There are many people who are not properly familiar with Bitcoin. I am just going to make their concept clear and I will also discuss on different important factors regarding Bitcoin as it is demand of present world. Bitcoin has worldwide market but China , Japan including some Asian countries are more busy with it. Recently China government has tried to reduce its use in China and its impact was fall down of bitcoin’s rate. Though, now it has come nearly to its previous position. The first Bitcoin software was developed by a group of brilliant mathematicians in 2009. At that time United States of America was suffering from economic crisis. Some people mention Bitcoin as “Virtual Gold”. New Bitcoin creating process can be mentioned as bitcoin mining. Many of the famous companies of today’s world have recognized cryptocurrencies as a valid payment option. The largest competitor of Bitcoin in the cryptocurrency market is Ethereum. ![bitcoin-3585354_960_720.jpg](https://cdn.steemitimages.com/DQmcXNTGCwV5rzbBj98CLQgwxgSbmPoXtQf2k8nAQNG37XR/bitcoin-3585354_960_720.jpg) [source](https://pixabay.com/en/bitcoin-crypto-currency-currency-3585354/) You can convert your Bitcoin to other currencies like US Dollar. Actually, Bitcoin is the most familiar digital currency which depends on computer network. The Bitcoin exchange rate is not dependent on Central Bank and no single authority can control the supply of Cryptocurrency. Low Inflation can not affect Bitcoin. On the other hand, traditional currencies are affected by inflation. The mining of Bitcoin is bound to certain limit. As a result mining is reducing day by day and experts prediction is very clear and they say that it will be fully mined by 2050. Bitcoin is such a currency that is really easy to carry. Bitcoin is very comfortable to transport. You can make money by Bitcoin in the following three ways: • Saving • Mining and • Trading China, Russia, India, South America, African countries and even Bangladesh are becoming really popular with Bitcoin. We can see that the authority of Bitcoin has taken some effective and long lasting strategies to promote Bitcoin worldwide. The interesting thing about Bitcoin is that it has taken us to a “Electronic Wallet”. Once a Bitcoin is mined then exchange of real goods can be done by this. It is better than paper currency in many ways. Most of the time it is risk free as you can carry huge money easily. Bitcoin is going to be the money of the future and the time is knocking at the door when people will say that Bitcoin is the best money. Now, Bitcoin is an international currency. ![bitcoin-3215526__340.jpg](https://cdn.steemitimages.com/DQmZGhtniNnQYJudxUoWtfUDVUrcjwh6JQjVuS59doyfokx/bitcoin-3215526__340.jpg) [source](https://pixabay.com/en/bitcoin-crypto-currency-currency-3215526/) Though, Bitcoin has many positive features, it has some negative features, too. Traders are always careful about Bitcoin’s volatility. We can see various news agencies are trying to focus on mainly negative impacts of Bitcoins. If you want to start Bitcoin trading, you have to have certain knowledge about Bitcoin, its market. Another important issue is that you should be very careful in maintaining Bitcoin account. In my writing ,I have tried to focus different factors of Bitcoin so that it can be fruitful and handy for the readers. If you have any advice or question regarding this issue, please feel free to comment. Your comments will be highly appreciated.
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# My idea of Bitcoin was not the same. After reading your text, I've discovered something about Bitcoin. Thank you very much. Hopefully let us know more about this post.
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mdabu | 0 | 500,085,086 | 100% | ||
oliviaemma | 0 | 574,160,304 | 100% | ||
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Thanks a lot....
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hello brother how you get $3.35 upvote plz tell me
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