Global Bitcoin Market Analysis 2016-2017 and Forecast 2018-2022

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Global Bitcoin Market Analysis 2016-2017 and Forecast 2018-2022

According to the details of Google Trends, Bitcoin is currently being searched from all over the world. They are mainly searched in Nigeria and St. Helena. After that it includes America, Canada and South Africa. Bitcoin has increased 140% in just three months. Bitcoin is at the top of the list with the highest number of virtual currencies worldwide. Bitcoin is a kind of crypto-currency. Today, many crypto-currencies are available in the international market, but Bitcoin is popular among all.

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Traditional currencies are used today in any financial transaction on the Internet, but soon the situation will change and you will be able to use the new currency of Bitcoin when dealing with internet. According to the San Francisco-based Coinbase company, which has a popular platform to deal with virtual currency, Bitcoin’s popularity is growing bigger. It’s not going to be a waste of time, like a computer/internet search; it’s a world-changing search.

If asked what the most expensive currency that exists today is, most people will eventually get answers like Dollars and Pounds. This kind of traditional currency is used today in any financial transaction on the Internet, but soon the situation will change and you will be able to use the new currency of Bit Coin when dealing with internet.

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Satoshi Nakamoto brought Bit Coin into existence in 2009 and its use slowly rose up. Today the 10.71 million Bitcoin exist and whose value is estimated at Rs 210 million US dollars and is growing day by the day. Bring a similar currency transactions on the Internet by the decentralization of currency is the main reason for the existence Bit Coin.

To use the Bitcoin you must need the wallet which you can create online. You can create three types of online wallet. You can create a one or more wallets free of cost.

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