Bitcoin is an online digital currency, like a dollar or a book, but with a few exceptions. Introduced by Satoshi Nakamoto in 2009, Bitcoin undertakes in a peer payment system where no intermediary exists and that goods can not be transferred securely between two people on the planet. It is associated with a heavy network of computers and the currency unit of the Bitcoin system (called appropriately Bitcoin) can be simply acquired by joining the extensive network. Bitcoin provides a fast and secure transaction alternative, but few people are willing to take the jump for that. The question of a million dollars always persists, is Bitcoin a safe investment?
Bitcoin has only a few years, an interesting creation that has omitted many and for registration, has reached a name in the first financial keys. Its popularity has extended and led some of the best companies like Virgin Galactic to consider it as an acceptable source of payment. Bitcoin prices increase at rates up to 10% and continue to dominate as a market alpha and has made much interested in investing.
Another particular characteristic of Bitcoin is that it does not have a central bank and a central government does not control it either. It is a global currency and its creation and its existence lies in a complex and geek mathematical algorithm, which allows it to reach Meshaps related to the government. Cases of political instability and government absurdities that plunge the economy into shame and the first years of investment in a currency in a currency in the drain do not occur in the encryptive currency system. This creates a secure and user-friendly investment opportunity with low inflation risks.
The wrong side
With an always incredible advantage, the crypto-currency also has its bottom. As mentioned, this thing always takes baby; And with it comes from great uncertainties. Bitcoin prices are volatile; Current increase and can fluctuate at 30% to 40% in one month. The world is always surprised by its emergence and there are very few holders of Bitcoin and Bitcoin. This leads to unanswered questions and cold fear among people who invest in a new “gold mine” unpredictable can give devastating effects. His new law provokes a lack of regulation and scares potential investors.