Bitcoin

Bitcoin is a virtual currency that uses the Block chain technology. By this technology, it is the first decentralized currency. That would say that he does not use a third body that manages everything. The founder, who calls himself Nakamoto, has put online a user manual in 2009 and the rest happened by itself. Meanwhile, the currency is not more from the society to think and can make you look already in many places pay.

Advantages

It is a decentralized currency leaving no regulatory authority is that the value of the currency. It is purely the market doing its job and doing the job well for the time being. Its value remains but the height.

The purchase of bitcoins is very easy, you can create an account for free on the websites and the transaction fee for purchases is very low.

By the Block chain technology is the Bitcoin a very safe currency. There are a number of heavy computers that verify all transactions and no errors possible. If the system is not carried by an error notice.

The Block chain is a public book in which all transactions be published so is commit fraud impossible since you can check everything.

Disadvantages

The block chain behind the Bitcoin goes slow. A transaction takes about 10 minutes before he has been verified. This is because there are so many people who invest and he fully in Bitcoin on.

The Block chain technology can only enter transactions in the form of on/sale of the Bitcoin. There are therefore no further possibilities.

There is no third body that helps you in this world. If you lose your wallet are you also lose everything. Here there is no possibility of your wallet somewhere.

Buy coins

It is very easy to create an account, if you are interested in buying bitcoins click here.