Bitcoin (BTC) Prices, Live & Real-Time Chart, Technical Indicators

About Bitcoin

Bitcoin (Symbol: BTC) is a global digital currency and peer-to-peer payment system designed by an unknown programmer, or a group of programmers called Satoshi Nakamoto. It was issued as open-source software network in 2009. The interface is a digital system and transactions which are verified by network nodes and recorded in a peer-to-peer blockchain network, occur between customers directly without an intermediary. Bitcoin is known as the first decentralized digital currency as the progression of the platform doesn’t include a central repository or single administrator. The purposes of bitcoin are to make a reward for mining and exchange bitcoin for other currencies, products, and services in both legal and illegal way. Until February 2015, the number of merchants and vendors employing bitcoin as payment was over 100,000. Research produced by Cambridge University in 2017 revealed that most of 2.9 to 5.8 million unique people utilizing a virtual currency wallet use bitcoin.