Uploaded on Dec 13, 2017
Bitcoin is cryptocurrency, because it uses cryptography to control the creation and transfer of money. Read more about Bitcoin.
Growth of Bitcoin
Bitcoin
GROWTH
OF
BITCOIN
WHAT IS BITCOIN?
Bitcoin is a cryptocurrency and worldwide
payment system. It is the first decentralized
digital currency, as the system works without a
central bank or single administrator. It is a Peer-
to-Peer Electronic Cash System. In simple
words, Bitcoin is an open source software to
transfer money over the internet.
HISTORY OF BITCOIN
2008 - Bitcoin was invented by an
unknown person or group of people under
the name Satoshi Nakamoto.
2009 - The Bitcoin released in January .
2010 – Bitcoin is valued for the first time.
HISTORY OF BITCOIN
2013 – After the price of one Bitcoin
reaches $1,000 for the first time, the price
quickly begins to decline.
2017 - Bitcoin reaches $8,000 and
continues to grow
THE BITCOIN TRANSACTION LIFE CYCLE
BITCOIN PRICES OVER THE LAST 3 YEARS
$0
$4,500
$9,000
$13,500
$18,000
Nov 2015 Nov 2016 Jan 2017 Aug 2017 Dec 2017
BENEFITS OF BITCOIN
Faster Payment
Lower Transaction Fees
Independent of Governments
Elimination of Chargebacks
Protection Against Inflation
Ownership of Currency
Ethereum (ETH)
Zcash (ZEC)
Dash
Ripple (XRP)
Monero (XMR)
BITCOIN COMPETITORS
1 BITCOIN EQUALS TO WORLD CURRENCY
1 Bitcoin = 17110.24 US Dollar
1 Bitcoin = 21997.62 Canadian Dollar
1 Bitcoin = 1107938.34 Indian Rupee
1 Bitcoin = 22579.88 Australian Dollar
1 Bitcoin = 14548.16 Euro
1 Bitcoin = 133565.14 Hong Kong Dollar
1 Bitcoin = 113756.85 Chinese Yuan
THANK YOU!
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