bitcoin

The volatility of cryptocurrencies is not very encouraging for sellers of goods. If Bitcoin can lose 70% of its value in a few days, then accepting it as payment is very risky. Let's add to this the ambiguity in the legislation and problems with the tax authorities.

Bitcoin has given its investors a Christmas miracle – since yesterday, the rate of the first cryptocurrency has risen to $ 8,000, overcoming several resistance points.

Bitcoin dropped 3% to less than $6900 in just 15 minutes yesterday! Again: 15 minutes = 3%.

Bitcoin broke its own record for the number of addresses on the network: 28.39 million instead of 28.38 million in January 2018. However, the real number of users differs, because some can store savings on several wallets, while others hold coins on exchanges and funds of a group of users can be on one wallet.

If forecasts and opinions in the crypto industry so often serve as a factor influencing the price of a cryptocurrency, then this is perhaps argument enough to be aware of their trends. 

The money goes. After the Upbit exchange was hacked, transfers of funds from hacker accounts in the amount of over $8 million were noticed. 55 thousand Ethereum (ETH) were transferred to unknown wallets. This amount was transferred in 10 transactions within two hours. 

Bitcoins are also money, not just files on a computer. If some people from our article understood this and learned how to handle electronic money correctly, their fortune today would be thousands of times greater.

Everything related to Bitcoin and cryptocurrencies is directly related to mathematics. Not so long ago, a question was asked about why the creator of the forefather of all cryptocurrencies, Satoshi Nakamoto, decided to issue exactly 21 million BTC, and not any other number. 

Bitcoin owners must read! When you see a QR code, can you find out what is encrypted in it? Of course not. And this fact is actively used by scammers who want to rob you.