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  • Johansen Albert posted an update 1 month ago

    The ForexBrokers.com annual broker review (six years running) is easily the most cited in the marketplace. With well over 50,000 words of research over the site, we spend a huge selection of hours testing fx brokers each and every year.

    Now over 12 years old, bitcoin keeps growing and mature alternatively asset, which is considered by so many to become just like a digital type of gold.

    After peaking at over $18,000 per coin in late 2017, bitcoin retreated in price, then surged to claim record price highs above $69,000 in November 2021. Since publishing, the whole valuation on all bitcoin is nearly $1 trillion, representing a good portion from the entire cryptocurrency market – that’s $2.36 trillion by December 2021.

    This informative guide explains what bitcoin is and ways to buy it

    What’s bitcoin?

    Bitcoin is really a way of public internet money or electronic cash, called cryptocurrency. It was launched in January 2009 after its design was published in a white paper. Bitcoin’s supply is fixed, every bitcoin comes into existence through mining, where anyone through the public can verify transactions to help you secure the network.

    Bitcoin behaves like an asset, because limited supply websites as bad the extreme mining process. Bitcoin mining is quite like mining for gold, at the very least meaning required great effort and cost. However, bitcoin is much more efficient than gold in several ways, due to its usage of blockchain technology, meaning all transactions are public and everyone can join the network.

    Furthermore, bitcoin is extremely resistance against any form of censorship, and forged transactions are impossible, with thanks to the cryptographic primitives used in the bitcoin blockchain (as well as in bitcoin wallets).

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