Bitcoin News Journal

Bitcoin Value Surpassed $200 Each


The great Bitcoin bubble just surpassed $200 mark, at the time of writing one Bitcoin was worth $223. Bitcoin was created in 2009 by an anonymous developer known by the pseudonym Satoshi Nakamoto.In July 2010 one bitcoin was worth “ 5 cents “. Today it reached a height of $223, a $50 jump in last 24 hours, clearly seen from the graph published below on this page.

Bitcoin’s value has exploded in last two months fuelled in part by economic uncertainty in Europe and an increasing amount of media coverage of the currency. A number of major online businesses have started to accept BTC as a form of payment, also improved its reputation.

The bitcoin, explanation by its inventors, “is based on the transfer of currency between virtual accounts in the public domain protected by a system of public key cryptography. All transactions are public and stored in a distributed database that is used to confirm and to prevent the possibility of spending the same money twice. ”

Whether it’s a bargain at very high risk, however, is also demonstrated the reliability of some brokers who have treated the digital currency in recent months. Disappeared ingloriously. As was the case with the portal, forced to close a few days ago after a hacker attack.


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