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Bitcoin – A Quick Overview

  • Bitcoin is a finite, decentralized digital currency, not tied to any government or bank.
  • The payments using Bitcoin can be done instantly anywhere across the globe using peer-to-peer technology for a very nominal cost.
  • The tasks like tracking of the transactions and issuing new money are managed collectively by the network, making it safe and anonymous to an extent.

Bitcoin Has Provided Over 80% Gain In 2017 Only

Bitcoin, which is currently trading at over $2000 against the USD, has exceeded all forecasts. Furthermore, this trend doesn’t seem to be stopping.

  • Bitcoin was worth $280 only in early 2014.
  • Bitcoin jumped by $200 in one single day. Its value nearly doubled in May 2017.
  • Bitcoin has rallied over 120 percent year-to-date.