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RE: HowTo Buy Crypto – Part 8: The Rest

in #howto7 years ago

We think we should be more excited. We are just here to succeed
The past year has been overheated for the digital currencies so far, with the bitcoin moving to a wave of an amazingly bullish trend, reaching unprecedented heights. Bitcoin has long been at the center of this market. As a new industry, there are many unknown things about the future of the digital currency market. Nevertheless, it is quite certain that this innovative means of payment and investment has been born to live long.

The digital currency Bitcoin appeared for the first time in 2009, aiming to make the currency market a decentralized market. Before bitcoin, each currency had a central bank that regulated its price, making the bank control the value of the currency and enabling it to speculate on it depending on the bank's position in the country. However, bitcoin introduced a new model when it first entered the market.
Bitcoin developers have set a strict limit on the amount of codes that are launched, as they enter new currencies in circulation at a decreasing rate. The final number of 21 million units should be reached in 2140. This system has been developed to control inflation and avoid excessive market supply. With lower supply of units, this may also contribute to the long-term increase in bitcoin market value. More than 16 million bitcoin digital currencies are currently traded.