Tuesday, 23 September 2014

Bitconins the new virtual currency

the most surprising fact that current exchange rat for 1 bitcoin =$430, in bitxindia it was Rs27400, its the highest rate, no currency has that kind of rate..
lot of people are buying bitcoins as a investment, thinking that value will go up in future
bitcoins are stored in digital wallet which is in cloud

bitcoin is a virtual currency , can be used to buy, sell and send money to any other user
the biggest advantage is of the transaction fee, its is very low and many times its zero

lot of government are against of bit coins, since it is decentralized and govt has no control over it.bitcoins are not tied to any country or subject to regulation

recently Paypal has allowed biticoins to be accepted for digital delivery goods.

though bitcoins remains future remains unsure, but lot of companies are supporting it, there must be very good reason for that, but goverment is opposing it since they have no control over it and users can do transaction without using there real name

for more info

http://bitcoin.com/
http://www.forbes.com/
https://btcxindia.com/
https://www.unocoin.com/
https://bitcoin.org/en/











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