Bitcoin Reaching $17,000

Updated just now. Current bitcoin value is $16,665, 65% from last week's price, $10,000. 

Bitcoin and cryptocurrencies are on the rise and continue to rise this year. Today, the value of a Bitcoin is over $10,000 now. As of now, according to the Coinmarketcap, the price of bitcoin has reached $10,065 per coin, that is up from $800 per coin within the past 12 months with the market cap more than $168 billion.

Besides bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Litecoin, and NEO are other major cryptocurrencies in the market.

Bitcoin is a digital currency also known as cryptocurrency build on top of the blockchain technology. Yes, bitcoin is nothing that you can print, touch, feel, or store in your safe or wallet. Bitcoin is virtual. Bitcoin is nothing but some numbers that are stored on a bunch of computers around the world.

What the hell is blockchain? Blockchain is a way to create, store, and manage digital transactions that are public, secure, and distributed. You can learn more about blockchain here: What is Blockchain.

Bitcoin was created in 2009 by an unknown individual or a group named “Satoshi Nakamoto” to provide a way to pay for transactions without a third party like a bank. The transactions occur between two parties without any middlemen.

There are no transaction fees and both parties are anonymous. When you buy Bitcoins, you get a unique digital address that becomes your identity, and that address is used for every transaction.