Bitcoin Price Tops $6,546.88 (BTC)
Bitcoin (CURRENCY:BTC) traded 0.4% higher against the US dollar during the 24 hour period ending at 16:00 PM ET on September 15th. Bitcoin has a market cap of $113.06 billion and approximately $3.29 billion worth of Bitcoin was traded on exchanges in the last 24 hours. One Bitcoin coin can currently be bought for about $6,546.88 on major exchanges including InfinityCoin Exchange, CoinEx, Coindeal and Kraken. Over the last seven days, Bitcoin has traded 4.1% higher against the US dollar.
Here’s how other cryptocurrencies have performed over the last 24 hours:
- Bitcoin Cash (BCH) traded 0.5% lower against the dollar and now trades at $453.54 or 0.06951388 BTC.
- Steem (STEEM) traded 0.5% higher against the dollar and now trades at $0.73 or 0.00011265 BTC.
- Unobtanium (UNO) traded up 0.4% against the dollar and now trades at $88.74 or 0.01357542 BTC.
- Namecoin (NMC) traded 14.3% lower against the dollar and now trades at $1.20 or 0.00018314 BTC.
- Counterparty (XCP) traded 0.1% higher against the dollar and now trades at $3.98 or 0.00061038 BTC.
- Crown (CRW) traded up 11% against the dollar and now trades at $0.22 or 0.00003297 BTC.
- CHIPS (CHIPS) traded 119.6% higher against the dollar and now trades at $0.10 or 0.00001599 BTC.
- Terracoin (TRC) traded down 6.1% against the dollar and now trades at $0.0914 or 0.00001399 BTC.
- ATBCoin (ATB) traded 0.4% higher against the dollar and now trades at $0.0320 or 0.00000489 BTC.
- UnbreakableCoin (UNB) traded down 1.3% against the dollar and now trades at $0.20 or 0.00003026 BTC.
Bitcoin Coin Profile
Bitcoin (BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on January 3rd, 2009. Bitcoin’s total supply is 17,269,587 coins. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official website is bitcoin.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here.
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. “
Buying and Selling Bitcoin
Bitcoin can be traded on the following cryptocurrency exchanges: BCEX, Coinbase Pro, EXX, ChaoEX, Zaif, Instant Bitex, Vebitcoin, IDCM, CPDAX, Huobi, BtcTrade.im, HitBTC, Bitsane, BitForex, DigiFinex, UEX, Gemini, Bit-Z, Liquid, BigONE, BTC-Alpha, BitMEX, RightBTC, Bitfinex, ZB.COM, Bittrex, DragonEX, itBit, Tidex, CoinTiger, IDAX, Trade By Trade, Coinsuper, Livecoin, BiteBTC, CoinsBank, Coinroom, Coinbe, xBTCe, Kryptono, Gate.io, Sistemkoin, CoinEx, QuadrigaCX, InfinityCoin Exchange, OOOBTC, Hotbit, Simex, Cryptopia, B2BX, BitMart, LakeBTC, OEX, Fatbtc, bitFlyer, Korbit, Negocie Coins, Mercatox, FCoin, Bitstamp, HADAX, OKEx, Poloniex, Cobinhood, Bitlish, ABCC, Bibox, Coinone, MBAex, CEX.IO, Coinhub, LocalTrade, Allcoin, CoinEgg, Coincheck, Binance, Coinsquare, TOPBTC, Kraken, Bitinka, Ovis, Bitbank, Upbit, Iquant, DOBI trade, CoinBene, BTCBOX, Exmo, Kucoin, Paribu, YoBit, Exrates, LBank, Coindeal, C2CX, Bithumb, Cryptonex, BitBay, LATOKEN and GOPAX. Investors seeking to acquire Bitcoin using U.S. dollars directly can do so using GDAX, Changelly or Gemini.
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