Bit-growth

05/03/2022

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06/07/2020

What is Bitcoin?

Bitcoin is a digital currency created in January 2009 following the housing market crash. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto. The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.

There are no physical bitcoins, only balances kept on a public ledger than everyone has transparent access to, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of hundreds of other virtual currencies collectively referred to as Altcoins.

WATCH.⬇️

https://youtu.be/41JCpzvnn_0

03/07/2020

Crypto Mobile Apps Are on the Rise in India Following Supreme Court Decision

Crypto businesses keep showing interest in the Indian market by attracting users through products like mobile apps.

India’s crypto developers have begun to release new mobile apps, following a positive ruling by the nation’s Supreme Court with regard to blockchain technology. The Court’s decision reversed laws that previously prohibited banks from providing services to crypto traders and businesses.

A growing interest in the Indian crypto market

B21, a digital asset investment company, recently launched their own Blockchain investment portfolio app in light of these changes. They claimed that the Supreme Court of India's announcement "has led to renewed interest in digital asset investing and a spike in exchange trading volumes" in the country.
Speaking with Cointelegraph, Nitin Agarwal, founder and director of B21, commented on the technology’s market potential in India, following the Supreme Court's decision:

"The decision in India has helped us focus on partnerships and marketing in India, as we see a large population which are smartphone savvy and also a large emerging class of investors looking for investment opportunities which previously were not available to them."

Will crypto remain legal in India?

B21's founder stated that India has "a lot" to contribute to the development of crypto-assets and the emerging blockchain ecosystem.
The Supreme Court's decision on cryptos in India could still face future challenges, however. Cointelegraph reported on June 12 that the Indian Ministry of Finance has proposed a ban on cryptocurrencies within the subcontinent.

02/07/2020

https://www.investopedia.com/terms/b/bitcoin-mining.asp

Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to Proof-of-Work and mining pools.

30/06/2020

Bitcoin’s ROI Since 2015 Outperforms Five Major Indices by 70X

Analyst Justinas Baltrusaitis says Bitcoin’s return on investment from 2015 to 2020 puts the digital asset ahead of many traditional markets

30/06/2020

Israeli Blockchain Startup Offers ‘Undo’ Button for Bitcoin Transactions

A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address

30/06/2020

Survey Shows 42% of Investors Expect a $15K Bitcoin Price in 2020

A staggering 57% of respondents said that they buy and hold cryptocurrency as a long-term investment

30/06/2020

Chinese Bitcoin Mining Giant Ebang Is Launching an Offshore Exchange

Ebang, the world's second largest maker in bitcoin mining equipment hopes an exchange could double total revenue by 2022.

30/06/2020

Bitcoin Facing Greater Price Volatility Than Ether in Q3, Options Market Data Suggests

Options market data suggests bitcoin could become more volatile than ether over the next three months.

30/06/2020

India just banned 59 apps created in China including Tiktok and UC browser

Posted in r/worldnews by u/Never_got_the_joke • 279 points and 16 comments