Bitcoin (CURRENCY:BTC) traded 1.3% lower against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on November 14th. Bitcoin has a market capitalization of $156.99 billion and $19.15 billion worth of Bitcoin was traded on exchanges in the last day. One Bitcoin coin can now be purchased for $8,698.86 on popular exchanges including QuadrigaCX, Kryptono, Bitfinex and CEX.IO. During the last seven days, Bitcoin has traded 6% lower against the U.S. dollar.
Here is how other cryptocurrencies have performed during the last day:
- Bitcoin Cash (BCH) traded 2.9% lower against the dollar and now trades at $278.27 or 0.03195682 BTC.
- Steem (STEEM) traded 4.5% higher against the dollar and now trades at $0.15 or 0.00001697 BTC.
- Unobtanium (UNO) traded down 2.5% against the dollar and now trades at $56.26 or 0.00647187 BTC.
- Namecoin (NMC) traded down 6.5% against the dollar and now trades at $0.43 or 0.00004904 BTC.
- Counterparty (XCP) traded 0.4% higher against the dollar and now trades at $1.62 or 0.00018580 BTC.
- Color Platform (CLR) traded 23.1% lower against the dollar and now trades at $0.0117 or 0.00000135 BTC.
- Terracoin (TRC) traded down 2.7% against the dollar and now trades at $0.0491 or 0.00000564 BTC.
- Crown (CRW) traded 1.3% lower against the dollar and now trades at $0.0451 or 0.00000518 BTC.
- PIXEL (PXL) traded 28.6% higher against the dollar and now trades at $0.0245 or 0.00000281 BTC.
- CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 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.”
Bitcoin Coin Trading
Bitcoin can be bought or sold on the following cryptocurrency exchanges: OKEx, LBank, CPDAX, Simex, xBTCe, BitForex, Covesting, Livecoin, CoinTiger, Ovis, Bibox, Kryptono, Kucoin, HitBTC, ChaoEX, BTCBOX, Coinone, Bittrex, LocalTrade, Coinbase Pro, IDCM, Coinbe, bitFlyer, Trade By Trade, Gate.io, Hotbit, Bitinka, Binance, BtcTrade.im, BitMEX, CoinsBank, Coinsquare, Allcoin, OOOBTC, CoinEgg, MBAex, Bitfinex, BitMart, Bitbank, EXX, Fatbtc, Mercatox, C2CX, Coindeal, Vebitcoin, Instant Bitex, B2BX, Bitsane, BitBay, Bitstamp, Kraken, Bitlish, BiteBTC, CoinEx, Sistemkoin, ZB.COM, OEX, DragonEX, UEX, Upbit, Cryptopia, DOBI trade, Cobinhood, HADAX, ABCC, RightBTC, DigiFinex, Exmo, Korbit, Poloniex, Coinsuper, Exrates, TOPBTC, Coinhub, FCoin, Iquant, CoinBene, Huobi, IDAX, BCEX, CEX.IO, Coincheck, Cryptonex, BTC-Alpha, LATOKEN, InfinityCoin Exchange, Coinroom, Negocie Coins, Paribu, GOPAX, itBit, YoBit, Bithumb, Gemini, Zaif, BigONE, Tidex, QuadrigaCX, Liquid, Bit-Z and LakeBTC. Investors seeking to trade Bitcoin using U.S. dollars directly can do so using Changelly, Coinbase or GDAX.
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