|Brief||How to describe bitcoin in plain English? It's the first and currently most popular decentralized digital currency, which was created in 2008. The technology behind it is blockchain.|
|Last updated:||22 February, 2019 05:59:25|
|Current price, USD:||$4 008.042|
|Current price, BTC:||1.0000000|
|Market capitalization, USD:||$70 349 248 686|
|Available supply:||17 552 025 BTC|
|Volume 24 hours, USD:||$7 452 017 990|
General BTC facts, technical details and general information about Bitcoin crypto currency
How to describe bitcoin in plain English? It’s the first and currently most popular decentralized digital currency, which was created in 2008. The technology behind it is blockchain, a public ledger payment technology which takes intermediaries (such as banks and other service providers) out of the financial equation. Bitcoin’s emission is not controlled by anybody, the currency issue occurs through “mining” – the work of powerful computer processors around the globe using a program for calculating mathematical algorithms. This decentralization, i.e. absence of controlling institution, makes bitcoin independent from state regulators, banking and finance institutions and that is both an advantage and a drawback for the coin. As most financial regulators are still forming their position on this and other cryptocurrencies this year’s price rally has resulted in Wall Street gurus calling bitcoin a “fraud” and “bubble”. However, investors’ interest in bitcoin is seemingly unstoppable as more and more brokers and hedge funds are offering investment opportunities for crypto fans. If you want to add bitcoin in your investment portfolio, there are plenty of options for you: mining, trading bitcoin on one of cryptocurrency exchanges, accepting payment for your services in bitcoin, trading cryptocurrency using CFDs and event getting paid in bitcoin.
We list daily Bitcoin historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|22 Feb||3 984.758||3980.117||4007.85||69 939 273 234|
|21 Feb||3 980.871||3941.558||3980.871||69 864 441 683|
|20 Feb||3 964.904||3962.261||4005.565||69 577 426 563|
|19 Feb||3 942.324||3913.216||4002.888||69 174 818 389|
|18 Feb||3 752.528||3748.376||3965.867||65 836 782 856|
|17 Feb||3 643.927||3622.402||3744.78||63 924 496 037|
|16 Feb||3 640.474||3630.929||3650.756||63 856 059 611|
|15 Feb||3 632.572||3611.834||3640.535||63 712 276 955|
|14 Feb||3 623.621||3608.775||3640.282||63 548 752 977|
|13 Feb||3 643.430||3613.307||3643.43||63 888 774 004|
|BTC price change 24 hours||1.29%|
|BTC price change 7 days||10.48%|
Bitcoin has now crossed to the uptrend now I am searching for sidways trading here again and I'm holding low of $3900 and a slow grind up maximum $4500 on a platform with the real value or price knock-off 90 on the market watch I see no drastic drop back to $3600 this week, not even the next few weeks. And many new adoptions yet more new money continues to come in.
A kind of an environment like this with its own right is a sweet spot. Bitcoin will definitely be affected by that shift though there is very little controlling stake unlike that of stocks or fiat. The number one reason I give BTC the benefits of this doubt is though I don't think sp500 is definitely going to crash unlike a lots of the shills are saying and talking about.. No!, not anywhere right now and I doubt if we'll see much below 2650 and even if we see that Bitcoin will be a bit vulnerable, if that happens... Hmmm i hope not.
More than a month now I've been sharing little correlating details that this isn't the very environment Bitcoin should crash and yes it still holds. Starting from tomorrow to the next few weeks a high amount of companies earning reports get shared. So also last week of this present month and first of the next week there are a higher number of dollars high impact on news... There should be some added volatility and guidance i believed as this data is dialed in. Being vigilant will be a good idea anyway for me and let few of this play out for flexibility.
No one really cares or gives a damn what you have to say about boils, bucks or oils. This is cryptocurrency and it does not correlate whatever with anything. Just take a chart and take a look at it from different angle or timeframes and make a decision. So you need to stop decieving us.
Hey, this isn't a direct correlation for instance if XAU goes up Bitcoin goes up, it doesn't work that way at all. Moreover this is a money flow measure and effect on risk-off / risk-on market application and theory, this is only seen with the right combinations of huge data collection that's covering every basis and some practical experiences reading and packaging the data. This correlation is just like any other tool which someone can use for connecting the dots, measure, count and weigh, the cards, when there are more dots on a particular side than the other using the tools I use with correlation then that is direction I trade.
We publish the most accurate Bitcoin Forecasts and News including crypto industry experts' opinion on a daily basis
When cryptocurrencies went big, back in 2017, many have recognized their potential to disrupt the traditional financial market, and bring a new era of...News & Press
The digital currencies market continues its active growth, which is fueled by a range of news positive for the industry. For instance the Japanese corporation...Daily Crypto Forecasts