The exchange rate of popular cryptocurrency Bitcoin surpassed all records, and the price of 1 bitcoin exceeded 10 thousand dollars. The rate of increase in prices is 1258% compared to last year. It is estimated that this year the cryptoconference market increased by 316 billion dollars.
Suddenly, security and economic analysts began to find reasons for this growth.
Bitcoin is a sign that was created after the transaction. Satoashi Naakamoto introduced this coin system in 2008. After peer-to-peer transactions, a server named Bitcoin Miner is protected. Once the transaction is done, its central server users update their account. As soon as a transaction takes place, another bitquane is created.
There are many divisions in Wall Street on investment in Bitcoin, but it is becoming increasingly popular day by day.
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So many people talking about how high the price of bitcoins rised. It becomes more interesting when we try to get why, how, and until when it can rise. :)