Bitcoin Price Today
Suppose you are looking for the value of the bitcoin. In that case, you can easily use our live price chart for bitcoin with other helpful market data, including Bitcoin's trading volume, daily, weekly, monthly changes, highest and lowest prices, etc. By default, the Bitcoin price is provided in USD, but you can easily switch the base currency to Euro
What is bitcoin
Bitcoin is an open-source digital currency created in January 2009 by an unknown person using the alias Satoshi Nakamoto. Bitcoin offers lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
Each bitcoin transaction is recorded in a public log; it's organized through a network known as a blockchain, which is an online ledger that keeps a secure record of each transaction and bitcoin price all in one place.
Names of buyers and sellers are never revealed ? only their wallet IDs.
There are trends of businesses and individuals using Bitcoin and accepting it as a legitimate payment currency, and their numbers keep growing every day
-Bitcoin could be an investment-you can use bitcoin as an investment channel and thus be affected by its value fluctuations in the market through time
-Bitcoin can be used to move and store money,you can use your Bitcoin just like regular money. Transactions are sent and received directly between one person and another? buy it for personal or business purposes.
Businesses can accept-Bitcoin;if you're a business owner, you can accept bitcoin as a payment solution using a payment gateway (as we provide) for online businesses
-Bitcoin can be a stock you can trade -Whether you've bought, received, or earned Bitcoin, you can choose to exchange it for both traditional (fiat) currencies and also for other digital currencies.
One of the easiest ways to do this is through a cryptocurrency exchange. Create an account with an established exchange and, after verifying your identity, you'll be able to sell your Bitcoin.
want to start exchange cryptocurrencies
Bitcoin market overview
By type, the Bitcoin segment holds the largest share of the cryptocurrency market during the forecast period. Bitcoin was the first cryptocurrency to be developed in 2009; all other currencies developed later are referred to as alternate coins or Altcoins. There are currently over 2000 alternative cryptocurrencies Altcoins, such as Ethereum, Ripple, and Litecoin. Many of the altcoins are built upon the basic framework provided by Bitcoin. Thus, most altcoins are peer-to-peer. They try to offer efficient and inexpensive ways to carry out transactions on the Internet. Even with many overlapping features, altcoins vary widely from each other.
Bitcoin Popularity Chart
True to its origins as an open, decentralized currency, bitcoin is quicker and cheaper, More reliable forms of payment than money tied to individual countries, unlike regular currencies where new money can be introduced in the money supply through Quantitative Easing (QE),
cryptocurrency prices are purely based on supply and demand. There are a finite number of them: 21 million. Satoshi Nakamoto, bitcoin's enigmatic founder, arrived at that number by assuming people would discover, or "mine," a set number of blocks of transactions daily.
New coins are minted every 10 minutes by bitcoin miners who help maintain the network by adding new transaction data to the blockchain.
Every four years, the number of bitcoins released relative to the previous cycle gets cut in half, as does the reward to miners for discovering new blocks.
Bitcoin price history
Bitcoin has a very volatile trading history since it was first created in 2009. Bitcoin initially traded for a small price and only in July 2010 bitcoin went to $0.08 for a single coin. Since then, the currency has gone through many ups and downs until it reached its current value of around $60K at the end of 2020.
Want to find more detailed history of all Bitcoin values in the past, click here
How Bitcoin Began
Aug. 18, 2008:The domain name bitcoin.org is registered. Today, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008:A person or group using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. This now-famous whitepaper published on bitcoin.org, entitled "Bitcoin: A Peer-to-Peer Electronic Cash System" would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009:The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor onthebrink of second bailout for banks,"
Jan. 8, 2009:The first version of the Bitcoin software