Bitcoin (CURRENCY:BTC) traded 2.2% higher against the U.S. dollar during the one day period ending at 19:00 PM Eastern on September 12th. During the last seven days, Bitcoin has traded down 1.7% against the U.S. dollar. One Bitcoin coin can currently be bought for approximately $10,403.29 on exchanges including Kraken, Bithumb, xBTCe and ZB.COM. Bitcoin has a total market capitalization of $186.56 billion and $15.31 billion worth of Bitcoin was traded on exchanges in the last 24 hours.
Here’s how similar cryptocurrencies have performed during the last 24 hours:
- Bitcoin Cash (BCH) traded 0.5% higher against the dollar and now trades at $300.80 or 0.02894511 BTC.
- Steem (STEEM) traded down 2.5% against the dollar and now trades at $0.16 or 0.00001506 BTC.
- Unobtanium (UNO) traded up 25.3% against the dollar and now trades at $101.90 or 0.00980326 BTC.
- Namecoin (NMC) traded down 5.7% against the dollar and now trades at $0.59 or 0.00005714 BTC.
- Counterparty (XCP) traded up 5% against the dollar and now trades at $1.96 or 0.00018845 BTC.
- Crown (CRW) traded 2% lower against the dollar and now trades at $0.0569 or 0.00000548 BTC.
- Terracoin (TRC) traded 3.5% higher against the dollar and now trades at $0.0327 or 0.00000314 BTC.
- CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
- PIXEL (PXL) traded 10% higher against the dollar and now trades at $0.0063 or 0.00000061 BTC.
- Zetacoin (ZET) traded 6.2% higher against the dollar and now trades at $0.0017 or 0.00000016 BTC.
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 these cryptocurrency exchanges: Bitstamp, OOOBTC, Instant Bitex, CoinEgg, Cryptopia, InfinityCoin Exchange, Mercatox, ChaoEX, Gemini, OEX, DigiFinex, Livecoin, Liquid, IDCM, BTC-Alpha, Paribu, BitForex, Vebitcoin, BitMart, Coinsquare, Coinroom, itBit, LBank, ABCC, Exrates, Negocie Coins, BTCBOX, Bitbank, Cobinhood, Coinbase Pro, xBTCe, Covesting, Cryptonex, Sistemkoin, Bibox, Kraken, BitBay, Poloniex, Fatbtc, Binance, IDAX, Coinone, Coincheck, Ovis, Hotbit, Upbit, CoinsBank, RightBTC, Allcoin, B2BX, Bitinka, CoinEx, CPDAX, UEX, DragonEX, Korbit, LocalTrade, bitFlyer, EXX, BitMEX, CoinBene, ZB.COM, GOPAX, Bitlish, YoBit, BCEX, Gate.io, Coinbe, Coindeal, CEX.IO, Iquant, CoinTiger, Bit-Z, FCoin, Zaif, BtcTrade.im, Coinsuper, BigONE, Bitfinex, LATOKEN, OKEx, Simex, Huobi, BiteBTC, HADAX, MBAex, QuadrigaCX, Bittrex, C2CX, DOBI trade, Bitsane, Trade By Trade, TOPBTC, Tidex, Exmo, Kucoin, LakeBTC, Bithumb, Kryptono, Coinhub and HitBTC. Investors seeking to trade Bitcoin using U.S. dollars directly can do so using GDAX, Gemini or Coinbase.
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