Home / Graphic of Bitcoin coin price. Dynamics of costs BTC online, history of values

Graphic of Bitcoin coin price. Dynamics of costs BTC online, history of values

Dynamic and history value of price BTC. Maximal value of price Bitcoin was 12419.9$ - 2020-08-17 16:00:06, Minimal price of BTC was 8949.27$ value and fixed at 2020-06-27 20:00:10. Today price of Bitcoin is : 10660.3$

The concept of Bitcoin (BitCoin) was originally proposed by Satoshi Nakamoto in 2009. According to Satoshi Nakamoto’s ideas, the open source software designed and released and the P2P network built on it. Bitcoin is a digital currency in the form of P2P. Peer-to-peer transmission means a decentralized payment system. Unlike most currencies, Bitcoin does not rely on specific currency institutions to issue it. It is generated through a large number of calculations based on specific algorithms. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors. And use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature of P2P and the algorithm itself can ensure that it is impossible to artificially manipulate the value of coins by making a large number of Bitcoins. Cryptography-based design allows Bitcoin to be transferred or paid only by its true owner. This also ensures the anonymity of currency ownership and circulation transactions. The biggest difference between Bitcoin and other virtual currencies is that its total number is very limited and it is extremely scarce. The currency system used to be no more than 10.5 million in 4 years, and the total number will be permanently limited to 21 million.