Here Are 10 Facts About Bitcoin You Didn't Know !!

Welcome to the "The Mumang Blog", this step we will explore 10 facts from Bitcoin that you may not even realize. Cryptocurrency has a turbulent macrocosm so far, even people who have the most (innovative) discipline among us are people who are hard to wrap their heads with bitcoin. This is a warm message and haunts discussions between investors, entrepreneurs, and stock traders. So, you have to interfere in everything, here are 10 facts:

1. Birth of Bitcoin

The origin of the bitcoin trail returned to 2008 when its creator who used the pseudonym "Satoshi Nakamoto" published a proof of concept for bitcoin. The proof was then published to the crypto mailing list in 2009. Well, Nakamoto left the project in 2010 and disappeared. But other developers successfully completed the work. Please note that Bitcoin's birthday is January 3 when Nakamoto mines the first 50 units of his currency.

2. Pizza is Super Expensive

The first transaction involving bitcoin was reported on May 22, 2010, when a programmer identified as Laszlo Hanyecz said that he managed to exchange 10,000 bitcoin for pizza. On November 28, 2017, this 10,000 is worth around $ 99 million dollars, Wow amazing ... It's awesome !!

3. Federal Bitcoins Bureau

At one point the United States government was one of the biggest Bitcoin holders. In 2013 after the FBI closed "silk road", a dark site where people could buy forbidden bidders and other prohibited items. Take over the Bitcoin wallet controlled by the site which stores and seizes 144,000 Bitcoin. Investors have committed murder by bidding on Bitcoin that the government seized.

4. Mountain-Sized Setbacks

At the beginning of 2014, Bitcoin suffered an extraordinary loss that was allegedly released by Japan's "med hook" concept of around 460 million with the value of 2014 being abducted. Most of the bitcoins that have ever existed and caused concern about how safe the currency was at that time.

5. Support and Anti Millionaires

Warren Buffett is probably the most famous investor in the world, not very interested in Bitcoin, "the only time he is different about currencies, stay away ... !!! This is Mirage," he told CNBC. The idea that he has enormous intrinsic value is a joke in my view, the Chief Executive speaks in "morning kisses" preferring words that are even stronger about Bitcoin, "You can't have a business where people will make currencies in This it won't end well someone who was killed and then ordered it. "But not all millimeters are against bitcoin, Mark Cuban says its value is increasing, but recently it has invested in venture capital funds that support crypto.

6. Super Rich and Smart Twin Teens.

Other prominent investors in bitcoin include Cameron; Tyler Winklevoss. The educational Twins of Harvard University graduates who demanded Mark Zuckerberg claim that Facebook was based on the ideas they had. They invested US $ 11 million in 2013, an amount that was said to be about 1% of all bitcoins circulated at that time. When the value of Bitcoin reached more than the US $ 11,000 in early December, the twins were declared the first bitcoin billionaire in the world. And entrepreneur Erik Feynman who invested the US $ 1,000 at the age of 14 and now he is a Millionaire.

7. Celebrities Affected By The Bitcoin Virus

Famous people have put resources into the Bitcoin Star application. Famous people additionally communicated excitement for putting resources into crypto capital. Ashton Kutcher, he contends about cryptographic money that we can emblematically screen each other in an unknown way that truly makes obscurity on the web. We don't have to stress over an Elder sibling. A similar foundation that Bitcoin assembled can be utilized in the security business for mass great. Well, known fighter Mike Tyson added to the advancement and promoting of "The Mike Tyson Bitcoin ATM". "I am respected to have the option to join the bitcoin insurgency with my first bitcoin ATM," Tyson said at the time. In this way, Cryptographic money is never again prominent just among software engineers and innovation designers. An ever-increasing number of big names are likewise bitcoin activists by making ventures and backing in different blockchain-based and computerized coin-based organizations.

8. It Is Prohibited In Some Countries

Countries around the world have a broad view of digital currency or virtual currency. Superpower countries such as America and Britain have shown a positive attitude towards this new technology. Some other countries such as Canada Australia still consider what should be done well, and many others have made their decisions against this digital currency. These countries are Bolivian, China, Egypt, Ecuador, Iceland, India, Russia, Sweden. Thailand and Vietnam. As reported by the BBC Indonesia website, on 7 December 2017 Bitcoin was banned by the Indonesian financial authorities.

The strictness of regulations in a number of countries has made many interested in digital currencies have to go to prison because they are considered illegal, such as in Nepal and Bangladesh. If you look at Japan, the country which is predicted to be the top five strong economies in the world until 2032 by the Center for Economics and Business Research (CEBR) headquartered in London, Britain this nation makes harmony with innovation. Instead of banning, Japan embraces technology by providing high protection to citizens who use digital currencies to transact. Thus Japanese citizens have protection from the free digital currency market.

Maybe, the way Japan does this can be imitated or imitated. Because the possibility of the state will not be able to limit the development of blockchain in the future.

9. Support From Major Financial Institutions

In August 2017, investment in loyalty became one of the financial institutions in embracing Bitcoin. Other oil filling companies use fidelity sites to see ownership of Bitcoin through Coinbase coin service providers. This is an experiment in the spirit of learning what Bitcoin assets are like and how our customers interact with them, listeners told Reuters.

The Russian government through the Russian Federal Tax Agency officially legalized the use of bitcoin and recognized it as one of the circulating currencies in the country as of November 2016. While the Singapore Government has declared that Bitcoin is a means that can be used to buy goods, and various rules related to their taxes apply in this matter. The Monetary Authority of Singapore also requires the exchange of bitcoins and ATMs to the Green list, similar to French Bitcoin law.

10. The Surge in Bitcoin Prices

At the end of November 2018 ago, the value reached the US $ 10000 per unit more, there were around 16.7 million units of Bitcoin. In circulation and the market capitalist cryptocurrency has assets of 67 billion 156 million, 28 November 2017 today is actually higher than Disney McDonald or IDM money. "Bitcoin is a sort of wild creature that can print an expansion of in excess of 20 percent consistently and we have seen this sort of rally towards the finish of 2017 preceding the value falls," Aslam composed (Market examiner with TF Worldwide Markets (UK) Ltd.).

Bitcoin is always a favorite toy for traders who want to cash in with sudden movements. The recent rally may not be more than that. This is because bond yields fell amid concerns about slowing global economic growth.

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