Wednesday, December 4, 2013

Bitcoin News! Its Coming Are You In.

Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency. BTC China has become the world’s biggest digital currency exchange having handled a greater volume of bitcoins in the past week than Mt. Gox and Bitstamp. Bobby Lee, CEO of BTC China, said: “It’s an honor to see that BTC China has been propelled ahead to number one in the worldwide rankings. The real credit goes to the people in China, for having recognized the importance and value of bitcoin.” He is not sure whether BTC China will be able to maintain its position at the top, asserting that “nothing is permanent”. Lee highlighted that, months ago, he predicted October would be a big month for bitcoin in China. “The people here are really getting it, and it is being spread by both the general media and by word of mouth,” he said. Can this be the time to start doing your research on this new digital currency to be informed about what could possibly be the next generation of currency used around the world to pay your bills, and to buy your next needed item online or at store where you shop. It could happen sooner then you think.

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