ir year, the price even reached the level of $ 1,200 in early December Today we will try to explain what is bitcoin, what is its purpose, why the price can rise to almost 10000% in 1 year and how the prospect in the future. WHAT IS BITCOIN ?! This first question is sure to come up for those of you who have not had time to explore about bitcoin. To understand what a bitcoin is you can watch a video made by the official bitcoin website. If you have not understood it, try watching it 1-2 times again, we ourselves have to watch repeatedly to understand what exactly bitcoin is. Simply put, bitcoin is a digital currency that can be used in online transactions, which have some 'advantages' over conventional currency, among others not regulated by central banks, the process of sending from one account to another does not need to go through the bank, no need reported to any party, and no need to pay taxes, because the circulation has not been regulated by the government in any country. Bitcoin can facilitate us to transact online without getting exposed to various fees and taxes as it happens today. I do not know your opinion, but first impressions I see these advantages, I immediately predict that bitcoin is a means of money laundering that is very promising. But as we saw in the video above bitcoin also turned out to be used to make purchases from electronic goods to food, so 'as if' is not much different from ordinary money