Jump to content


  • Content Count

  • Joined

  • Last visited

  1. What did people use for trading before money was invented? Find out how the first coins were created, why paper money was first introduced and all the discoveries and social changes that led to our current monetary system. Before money people used bartered goods as payment; for example, animal hides and teeth. Livestock was the most valuable commodity. Shells were also used; snail shells were very popular in China. Other goods used for payment were tools, beads, salt, crops, weapons and tobacco. The first standardized coins were created in what is now western Turkey by King Alyattes around 7th century B.C. They were made of electrum, a naturally occurring amalgam of gold and silver. In Rome, coins were minted near the temple of the goddess Juno Moneta, which gave us the words "mint" and "money". Offa, an Anglo-Saxon king, introduced the first English coin known as the penny around 790 A.D. Because of a copper shortage, China introduced the world’s first paper money in the 9th century - 700 years before Europe did so. In the 1500s the St. Joachimsthal mine in what is now the Czech Republic introduced large silver coins called thaler. The Spanish version of the thaler became the first worldwide currency. The English called it the dollar, and the U.S. dollar was based on it. Modern Money. The first U.S. government-backed paper bills were introduced during the Civil War. The term "greenback" comes from the intricate designs on these bills, meant to prevent counterfeiting. The largest bill in history was the 1946 Hungarian 100 million Pengo; the name was spelled out on the bills since so many zeroes couldn’t fit on the banknote, but it was only worth $0.25! The $100,000 1934 Gold Certificate was the largest bill ever made in the U.S. It was used for Federal Reserve transactions and not released to the public. The largest coin ever minted was in Australia in 2011 weighs about a ton. A U.S. nickel weighs just 5 grams—roughly as much as a hummingbird. As of 2018, there are 180 different currencies used around the world. Bitcoin, invented in 2009 by the pseudonymous Satoshi Nakamoto, became the gold standard--so to speak--for virtual currencies. Virtual currencies have no physical coinage. The appeal of virtual currency is it offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. Despite many advances, money still has a very real and permanent effect on how we do business today.
  2. Hi Akmal1984, you can claim 1 time per hour, the amount of satoshis for each claim ranges from 1 to 1000 satoshis. And remeber - you can always exchange your e-currency finding the best rate at www.bestchange.com. See you there!
  3. Once your balance is 3000 satoshi, the withdrawl buttom will appear. Enjoy!
  4. This is a message for all e-currency traders on this wonderful forum! If you like to trade e-currencies, exchanging one e-currency for another, you have already found a great new, dynamic form of investment. If you are still just weighing up your options, waiting to learn more before you commit to trade in this market, we would also like to congratulate you on having come this far. There can be little doubt that this is one of the great opportunities to earn considerable profits in the future. Even though e-currency exchanging offers rich possibilities for earning major profits, it is not without challenges. Good chances for making real money seldom are. When it comes to trading in e-currencies, the big hurdle tends to be finding the best rates. There are many competing e-currency exchangers out there. They often offer wildly different rates. So, your big challenge becomes how to find the best rates on the exchange you wish to make. This is essential. Big money can be made or lost, depending on finding the optimal rate. The solution is not to simply visit all the different exchangers out there to check for yourself. There are so many of them, this task would eat up all of your time. No, what is needed is a one-stop shop. One service where you can compare rates from all the leading exchangers in one place. The great news is that such a place exists. It’s called www.BestChange.com, and has been up and running since 2007. By visiting BestChange.com you follow in the footsteps of millions of traders who have already taken advantage of the great service on offer. Using BestChange.com could not be any more straight-forward. Here’s a quick guide: 1. Visit the BestChange.com website 2. Select the e-currency you want to exchange into another currency 3. Select the e-currency you would like to convert into 4. A list of current quotes appears on the screen with the best ones on top That is all you need to do. Now you simply compare the rates, and choose the one that tempts you the most. The whole procedure is done and dusted in only a few minutes. You are saving time at the same time as you’re finding the best rates for your trades. It’s also worth noting that BestChange.com offers additional benefits too. Such as good reviews, up-to-date market info, and an experienced team of experts who can help with your questions.