Bitcoin price, charts, marketcap and other stats

Bitcoin
BTC
$ 20,346.00
1.00000000 BTC
Marketcap
$ 389,813,320,566
Volume (24h)
$ 30,836,160,762
Circulating Supply
19,170,650 BTC
Total Supply
21,000,000 BTC

Disclaimer: Crytpo’s Community content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

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What is Bitcoin?

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. It was created by an anonymous person or group of people with the nickname Satoshi Nakamoto in 2009 as an open source project.

To understand the Bitcoin blockchain we can imagine a book, where each page number contains a signature that can validate the content of that page and its previous one. This signature is computed by an algorithm known as SHA-256 and cannot be reversed. In other words we can calculate the A-256 signature from some content, but we can’t get content if we know its SHA-256 signature. Back to the example with the book: if we tear out a page from the book, we can easily understand that a page is missing. The same is with adding an inexistent page. All the pages are copied between members of the chain, and this is why the Bitcoin Blockchain is considered a distributed network.

Bitcoin is an open source project maintained by a developer team with over 580 active contributors. The code of the chain is available on Github. The main purpose of Bitcoin was decentralized but trusted, low fee money transactions between people and businesses around the world. Nowadays over 100.000 vendors accept Bitcoin for payments. And there are between 2.9 and 5.8 million unique users who actively use Bitcoin cryptocurrency wallets. The price of Bitcoin can be very volatile due to speculation and has changed in the past more than +/-20% during a single.

Bitcoin price today USD


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Buying Bitcoin or other cryptocurrencies is much easier and faster than you might think. In addition, more than 90% of deposits are recognized within 1 hour.

What is current Bitcoin price?

Bitcoin price today $ 20,346.00

How does Bitcoin price determined today?


It is supply and demand that determines the value of Bitcoin. It can only be made in a certain number. Increasing demand for Bitcoin will lead to a rise in its value. He’s been bought out for a lot of money in order to spread out his investments, acquisitions, and transfers to other countries.

How does Bitcoin work?


After purchasing Bitcoin and storing them in your virtual wallet, you may transfer them to another wallet, corporation, or shop. This transfer is made possible using Blockchain technology, which is a data structure that provides financial accounting or transaction records. To guarantee authenticity and manipulation, each transaction is digitally signed.

Why buy Bitcoin?


There are various benefits to utilising Bitcoin, including: The ability to send any amount of money to any location in the globe at any time. You pay a fee of your choosing to miners, who prioritise the transfer according on the fee amount. If you pay more, the transfer may be completed in a matter of minutes; if you spend less, it may take many hours. The transfer confirmation is trackable online. Possibility of expansion. Bitcoin is exploding, as are several altcoins, or alternative virtual currencies. It is a fantastic investment choice for both saving and waiting for growth, as well as carrying out day trades, which are short-term operations of buying and selling or selling and purchasing in order to profit from price changes caused by cryptocurrency swings. The benefit of stock trading over day trading is that it can be done at any time of day.

How to buy Bitcoin?


To purchase Bitcoin, sign up with a virtual exchange, make a bank transfer to the firm, and then purchase Bitcoin online using the exchange’s website. It is possible to purchase a whole Bitcoin or a part of a Bitcoin (for example: 0.541 Bitcoin). It is also possible to make P2P purchases (buying from someone else). We recommend that you ask for references from the seller before purchasing their Bitcoins and other currencies.

How to sell Bitcoin in USA?


One method is to trade your Bitcoin for real money and have her deposit the money to your bank account. It is also feasible to sell P2P (to another person) and have them transfer funds to your bank account or send you pay slips. Remember to get references from the vendor. Most have Facebook accounts or group postings with testimonials from previous customers.

How to safely store your Bitcoin?


Bitcoin is an extremely secure money. To be extra cautious, avoid leaving your Bitcoin on exchanges, learn how to make the best paper wallet, and put your private key in a safe or something similar so that it is not readily found or comes into touch with water or anything else that might harm it.

What is Bitcoin mining and how does it work?


Mining Bitcoin means creating new Bitcoin. To mine Bitcoin, one tends to use computers with high processing power in the pool. They are on 24/7 to mine blocks. The pool that forms a block earns a reward in Bitcoin.

What is the total Marketcap of Bitcoin?


As of today, total marketcap of Bitcoin $ 993,036,848,238

What is the total  volume of Bitcoin?


As of today, the Total volume ofBitcoin $ 59,239,448,532