Norwegian Dreamer Christopher Coach had a long dream to buy a luxurious home. In a strange way, his dream has been successful. The coach has succeeded in investing only 24 US dollars. The 29-year-old engineer Christopher Coach bought four thousand years ago for five thousand Bitcoins worth $ 24. The price of the 14-bit Bitcoin has increased in the last four years to six million ninety thousand dollars. But what is this bitcoin? It is the digital media of online transactions in the customer from an independent customer. Bitcoin is the name of the currency traded in the open source cryptographic protocol. No financial institution, regulatory organization is required for this virtual currency transaction.
Lucky Christopher Coach said that Bitcoin was bought by spending $ 24 a year in 2009, under the leadership of Nehat Hobby. Then he forgot about it. Suddenly, the price of Bitcoin has risen to a few days, and he remembers the old property, But he forgot the old password four years ago. When he thinks of a password after trying his whole day, he should have a finger swelling.
Bitcoin is fast becoming popular
Bitcoin circulation is increasing rapidly in different countries of the world. Recently three young entrepreneurs in Vancouver, Canada, launched the first ATM booth to facilitate trading in bitcoin on Tuesday. Market analysts say that due to the establishment of Bitcoin based auto counting (ATM) a new dimension has been added.
It is believed that it will take Bitcoin further to establish it as a currency. As the world's first country, Germany has declared Bitcoin as a personal currency or a 'private currency' this year. Bitcoin is now widely known in San Francisco, Berlin and Argentina. Online companies are also starting to use virtual currency. The US and Canada governments are also thinking of bringing Bitcoin customers under the control of drug, smuggling, illegal arms trade and other illegal uses.
Bitcoin is known-unknown
There is no problem in the bitcoin, even if there is a certain amount of money in the transaction through MasterCard, Viscard or any other. Bitcoin can be purchased from the website
In the United States, Canada, it is possible to buy bittacquane shopping in online-based transactions in some countries.
Simple Bitcoin use as a simple e-mail or mobile phone.
In the current world, the exchange rate of 1 bitcane is 202 US dollars or 146 euros.
Bitcoin History
In 2008, Bitcoin invented the computer scientist Satoshi Naakamoto. This is his pseudonym. Bitcoin is very easy to buy and sell online because the currency is reported from peer-to-peer transactions or from an independent customer in the name of online transactions in the customer. Bitcoin transactions are protected by a server named Bitcoin Miner. In the peer-to-peer communication system, the Bitcoin transaction is updated on multiple computers or smartphones, and its central server user laser updates.
Bitcoin's good-bad
Bitcoin transactions can not be easily controlled because of the use of bitcoin in drug smuggling and money laundering. Despite the popularity as a digital currency, many criticize it due to the serious use of its fluctuations, scarcity, and limited use of business against the different international currencies. Recently, US detectives demanded the world's highest Bitcoin to be closed by closing an online market called 'Silk Road'. However, the virtual currency is recognized in many countries for trading.