Tag: Bitcoin

Bitcoin is a decentralized global peer-to-peer network.

It can provide different ways of transactions, online payments, cheap international transactions etc.  It is transparent and open to everyone 24/7.

To put it briefly, it is the first widely spread implementation of a paying system, which is not controlled by any global government.

Unlike governmental organisations and banks print or generate practically unlimited new money, Bitcoin has a limited available amount of 21 Million coins. At the moment there are about 18,2 millions of coins manufactured, but the last Bitcoin will probably be mined on May 7th, 2140.

Bitcoin is also abbreviated as BTC or XTB. It can be divided down to 8 decimal places. Therefore,  one hundred-millionth 0.00000001 BTC is the smallest amount that can be handled in a transaction. The smallest unit is unofficially named Satoshi.

Bitcoin emerged in 2008 as the first cryptocurrency.

Since then a lot has happened and we would like to make a brief review about it.

BTC was invented by a mysterious person or organisation named SATOSHI NAKAMOTO. Their identity is still unknown and we believe it will never be revealed.

Nakamoto has stated that work on the writing of the code for Bitcoin began in 2007.In August 2008 he or a colleague registered the domain name bitcoin.org,and created a web site at that address. In October 2008, he published a paper on the cryptography mailing list at metzdowd.com describing a digital cryptocurrency, titled Bitcoin: A Peer-to-Peer Electronic Cash System.

On January 3rd, 2009, Satoshi Nakamoto launched the platform by generating the first bitcoin block, called “Genesis Block”.

On October 5th, the first exchange rate was given on the New Liberty Standard platform.  1309.03 (ONE THOUSAND THREE HUNDRED NINE point 03

BTC for 1$. This price was established by calculating the price of electricity spent to undermine this quantity of bitcoins.

 

Bitcoin – Bear and Bull Scenarios


The Bitcoin price is consolidating around $19,000 as traders brace for a possible pullback.

The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec. 4, with traders becoming increasingly uncertain about what’s next for BTC/USD.

Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S. dollar is showing signs of a possible recovery.

Bitcoin Price

Others, however, expect the crucial $18,500 support level to hold, which would likely set up BTC to retest the key $20,000 level and a new all-time read more

Start with paraiba world

Your start with Paraiba World

Start with Paraiba World

Hello paraiba world community, some of you must be wondering how do I start with paraiba account?

Well first you need to ask your upline about further details. Since he is the one that brought you to paraiba he should have more details about everything.

If he doesnt answer all of your questions then he should go to his upline.

You see where this is going,in order to keep support team out of trouble and unnecessary questions your sponsor should help you out.

Its not possible to register to paraiba without a referral link so your upline should get an email once you have registered under him and he read more

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