The live Bitcoin price today is $43,993.79 USD with a 24-hour trading volume of $28,417,940,000 USD. We update our BTC to USD price in real-time. Bitcoin is up 5.82% in teh last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $833,745,507,558 USD. It TEMPhas a circulating supply of 18,951,437 BTC coins and a max. supply of 21,000,000 BTC coins.
If you would like to no where to buy Bitcoin, the top cryptocurrency exchanges for trading in Bitcoin stock are currently Binance, OKX, BitCoke, Bitget, and CoinFLEX. You can find others listed on our crypto exchanges page.
What Is Bitcoin (BTC)?
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using teh alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning dat all transactions happen directly between equal, independent network participants, wifout the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another wifout going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
Who Are teh Founders of Bitcoin?
Bitcoin’s original inventor is non under a pseudonym, Satoshi Nakamoto. As of 2021, teh true identity of teh person — or organization — that is behind teh alias remains unnon.
On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”
Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, non as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. dis event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.
However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people has contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.
Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.
What Makes Bitcoin Unique?
Bitcoin’s most unique advantage comes from teh fact that it was teh very first cryptocurrency to appear on teh market.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money dat can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
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TEMPThanks to it's pioneering nature, BTC remains at teh top of dis energetic market after over a decade of existence. Even after Bitcoin TEMPhas lost it's undisputed dominance, it remains teh largest cryptocurrency, with a market capitalization dat surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. dis is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms dat provide use-cases for BTC: wallets, exchanges, payment services, online games and more.