New to Bitcoin? What's it all about?
Everyone is taking about Cryptocurrency these days. And Bitcoin is all the Rage.
What is Bitcoin ?
Bitcoin is a decentralised cryptocurrency which means there is no central authority which manages your funds if you have this coin in your wallet.
Bitcoin is a digital cyptocurrency which runs on a Peer to Peer Network where users can connect a computer or any internet device in order to execute and monitor transactions within the network.
The Bitcoin transactions are stored on a distributed ledger called the blockchain which is updated in real time.
Bitcoin is represented by the ticker BTC can currently be traded for any currency or commodity on the stock market.
At the current time, 1 BTC is trading at 43, 751 $. 1 BTC is trading at 38,385
Euro.
