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Bitcoin

BTC

Bitcoin

In four words or less: Digital Gold.

Bitcoin (BTC) is a new form of money that is completely digital and runs on a global network called a blockchain. Instead of being controlled by a bank or government, the Bitcoin network is decentralised, peer-to-peer and powered by its users. 

What problem does Bitcoin solve: 

Fiat or government issued currency is a poor store of value. The global financial system is inefficient and ripe for disruption. Everyone should be able to control their own money and participate in the global economy.

Properties of Bitcoin:

  • Scarce. Bitcoin has a limited supply. Only 21 million bitcoins will ever exist
  • Immutable. There is no way to counterfeit / create more of it
  • Divisible. Bitcoin is divisible to 8 decimal places or $0.0000001. A single unit is called a Satoshi. 100,000,000 Satoshi = 1 BTC
  • Frictionless. Bitcoin is digital and can be sent to anyone, anywhere in the world 
  • Decentralised. No single authority has control over Bitcoin. This makes the network very secure as there is no single point that can be attacked

Adoption and penetration:

Bitcoin is the first and best known cryptocurrency. This gives it first mover advantage and strong network effects. You can use Bitcoin to pay for goods with Microsoft, Overstock, Expedia and Virgin Galactic. Fun fact: There are an estimated 35 million millionaires in the world. There will only ever be 21 million bitcoins. This means there will never be enough bitcoins in existence for every millionaire in the world to own even a single one. While most people have heard of Bitcoin, it’s estimated that approximately 20 million people or less than 1% of the earth’s population own bitcoin. Most own very small amounts. 

Management and governance:

No single authority controls Bitcoin. A small group of developers contribute to maintaining Bitcoin’s code. No changes can be made without consensus. 

Risks and limitations:

The Bitcoin network is only capable of processing a maximum of seven transactions per second (Visa can process 24,000 per second). Bitcoin must scale to be successful. Second Layer solutions to this such as The Lightning Network are in development and show early promise. Despite being in existence for nearly ten years Bitcoin is still an emerging technology. Further development and adoption is needed to secure a potentially very bright future. 

Competition: Bitcoin Cash, Ethereum, Monero 


Website: https://bitcoin.org/en/

Whitepaper: https://bitcoin.org/bitcoin.pdf

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Tradable asset pair:
BTC
Coin Name:
Bitcoin
Coin Acronym:
BTC
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I think it may need to wait until November . Bitcoin is going to booming soon

oh what happen with bitcoin?...

El Bitcoin, como moneda virtual (que prefiero decir Criptomoneda), de ha dado a conocer en todo el mundo por el valor monetario que el mercado le ha puesto. He escuchado muchos "Bitcoin es el oro virtual", "Bitcoin te hará rico" y muchas frases de ese tipo. No estoy en contra de esas frases, porque realmente el trade con Bitcoins u otras criptomonedas puede ser muy rentable. Yo he invertido dinero de esta forma.

Pero qué pasaría con el mundo si vemos el "detrás" del Bitcoin, su tecnologia (Blockchain)?

Satoshi Nakamoto desarrollo Bitcoin con una idea, regresar el poder monetario a las personas, para que asi ya no dependieran de una autoridad central que maneje su dinero por ellos. No seria genial que en todos los aspectos seamos asi? Buscar la libertad en todos nuestros aspectos sociales?

Imagina lo siguiente: Bitcoin nos trae libertad financiera, Ethereum nos dio la herramienta de descentralización para el mundo de la tecnoligía, IOTA nos trae libertad del IOT (Internet de las cosas), Woonkly nos quiere traer libertad en la forma en que los anunciantes llegan a su objetivo, Taraxa nos quiere dar libertad sobre nuestro datos privados y tener en nuestras manos la decisión de que un tercero obtenga nuestra informacion con una remuneración economica.

Bitcoin fue el que rompio la barrera, y en estos tiempos de adopción del Blockchain todavía nos falta mucho camino para ser seres humanos completamente libres, pero al menos para mi. El Blockchain es el primer paso.

1. HARD SUPPLY CAP

2. NO ONE IS IN CONTROL

3. THE LINDY EFFECT


Por lo general ha esta hora se han llevado a cabo ventas fuertes... Es algo que lleva sucediendo varios días

Here is how it goes from now. 

Hope someone can suggest me please🙏

1 (BTC) is $7,919.62 (USD) ( -4.71%)
*Bitfinex* $7,909.8
*Bittrex* $7,905.0
*Poloniex* $7,911.46
*Coinbase* $7,910.86
*Gemini* $7,919.53

5:26 AM
Wednesday, 23 May 2018
Coordinated Universal Time (UTC)

This is the story whereby Bitcoin will say "I am your Father..."

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Romania’s oldest crypto exchange, BTCxChange declared that it is closing all its services today i.e., May 1st, 2018.  BTCxChange is the first ever crypto exchange in Roman to trade Bitcoin in an easy and fastest way.

The Notice dates on April 22 on its official website from the exchange team, informing all customers to withdraw their balances before May 1st.

Read Detail info here: BTCxChange

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The total cryptocurrency market value is now above $400 billion. In the last few weeks, more people bought in as the value went down. However, all the top three cryptocurrencies managed an under one percent increase in prices over the last week. However, confirming that other less popular cryptocurrencies are gaining popularity.


Read news here: Cryptocurrency Market

It&;s improving and is here to stay. 

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