Bitcoin (BTC) price, charts, market capitalization, history. Check Bitcoin live and history price in charts and tables, do analysis with special BTC tools below. Bitcoin and cryptocurrency market never sleeps, Bitcoin price changes every second. Basic Idea behind bitcoin is that it was the first alternative form of currency that was operated on a distributed public ledger known as blockchain. The cryptocurrency was decentralized and new coins are created after mining for new blocks on the blockchain. It offered instant transactions across the world with minimal fees. Bitcoin is the currency of the present and the future. It can help us move away from the debt-based fiat currencies like Dollar, Pound, etc. especially for funds transfer. It also helps to avoid abuse of low wage workers especially women who want to hide their savings from abusers and help get payments from across the world with minimal government intervention. Bitcoin is certainly the future of sending money across the world based on an extremely secure transactional process.
Bitcoin price chart
The future of bitcoin is very promising. It is the premier cryptocurrency of the world with the most significantly increasing value, most secure public blockchain and an army of miners and developers. As long as it continues eating away the share of fiat currencies, its worth and acceptance will only increase. There are 21 million bitcoin that can be mined on the blockchain. Almost ⅔ of the bitcoins have already been mined. It is possible to mine for more but as more and more people enter the mining process, it gets more resource intensive to mine for more coins. Competition automatically increases the demand for more resources for mining.
Who Invented bitcoin? Bitcoin was first envisaged by an anonymous person going with the alias Satoshi Nakamoto. He gave us the first workable idea of a distributed ledger and laid down the process of the bitcoin and how to mine on it. Satoshi Nakamoto kept a number of bitcoins for himself and they weren’t so much back then but now they are worth hundreds of millions of dollars. Till now, the identity of the Satoshi Nakamoto group aren’t known but the coin is open-source so there are no discrepancies on how it is supposed to operate.
Who are the main investors in Bitcoin? Bitcoin is the most popular cryptocurrency in the world with tens of billions of dollars worth but the ownership of bitcoin is distributed around the world. Now many countries in the world regard bitcoin as an illegitimate form of money and therefore they don’t allow bitcoin exchanges to be set up. Other countries especially the ones in Europe, Americas and China are much more receptive to the new currency. Most of the investors of bitcoin aim to use it for transferring funds or trading the future of the coin.
|20 Oct 2017||5708.11||6060.11||5627.23||6011.45||2,354,430,000||100,007,083,345|
|19 Oct 2017||5583.74||5744.35||5531.06||5708.52||1,780,540,000||94,954,808,115|
|18 Oct 2017||5603.82||5603.82||5151.44||5590.69||2,399,270,000||92,982,539,106|
|17 Oct 2017||5741.58||5800.35||5472.72||5605.51||1,821,570,000||93,218,297,189|
|16 Oct 2017||5687.57||5773.12||5544.21||5725.59||2,008,070,000||95,203,392,843|
|15 Oct 2017||5835.96||5852.48||5478.61||5678.19||1,976,040,000||94,403,031,755|
|14 Oct 2017||5643.53||5837.7||5591.64||5831.79||1,669,030,000||96,942,498,330|
|13 Oct 2017||5464.16||5829.8||5436.85||5647.21||3,615,480,000||93,864,253,934|
|12 Oct 2017||4829.58||5434.67||4822||5434.67||2,776,900,000||90,322,177,399|
|11 Oct 2017||4789.25||4873.73||4753.78||4828.49||1,240,670,000||80,238,456,215|
What was the spark that made you take a serious look at getting into bc / crypto? I was a skeptic for a long time, brushing it off and off but I have come to realize this is the future. For me, it was seeing the possibilities with such technology and realizing the potential with all of this.
Wannacry malware wanting bitcoin as payment. Criminals are always ahead of any technology curve.
For a lot of people (myself included) we speculated buying for a long time and then saw that the price kept increasing. You can only have so many "I could have made x amount of money if I had actually done it!" before you cave in and buy at least a small amount.
Because blockchain is the next phase of civilization
I got scammed in to joining bitcoins brain and lost 40 bucks in 3 days. After that I wanted to research and know everything about this industry, to help prevent that from happening again. Started Blogging
because banks suck?
For me it's the blockchain technology. I find it a great way to ensure transparency and decentralization. I think it's got a ways to go because it's a bit cumbersome and clunky but as with any technology it will grow and adapt. I wonder if Perhaps one day we will be free from fiat money, non transparent governance, and having to pay for knowledge and information?
Years ago i bought bitcoin for £30 a btc, it didn't go up, actually it dropped for the couple of months after i bought it and so i got fed up and sold and bought into the stock market and bullion. recently i checked the fucking btc price! i then spent a while learning about blockchain, and scrypt and the altcoins so i would understand cryptocurrency a bit better and although i'm currently down £1-1.5k on what i put in, as a result of china and fucking JP Morgan, i now believe in the coins i've bought, i'll buy more of them even tho they're down and although i regret selling the btc, i learnt a lesson in being patient and in the potential some of these coins have.
