what is bitcoin?

in #bitcoin6 years ago

bitcoin?
what-is-bitcoin.jpg
six months ago everyone is interest in bitcoin and now no one know why people fear about bitcoin?
this is clear every one can say no one want new technologies but every one wants be be a rich guy what bitcoin make six months beck. only money doubling and increasing capital in days is not a aim for bitcoin. this has more and more benefits what people wants actually to get rid of money loss or something else.
let's understand what actually bitcoin is?
BITCOIN is a digital currency created in 2009 by a mysterious figure using the alias (Satoshi Nakamoto). It can be used to buy or sell items from people and companies that accept BITCOIN as payment, but it differs in several key ways from traditional currencies.
Transactions are made with no middle men meaning, no banks!

Each bitcoin (1 BTC) can have a fractional part of up to 8 digits so one bitcoin can be divided into 100000000 units. Each of these bitcoin units (0.00000001 BTC) is called a satoshi.

Sort:  

any one know actual reason bitcoin losing there value?

google it barakzebadiah99 it will help you into get more clarity....lol

Congratulations @barakzebadiah99! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @barakzebadiah99! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 65248.25
ETH 3471.40
USDT 1.00
SBD 2.51