Bitcoin

7505.28$

0.09%
1H Change
17.72%
1D Change
1.15%
1W Change
3494250000.0 $
Volume, 24h
128821841775 $
Market cap
17164162.0 $
Available supply
Bitcoin was presented to the world in 2009 and in 2017 it remains the primary cryptocurrency of the world
How is Bitcoin different from regular money?

Limited emission

The total number of Bitcoins that can be mined is 21M. More than 16M Bitcoin are in circulation right now. The more popular it gets, the more expensive.

Worldwide currency

No government has control over Bitcoin. It’s based on mathematics only

Anonymity

You can use your Bitcoins anytime and in any amount. This is a true finding as opposed to transferring money from your bank account, when you need to explain the destination of payment as well as the origin of the funds.

Speed

Your bank will take time to transfer money, especially when it comes to large values. With Bitcoin, the send-and-receive routine will take seconds.

Transparency

All Bitcoin transactions can be seen at BlockChain.
Being the firstborn currency of its kind, it managed to change the vision of money as we knew it. By now, Bitcoin market cap reaches more than $70 billion, which surpasses such giants as Tesla, General Motors, and FedEx
What is a digital currency or cryptocurrency?
Cryptocurrency is a digital asset, that works as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. It has no physical form and is decentralized as opposed to the usual banking systems
How does Bitcoin transaction occur?
Each transaction has 3 dimensions: Input – the origin of Bitcoin used in the transaction. It tells us where the current owner got it. Amount – the number of “coins” used. Output – the address of the recipient of the money.
Where did Bitcoin come from?
Although the world is familiar with the name of the creator of Bitcoin, “Satoshi Nakamoto” is most likely an alias for a programmer or even a group of such. Basically, Bitcoin comes from 31,000 lines of code created by “Satoshi” and is controlled only by software.
How does Bitcoin work?
Transactions occur between Bitcoin wallets and are transparent. In the blockchain, anyone can check the origin and life cycle for every “coin”. However, there is no “coin”. Bitcoin has no physical form and it has no virtual form, only history of transactions.
What is a Bitcoin wallet?
A Bitcoin wallet is a program that allows you to manage Bitcoin: receive and send them, check balance and Bitcoin rate. Although there is no “coin” in such wallets, it contains digital keys, used to access public Bitcoin addresses and “sign” transactions. Popular wallets: TREZOR, Ledger, Blockchain.info, Coinbase.
The brief history of Bitcoin
According to the legend, this is when Satoshi Nakamoto starts his work on Bitcoin
First transaction made in Bitcoin. Bitcoin value, based on the cost of electricity used to generate Bitcoin, is set at 1 USD for 1.306.03 BTC
25% of all Bitcoins are already generated
Dell and Windows begin to accept Bitcoin
BTC price increases from 1,402 USD to 19,209 USD in a few months.
Bitcoin rate reaches 20,000 USD per coin on the 18th of December 2017
Тhe registration of the bitcoin.org
A truly historical moment, when 10,000 BTC is used to indirectly buy 2 pizzas. Today you can buy 2,500 pepperoni pizzas for the same amount.
Bitcoin price shoots up from 0.008 USD to 0.08 USD for 1 BTC in just 5 days.
First mobile transaction occurs
U.S. Treasury classifies BTC as a convertible decentralized virtual currency.
The first Bitcoin ATM found in San Diego, California.
Bitcoin price doubles and reaches 503.10 USD. It grows to 1,000 USD the same month
U.S. federal judge rules out that BTC are “funds within the plain meaning of that term”