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Thursday, November 30, 2017

BitCoin

                                         Mind blowing -Facts

            Predictions about BitCoin

  • Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator
  • CoinsUnspent outputs of transactions denominated in any multiple of satoshis
    11000millibitcoin
    1100000000satoshi
    Date of introduction3 January 2009; 8 years ago
    CodeXBT
  • Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator. Wikipedia
    CoinsUnspent outputs of transactions denominated in any multiple of satoshis
    11000millibitcoin
    1100000000satoshi
    Date of introduction3 January 2009; 8 years ago
    CodeXBT

  • Satoshi Nakamoto is a Pseudonym. The reason the name "Satoshi Nakamoto" became associated with Bitcoin is that it was listed as the author of a white paper that was distributed to the cryptography mailing list. ( via Bitcoin.org)
  • A former spaceX intern claimed that Elonmusk is the founder of THE FOUNDATION OF BITCOIN,but musk denied it comment ,""not sure ,a friend sent me a part of bitcoin a few years before,but i don't know where it is".
  • Rupees 100 invested in bitcoin in the year 2010 is now worth rupees 2.3crores in 2017
  • Bitcoin traded at $13,900 in  Zimbabean exchange
  • Bitcoin mining consumes more electricity than 159 countries,according to cryptocurrency analysis website digiconimist.It reported that if bitcoin miners were a country they would rank 61th.If the consumption increased at this rate ,bitcoin mining is expected to use all world's electricity by feb 2020
  • Bitcoin hit $11000 just 12 hours after reaching $10000
  • Bitcoin could easily reach $40000 by the end of 2018,hedge fund legend novogratz say!

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