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What would you do if a magic wand like a bitcoin got into your hand?

What is bitcoin? What is crypto currency?

By Mubeen AhmedPublished 2 years ago 3 min read
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What would you do if a magic wand like a bitcoin got into your hand?
Photo by Thought Catalog on Unsplash

There are also many people who want to help buy their bitcoin somehow because buying and selling it is no less than science

It's not like you go to your bank, hold some note cashier and come home with a bitcoin. There is so much interest in this because most people have heard many stories of those who get rich from bitcoins in which those who buy them Bought a few crocodile bitcoins and are rich today. Then whose heart does not want him to be richer than rich

Bitcoin has gained a reputation like a magic wand that makes a lost coin gold. What would you do if you had a talisman stick in your hand that made every lost coin gold?

Of course, you will not break walnuts with this stick. They will pile up gold but if you tell people that you have such a magic wand then maybe people will think you are crazy. Nowadays the world of bitcoins is a crypto currency Apparently something like this is happening

According to Stock Market Clock, the London Stock Exchange, which is considered a major market for shares, has invested 3.9 trillion

According to the Coin Market Cap, the crypto currency market is currently investing 7 750 billion and is rapidly reaching 1 trillion. This suggests that investors are now emphasizing cryptocurrency

Those who initially bought a large number of bitcoins from their lost coins are talking to the sky today and there are piles of gold in front of them. Many called bitcoin buyers crazy but sigh today I wish we could show some madness too

Where bitcoins are now very expensive for many, many new cryptocurrencies have emerged. The most notable of these are the rapples and atherosclerosis

In January 2017, a rapple cost 00 0.006. Its value has increased by 40 62,400 and is currently valued at 3. 3.75 and is second only to capital

I was surprised to see the answer when I was calculating the increase ratio. Apparently this is no less than a talisman stick

On the one hand, the company that started Ripple has issued currency, on the other hand, it is trying to introduce a new high-speed system of money transactions around the world. According to Ripple, this new system is called the current system used in banks It will be faster

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The cryptocurrency market is the third largest at the time to introduce a decentralized global system that will, according to him, stir up the world of technology

The Ethereum Coin will be an important part of the transaction in this system. It was 8 dollars in early 2017 and currently has exceeded 1000 1,000

At the beginning of last year, the bitcoin cost about 1000 1,000. Where its price increased several times a year, its price suddenly rose again and increased to 20,000 in December and then suddenly fell to 10,000 Has come close

Be it bitcoins or other cryptocurrencies, their value also falls sharply where it goes up, but who is seeing the dangers at the moment?

At the moment, many people are obsessed with investing in bitcoins and other cryptocurrencies. The price of what is increasing and so is the cryptocurrency. The demand for them is very high and Prices are rising sharply. People are currently buying cryptocurrency based on speculation about its future value

Understandably, bitcoin is a currency. There are many other currencies like this. They are only in the online world and they were not issued by a country's state bank but by institutions connected to the world of technology What is the release?

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The purpose of these individuals is to offer alternatives to the currencies issued by the state banks of these countries over which no one has control. In order to get these currency notes, you have to open an account in a cryptocurrency exchange

You can get crypto currency by giving it to your country's currency exchange. The question is where it will go after receiving it. Either you have to keep in your crypto currency exchange account or get them a digital vault or wallet You have to put it in it

A digital vault has an email account-like address to which people can send you money. These vaults are also available in the form of mobile phone apps and can also be used on computers

One of the main uses of currency is to buy and sell or pay. The question is whether you can go to the store with cryptocurrency and buy something. Currently it is less likely because it is used in very limited places. Maybe the future I buy and sell them but it is not so yet

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About the Creator

Mubeen Ahmed

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