What is Bitcoin?
Bitcoin is a form of money what we call "digital currency". You can transfer, you can even you can buy a house right now. None of the bank can control this bitcoin. We are living in 21th century it is a bit weird that we need to carry paper money, so as you guess digital currencies like Bitcoins aren’t printed, like dollars or euros .
Bitcoins are produced by people , it has an algorithm, when this algorithm software solves mathematical problems as a reward creates a bitcoin. Bitcoin miners can use computers all around the world. Bitcoin is the first example of a growing category of money known as cryptocurrency. Bitcoin is the most popular cryptocurrency in the world. By the time bitcoin just created another sub coins called as Bitcoingold and Bitcoincash.
Who created Bitcoin?
The first bitcoin created by software developer called Satoshi Nakamoto. Stoshi created first Bitcoin as an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.
Still there is not enough information about who is real Satoshi Nakamoto, it has been used as a nickname after he started the first Bitcoin transaction he never replied the mails anymore.
How to buy Bitcoin?
In order to buy a Bitcoin you need a wallet. As i told you that none of the cryptocurrencies are printed. You need to download the application it will stay on your dektop or mobile device. I am currently using Blockchain and satisfied with it.
After creating a wallet , you can buy bitcoin from bitcoin community people joining forums , you can buy it from bitcoin exchanges or you can buy bitcoin from bitcoin atms which become very popular last days.
What is Bitcoin Stock?
Bitcoin started to trade on CME , the world's largest futures exchange, launched its own bitcoin futures contract 10.12.2017 under the name of "BTC."
What effects Bitcoin Prices?
Bitcoin is an asset which is trading in the CME as well. Like all the assets bitcoin prices changes with Supply and Demand.
Bitcoin Price is Bubble?
As we told before right now Bitcoin is trading in CME and like all the other assets if there are more buyers than sellers Bitcoin price will go up. These days it is becoming more popular, people who never traded in the stock market before are trying to buy a Bitcoin there is only one reason behind it, people wants to become rich in short time and Bitcoin gives this dream to everyone. Nobody can know until what price it can go up but in a day when it will not be as popular as it is can go down by 50%.
How can i check Bitcoin Exchange Rate?
There are lots of bitcoin exchange websites, when you are looking for a bitcoin exchange company
What is Bitcoin Mining?
Bitcoins are produced by people , it has an algorithm when this algorithm software solves mathematical problems as a reward creates a bitcoin. Bitcoin miners can use computers all around the world.
How can i mine bitcoin?
I am working with bitcoin.com. It is safe and secure. I advise you to use that. You can click the link and create a bitcoin mine account.
All you need is computer and internet connection.
how to get bitcoins
bitcoin exchange rate