Bitcoin is a cryptocurrency, created to trade on the Internet all over the world. It is designed to be sent online to another person without the need for intermediaries on the Peer-To-Peer (P2P) Transfer Protocol network with complex cryptosystems that ensure the anonymity security and security of payments.
Bitcoin appeared in 2009 when an unidentified person named Satoshi Nakamoto (whose identity has not been authenticated) has launched a client-based encryption application on the Internet. At that time, a currency protocol with an advanced encryption system, not under the management of any country, is officially released.
The Bitcoin Index is the value index of Bitcoin and it is priced in USD, EUR, and CNY. These three currencies represent the three most developed economies in the world. This index allows you to determine the true value of the Cryptocurrency without having to rely on the currency of any country.
Currently, Bitcoin oscillates around $2200 after rising again.
Bitcoin is considered a virtual currency created by programmers and uses software that can process algorithms, just as the intelligence agencies in the world use encrypted text messages.
Bitcoin’s protocols are more complicated year by year, as the creators of cryptocurrency build up more complex cryptosystems and more resources are needed to create new Bitcoins. However, you do not need a really modern computer to make a profit from Bitcoin. All you need to do is predict the change in the Bitcoin Index, select a Buy or Sell Option at the IQ Option and make a profit based on the available forecasts.
Warning: Options trading can carry a high level of financial risk. Please be aware that if you decide to participate.