OMG! Bitcoin Crashed!
The virtual currency bitcoin has already reached worth $19,000, but since the end of last year, the scenario has changed a lot. In January 2018 the currency still managed to rise up to 16,500 dollars but after that, the values never reached such values.
What is Bitcoin?
We can refer in generic terms that it is a virtual currency created in 2009, based on the peer-to-peer (P2P) system. P2P is a system that does not provide for centralized authority to control currency or transactions, as with other currencies (for example, the INR. is controlled by the RBI). Instead, money creation and transfers are based on an open-source network in encrypted protocols that form the basis of Bitcoin’s security and freedom, making transactions instantaneous among users.
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