money with Bitcoins. It covers everything from start to finish, and really is altogether a wonderful and easy to follow system. The guys who wrote the courses are well known marketers and Bitcoin miners, and really know their stuff when it comes squeezing every bit of money they can out of a project.

Before I go ahead with my "Bitcoin Blueprint Review", I'd like to take a few minutes to explain what Bitcoins actually are.

Bitcoins Explained

The Bitcoin Blueprint does a fantastic job explaining the ins and outs of Bitcoins. In fact, I even learned a few new facts about bitcoins that I didn't already know, and I've been keeping up with them for years! Anyway, I'll try to briefly explain what bitcoins are.

The official Bitcoin website says:
"Bitcoin uses peer-to-peer technology to operate with no central authority; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment systems."
Basically, it's an electronic currency that isn't managed by anyone in particular. Every single bitcoin user helps make the network more secure. It's hard to get the concept without going into depth about cryptography, so we'll just leave it at that for now.

The Bitcoin Blueprint Review

There are several ways to make money with Bitcoins. One of the more popular ways is called "bitcoin mining". It isn't as profitable as it was a few years ago , but it is still possible to make an income this way. Basically, you let your computer solve complex math problems in exchange for money. The Bitcoin Blueprint explains how to get the most "bang for your buck" when mining Bitcoins, and I have to say, it did a great job.

You can also make money with bitcoins much the same way that stock traders make money - buying low and selling high. The volatility, or fluctuation, of the bitcoin market can be both good and bad, so you need to know what you are doing if you want to risk money speculating. Luckily, The Bitcoin Blueprint covers speculation too!

All in all, I give The Bitcoin Blueprint 5/5 Stars.

If you are interested in Bitcoins, then I highly recommend The Bitcoin Blueprint.