Bitcoin current price is $40,082.00.

bitcoin Bitcoin (BTC)

$40,082.00
5.26% (24H)
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Market CapVolumeAvailable Supply
$752.31 B $43.02 B18.77 M BTC

Bitcoin current price is $40,082.00 with a marketcap of $752.31 B. Its price is 5.26% up in last 24 hours.

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority or banks.

Bitcoin is design to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.

Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.

The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.


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10 Bitcoin (BTC)
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A Bloviating Nocoiner Emits More Carbon Per Day Than Half a Dozen Bitcoin Transactions, According to CoinCorner Research

https://www.btctimes.com/news/nocoiner-uses-more-energy-than-lightning-network

OPINION: "Those who dismiss bitcoiners say we’re preparing for an apocalypse that will never come. To which I’d simply say: look at Lebanon."

via @obi

https://www.btctimes.com/news/what-if

Fiat organizations like the IMF are self-serving groups that try to prevent the financial empowerment #Bitcoin brings to the people because it will highlight their failure as an institution and accelerate their descent into irrelevance.

https://www.btctimes.com/news/imf-blog-adopting-bitcoin-as-legal-tender-a-step-too-far

Adopting #Bitcoin as a national currency is an “inadvisable shortcut” that brings "substantial risks" for financial stability and the environment, the directors of the IMF’s monetary and legal departments wrote in a recent blog post.

@ItsTwoTM reports

https://www.btctimes.com/news/imf-blog-adopting-bitcoin-as-legal-tender-a-step-too-far

A recent report on an investigation of Tether by the Department of Justice is "based on unnamed sources and years-old allegations, patently designed to generate clicks," Tether has told the BTC Times.

https://www.btctimes.com/news/tether-comments-on-investigation-reports

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