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What is Bitcoin and its value in the market?

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Bitcoin is a digital currency secured by encryption, which is transacted outside the jurisdiction of a central authority, and the currency was originally introduced to be used in payments that are not subject to government control, unlike traditional currencies.

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Bitcoin is a cryptocurrency that can be traded in the yobit platform to earn large amount of money. If you have Bitcoins hold it for a long period of time so that you can sell it off at a higher price in the future to earn profits. The current price of Bitcoins is around 11200 dollars. So hold it for longer period until the value of Bitcoin increases. This way the users can sell it off and earn income.

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All of cryptocurrency is usable if it is a store of value, or, put differently, if it can reliably be counted on to maintain its relative value over time and without depreciating. In many societies throughout history, commodities or precious metals were used as methods of payment because they were seen as having a relatively stable value. Rather than require individuals to carry around cumbersome quantities of cocoa beans, gold or other early forms of currency, however, societies eventually turned to minted currency as an alternative. Still, the reason many examples of minted currency were usable was because they were reliable stores of value, having been made out of metals with long shelf lives and little risk of depreciation

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Bitcoins have value because they are useful as a form of money. ... In the case of Bitcoin, this can be measured by its growing base of users, merchants, and startups. As with all currency, bitcoin's value comes only and directly from people willing to accept them as payment

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Welcome to the forum. You can search in old publications and you will find everything related to digital currencies and Bitcoin with ease because this question is obvious in the world of cryptocurrencies and does not need in order to create a new topic. I wish you good luck.

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The best currency in the crypto currency is Bitcoin. Bitcoin is a variable currency. When the price of Bitcoin goes up, it goes down again. Bitcoin can be made with a small investment. Thank you for sharing this with me

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On 4/4/2020 at 10:13 AM, Badman001 said:

bitcoin is a like a digital money, This is created by a named satoshi nakamoto ( still hidden) . it's price is $7k per Coin in market. 

for more info read some good article on blogs or watch YouTube .

Hello, I really tell you, friend, very good post, excellent the information you have, I think it is quite accurate and accurate, which serves to inform us who are starting in this world, I congratulate you

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Bitcoin is a crypto money coin. It's at highest coin and present most elevated esteemed coin.It's valu is likewise expanding regularly! Everyone wants to owm bitcoin. But that isn't easy In short bitcoin has an incredible significance and an extraordinary worth!

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On 4/4/2020 at 7:55 AM, Krishna123 said:

Hello my dear members I am new here and want to learn more about crypto and it's digital currencies. But I hear about always Bitcoin or btc. I have no any other idea about this I make search on the Google and some pure answer get knowledge about this. Now I asked my senior to give me some features about this.

In a simple way, defining what bitcoin is is the first digital currency that works through the internet and that within the network each transaction is verified by miners who receive rewards for solving mathematical problems and verifying transactions with their computational power

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Hello, what can you say bitcoin because it is the Mother and queen of all cryptocurrencies that is a kind of digital money where supposedly a person called Sathosi Nakamoto where behind this person there are many mysteries and many opinions about it, I can only say that it is one of the best inventions in technology
Luck and big winnings
A big greeting

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The price of Bitcoin is increasing day by day.  Because Bitcoin is a popular currency.  The number of users of this currency has increased a lot from before.  I believe that the number of users of Bitcoin currency will double in the future and the price of Bitcoin currency will increase a lot in the future.  Bitcoin is currently priced at 10 thousand dollars.

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Bitcoin is a decentralized peer to peer cryptocurrency without any single administrator and it is stored online in a wallet,at the time of writing bitcoin is trading at about $6800 dollars.

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In cryptocurrency  wirld btc is the king but the price of it is unpredictable  all the time althl9 many times the prediction of an expert  proved right.

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If definition is very easy to explain It is a digital currency that only exists in the blockchain or blockchain Bitcoin is both a currency and a digital system in addition to being a currency, Bitcoin has a very important value as a digital system, because it is about the first existing blockchain is currently worth 11,340.60 US dollars

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On 10/16/2020 at 5:11 PM, Zachy said:

Bitcoin is the most famous cryptocurrency . It was founded by Sathoshi Nakamoto . It is the most valued cryptocurrency and most commonly used one too . During its initial stages it was valued at very low prices , now its currently valued at around 11000 USD . Its value was constantly increasing before the pandemic and is expected to continue to rise after this pandemic ends .

Cryptocurrency  is not the well known but each person who knows the cryptocurrency  world will know the btc for sure, but it is not used at each place.

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Bitcoin is an virtual currency better known as cryptocurrency which is mined through machines but we cant feel it physically.

The value of bitcoin is around $6500 to $700

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genuinely, i can give an explanation for it my expensive friend. i will give an explanation for in very short. bitcoin is a cryptocurrency and if you want to understand what is cryptocurrency than google it as it no longer possible to give an explanation for in this put up.

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bro bitcoin is online digital cryptocurrencies you hear just about bitcoin because it was the first creation of crypto market and it is very species so for that its market cap is very power full for trading many peoples become millionaire with bitcoin 

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bitcoin is online digital decentralized currency bitcoin have very good important in the whole world its the lion of crypto world first crypto was bitcoin so for that its very important and powerful other coins are the children of bitcoin 

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Bitcoin is the highest priced cryptocurrency in the financial world. It's basically started as a simple coin which hasn't any good value at 2009. But after a decade now on 2020,the price has risen a lot higher. The price of the bitcoin has risen to almost 13k usd. It's the highest valued virtual coin. We hope it is the best profitable project that will go so far. 

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On 4/4/2020 at 6:55 PM, Krishna123 said:

Hello my dear members I am new here and want to learn more about crypto and it's digital currencies. But I hear about always Bitcoin or btc. I have no any other idea about this I make search on the Google and some pure answer get knowledge about this. Now I asked my senior to give me some features about this.

Bitcoin is a digital currency. And a top cryptocurrency. It is created by Japanese man name satoshi Nakamoto. Its identity is still a secret.

As for the the price, its price is above $13,000. And still increasing day by day. 

This year bitcoin performed very well. At the start of this year its price is round about $10,000. And now it has increase to $13,000. There is also a prediction that its price will rise to $20,000 at the end of 2020.

So if you are planning to buy some bitcoin, and prediction goes right and its price will increase $13k to $20k, definitely you will earn huge profit. 

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On 4/5/2020 at 7:58 AM, George10 said:

Bitcoin is a decentralized peer to peer cryptocurrency without any single administrator and it is stored online in a wallet,at the time of writing bitcoin is trading at about $6800 dollars.

First of we have to first learn about some skills of the crypto currency then after it the knowledge for Bitcoin is important. Now a days it's price in the market is 14000$ ,which is very good value  and it is very powerful crypto currency have the same value according to the value of USD.

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I know for sure that the part of knowing what is bitcoin you have already done that one and the truth is we need to really be sure that we are able to understand everything in the right positions that we see here, bitcoin is a new decentralized system of means of payment in form of crypto cash and it uses the computer algorithms to make sure that its safe and easy to protect so today we need to follow every site we see out there and strategy to make it work because its really safe

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Dear friend it's okay to learn slowly through experience. Good question my friend. Btc can be used in investing and trading thereby earning good money. Make sure you take advice from experts.This will help you  not getting into fraud.

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Welcome brother to this cryptotalk forum always keep in mind about the rules and regulations of this forum which would help your account with not getting banned. Don't worry my friend it is easy to learn everything by reading many topics from this forum, bitcoin is a digital currency which we would be using as a exchange in our future.

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