What is Bitcoin?

Bitcoin is a currency like the euro or the US dollar, used to exchange goods and services. However, unlike other currencies, Bitcoin is an electronic currency that presents novel features and notable for its efficiency, safety and ease of exchange. Their biggest difference compared to other currencies, is a decentralized currency, so anyone possession. Bitcoin has no central issuer as dollars or euros, the cryptocurrency is produced by individuals and companies around the world devoting considerable resources to mining.

What is the origin of Bitcoin?

Bitcoin has its origin in 2009 when Satoshi Nakamoto, pseudonym of one or more persons decided to launch a new electronic currency whose peculiarity is that only served to perform operations, While we may not know who he (or she) was, we know what he did. Satoshi Nakamoto was the inventor of the bitcoin protocol, within the network of networks. Bitcoin refers to both the currency and the protocol and the P2P network on which it rests.

How bitcoins created?

The new bitcoins are generated by a competitive and decentralized process called "mining". This process is based on that individuals are rewarded by the network for their services. Bitcoin mining process transactions and ensure network using specialized hardware and collect bitcoins in exchange for this service.

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Until lately, forex trading in the money market had become the domain of incredibly rich people, corporations, central banks, hedge funds and big financial institutions. All with this has altered, and it's not impossible for typical investors to trade monies readily with the tap of a mouse. Dailycurrency changes usually are quite modest. Thus, many money speculators rely on the access to tremendous influence to boost the worth of potential movements. Leverage could be just as much as 250:1. Higher leverage could be hugely high-risk, but because of round the clock trading and deep liquidity, foreign exchange agents have already been in a position to make high influence an industry standard so that you can help make the moves significant for money dealers. Extreme liquidity as well as the access to high influence have helped to spur the rapid growth of the market and made it the perfect place for a lot of dealers. Positions may be held for months or may be opened and shut within minutes.

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What is Forex BTC? It is the international currency market, is the world's largest, with a larger volume of business at 5 trillion in a single day financial market. To understand what this means turnover, it is what can move the NYSE (the largest in the world). Forex trading involves buying and selling currencies,this is money.Currencies are traded through a broker or dealer and are traded in pairs,different type of currency used for the dollar, the euro until Bitcoin The Forex market is the only one that is open 24 hours a day. From Tokyo to New York via London, the market moves can operate at any time, day and night.


The price of bitcoin is determined by supply and demand. When demand for bitcoin increases, the price goes up, and when demand falls, the price falls. There are a limited number of bitcoins in circulation and new bitcoins are created at a predictable and decreasing speed, this means that the application must continue this level of inflation to maintain a stable price. Because Bitcoin is still a relatively small market compared to what may become a significant amount of money is not necessary to move the market price up or down, which is why the price of bitcoin is still very volatile


Bitcoins have value because they are useful as currency. It has the characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on mathematical properties rather than relying on physical properties (such as gold and silver) or rely on centralized authorities (such as fiat currencies). In short, Bitcoin is backed by mathematics. With these attributes, all you need this kind of money to keep its value is trust and adoption. In the case of Bitcoin, we can measure their growth in users, retailers and startups. Like any currency, the value of Bitcoin is achieved alone and directly from people who want to accept it as payment.


In the same way that no one controls the technology behind email, Bitcoin does not have owners. Bitcoin control it all Bitcoin users worldwide. Although programmers improve the software, they can not force a change in the Bitcoin protocol because all other users are free to choose the software and version you want. To remain compatible with each other, all users need to use software that complies with the same rules. Bitcoin can only work properly if there is consensus among all users. Therefore, all users and programmers have a strong incentive to protect this consensus.