What can be said about "Bitcoin" (Bitcoin), virtual currency that seem as rattled world financial markets? Since its inception, Bitcoin has become one of the most controversial topics in the economic arena and continues to be an ongoing concern center for many investors and business owners.
Myth is that "Satoshi Nakamoto" began work on the principle of Bitcoin in 2007 in Japan. (It is said that Nakamoto is a collective pseudonym for more than one person). In August was released the first version of the currency in January 2009. The first version of the bitcoin exchange rate select value when Bitcoin 1309.03 per US dollar, using the equation, which includes the cost of electricity to run the computer that issued units Bitcoin.
Bitcoin market
Market configure Exchange to currency Bitcoin in February 2010 and the first truly global deal to use them happened when he founded "Laszlo Hayek" to pay 10,000 Bitcoin exchange for pizza on the forum bitcoin. At that time, the exchange rate to buy a pizza was about US $ 25.
As you can expect, when it was presented bitcoin the beginning, the majority of people were hesitant about the virtual currency. They did not know what make a currency can not be seen nor touched. The fact that they made a currency decentralized without any legislation at all was not surprised the majority of people. Which was important is that the Bitcoin can buy them at a very low price and there was no way but to go up.
The coin
People look to the bitcoin of the coin. There is no doubt about the use of the currency in which it can be accessed only via the Internet through the mechanism of the machine (disclosed in the month of May 2013). These speculators are buying bitcoin and keep them until it becomes profitable to sell, as is the case with any other currency can be traded.
And there are others who say that Bitcoin is simply part of a hierarchical program only win the people present at the summit. In fact, there are a limited number of Bitcoin -21 Mleon- currently trading and is expected to issue only until the year 2040. No one knows what will happen at that time.
In the meantime, the Bitcoin fluctuated dramatically and reached a $ 99 drop in the history of July 13, 2013, and to rise $ 1.200 in December of the same year. Today, the price of Bitcoin is located at about $ 645. Over the years, many bitcoin markets and many currencies in many countries agreed to provide risk versus bitcoin.
Companies, including Virgin Airways and companies and metro systems, began to accept bitcoin as a way to pay for goods and services and the price of bitcoin. There was also a lot of investigation on digital currency, and that led in September 2012 to establish a Bitcoin Foundation Inc., which applied the fundamental protocol for the team and a device that monitors the digital currency. And it had this little tangible results where he found that there are many bitcoin exchanges are suspicious activities and was fined and shut down by federal authorities.
As well, there have been many cases where piracy has Bitcoin exchanges markets, resulting in a decline in value of the currency, where the professional pirates stealing hundreds of bitcoin. There was a bitcoin exchange market and at least one, and is the Mt. Gox, which was first introduced in 2010, is becoming more suspicious of the owners of the accounts in the month of February this year and eventually declared bankruptcy, and left hundreds of account holders with big losses.
Consequently, the question remains: Is Bitcoin may be considered legitimate or scam coin? What is the extent of the rise, which will reach a value of Bitcoin? What will happen in the year 2040 when it is not issuing more currency this
?