Bitcoin (CURRENCY:BTC) traded 6.3% lower against the U.S. dollar during the 1-day period ending at 21:00 PM ET on August 13th. Over the last seven days, Bitcoin has traded down 7.6% against the U.S. dollar. One Bitcoin coin can currently be bought for about $10,681.06 on major exchanges including Allcoin, OKEx, DragonEX and CoinEx. Bitcoin has a market cap of $190.92 billion and $17.08 billion worth of Bitcoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

  • Bitcoin Cash (BCH) traded up 6.7% against the dollar and now trades at $352.22 or 0.03294319 BTC.
  • Steem (STEEM) traded 4.5% higher against the dollar and now trades at $0.20 or 0.00001896 BTC.
  • Namecoin (NMC) traded 104.6% higher against the dollar and now trades at $1.57 or 0.00014685 BTC.
  • Unobtanium (UNO) traded down 5.4% against the dollar and now trades at $88.18 or 0.00825021 BTC.
  • Counterparty (XCP) traded up 0.8% against the dollar and now trades at $2.15 or 0.00020124 BTC.
  • Crown (CRW) traded down 10.7% against the dollar and now trades at $0.0536 or 0.00000501 BTC.
  • Terracoin (TRC) traded up 3% against the dollar and now trades at $0.0395 or 0.00000369 BTC.
  • PIXEL (PXL) traded 3.2% lower against the dollar and now trades at $0.0083 or 0.00000078 BTC.
  • CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.
  • Zetacoin (ZET) traded 7.7% lower against the dollar and now trades at $0.0018 or 0.00000017 BTC.

Bitcoin Coin Profile

Bitcoin (BTC) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was January 3rd, 2009. Bitcoin’s total supply is 17,875,075 coins. The official message board for Bitcoin is bitcointalk.org. Bitcoin’s official Twitter account is @bitcoin and its Facebook page is accessible here. The official website for Bitcoin is bitcoin.org. The Reddit community for Bitcoin is /r/bitcoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Balances – block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography. Transactions – private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet. The signature also prevents the transaction from being altered by anybody once it has been issued. All transactions are broadcast between users and usually begin to be confirmed by the network in the following 10 minutes, through a process called mining. Processing – mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the network. These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain. This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends.”

Buying and Selling Bitcoin

Bitcoin can be bought or sold on these cryptocurrency exchanges: Bithumb, CoinsBank, Bibox, CPDAX, Kucoin, EXX, Bitsane, Coinbase Pro, Fatbtc, LBank, Paribu, QuadrigaCX, Cobinhood, BiteBTC, GOPAX, Ovis, BitMEX, itBit, Binance, IDAX, Poloniex, Bittrex, Coinbe, ABCC, CoinBene, MBAex, BtcTrade.im, CoinTiger, OKEx, Vebitcoin, BTC-Alpha, OOOBTC, LATOKEN, Huobi, Exrates, BitForex, xBTCe, Covesting, ChaoEX, BitBay, Allcoin, RightBTC, Upbit, Kraken, Kryptono, DragonEX, C2CX, UEX, HitBTC, Bitstamp, Tidex, Coinroom, CEX.IO, Simex, Bitlish, CoinEgg, OEX, Bitbank, FCoin, Coincheck, Trade By Trade, Bit-Z, Iquant, IDCM, CoinEx, TOPBTC, BigONE, Cryptopia, BitMart, Bitinka, Coinone, YoBit, Coindeal, DOBI trade, Bitfinex, Cryptonex, BTCBOX, BCEX, Coinhub, Hotbit, Gate.io, Exmo, bitFlyer, LocalTrade, B2BX, Instant Bitex, Zaif, ZB.COM, Liquid, HADAX, DigiFinex, Coinsuper, Mercatox, Coinsquare, Korbit, Gemini, InfinityCoin Exchange, Sistemkoin, LakeBTC, Livecoin and Negocie Coins. Investors seeking to acquire Bitcoin using US dollars directly can do so using Changelly, Gemini or Coinbase.

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