What Is Bitcoin? | How To Invest Bitcoin On Bitcogate


Welcome, First let me start with the history of Bitcoin.

 On 22 October, 2010, consumer "laszlo" made the first real-world transaction by means of shopping two pizzas in Jacksonville, Florida for 10,000BTC. Consumer "SmokeTooMuch" auctioned 10,000BTC for $50 (cumulatively), however no buyer was found. In five days, the rate grew one thousand%, rising from $0.008 to $0.08 for 1 bitcoin.

CREATION

In November 2008, a paper was posted on the internet under the name Satoshi Nakamoto titled ''bitcoin: A Peer-to-Peer Electronic Cash System''. This paper detailed methods of using a [[peer-to-peer]] network to generate what was described as "a system for electronic transactions without relying on trust. In January 2009, the bitcoin network got here into existence with the discharge of the primary open supply bitcoin purchaser and the issuance of the primary bitcoins, with Satoshi Nakamoto mining the primary block of bitcoins ever (referred to as the "genesis block"), which had a reward of 50 bitcoins. The value of the first bitcoin transactions have been negotiated via contributors on the bitcointalk forums with one remarkable transaction of 10,000 BTC used to not directly buy two pizzas delivered by means of Papa John’s.

On 6 August 2010, a principal vulnerability within the bitcoin protocol was once noticed. Transactions weren't safely proven earlier than they were incorporated in the transaction log or "blockchain" which let customers skip bitcoin's monetary restrictions and create an indefinite quantity of bitcoins. On 15 August, the vulnerability was exploited; over 184 billion bitcoins were generated in a transaction, and despatched to two addresses on the community. Inside hours, the transaction was once noticed and erased from the transaction log after the worm was constant and the network forked to an updated variation of the bitcoin protocol. This was the only principal protection flaw found and exploited in bitcoin's history

GROWTH

N January 2012, bitcoin was featured as the foremost discipline inside a fictionalized trial on the CBS legal drama the good wife in the 0.33 season episode "Bitcoin for Dummies". The host of CNBC's Mad money, Jim Cramer, played himself in a courtroom scene where he testifies that he doesn't consider bitcoin a true foreign money, pronouncing "there is no significant bank to keep an eye on it; it's digital and capabilities completely peer to look" In October 2012, BitPay stated having over 1,000 retailers accepting bitcoin below its cost processing provider.

In February 2013 the bitcoin-centered fee processor Coinbase mentioned promoting US$1 million worth of bitcoins in a single month at over $22 per bitcoin. The web Archive introduced that it was ready to take delivery of donations as bitcoins and that it intends to give workers the choice to receive portions of their salaries in bitcoin currency. Bitcoin won better awareness when services equivalent to OkCupid and Foodler started out accepting it for cost. Two companies, Robocoin and Bitcoiniacs launched the sector's first bitcoin ATM on 29 October 2013 in Vancouver, BC, Canada, permitting customers to sell or purchase bitcoin currency at a downtown espresso save.

In November 2013, the school of Nicosia introduced that it could be accepting bitcoin as fee for lessons prices, with the college's chief economic officer calling it the "gold of tomorrow". 

Prices and value historical past - Bitcoin value history (comparison to US$)

Date                                  |               Price for 1BTC
Jan 2009 – Jan 2010                          basically none
Feb 2010 – May 2010                       less than $0.01  
July 2010                                           $0.08
Feb 2011 – April 2011                       $1
8 July 2011                                         $31
Dec 2011                                            $2
Dec 2012                                            $13
April 11, 2013                                     $266
May 2013                                           $130
June 2013                                           $100
Nov 2013                                           $350 – $1250
Dec 2013                                           $600 – $1000
Jan 2014                                            $750 – $1000
Feb 2014                                           $550 – $750
Mar 2014                                          $450 – $700
Apr 2014                                          $340 – $530
May 2014                                         $440 – $630
Mar 2015                                         $200 – $300
Early Nov 2015                                $395 – $504
May - June 2016                              $450 - $750
July - September 2016                     $600 - $630
October - November 2016             $600 - $780
December 2016 - January 2017           $800 - $1000
2017-01-03 ~ 08:20 UTC~ $1015–$1020 (coinbase) (±$5–10)Recently topped US$1000 per bitcoin on coinbase early in first week of 2017.
Source: Wikipedia - History Of Bitcoin

