BITCOIN PRICES

Bitcoin prices

Do you want to know tha latest Bitcoin prices?

In this page you will find the latest Bitcoin and altcoin prices, updated constantly.

But first do you know what is Bitcoin? Let’s make it simple!

What is Bitcoin?

Bitcoin () is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.[

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. It was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies,[ products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

This digital coin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble.[ It has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

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If you are willing to learn how to trade Bitcoin or other cryptocurrencies, check out the guide I made Poloniex Exchange – How to trade Bitcoin and other crypto.


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