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Bitcoin

10
Predicted performance
Price prediction in 3M

45,289.31 16.31%

Historical
Future
78%
Users opinion

Mostly positive

Based on 20 votes
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What is Bitcoin all about

What is Bitcoin all about

All-Time High • Oct 19 2021

54,488

All-Time Low • Jul 05 2013

51.3

Market Cap

1,008,687,749,316

Market Cap 24h

22,467,161,358 +2.28%

Total Volume

33,717,439,185

Circulating Supply

18,848,062

90%
Max Supply

21,000,000

All Time High Change

-0.45%

All Time Low Change

+105636.96%

Bitcoin is the original cryptocurrency and the first use case of the technology of blockchain. The digital currency was created in 2009 by a person, or group, under the pseudonym of Satoshi Nakamoto.

Bitcoin was created in response to the banking collapse of 2008 and was intended to be a peer-to-peer electronic cash system that would not have to rely on banks and rather would be run through a decentralized network.

Bitcoin is often seen as the future of money, or certainly the evolution of it, as it provides a financial system that cannot be manipulated by one central authority. It provides anonymity in transactions, and is entirely borderless and global — as well as only existing digitally.

The popularity of Bitcoin has seen it grow to become a much sought after investor asset as its market is not only volatile, but also explosive. In 2017, the coin reached a high of $20,000 but managed to blow past that number in December of 2020 after being valued at mere cents in its early years.

Bitcoin Profit Calculator

Bitcoin Profit Calculator

Date of investment

27.04.2013

Initial investment

EUR

Bought

BTC
NaN%

Today's value would be

0
52346.94%
Investment
Profit
Questions & Answers

BTC Questions & Answers

What is the current price of Bitcoin?

Osom expert

Currently, the price of Bitcoin is 54118.00 EUR.

What was the price of Bitcoin at its highest?

Osom expert

We saw the highest spike in the price of Bitcoin on 2021-10-19, at 54488.00 Euro.

Is Bitcoin popular online?

Osom expert

3445988 users engaged in discussing Bitcoin online on Reddit in the last 2 days. Bitcoin's official Twitter profile is currently followed by 3432581 users.

What will Bitcoin cost in three months time?

Osom expert

According to our short term price prediction we estimate the value of Bitcoin is likely going to reach between €34317.22 and €50763.47 in 3 months time.

What will Bitcoin cost 1 month from now?

Osom expert

Based on our short term price prediction, we estimate that the price of Bitcoin will be anywhere between €34735.97 and €45441.46 next month.

What will the price of Bitcoin be 6 months from now?

Osom expert

Long-term forecasts are extremely difficult to make, but using our price prediction algorithm we estimate Bitcoin's value is likely going to be between €34317.22 and €57936.93 in half a year.

Can I use Bitcoin like money?

Bitcoin has the potential to be used like digital cash, but it mostly depends on retailers and merchants accepting it. There are also third-party providers that allow Bitcoin to be spent via debit cards, acting as an intermediary between customer and merchant.

Can I use Bitcoin like money?

Osom expert

Bitcoin has the potential to be used like digital cash, but it mostly depends on retailers and merchants accepting it. There are also third-party providers that allow Bitcoin to be spent via debit cards, acting as an intermediary between customer and merchant.

Who controls Bitcoin?

Osom expert

Bitcoin is not controlled by any one person or group, it is an open source technology that can be changed and adjusted depending on the will of a majority of users. Bitcoin is changed and upgraded depending on consensus among users, once the majority agree, developers work to enact these changes.

Is Bitcoin anonymous?

Osom expert

One of the core tenets of Bitcoin is its privacy. It allows users to send and receive payments with certain levels of privacy, but is not entirely anonymous. All Bitcoin transactions are publicly recorded and available, meaning it cannot be as private as, for example, cash.

What determines the price of Bitcoin?

Osom expert

The price of a Bitcoin is determined by simple supply and demand. Because Bitcoin is a finite resource, and the number of coins in circulation, and new coins are created at a predictable and decreasing rate, the entire system is made to have decreasing supply and increasing demand to move the price higher.

Is Bitcoin trustworthy?

Osom expert

Bitcoin is often referred to as trustless. This means that there is no traditional requirement for trust — like in the banking system — and rather the system’s ‘trust’ derives from mathematical equations. Payments, storage, transactions and movement of Bitcoin is all done through transparent, secure, and immutable cryptography.

How do I get Bitcoin?

Osom expert

Bitcoin, as a digital asset, can be received in exchange for goods or services; it can be purchased with fiat money. Bitcoin can also be exchanged for other cryptocurrencies and people can even earn newly minted Bitcoin by mining it.

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