You might have already heard about bitcoins and if you are not, check again, you might be living under a rock. Every Tom, Dick and Harry must have heard about Bitcoins. However, not many can tell more about bitcoin. Bitcoin was invented in the year 2008 and it has steadily started to grow over the past decade. Now almost 6 million people use this digital cryptocurrency. Although the Leading Bitcoin Exchange in india was developed by Satoshi Nakamura, the developer has moved away from the scene in a short period. Today the digital transactions are maintained in a central database called as block chain. This holds the information about the transactions and hence the value for the currency. https://futurebitcoin.tumblr.com/post/166868918438/selling-bitcoins-instantly has become a favourable method to make transactions for many people due to the very high value of the currency. Moreover, it is something that cannot be stolen. It is not a physical currency like United States Dollars or the Indian National Rupee. Rather than being controlled by the authorities like the Federal Reserve or the Reserve Bank of India, this currency is being merely recorded in the block chain. It is being stored for the time being there and it is linked to an address from which one can use it. You can easily Buy bitcoins online and use for your online transactions. Although https://futurebitcoin.tumblr.com/post/166868918438/selling-bitcoins-instantly accept payment by this, not many users of the currency are there in the world to have a substantial companies to accept this method of payment. This is changing in the present day economic scenario. Most currencies in the world are facing instability and inflation issues. This has made the fortunes of many people dwindle in the fate of the external environment. This is not the case in the bitcoin. So, many people from politically instable and economically weaker countries are looking for the best option to keep their wealth and bitcoin has fulfilled that important position.

Due to the relative stability and immunity from inflation people use this more for the long term investment and wealth accumulation rather than for the everyday business transactions. So, if you are considering To buy and sell bitcoins then it is a wonderful proposition. There are not many agencies through which you do this in India. Even if there a few agencies, you need to make sure that they are genuine. As the currency is not easily traceable to a location, it can bring a lot of difficulties for you. It is important to keep the key for the bitcoin safe. This is the best type of investment as of today and you will not be losing the value of the money that you have invested in this form. Moreover, it is very mobile and portable. You can use it from any corner of the world which makes it easy to do the transactions. Moreover, as they are not essentially physical coins, you cannot lose them. These coins cannot be stolen from you by a stranger and sold to others without your wish https://futurebitcoin.tumblr.com/post/166868918438/selling-bitcoins-instantly.