What is Bitcoin?

Bitcoin is a currency "virtual", it allows users to purchase goods and services vu.Bitcoin is a phone app or a computer program that provides an individual Bitcoin e-wallet and allows the user to transfer or Bitcoin getting together quickly and easily at no cost. 
Approximately 12 million Bitcoins in circulation in the market. At Bitcoin has increased 5,168% this year and is currently trading at 680 USD for 1 Bitcoin. Bitcoin copper prices fell nearly 45% from a record high of $ 1,245 a exchange Gox Bitcoin Mi floor in October. 

* The popularity of the Bitcoin. 
The analysis and evaluation of electronic money increasingly popular. A university in Cyprus or a number of businesses such as grocery, website 
travel, convenience stores and guitar repair shop accepts payment in Bitcoin contract. and a consistent 
Billionaire Richard Branso is describing Bitcoin "currency exciting." Definition of Bitcoin was added to the Oxford dictionary online this year and the number of searches on Google sites for this currency is increasing. 
Bitcoin is subject to investment credible? 
Winklevoss brothers that investing in Bitcoin entirely credible. They are now major investors in the Bitcoin market and want to make a Bitcoin exchange traded fund (ETF) to approach investors. Similarly, the investment bank JP Morgan largest world have approached the creation of co Bitcoin own style, a different kind of electronic money. 
"Investors are choosing and will select the new form of investing in Bitcoin, due to concerns about the risks of the traditional forms of investment as the housing market"
 Minar: The Bitcoin square measure in what square measure referred to as blocks, that square measure generated between all network nodes. once a network node generates a block mechanically earn fifty Bitcoin. For a block to be accepted by the network to calculate a hash with given level of issue control the network itself, that is adjusted in step with the amount of users undermining for the quantity of Bitcoins discovered not grow, however keep it constant. the simplest means is to travel to get http://www.bitcoin.org, transfer the consumer, and also the configuration menu choose the Generate bitcoinspossibility. As undermine self is extremely slow services square measure mining pools. essentially is that a lot of miners along and once one generates a block, bitcoins square measure distributed in proportion to the time and power provided. thus you 'll get your mined  Bitcoins in an exceedingly few hours. the foremost noted square measure http://mining.bitcoin.cz and http://deepbit.net/.