Review on Bitcoin by Aleksandar Milosevic
Bitcoin
Bitcoin is one of the most famous cryptocurrencies, it came out in January 2009, and today it is very profitable, for one bitcoin, it really takes a lot of effort and work. But in the end you will realize that you did not waste that time in vain.
Bitcoin is the cryptocurrency that started it all. But mining bitcoins consumes huge amounts of energy, and competition threatens to dethrone the original blockchain-based money.
In 2011 alone, one bitcoin crossed over $ 1, so if you have even a small stock of BTC from before that date, the worst value multiplier you’ve seen in the last two years is still more than 3,000 times (that’s 300,000 % if you prefer in percent).
In other words, the recent value of instability, which ranges between a little more than 3,000 dollars and a little less than 20,000 dollars since December 2017, is simply not important for the one who has a BTC 10,000 since 2010.
Today, bitcoin is estimated, between 28,726.52 and 41,151.93 euros
Pros
- Reliable
- Profitable
- Simple
Cons
- It consumes a lot of electricity
- Strenuous
- It requires a lot of work
