Bitcoin is a crypto currency .
It is a decentralized digital currency without a central bank or single administrator,though some researchers point at a trend towards centralization.
Bitcoins can be sent from user to user on the peer-to-peer bitcoin network directly, without the need for intermediaries, though intermediaries are widely used.Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009.
Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain. Bitcoins are created as a reward for a process known as mining.
They can be exchanged for other currencies,products, and services.
Bitcoin 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.Several regulatory agencies have issued investor alerts about bitcoin.
Recently you can see price of bitcoin.
It ranks first in all cryptocurrency
The bitcoin price bull run over the last month, which saw it climb from around $6,300 to highs of $8,400 may be it could be over.
Falling well below the psychological $8,000 mark as traders and investors fret over coming tax crackdowns and blockchain-based applications being adopted by the traditional financial institutions.
Bitcoin hit lows of $7,675 at pixel time, down from daily highs of $8,168, according to CoinDesk data.
Meanwhile, other cryptocurrencies are suffering — and many of them haven't had quite the bull run bitcoin has over recent weeks to cushion the fall.
And hear is video About bitcoin and some altcoins which i had uploaded on 23-07-2018 need to watch but its in hindi
As you know bitcoin is growing day by day and we don't know what will be the price in upcoming days for bitcoin and other altcoins,
But in this video i had explained bitcoin and other altcoins past market and now in current is what we choose to do our best to see which altcoin will be suitable for us.
Next I had spoke about bitcoin miner
Hear is the mining link
Whenever you are using your computer or laptop you can open this crypto tab in your google chrome browser it will start atomatically mining,from which u can get good amount of bitcoin,it's trusted and genuine website.
Hope you enjoy this video like,share and subscribe.
https://goo.gl/bdTocu
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DISCLAIMER: I am not a financial adviser nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
@cryp2o, while Bitcoin has been successful, perhaps better advice for steemians would be to focus on lesser coins. With a few on the long-term