Bitcoin Crossed Highest Milestone
Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.
Bitcoins are created as a reward for mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
For the first time, the value of bitcoin passed the $8,000 mark. This milestone arrived just weeks after the cryptocurrency crossed the $7,000 mark. Just a week after crossing the $7000 milestone bitcoin set to reach another milestone November 26, peaking at bitcoin to USD at the rate of $8944. New milestone going to set to by cryptocurrency at $9000 mark when I started writing about the bitcoin milestone it crossed the $8000 mark .
Digital currency or a cryptocurrency continue to rise has just reached $9000 which is last year only $780 at the end of the year 2016. Bitcoin has a good year this year much up and down in bitcoin. Cryptocurrency crossed the $9000 in the same calendar year. People who have bitcoin already have amazed their investment value going high every day. Bitcoin rocket goes up daily creating new milestone .
While many may have expected the bitcoin exchange rate to take a bit of a breather over the Thanksgiving weekend, it appears that the cryptocurrency has continued its upward trend, having just passed the $9,000 mark. Most notably, its peak of $9,000 on November 26th has set a new record.
Bitcoin is ready to set another biggest bubble of time and could reach $10000 very soon due to fast building interest. In retrospect, he may be right much faster than even he anticipated. Check out the price of bitcoin daily if your money to invest than buying some bitcoin for you digital cryptocurrency .