PETER HAMMOND

PETER HAMMOND How significant is it that bitcoins price surpassed $30k today?   BAM Many factors come into play as we analyze the significance of Bitcoin surpassing $30,000.  The following is our opinion and observation. There is no clear or single answer to why the price/demand is increasing.  Bitcoin is…
Read More

DONNA HEAVEY

DONNA HEAVEY What is the process of “mining” in the context of Bitcoin, and how does it contribute to the security of the Bitcoin network? BAM  In the context of Bitcoin, “mining” is the process by which new transactions are verified and added to the blockchain, which is the public…
Read More

SAM TOBIAS

SAM TOBIAS How does a person buy bitcoin from 401K without incurring tax penalties. BAM If you’re considering purchasing Bitcoin within an IRA, Bam suggests two reputable Bitcoin-only platforms: Swan Bitcoin and Unchained Capital. Both platforms specialize in providing IRA products that Bam uses for various Bitcoin-related services.  However, conducting…
Read More

RUNAJAM

Do you recommend Coinbase and Coinbase wallet for my Bitcoin purchases  RUNAJAM I am interested in buying crypto. How do I know which ones are worth investing in? I’ve heard some people tell me that Bitcoin is the only one that matters, why?   BAM At Bitcoin Bam, our mission is…
Read More

THOMAS BLECHSCHMIDT

ASK BITCOIN RELATED QUESTIONS THOMAS BLECHSCHMIDT Do you recommend Coinbase and Coinbase wallet for my Bitcoin purchases  BAM 23 Jan 2024 Coinbase is a publicly traded company that has pioneered the Cryptocurrency space. Some of the biggest financial firms offering Bitcoin ETFs use Coinbase to custody their Bitcoin. Namely, the…
Read More