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BITCOIN PRICE CLOSES IN ON NEW RECORD HIGH AS ANALYSTS PREDICT ‘PERMANENT HIKE’ IN 2021

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  Bitcoin   is in the middle of its fourth major price surge of 2021 and is close to hitting a new all-time high, with some analysts predicting that this rally could be different to ones that have come before. https://www.amazon.com/gp/product/B07SRVV8V4/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B07SRVV8V4&linkCode=as2&tag=mevlan02-20&linkId=59bf28bc9d9ad6c3eab5584de1c47ab0 The cryptocurrency was trading close to $60,000 on Thursday – up by more than 1,000 per cent since March last year and just $1,500 off the record it hit on 14 March this year. The market movement has been spurred on by massive institutional investment in recent months, which has led experts to claim that the gains made so far will be sustained for the long-term. “Bitcoin has been on an epic rally since last October. Almost week-on-week, the price has been smashing through barrier after barrier, reaching new highs,” said Nigel Green, CEO of financial advisory firm deVe...

All About BitCoin

How to buy, send and invest in the digital currency “Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.” Nassim Taleb, author of The Black Swan How do people use bitcoins? It is an electronic or digital currency that works on a peer-to-peer basis. This means that it is decentralised and has no central authority controlling it. Like currency notes, it can be sent from one person to another, but without a central bank or the government attempting to track it. The system depends on cryptography to control the creation of the currency. While no one authority controls the generation of the coins or tracks them, the system itself is designed in such a way that the network maintains a foolproof system of the record of every transaction as well as tracking issuance of the currency. The beauty of this cryptocurrency is that if you receive a bitcoin from another, you can be as sure of the payment as you would on receivi...