Bitcoin introduced as an investment option in 2009, gained popularity and significant media attention when its value peaked to $226 per coin in April 2013, registering enormous profits for people who owned it back then. One of the unique features of this crypto currency is the absence of any middleman like a back or regulating authority, and unlike other investment options one can hide their identity and use an alias name to trade.
If you are an aggressive trader and are habitual of taking high risks n investment market, check it out. Since the demand and supply purely regulate its rate, you need to keep a constant look at the market scenarios to forecast the coinbase fees and any probable increase or decrease in value. There are various online analyses done which can help you study the patterns of fluctuation.
Advantages for the receiver
Bitcoin can be acquired through various marketplaces called bitcoin exchange where you can make the buy and sell decision by using multiple global currencies. There are numerous mining options like solving complex mathematical puzzles, through which you can win few numbers of bitcoins as prize money. These currencies are saved in virtual digital wallets which is cloud-based. It has been seeing drastic fluctuations in past few years and thus makes it a high-risk zone, but is worth an investment if you want to make fast money. In case you are receiving payment through bitcoin, you need not pay any processing fee. A very negligible fee is charged to the sender. There is no limitation or currency conflict in trading it worldwide, as all the world currencies can be used to sell and buy these crypto currencies.