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Bitcoin is an innovative payment network and a new kind of money.
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Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Multiply that figure by the exact weight of the silver contained in the coin are seeking (see chart above), and you will have the melt value of the coin. Example: Morgan Dollar Spot Silver Price (as of 03/19/10): $17.36 $17.36 divided by = $0.3 ($0.558 per gram) $0.558 X 24.0566 = $ ($13.42 per unit) Value of. Bitcoin (BTC) prices - Nasdaq offers cryptocurrency prices & market activity data for US and global markets.
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Get started with Bitcoin
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
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Fast peer-to-peer transactions
Worldwide payments
Low processing fees