HISTORY OF BITCOIN

                                                                               

Who invented it.        It was conceived by the founder of Satoshi Nakamoto in 2009. But until now it is still unknown whether Satoshi Nakamoto really is. The name Satoshi Nakamoto was one afternoon but when he saw his mailing address was in Germany. There are some ideas that have invented it and the name Satoshi Nakamoto comes from various companies. SAmsung TOSHIba NAKAmichi MOTOrola. But it says only. After introducing the bitcoin system he suddenly disappeared like a bubble. Where are the BITCOINs come from.        If a bill is made, the bitcoin is discovered. Satoshi invented a bitcoin but his invention was the only system. Bitcoin is similar to gold mined. Its mining process is the psycholve of mathematical problems or the so-called Blocks, which are repeatedly and difficult to be challenged as the blocks evolve. This process is called Solving the Blocks. The callers are called miners. If any miner blocks the blocks he is rewarded, this is the bitcoin. Each block has a bitcoin equivalent. Once the block is repeated, the process will repeat the process but the computer isolated harder. The mining system is the reason why bitcoin increases the circumcision of the blockchain. In 2009 you can build a bitcoin using only ordinary computers. But now there are special hardware for bitcoin development because today's mathematical problems are harder. Bitcoin is only designed with 21 million units. And today's mining (June 2016) is 15,616,875 or 74.37% of the total. The reward for each block decreases over time. That's why so-called bitcoin halving.

BITCOIN value How does bitcoin have value? Let's go back to the agricultural age. For example you have ten troches that you want to replace a horse. You first have to find a man with a horse and allow him to trade his horse with ten logs. If he does not agree it means that ten of your timber is worthless for him. Also in the fiat currency, it is of value because the government accepts it as paying our taxes. Only one thing is worth having if one receives it. The bitcoin has a value because of who receives it. It has been enjoyed for many reasons. Some of these are, easy to send money, no charge when sending, no taxes, secure, rising costs, easier return etc. In June 2010 the only bitcoin value was 3.70 php. Now (June 4 2016) the value of bitcoin is 26,394 php. That means if I bought a bitcoin in 2010 at 3.70 php and I just let it hidden in my bitcoin wallet for 4 years I already have 26 394 php now. The value of bitcoin can be increased rapidly because it is gradually being accepted in different parts of the world.