What is Bitcoin? How much is a Bitcoin?
Bitcoin is a decentralized digital currency maintained by an open source network based on cryptographic principles. It is not controlled by any central authority and therefore is not affected by the traditional financial system. Unlike traditional currencies, Bitcoin has certain circulation restrictions, which makes its supply and demand relationship relatively stable, thereby maintaining the relative stability of its value. As of the current market price, one Bitcoin is worth approximately US$100,000 (about 700,000 yuan).
What is Bitcoin?
Bitcoin is a decentralized digital currency invented in 2008 by the anonymous person or entity "Satoshi Nakamoto". Officially launched in 2009, it is the first successful cryptocurrency and the largest cryptocurrency by market capitalization.
Features of Bitcoin:
- Decentralization: Not controlled by any government or financial institution.
- Anonymity: Users can trade anonymously without providing personal information.
- Security: Based on blockchain technology, it provides a high degree of security and tamper resistance.
- Fixed Supply: Only 21 million Bitcoins will exist forever.
Bitcoin Price:
As of this writing, one Bitcoin costs approximately $100,000. The price of Bitcoin is constantly fluctuating based on supply, demand and market sentiment.
Applications of Bitcoin:
Bitcoin is mainly used for the following purposes:
- Storage of Value: Due With its fixed supply and relatively high price, Bitcoin is viewed by some as a store of value.
- Payment Methods: Some merchants and online retailers accept Bitcoin as a payment method.
- Speculation: Some investors view Bitcoin as a speculative asset, trying to profit from its price fluctuations.
The above is the detailed content of What is Bitcoin? How much is a Bitcoin?. For more information, please follow other related articles on the PHP Chinese website!

This isn't just another token with hype and no follow-through. MAGACOIN FINANCE is showing all the signs of a well-timed, well-executed early-stage opportunity

USD Coin announced the Circle Dev Summit in Dubai on April 29th. The event will feature demo applications, deep-dive project sessions, and networking opportunities for developers.

Ethereum Layer-2 protocol Arbitrum has launched Converge, a new blockchain designed to serve as a settlement layer for tokenized real-world assets (RWAs) and

Pi Coin is holding up near $0.6209 after a 3.67% gain over the past day, but the picture isn't as clear-cut as it looks.

After enduring a tough couple of weeks marked by heavy resistance and downward pressure, $PEPE is now attempting a steady recovery.

Meme token $PEPE is showing signs of life again after weeks of sluggish price action, and technical indicators suggest a potential breakout may be on the horizon

Core funds from operations (FFO) came in at $1.42 per share, or $1.43 excluding net promotes, reflecting consistent operational efficiency.

According to CoinGecko's 2025 Q1 Report, the cryptocurrency market, led by Bitcoin, lost nearly one-fifth of its value in the first quarter of 2025

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

SublimeText3 English version
Recommended: Win version, supports code prompts!

SublimeText3 Chinese version
Chinese version, very easy to use

SAP NetWeaver Server Adapter for Eclipse
Integrate Eclipse with SAP NetWeaver application server.

PhpStorm Mac version
The latest (2018.2.1) professional PHP integrated development tool