Bitcoin is the world’s first and most widely traded digital cryptocurrency, and is not connected to or controlled by any government or central bank. Originally established in 2009, Bitcoin is a digitally-encrypted, decentralized currency that is most commonly traded against the US dollar as the currency pair, BTC/USD.
Quote Convention: BTC
Means: 1 BTC = 17,000 USD as of December 2017 according to Coindesk.com
Fun Fact: Bitcoin was originally established by a mysterious person or group of people using the pseudonym, Satoshi Nakamoto. Despite much speculation by the general public, Nakamoto’s identity is still largely unknown.
BTC/USD 2-YEAR CHART
GENERAL FACTS AND STATISTICS
Date of Inception: January 3, 2009
Administration: None, Transactions Recorded in Blockchain Public Ledger
Maximum Bitcoin Supply: 21 Million
% Mined to Date: ~80% *
All-Time BTC/USD High: $17,382 (December 2017)
All-Time BTC/USD Low: $0.06 (July 2010)
*As of December 2017
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