Falling reasons of bitcoin

in #steem6 years ago (edited)

images (4).jpegThe Bitcoin is what is called a cryptocurrency—money that is completely virtual and is neither distributed nor regulated by a centralized government. The crypto part of cryptocurrency refers to the heavy cryptography (encoding) used to request, confirm, and record the transactions within the context of a decentralized system. The advantage of the system is that two parties can exchange payment without the use of a third party (such as PayPal, VISA, banks, or the federal government) to validate the worth of the currency. The More importantly, by replacing the third party with the cryptographic proof of the transaction, both parties can remain completely anonymous. The relationship between the national governments and cryptocurrencies such as bitcoin is dynamic and ranges from being ignored, to being outlawed, to being taxed.
Manipulation-
Fearing that market manipulation may play a factor in the value of cryptocurrencies, the United States Department of Justice launched a criminal probe at the end of May into whether traders were manipulating the price of bitcoin and other digital currencies.

This page is referred to This https://www.gotquestions.org/bitcoin-cryptocurrency.html
Link

Sort:  

Very well written article! You have a talent, develop it. I follow you, I'm always glad to make new acquaintances, I hope you will follow me.

Thankyou @veseloff I'll definitely follow you back

Welcome to Steem, @ravisinghmar!

I am a bot coded by the SteemPlus team to help you make the best of your experience on the Steem Blockchain!
SteemPlus is a Chrome, Opera and Firefox extension that adds tons of features on Steemit.
It helps you see the real value of your account, who mentionned you, the value of the votes received, a filtered and sorted feed and much more! All of this in a fast and secure way.
To see why 2981 Steemians use SteemPlus, install our extension, read the documentation or the latest release : SteemPlus 2.17.6 : Tips on Busy and bug fixes.

Nice short and to the point article. I like it Welcome to Steemit!

Coin Marketplace

STEEM 0.25
TRX 0.19
JST 0.037
BTC 91911.91
ETH 3307.29
USDT 1.00
SBD 3.71