We believe most of the loyal readers of this website must have heard of bitcoin, bitcoin is the online currency that became the phenomenon of the world of finance and investment in recent months. Bitcoin is being discussed by various media as its value rises in 2013 up from $ 13 per 1 BTC (code from bitcoin) and closes at $ 800 per 1 BTC by the end of the year, even reaching $ 1,200 in early December Today We will try to explain what bitcoin is, what is its use, why the price can go up to almost 10000% in 1 year and how the prospect will be in the future. WHAT IS BITCOIN? This is the first question that definitely comes up for those of you who have not gotten a chance on bitcoin. To understand what a bitcoin is you can watch a video made by the official bitcoin website. If you have not understood it, try watching it 1-2 times again, we ourselves have to watch repeatedly to understand what exactly bitcoin is. Simply put, bitcoin is a digital currency that can be used in online transactions, which have some 'advantages' over conventional currency, among others not regulated by the central bank, the process of sending from one account to another does not need to go through the bank, no need Reported to any party, and no need to pay taxes, because the circulation has not been regulated by the government in any country. Bitcoin can facilitate us to transact online without getting exposed to various fees and taxes as it happens today. I do not know your opinion, but first impressions I see these advantages, I immediately predict that bitcoin is a means of money laundering that is very promising. But as we saw in the video above bitcoin also turned out to be used to make purchases from electronic goods to food, so 'as if' is not much different from ordinary money