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$BTC Next dump TP 94000 TP 93000 TP 90000 #RideTheKaiaWave
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BTC, or Bitcoin, is the first decentralized cryptocurrency, introduced in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. It operates on blockchain technology, a distributed ledger system maintained by a network of nodes. Key Features of Bitcoin: 1. Decentralization: No central authority or government controls Bitcoin. 2. Blockchain: Transactions are recorded in a public ledger, ensuring transparency and immutability. 3. Limited Supply: The maximum supply is capped at 21 million BTC, making it scarce and deflationary. 4. Mining: New BTC is created through a process called mining, where miners solve complex cryptographic puzzles to validate transactions and secure the network. 5. Anonymity: Transactions are pseudonymous, meaning they are tied to wallet addresses, not personal identities. 6. Global Accessibility: Bitcoin can be sent or received anywhere in the world without intermediaries. 7. Volatility: The price of Bitcoin is highly volatile and influenced by supply, demand, market sentiment, and macroeconomic factors. Uses of Bitcoin: 1. Digital Asset: Often viewed as "digital gold" and used as a store of value. 2. Payments: Accepted by many merchants worldwide for goods and services. 3. Investment: Popular among traders and investors looking for high-risk, high-reward opportunities. 4. Remittances: Used to send money across borders quickly and cheaply. Would you like to explore specific details like recent trends, mining, or trading? #RideTheKaiaWave
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