Bitcoin price per day chart
Bitcoin transactions are pseudonymous and decentralized. Proponents of Bitcoin argue that it is not susceptible to devaluation by inflation or seigniorage in the way other modern "fiat" currencies are. Nor is it associated with an arbitrary store of value such as gold, unlike hard-money or representative currencies. The Bitcoin protocol was first described by Satoshi Nakamoto a pseudonym in Each bitcoin is divided into million smaller units called satoshis.
MtGox was the largest Bitcoin exchange in the world, until February when the site shut down and trading was suspended. It was subsequently announced on Bitcoin news that over , Bitcoins had been stolen from customers of this exchange.
Quandl provides historical data for MtGox. Note that this data stopped updating on 25 Feb Quandl has daily prices for over crypto-currencies from Cryptocoin Charts. You can view all Quandl's cryptocurrency time series on our Cryptocoin Charts source page.
Dogecoin data, from Dogecoin Average, is available from our Dogecoin Average source. If you have any questions about this data, or would like to add more datasets to Quandl, please email us. For professionals, investors and institutions, we recommend the BraveNewCoin premium bitcoin databases. These specialist databases include comprehensive, accurate, quality-audited, well-documented and reliable long-term price histories for the vast majority of cryptocurrencies. JSON , CSV Bitcoin Market Size Quandl provides several measures of the size and value of the Bitcoin market, including the total number of Bitcoins in circulation, the market capitalization of Bitcoin, and the number of unique Bitcoin addresses in use.
More About Bitcoin Currency Bitcoin is a digital currency based on an open-source peer-to-peer software protocol that is independent of any central authority. The transaction log is authenticated by end users through digital signatures similar to username and password and is increased by calculations of different difficulty that are performed by special servers called bitcoin diggers or miners. Each minute portion of the transaction log corresponds to a certain amount of bitcoins that the diggers receive and can then sell at their own discretion after this part has been added to the registry and confirmed by the other diggers.
The amount of bitcoins depends on how long the network has worked and what transaction fees have been paid. At present, every new minute block generates 17 new bitcoins.
The total limit is 21 million bitcoin. Anyone can make virtual coins using the computing power of their computer to solve mathematical problems with increasing complexity. Every digit coin gained a large array of calculations "ishashing". However, the participants in the calculations are usually more than one, and the individuals are divided among them, depending on the size of their participation.
Bitcoin is the most widely used alternative currency and is widely accepted by international traders and services.
Bitcoins can be sent and received via different websites and applications once they are purchased on a stock exchange. Bitcoin price charts Get the latest Bitcoin Price from the most accurate sources. Currencies We also offer the BTC price converted into in any of our supported currencies.