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Review on Bitcoin by Ahmet İnal

Revainrating 4 out of 5

Bitcoin yükselişi

bitcoin attracted almost everyone's attention in 2017. Bitcoin, which has become the center of attention for those who want to get rich in a short time, as well as those who admire its technology and evaluate it in their personal investment portfolios, completed 2017 with an extraordinary rise.Entering the year 2017 at a level of $ 1,000 and reaching a record level of $ 20,000, its popularity increased in direct proportion. When internet users around the world visited the Wikipedia site to get more detailed information about bitcoin, the topic became one of the most read articles of the year. According to statistics from 2017, bitcoin, which achieved a total of more than 15 million views, was ninth, only 740 thousand different from the US topic title. Compared to other names on the list, bitcoin has received 1 million more views from Wonder Woman. The bitcoin topic, with 2.6 million more clicks than Dwayne "The Rock" Johnson, got 2 million more views even than Elon Musk.Santimnet, the data provider of Bitcoin, the world's most popular crypto currency, points out that Bitcoin has reached the highest level in active addresses since the beginning of 2018. These active addresses actually increased in the past at an equivalent rate to financial value. Bitcoin. These active addresses, which may herald the rise of Bitcoin, reached a record level in the last days of 2017, and as it is known, Bitcoin also exceeded the $ 20,000 threshold, which is its highest financial value. According to another data, the number of newly opened addresses for BTC has reached its highest levels since the beginning of 2018. Bitcoin commentators and financial experts point out that these developments could be a sign of BTC's rise.



Pros
  • Bitcoin is decentralized. For this reason, it is not affected by the economy of the countries since it is not affiliated with any official institution or central bank.
  • Because it is anonymous, institutions or individuals cannot close or suspend your account.
  • We can make money transfers directly with banks or other institutions. There is no need for an intermediary institution for sending Bitcoin.
  • Opening an account is easy and simple. There is no need to wait for long periods like in banks.
  • Your transfers will arrive quickly. You can transfer Bitcoin whenever you want, whenever you want.
Cons
  • is an easy cryptocurrency to lose
  • It can make illegal money transfers because it can hide the identity of the receiver and sender.
  • Bitcoin price is very open to fluctuations. There may be big increases or very big decreases in one day. This may harm the user financially.

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