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Progress of Bitcoin in Last Decade Bitcoin

holds the record of having the largest number of billionaires in Bitcoin history. Bitcoin continues its surge above $ 7,000 catching up with an all-time high market cap to $140bn. Bitcoin remains in focus because Bitcoin billionaires hold extreme wealth in Bitcoin. Bitcoin Billionaire Winklevoss Twins Became World’s First Bitcoin Billionaires Bitcoin is also known as one of the safest currencies in cryptocurrencies where Bitcoin major trading volume is held by Bitcoin OTC (Over The Counter) exchanges which are peer-to-peer crypto exchanges for big investors and financial institutions who’re not able to trade on regular Bitcoin Exchanges. If you want to earn profit from bitcoin, then do not forget to explore the bitcoin era app. 

Bitcoin Top Cryptocurrencies Among All Currencies Bitcoin Surpasses 1 Million Daily Active Addresses Another feature that makes Bitcoin stronger than other currencies is the security aspect where Bitcoin is having the highest amount of security measures in cryptocurrencies Bitcoin’s hash rate has increased to a great extent that Bitcoin now powers more than one-third of world’s overall hashing power Bitcoin Major Cryptocurrencies Bitcoin transactions are counted much higher than any other cryptocurrencies Bitcoin transaction value reached $1.3 trillion which makes it occupy 27 percent of cryptocurrency market Bitcoin traded volume making up 33 percent of overall cryptocurrency volume

Bitcoin The Revolutionary Technology Bitcoin holds the title for being the most searched term on Google Another breakthrough coming from the Bitcoin side was when Microsoft allowed users to use Bitcoin as a payment option which made Bitcoin available for billions of people around the world Then Goldman Sachs announced its plan to become a crypto trader along with other leading financial institutions like JPMorgan Chase & Co and Barclays Bank.

Bitcoin continues its surge above $ 7,000 catching up with an all-time high market cap to $140bn. Marketcap of around 142 Billion with approx 16.5 Million coins in circulation gives bitcoin a value per coin of approx 6500$. The total number is expected to be 21 Million by the end of 2020.

Bitcoin has shown immense growth since its inception in 2009, when 1 BTC was valued at 0.003$, within 9 years the price was touching 7000$. The roller coaster ride is very much visible in this chart when compared with other traditional currencies like the US dollar etc.

Bitcoin has also been used as an alternate asset class to store wealth by many investors around the world. Bitcoin is also known as one of the safest currencies in cryptocurrencies where Bitcoin’s major trading volume is held by Bitcoin OTC (Over The Counter) exchanges which are peer-to-peer crypto exchanges for big investors and financial institutions who’re not able to trade on regular Bitcoin Exchanges.

Bitcoin Billionaire Winklevoss Twins Became World’s First Bitcoin Billionaires Bitcoin is also particularly well received in countries like China where Bitcoin has been gaining strong popularity among upper-middle-class citizens due to the government’s strict capital control rules which makes it difficult for citizens to invest their money outside of the country. 

Top reasons why Bitcoin will continue its surge

 1) Institutional Investors 

2) Strong daily trading volumes

 3) Regulatory approvals 

4) Increase in Bitcoin’s real-world applications Bitcoin Surpasses 1 Million 

Daily Active Addresses  Bitcoin transactions are counted much higher than any other cryptocurrencies Bitcoin transaction value reached $1.3 trillion which makes it occupy 27 percent of the cryptocurrency market Bitcoin traded volume making up 33 percent of overall cryptocurrency volume Bitcoin is giving tough competition to gold as an alternate asset class where Bitcoin has outperformed gold by 400% this year. In the last month alone Bitcoin has risen from a value of 8300$ to 10,100$.

Conclusion

Bitcoin has been in the news for many years now. Bitcoin was invented by Satoshi Nakamoto, who published his invention on an academic mailing list in 2008. Bitcoin is based on the concept of open-source peer-to-peer software that was introduced by BitTorrent. Bitcoin uses blockchain technology to create a decentralized public ledger of all Bitcoin transactions that have ever occurred. This allows Bitcoin users to store and transfer Bitcoin without using any central bank or clearinghouse because Bitcoin transactions are verified cryptographically instead.

Since its introduction, Bitcoin has gained immense popularity among people from all walks of life – be it politics, business, technology, or banking. The most popular way of getting Bitcoin is buying them through exchanges like Coinbase (USA) & Coinmama (International). Bitcoin can also be purchased by using Bitcoin ATMs. Bitcoin is slowly gaining traction, and the Bitcoin discussion topics can be found on many public forums like BitcoinTalk, Reddit Bitcoin & Bitcoin Stack Exchange. Bitcoin has also found its way into many Hollywood movies.

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