Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008.
Bitcoin is a decentralized system. There is no central authority or middleman.
You can send and receive bitcoins without anyone knowing your identity. All transactions are recorded on a public ledger, called the blockchain.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.
NOTE: WARNING: Investing in Bitcoin stocks is highly speculative and carries a high degree of risk. Please do your own research and consult with a financial advisor before making any investment decisions. Investing in Bitcoin stocks can lead to large losses, so please be aware of the risks before investing.
As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases.
When demand decreases, the price decreases. The price of a bitcoin can fluctuate wildly.
As of June 2017, one bitcoin was worth over $2,700.
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Bitcoin Gold is a fork of the Bitcoin blockchain that occurred on October 24, 2017. The new blockchain created a new cryptocurrency, Bitcoin Gold (BTG), that can be mined with GPUs. BTG is currently worth $174.62 USD.
Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin. Over the course of bitcoin’s history, it has undergone rapid growth to become a significant currency both on- and offline.
Bitcoin 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. Bitcoin is unique in that there are a finite number of them: 21 million.
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.
Bitcoin 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. Bitcoin is unique in that there are a finite number of them: 21 million.
