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Ranked # 1
Price
$32,477.00 (3%)
All Time High
$41,940.00 (-23%)
Market Cap
$600,952,733,899
Volume (24h)
73,587,064,570
Cir. Supply
18,607,506 BTC
Max Supply
21,000,000 BTC
What is Bitcoin?
Bitcoin is the first decentralized cryptocurrency introduced in 3 January 2009 by an unknown entity naming himself Satoshi Nakamoto. The idea and purpose of Bitcoin is to make decentralized and pseudo-anonymous transactions. It uses proof-of-work system to create new coins. It has a block creation time of 10 minutes in average and block size of 1MB. As of 2009 (creation of bitcoin), each block gave you 50 btc to the miner of that block, that value being halved every 4 years (giving today 12.5 per block). Smallest unit is called one satoshi which is 0.00000001 bitcoin or one hundred millionth of a bitcoin. Bitcoin also has transaction fees which, miners get verifying transactions. The technology used in bitcoin is very limited on creation of smart contracts. Bitcoin can handle up to 3.3 – 7 transactions per second.
Help us keep Hodlin going. Every little 'Bit' counts.
Community Posts
Bitcoin
at
$23,241.10
on
Dec 22, 2020
SkyBridge registered the new fund under Rule 506(c) As a result the issuer can advertise its offering buyer who has verified as accredited investors. cryptopotato.com/...fund/
Global investment fund SkyBridge has filed with the SEC to launch its own Bitcoin fund. Institutions continue to line up behind the primary cryptocurrency.
Bitcoin
at
$19,084.30
on
Dec 5, 2020
Brian Brooks, Acting Comptroller of the Currency at USOCC and Former Chief Legal Officer at Coinbase said nobody (meaning the United States) is going to ban Bitcoin and banks will be able to connect directly to public blockchains www.youtube.com/...iBN7w
Brian Brooks. Whether banks can connect directly to blockchains as payment networks.
youtube.com
Bitcoin
at
$18,636.80
on
Nov 21, 2020
The #BlackRock CIO Rick Rieder said Bitcoin is here to stay and will replace gold to a large extent. Check it out! twitter.com/...?s=20
"It's hard to say whether it's [#btc] worth the price it is trading at today. But do I think it is a durable mechanism that--do I think could replace gold to a large extent? Yeah I do, because it's so much more functional," says BlackRock's Rick Rieder. #bitcoin #cryptocurrency. pic.twitter.com/ipwr22xwZ1
— Squawk Box (@SquawkCNBC) November 20, 2020
Bitcoin
at
$12,833.60
on
Oct 21, 2020
PayPal just announced that why will be adding support for Bitcoin in 2021. My friends keep telling me that it's just speculation but 2020 seems to be the year that a lot of the speculations are coming true. From the CBDC announcement and now PayPal! twitter.com/...87873
Today, we are announcing the launch of a new service that will enable customers to buy, hold and sell #Cryptocurrency directly from their PayPal account. https://t.co/QS6JRmG9hs pic.twitter.com/uHBatfZkbF
— PayPal (@PayPal) October 21, 2020
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That's all we got for #Bitcoin
