If someone considers Bitcoin to be a very risky stock or a share, then he can not be blamed at all. Almost all of them are taxis and fraud, the coins that the Aamir today, tomorrow can make him a fakir. Such incidents are often heard and spreading in public. The risk is not wrong.
People of Bitcoin also accept the matter. Bitcoin must be one of the most inventive, block-chain technology, based on which the first 'crypto-coin' was created. Bitcoin is a software that is safe. Experts agree, the block chain technology at the root of Bitcoin is very reliable. Banks, financial institutions should also use block chain technology.

Recently, the incredible price explosion of Bitcoin shocked everyone. Nobody can take a walk on this. Bitcoin futures are allowed to be sold at the Chicago Exchange. Merrill Lynch, bank of the United States and many other institutions say, this is not bubble. There are definitely reasons behind this increase. The reason is too deep. As much economic, more technical and scientific than Already block chains have been accepted as a new potential technology.

Efforts to discover crypto coins have been going on for a long time. It is possible to discover such a coin from signaling or cryptography, that researchers knew in the 1980s. But they failed to solve a few problems. In 2008, an unknown researcher correctly solved those problems and sent a research paper to the Internet forum.
Wonderfully his solution is useful. His name is Block Chain. Based on it, the first crypt coin is invented, whose name is Bitakayne. Due to its sky-high price and rising, it is currently considered as an asset for many people who do not believe in currency.
Later, many more crypto coins were invented - such as Etherium, Ripol, Light Coins etc. But Bitcoin was the first crypto currency and was able to attract the attention of many researchers and investors as it was ahead of other coins. But another crypto coin can make Bitcoin completely bankrupt, that is a big risk factor for investing. No one can say who else will go forward. Now there are few hundred cryptoscins in the market again and of course there will be many more new currencies imported.
Many people ask, what is this currency look like? There is no real existance of this currency. This is a computer software. In many pictures, the English alphabet 'B' is written in the upper right-hand side of the film, it is imaginary. Even those memories are found. That's not a bitcoin.

What is the need for bitcoin or crypto currency?

As society and life are progressing, with the advancement of science, economic development is also progressing. There has been a lot of evolution of currency names. From gold, silver or silver coins, it has turned into paper currency. Improved technology is being used to prevent duplicity. Then El Credit Card, Debit Card With that the economic exchange became easier. These can be called 'digital currency'. But the most incredible progress has been the crypto currency. Let's outline some of these characters.

1. There is no government or organization. A large number of people around the world are circulating this currency through a secure network. No one is a policymaker, everyone is equal, just a network node. Directly to the seller from the buyer, without any mediation, the currency will be safe and sure. There is no central form of this currency, it has been completely decentralized here. It is called a direct peer-to-peer network.

2. Bitcoin can buy someone from Ghana for a moment by sending coins in China. There is no issue with any bank, no currency exchange rates matter. This is the currency design that is not an intermediate company.

3. This currency could swiftly move from one country to another. Bitcoin can take maximum 10 minutes. But some other crypto coins may change hands in less time. But in the current currency transfer system, it took a few days to go from one country to another.

4. It takes a nominal fee to send one of these coins from one to another. It is not dependent on the amount of money sent again. The same fee to send a bitcoin and one lakh bitcovers. Current money transfers cost a lot.

5. The crypto currency transaction can not be netted. Once transferred, it can not be withdrawn or modified in any way. In many countries of the world, thousands of machines are recording it. This transaction is irreversible.

6. There is no inflation in the crypto currency. The number of these coins is predefined, so it can not be printed more like money. Different countries are secretly trying to increase purchasing power in the international market by publishing their coins more or more in secret, resulting in currency wars. It is absolutely impossible in crypto currency. The maximum number of Bitcoin has been fixed at 2.1 crores.

Bitcoin is worth so much?

There are several reasons for the increase in the price of Bitcoin. These include-

1. It is believed that in the near future, people worldwide will use crypto coins. It can be interpreted in such a way that if someone used to say 20 years ago, everyone would use mobile phones around the world, it might not have been very believable. Many people think that this is happening here.

2. Bitcoin numbers are limited. So there is nothing to be surprised about the price of a bitcoin. Because, all the resources of the world will be bought with limited bitcoin, so the price of each will be gogunchumbi.

What can be bought with Bitcoin?

Bitcoin can now be bought a lot. For example, overstock.com, any product can be purchased by Bitcoin. Many such business entities are currently taking Bitcoin as currency. It is being assumed that, instead of using credit card for money, Bitcoin or any other symbols will be used instead of money and credit cards in the future.

Why its price is so unstable?

Bitcoin price increases for all the possibilities mentioned. Suddenly, if any fraud or fraud is detected, its price decreases. Again, if any country is declared illegal, or if a country is in favor of this currency, the prices will get reduced or increased momentarily. The price is very much a psychological phenomenon of people. Then there are other sign currency positions.If news, Etherium or Ripple will be future coin, then Bitcoin will be reduced. Bitcoin prices rise due to these reasons. In this case, the profiteer big crocodile investor can suddenly make a lot of investment, increase the price of Bitcoin, and suddenly bring all the money to collapse.

What is a block chain?

Block Chain is a technology, based on which the Bitcoin and other crypto coins are originally discovered. Each transaction is in this block chain. This is called Public Ledger, Bangla is open to the Khatian. It is open to everyone. If a transaction is ripe and open to open Khatian, then the majority of the block chain networks will have to agree to the node (computer or special type of computer machine). This consent has an algorithm (Concentration Algorithm).
Finally a complex mathematical problem is solved, which is called Proof of Work. Those who do it say miner's. The first one to solve is the winner, he can get Bitcoin as a prize. Earlier it was 25 bitkayen, now 12.5 bitakayena. It will be halfway in a few days, and also a protocol for block chain technology. Miners are again voting to agree. Many minarets are working.That is why the crypto currency transaction can not be fraud or wrong. Anyone in the world can buy a very powerful reliable computer or machine and join the network to become a miner, even earn some money. The chances of this block chain technology are immense. For example, if block chain technology is used by the ownership of land and land, it would be impossible to fake the ownership or document. As it is open, everyone will know who owns a place.

What's the future?

It is believed that the crypto currency is the future coin. Information technology experts have already started working with the block chains in its mills. The way the internet changed the world, the way the mobile phone is spreading from home to villageganganj, it will also spread. But what a coin? Bitcoin, Ripoll, Light Coin, Etherium, or Muffies Coins? It's hard to tell. No one knows.But sit on one or the crypto currency seat. The dollar will slowly rise, the euro will rise, the money will rise one day. People can not go to the bank, everyone has crypto currency wallet, on computer or mobile. Many people say that this account will not be compared to just the bank account. Each of them has a bank. The bank's rules, fees, all those people will determine. And this currency is not the country's boundaries.