September 19, 2020

Cryptocurrency That Is Changing The World –Bitcoin Price

Bitcoin was first seen in 2009 but it gained popularity in 2017 when its price touched at almost $20,000. Almost everyone knew about it and was attracted to it. It is a digital currency without any central or governmental body watching it. Instead, it is maintained by a group of coders. Also, it has a limited supply of 21 million bitcoin. The algorithm creates a small amount of bitcoin every hour till it reaches a number of 21 million. The factor which makes it popular is bitcoin price. Due to its price, it attracts many users.

What is bitcoin?

Bitcoin is invented by Satoshi Nakamoto who describes it as electronic cash. It is transferable internationally without the need for any middlemen. It has a dedicated open network of computers distributed all over the world.

bitcoin price

Bitcoin worth

It is very important to keep track of bitcoin price. It has seen a lot of ups and down in its 10 years of existence. In 2009 when it was started, its price was lower than $0.1. But from there it keeps increasing and touched $1 for the first time in Feb 2011 but from there it falls down. Then it took another 2 years i.e. in 2013 to reach a mark of $100. In 2017 it saw a great rise. Touched $5,000 mark and reached its all-time high at $18,000 at the end of 2017. But from there it falls again and now it is around $8,000 – $10,000.Expert says that there is a chance of increasing the price and will go higher than $20,000.

in Finance
Banner
Related Posts

Bitcoin legality Some important Points

December 10, 2019

December 10, 2019

Due to the decentralized nature of bitcoin, many skeptics have doubts about its legality. Over the years, many analyzes have...

Play the best casino game and win bitcoin as expected

October 24, 2019

October 24, 2019

Many gamblers are interested to explore everything about the games and advanced payment facilities. They have planned to join in...

Key advantages using new cryptocurrency- Bitcoin

January 19, 2020

January 19, 2020

Bitcoin has been a buzz word soon after its introduction in 2009. It is a cryptocurrency and has gained popularity...

Who created Bitcoin?

January 10, 2020

January 10, 2020

Bitcoins are digital money which is becoming famous in this contemporary world and more and more people are now making...

Online Bitcoin Casino – Bitcoin Betting Guide

August 23, 2019

August 23, 2019

At some point last year, you may have heard about Bitcoin. This digital currency is constantly in the headlines with...

Knowing What is Bitcoin Trading?

December 17, 2019

December 17, 2019

Bitcoin trade exchanging is just a straight forward forecast on how the market cost of a specific stock, file, forex...

Why BTC trading is widely preferred?

August 24, 2019

August 24, 2019

The BTC has reached the maximum attention among the people, due to many numbers of people involved in trading and...

Bitcoin – The first digital money

October 9, 2019

October 9, 2019

Bitcoin is the first crypto currency that was introduced in 2009 by pseudonymous developer in name of Satoshi Nakamoto. It...

Why Bitcoin To The Usd Exchange Rate Is So Much

December 17, 2019

December 17, 2019

The value of a currency depends on so many factors of the market such as demand and supply and the...

Current Exchange Rate Of 1 BTC To INR And The Reasons For That

November 14, 2019

November 14, 2019

In simple words, Bitcoin can be described as a digital currency that is not bound by any countries governments or...

Facts about the computer software The Lotto Gambling

April 3, 2019

April 3, 2019

Did it ever occur to you that a lottery software package could increase your chances of winning the lottery? Many...

Buy bitcoin to experience the benefits of using digital currency

September 23, 2019

September 23, 2019

Digital currency is getting its momentum among many people. People that stay updated about various things are well aware of...