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Bitcoin

2015-12-03

Modern technologies go far ahead, and even more so the ways of interacting with money. The development of electronic payment systems and virtual currencies is a new and rapidly expanding phenomenon across all countries.
On this page of the site you can collect the exchange of Bitcoin to banks.
The Bitcoin cryptocurrency is by far the most popular among other virtual currencies, it was created in 2009, and almost nobody was interested at that time. Only programmers and interested users used it among themselves. Over time, bitcoin money has attracted an unprecedented amount of attention, ranging from ordinary users to dignitaries. The quotes of this currency were growing at a tremendous speed, and at the moment we can say for sure that the growth in the value of this currency was 800,000%.


System features:

There is no single owner and control center, the system is fully accessible to everyone. All client programs and wallets are stored on all computers with full client access.
All transactions can be tracked by knowing the bitcoin address. Payment history will never be deleted. Blockchain implies a completely open data registry for all cryptocurrency users. All transactions are traceable, which eliminates fraudulent activity.
Interaction levels. The client can choose the required level of protection and a set of options for using the system. You can install a full client set and track all transactions, but if you are just going to pay for purchases or services, then it makes sense to install a mobile or online application.
The freedom of action. The blockchain distribution base does not freeze customer accounts, does not change the value of bitcoin, and does not block or freeze payments. A minimum commission percentage is charged, which is almost invisible to users. If the payment has been sent, then the money cannot be returned or canceled.
In fact, Bitcoin is a huge computing decentralized network with reliable protection against hacking and powerful performance.

 

The history of development


The prerequisites for the creation of electronic money appeared back in 1998, Nick Szabo created a reliable system of virtual money Bitgold flesh until 2005, but then the development stopped. Then 6 years ago, developments in this area emerged from Satoshi Nakamoto, the creator of the future bitoin system. Satoshi Nakamoto (a person or organization under a pseudonym) created the first fifty bitcoins, then after a certain number of days they made a transfer from one person to another. The bitcoin rate was calculated quite simply: the average computer power was multiplied by the price for electrical services in the United States, and this whole amount was divided by the number of bitcoin coins issued.
Five years ago, the growth of the bitcoin currency rate began, which was very rapid, the first exchange offices and exchanges appeared, ready to accept virtual money. In 2010, the Bitcoin Market exchange service appeared, and in the same year, a Laszlo user managed to purchase two pizzas for 10,000 bitcoins, which spurred the growth of this currency at times.
For the first time 4 years ago, the MtGox exchange was organized and launched, which carried out the exchange and withdrawal of virtual money into reality.
Mt Gox exchange in Japan and SilkRoad market, which operated illegally, at the initial stage created the demand and popularity of this cryptocurrency. The exchange is still engaged in bitcoin currency and carries out any operations related to it.
In 2012, several hacker attacks were carried out on the MtGox exchange, which lowered the price of one bitcoin, made it possible to steal personal encrypted user data, and also led to the closure of the exchange for one week to restore protection.
But 2013 is the year of scandals, collapse and explosive growth of the cryaptocurrency. Bitcoin was quoted at the beginning of the 13th year at $ 31 apiece, and by April of the same year, as much as $ 100 was given for 1 bitcoin. Then there was an unprecedented rise in the value of the 1st bitcoin and it was already at around $ 266. After a collapse in value and a break in growth, bitcoin again strengthened its position and gave $ 300 for 1 piece.
In the 13th year, there were public scandals related to cryptocurrency. Illegal sites selling weapons and drugs carried out exchange and payment transactions using cryptocurrencies. Because of this hype around bitcoin, quotes jumped again, and for 1 bitcoin they already gave about $ 1200.
Then there was a drop to $ 600 apiece, associated with increased control over the system from the authorities of different countries. At this stage of development, bitcoin does not depend on anyone and is practically analogous to gold, only in virtual terms.
2015 - the opening of a reliable, progressive and instant bitcoin exchanger. Website www.24paybank.net - created with the latest in programming and design.

Bitcoin is a modern digital currency suitable for settlements, payments and money transfers, which has earned the trust of the authorities of many countries around the world. Stores, cafes, restaurants, transportation companies, website and online store owners are willing to accept cryptocurrency. It is very convenient and simple to open an account in this system, which attracts many users from modern and civilized countries. Asia, Africa, Europe and the USA have long been cooperating with bitcoin, in some cities there are banks that accept and withdraw bitcoin currency.
On the basis of the blockchain (blockchain) system, other cryptocurrencies are also created, as well as financial transaction systems, because this scheme is very convenient, due to the distribution of information storage.

In Russia, there is also a rise in interest in this peer-to-peer payment system. German Gref said that Yandex.Money is planning to create an analogue of the bitcoin cryptocurrency. The interest of hackers is also gaining momentum, and attempts to hack and steal data are increasing. The imperfection of the system is obvious, but it is evolving and the protection will definitely be strengthened.
The system has many pros and cons, but it is capturing more and more people, luring them with its convenience, reliability and popularity.