Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator.Bitcoins are created as a reward for a process known as mining. Follow Our Page to Get All Updates on Bitcoin here. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies. Today's market cap for all bitcoin (abbreviated BTC or, less frequently, XBT) in circulation exceeds $7 billion. Related Keywords to this Page: Bitcoin, BTC, XBT, Crypto, Cryptocurrency, Blockchain, Cryptography, Trading, Investment, P2P, Block Chain, Fintech, Mining, Ethereum, Cash, ICO, Coin, Cryptocurrencies, Litecoin, Distributed Ledger