WHAT IS BITCOIN ?
** Please use "Desktop site mode" in Mobile.** What is bitcoin? It was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Maketplace called "Bitcoin exchange" allow people to buy or sell bitcoin using currency. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017. The unit of amount of the bitcoin system is a bitcoin . Ticker symbols used to represent bitcoin are BTC and XBT. Its Unicode character is ₿. Small amounts of bitcoin used as alternative units are millibitcoin (mBTC), and satoshi (sat). Named in homage to bitcoin's creator, a satoshi is the smallest amount within bitcoin representing 1 ⁄ 100 000 000 bitcoins, one ...