Investment in bitcoin whether it pays off ? Analysis !

in #community7 years ago

To say something about bitcoin you must first know what it is !
As wikipedia says bitcoin this "Bitcoin is a cryptocurrency and worldwide payment system.[8]:3 It is the first decentralized digital currency, as the system works without a central bank or single administrator.[8]:1[9] The network is peer-to-peer and transactions take place between users directly through the use of cryptography, without an intermediary.[8]:4 These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto[10] and released as open-source software in 2009."
One bitcoin currently is worth 15,000$
In 2010 one bitcoin he was worth 0,63$
In 2011 one bitcoin he was worth 30$
In 2012 one bitcoin he was worth 250$
In 2013 one bitcoin he was worth 1000$
bitcoin-1511954484.jpg
in Norway, only 6% people use cash
In Korea until 2020, they are to give up cash transactions completely !!!
cryptocurrencies are the most popular
ethereum
bitcoin cash
ripple
litecoin
IOTA
cardano
dash
NEM
monero
bitcoin gold
Is it profitable to invest in bitcoin?
if you have 15,000$ then yes
*I do not bear the consequences for any losses !!!
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