Bitcoin 10th year " OCOTBER 30, 2018 "

in #cryptocurrency6 years ago (edited)

Mark your calendar on this date " OCOTBER 30, 2018 "

Recently while I am reading some news updates related with cryptocurrency. One of the trending topic catches my attention, that talks about the 10th anniversary of Bitcoin.

A little story telling about Bitcoin

According to the crypto history, the creator of Bitcoin are Satoshi Nakamoto and other unknown individuals. That was 2008 and officially released in public in 2009. It was the first virtual currency with decentralize system that can be transacted or transferred from peer to peer.

Bitcoin is a medium of exchange where every transactions are listed, recorded, stored by a ledger called " Blockchain " .This ledger track all the information related with transferring of value. Means Bitcoin have disadvantages where this virtual money can be used for illegal purposes like buying weapons, drugs and others risks potential issues.

However, Bitcoin have advantages to address concerns regarding with the convenience with the transferring of assets which is fast and reliable.

Bitcoin is now on the top amongst other crypto currency, even though this year graph shows it's fluctuating value.

What to expect this Year?

This coming October 30, 2018 is one the most awaited date this year for those investors who believed in crypto currency. There are speculations that Bitcoin will strike moving upward, because of new potential investors coming from different places around the globe.

bit.jpg
source : https://pixabay.com/en/bitcoin-cryptocurrency-digital-2007769/

But these speculations remains a rumor unless the graph shows new figures. I knows all of us hoping that Bitcoin will move again together with other alternative coins specially " STEEM/STEEM DOLLARS " .

" As a small investor in Crypto world what I can suggest, always prepare yourselves from sudden failures. The risks of investing is very high you might win, lose and worst you will be victim by scammers. "

Remember this golden rule : Invest to what you can afford to lose

satoshi.jpg
image source : https://pixabay.com/en/businessman-manager-money-bitcoin-3124113/

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