Bitcoin (CURRENCY:BTC) traded up 0.3% against the dollar during the 1-day period ending at 10:00 AM Eastern on December 3rd. Bitcoin has a total market cap of $132.22 billion and $15.22 billion worth of Bitcoin was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin has traded 1.9% higher against the dollar. One Bitcoin coin can currently be bought for approximately $7,312.92 on major exchanges including Tidex, BitMEX, UEX and LATOKEN.
Here’s how related cryptocurrencies have performed over the last 24 hours:
- Bitcoin Cash (BCH) traded 0% higher against the dollar and now trades at $214.02 or 0.02930941 BTC.
- Steem (STEEM) traded down 4% against the dollar and now trades at $0.12 or 0.00001630 BTC.
- Unobtanium (UNO) traded 30.6% higher against the dollar and now trades at $50.83 or 0.00691203 BTC.
- Namecoin (NMC) traded 1.5% lower against the dollar and now trades at $0.39 or 0.00005358 BTC.
- Counterparty (XCP) traded 1.3% higher against the dollar and now trades at $1.49 or 0.00020286 BTC.
- Color Platform (CLR) traded 1.1% higher against the dollar and now trades at $0.0120 or 0.00000163 BTC.
- Terracoin (TRC) traded up 4.6% against the dollar and now trades at $0.0605 or 0.00000822 BTC.
- Crown (CRW) traded down 0.9% against the dollar and now trades at $0.0389 or 0.00000530 BTC.
- PIXEL (PXL) traded 7.1% lower against the dollar and now trades at $0.0154 or 0.00000210 BTC.
- CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
BTC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was January 3rd, 2009. Bitcoin’s total supply is 18,080,725 coins. Bitcoin’s official message board is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. Bitcoin’s official website is bitcoin.org.
According to CryptoCompare, “Balances – block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography. Transactions – private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining. Processing – mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.”
Bitcoin Coin Trading
Bitcoin can be traded on these cryptocurrency exchanges: Cryptopia, Bittrex, Coinhub, Zaif, Bibox, Coinroom, IDAX, BitBay, Trade By Trade, Bitinka, itBit, CoinsBank, Coindeal, CoinTiger, Bitsane, Poloniex, InfinityCoin Exchange, Allcoin, Mercatox, BTC-Alpha, BtcTrade.im, LocalTrade, LakeBTC, Bitfinex, BigONE, Kucoin, Vebitcoin, IDCM, OEX, DragonEX, CoinBene, ChaoEX, Upbit, CoinEgg, Exrates, Fatbtc, DOBI trade, OKEx, ABCC, Huobi, BCEX, Bitlish, BitMEX, Kraken, Korbit, xBTCe, bitFlyer, GOPAX, Ovis, Cobinhood, CEX.IO, LATOKEN, BitMart, Bit-Z, Liquid, Bitbank, Paribu, B2BX, Tidex, QuadrigaCX, Gate.io, HitBTC, BTCBOX, Instant Bitex, Hotbit, Coinsuper, FCoin, Coincheck, Sistemkoin, Cryptonex, ZB.COM, Binance, CPDAX, Exmo, Coinbase Pro, Iquant, HADAX, DigiFinex, Bitstamp, Coinone, Coinsquare, EXX, LBank, Livecoin, Gemini, Kryptono, CoinEx, OOOBTC, BiteBTC, Covesting, Bithumb, C2CX, Negocie Coins, BitForex, TOPBTC, MBAex, RightBTC, Coinbe, YoBit, UEX and Simex. Investors seeking to trade Bitcoin using US dollars directly can do so using Coinbase, Gemini or Changelly.
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