Now, New Opportunity Await You = Investing And Earning In Bitcoin. From our investigation in 2010 bitcoin was unknown to people unlike now and a coin (1BTC) then was $0.01 (1CENT) unlike now when a coin (1BTC) is $1000+. 1BTC = $1100.68 as at today (5/1/2017) by 2:15AM According To Google.
It grows everyday. Why not start investing in Bitcoin, with just 0.02BTC, You can GENERATE 55BTC in two months. WITH A SIMPLE MATRIX. 
Imagine you have over 55BTC in you bitcoin wallet with just a start up of 0.02BTC, Am sure you will be thinking of that now. Join Bitcogate.com Today. HURRY AND JOIN THE WINNING TEAM- Invest with Bitcogate.com Today.

ATTENTIONA much better platform has been launched. It is bitcogate.com

  1. On Bitcogate, you only need 0.02btc for your first donation. 
  2. You do not need to refer anybody, (Infact you don't have a referral link). Everyone belongs to 1Team!. The system is designed that way.
  3. Bitcogate is new, as at 5/1/2017, Bitcogate has 2000+ members, and a projected 30,000 members monthly, this means if you join today, in two months time, you must have earned 55BTC ~ $45,000!!
  4. On Bitcogate, there is no monthly subscription expiry or timer!!! All you need do is to login and see if you have received enough donation for your level and upgrade.
  5. Bitcogate also has an online support portal where you can chat and send messages to the Admins/support team.

Follow the link to register>> www.bitcogate.com/register

HOW DOES IT WORK?

 START WITH YOUR (0.02BTC)  TO UPGRADE TO LEVEL 1

 SYSTEM ASSIGN 2 DOWNLINES FOR U TO UPGRADE TO LEVEL 2

 8 PERSONS  FOR U TO UPGRADE TO LEVEL 3

 16 PERSONS TO LEVEL 4. CONTINUE TILL Finally LEVEL 5!

On bitcogate, there is no central account, payments and donations are securely done via blockchain authentication.

Join bitcogate today and be rest assured you will be a millionaire soon!!



WHAT MAKES BITCOGATE ATTRACTIVE?


  • It's a peer to peer donation platform
  • 1000 x better than Zarfund 
  • No Referral program
  • 24/7 friendly support team
  • You get your first two downline allocated to you within 24 - 72hours from registration.
  • Live chat groups - Bitcogate is live on WHATSAPP and TELEGRAM
  • Fast transactions.
  • It simple. 
If you have a bitcoin wallet with bitcoin in it go and invest 0.02BTC from your wallet and start earning in bitcoin, reply here or join any of bitcogate chat  groups (WHATSAPP and TELEGRAM) so the admin can put you through. 
If you don't have a bitcoin wallet you can get in touch with the group admin of (WHATSAPP or TELEGRAM) so they can put you through both registering a wallet, purchasing your start up 0.02BTC and registering on bitcogate.com 
Conclusions:
  • Grab this opportunity on time, it Fresh and growing fast. 
  • The price of Bitcoin Keep Increasing daily, so plug into the system now. 
  • Secure a better future with BITCOGATE.COM Now!!!
Have a blessed day.

Thanks For Stopping By

Comments

  1. wow impressive...good nd concise info...welldone boss...bitcogate rocks

    ReplyDelete
  2. Thanks, you can help share it on your social medias. Or refer new member for bitcoin/bitcogate tutorial here!

    ReplyDelete
  3. The coincorporating is the private corporation which helps the business owners to register their company in Singapore or other foreign country. This company can easily register you company into the Singapore by just filing some common forms and fees of registration of your company.

    ReplyDelete

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