I got in following a group leader that does some bucks in HYIP's. Lost money, gained money, stopped HYIP's evening it out. Since then (1.5 years), being investing month after month to increase portfolio whilst reading, reading and reading again anything I can find on blockchains.
Stuff like this and realizing this is still possible right now with various alt coins: If You Bought $5 of Bitcoin 7 Years Ago, You’d Be $4.4 Million Richer
A friend told me about btc and how he believed in gulden alt. I started the research and got into those crypto drug
Crypto Crashing! Are the chinese leaving like they did in 2013 causing Bitcoin to go from $1200 to $250????
Stop panicking. Think 3 months from now. This is yet ANOTHER bump in the road. Crypto is the future
If Bitcoin go to 2000 range I will sell everything i had and buy Bitcoin
Yep next week bitcoin will be 250$ again
BTC ALL TIME HIGH IN 2-3 MONTHS!
If that happens im taking out a loan on my house
BTW Just so everyone knows. The JP Morgan Ceo that made his statement today about Bitcoin not being worth anything had a patent for a Bitcoin look a like rejected 175 times before making his statement haha: http://www.telegraph.co.uk/technology/news/10510933/JPMorgan-files-patent-for-bitcoin-killer-currency.html
This isn't a crash moron. This a much needed correction.
You guys really need to study charts... the panic and fud post in this group is really getting PATHETIC
What a shitty month! Patiently waiting for recovery
By the way, this crash is serious! Even tether is losing value. Which means fiat is actually being withdrawn to bank accounts!! Things are getting SERIOUS.
Suneedh, Fork was on 1st Aug, but on July 15th BTC dropped to $1900, it's not possible that price will always rise. Look long term. Check any stock on the market, all goes up and down. And now it's media war, panic wins. Calm down and be ready to go down even to $2000, but it will go up again.
Consolidation is fine thats the way of the market what worries me is idiots like JP morgan and China News comps shitting on it so its USA and CHINA the rest of the world Argeintina, Switzerland, Japan are taking up crypto
i got worried for a second, then i remembered i only have $50 invested. all is well :D
So what does it tell us Adoption is happening and Japan and Argentina dont want to be part of the $ domination world or their old debt
Needed Correction. This will only make the market accessible to more people.
Bitcoin price falls because of one article on Caixin. No statement from China's bank, exchanges didn't get any notice. Regulation must come, why everybody is so scared of legality? I think we have huge price manipulation in the bitcoin ecosystem. What's your opinion?
What exchanges were banned? Fake news
No bans yet, but why price is falling?
Its fake, and price is falling because of this fake news, also because its weekend, wait till monday it will start rise again, but there is a speculation that third dump will happen next week, also with some fake news... Big players are getting their cheap cryptos this way
Because of the fake news all over about bans to exchanges and it causes panic. People begins to sell. Well its the nature of Money. Volatility. What i know for sure is that this is gonna come and go. Cryptocurrency is here to stay. 135billion cap. this is gonna continue to soar as more people begin to adopt and money continue to flow in. so Keep stocking currencies and be in the profits
Market just need reasons to release heat from the bitcoin engine
I would like to be it fake news. Just strange when bbc, cnbc, cnn, cointelegraph doesn't say that it's fake news. They quotes Caixin as trustful local Chinese source.
That trustfull Chinese source ir below shit, take a look at Boxmining videos, he has a very good insight about Asia markets, he rips this fake shit appart :) it's not logical that Official Chinese Goverment statement comes almost 10 PM in the evening :) now take a look at this and be ready to buy some more coins later https://steemit.com/.../bitcoin-crash-how-to-spot-whale...
its the same shit like last wekk ICO's news, FUD is what making whales to get their cheap crypto, as a small fish, all u have to do is not panic sell and buy more, thats it :) Also take a look at this http://boxmining.com/chinese-ban-crypt-exchanges-rumor/
Fake news? Bitfinex works fine?
Yes, it's fine
Comon guys, so many people are new to investing, like me. So why not educate us instead of trying to be a funny guy
Stop share that kind of news.
Don't be afraid to hear different perspectives ffs. Don't stay in a cesspool of people who only think like you. That's dumb.
This isn't true - the exchanges are still running. There has been new release from the Government about anything and nothing has been said. This was posted by a newspaper(deliberately) in China and picked up by the rest of the world. when the BTC Trading halt occurred, trading halted prior to the Government Release. As of now, nothing has halted. Don't be idiots.
As long as people keep reacting to it it will never stop. Lots of new people fear the total collapse in the back of their minds and are so quick to assume that any dip is the big one.
Whole new herd of noobs to manipulate, I expect China will continue 'banning Bitcoin' again until price stops moving from it