What Is Bitcoin?


 What is Bitcoin?

Bitcoin is a digital currency that was developed by Satoshi Nakamoto In 2009, Bitcoin is the same as other currencies such as Rupiah and Dollar, but Rupiah and Dollar are included as paper currency.

For the current year the price of 1 Bitcoin reaches 100 million, it feels very itchy for us to want to have it, so from that, this blog will provide various kinds of information about Bitcoin.

What I share here is expected to help those of you who are serious about mining Bitcoin via the Internet.

After we know the meaning of what Bitcoin is, and the current value of Bitcoin is very high, surely in your mind a question arises, Why is the price of Bitcoin increasing day by day?.

Okay, about this, I think you can read an article about Why Bitcoin Prices are increasing day by day, there I will explain in more or less detail as possible, and God willing, you can understand.

What Needs to be Prepared?

This digital currency will become a currency that has a higher selling value, and will certainly become a benchmark for buying and selling on the internet, on the Darknet or Deep Web. All stores, even only accept payments with Bitcoin.

The first thing that needs to be prepared for those of you who want to start mining or hunting is that you must have a Bitcoin Wallet, there are lots of wallet provider websites, in Indonesia there is also Indodax.com

After having a Bitcoin Wallet, it's time for you to start hunting.

There are so many methods to get Bitcoin, by way of Cloud Mining, Invest (buy), Foucet and Advertism.

You can also learn one of the ways to hunt Bitcoin on the Internet on the BTC Notes Blog.

btc rising

Why the price of Bitcoin Digital currency can soar in price?, What is the cause?, Why is it possible? What happened?.

Before that you should know What is Bitcoin?

After understanding a little about what Bitcoin is, let's continue to discuss why bitcoin prices can be high.

In the modern era like now, the need for internet is increasingly needed, even I am sure that among you, having a cellphone but not having an internet quota feels so lacking, you can feel it for yourself.

Now Bitcoin can be said. The higher the selling value depends on Internet users around the world, the more people use the internet network, the higher the price of Bitcoin,

The value of 1 BTC to Rupiah can be seen according to the data of this article posted on November 7 2017, amounting to 99 million. This value might be higher if you saw this article far away when it was Posted.

Here are the reasons why the price of Bitcoin continues to rise;

1. Bitcoin Was Created To Deflate

Bitcoin Creator, Satoshi Nakamoto Reveals Bitcoin is designed to continue experiencing deflation. and will continue to be high selling value.

It is undeniable that 1 BTC prediction for 2020 will penetrate 500 million, so start hunting from now on, now there are many methods for getting Bitcoin, by placing ads on blogs, for example, Bitcoin mining can also be Foucet.

2. Bitcoin Follows the Age of Technology

It's very clear, almost everyone has a gadget, and that's why digital money will also be increasingly needed, for example there is an online store, so payments will be made online too.

This online payment will continue to increase, all needs can be purchased through online stores, and in the end it is not paper money that is used, but vertical money, such as ATMs.

3. Paper Currency Will Be Rarely Used Due to Banks, Online Stores, Big Malls and others

Just like reason number 2, it's not even on the internet that uses the Vertical payment method, but in malls near our homes, we must also be able to serve, the payment method using Vertical money via ATM, the reason is easier.

In this way, all large companies participate in doing it, for example your salary, it will be received through an atm, not directly in cash.

Very fast development, now 10 years later, paper money will be greatly reduced in its use, replaced by ATMs.

4. The Global Reserve Currency is losing its value day by day, in contrast to the increasing value of BTC

The Bitcoin market will be flooded with investors, almost all investors will come and buy Bitcoin now, and will be stored for sale in the future.

Dollar $ us will increase Inflation because the supply of goods increases, but its value will decrease every year.


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