Bitcoin is a cryptocurrency, the first open-source in the world that does not require any type of financial institution or anything else to transact. It is not a currency issued by any country's government. It is used online only. The smallest unit of Bitcoin is Satoshi and this name originally came from someone named Satoshi Nakamoto Pseudonym who is the founder of this bitcoin. And the launch of this bitcoin began in 2009. There are various fantasies surrounding this coin and its promoters, which are still unveiled. Let's go this time to some interesting information about Bitcoin:
Demand for Bitcoin:
Many believe that the price of bitcoin never goes down but it is nothing but a misconception. Because the market price of Bitcoin and the market share of the stock market are the same. It can increase at any time and then decrease.
Bitcoin Purchase:
About 90% of people think that if you want to buy Bitcoin, you have to buy that Bitcoin. At present, the market value of a Bitcoin is around the US $ 1, Bangladeshi money is more than Tk 3 lakh. Anyone can buy less than one Bitcoin if they wish. Like 0.01 Bitcoin, even 0.001 Bitcoin. Anyone can buy Bitcoin for up to 8 decimal places.
Is cryptocurrency the only Bitcoin?
If anyone thinks that Bitcoin is the only cryptocurrency then your assumption is wrong because there are many other cryptocurrencies besides Bitcoin. There are many cryptocurrencies like Stellar, Ethereal, and Lit coin. Bitcoin is therefore not the only cryptocurrency. However, in terms of popularity Bitcoin tops.
Transaction Tracking:
One of the most common misconceptions is the people’s lack of ideas about tracking transactions of bitcoin. Many people believe that Bitcoin transactions are a very confidential matter or a transaction, but the truth is that the matter is not primarily confidential but public. So it turns out that it is a misconception that sales are not possible.
Total Bitcoin Supplied:
This information is available on a number of websites on the Internet, with a limited supply of Bitcoin. This is a true idea. A total of 21 million bitcoins will be mined. However, the number of bitcoin transactions can be increased by a fraction of that.
Bitcoin Mining:
Mining is the main source of Bitcoin, which is done through a special type of computer. However, it is a misconception that Bitcoin mining is possible on any computer. And although it is possible, its profit rate will be questionable. Because a lot of computing power and advanced technology is needed to see the profit in Bitcoin mining.
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