Introduction of Cryptocurrencies
What is Bitcoin? Isn’t this Bitcoin issue just another bubble?
What is Bitcoin?Bitcoin is the world’s first cryptocurrency, developed in 2009.

In 2009, the price of 1 Bitcoin was $0.0001, while in year (October) 2017, the price of one Bitcoin was $6.658.-

You can find the actual daily exchange rate here:
http://www.xe.com/currencyconverter/convert/?Amount=1&From=XBT&To=USD

Bitcoin is not regulated by a Central Bank, so people won’t be flood with it, which would cause inflation.

The value of Bitcoin is specified only by demand and supply.
<--back