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The history of Bitcoin

Crypto currency is considered the future of the financial system: many believe that soon bitcoin will replace all cash and bank cards. Given how quickly the digital currency sphere develops, such an assumption is justified. About the impressive yield received by traders in 2017 already said a lot, so we propose to go back to 2009, when bitcoin just came into being.

In January 2009, someone under the pseudonym Satoshi Nakamoto presented the first version of the bitcoincheck to the public and organized the launch of the system. It is still unknown who is behind the pseudonym Nakamoto. Journalists have repeatedly tried to reveal the identity of the mysterious creator of bitcoin, but so far these attempts have not been crowned with success.

At first, very few people understood what was going on. The first "breakthrough" was the creation of a thematic forum, an analogue of the current Bitcointalk, where associations were gradually created to improve the system. As the popularity of bitcoin increased, and its value, from $ 0.06 to $ 0.5. This led to the emergence of the first stock exchange Mt. Gox crypto currency, where you could exchange and buy crypto-currencies. If someone had guessed how much noise would bankrupt this exchange in 2013! At the same time, an incident occurred that questioned the safety and invulnerability of the idea of ​​bitcoin: an anonymous user created 182 billion bitcoins - while the number is limited to 21 million. The error was quickly corrected, and since then there has been no question of security for the bitcoin system as a whole. In February 2011, the bitcoin rate was $ 1, and then many decided that it could not cost more. How surprised they were, when by May the price increased 28 times! By August 2011, there were other crypto-currencies. This happened because there were more and more proposals for upgrading the system.

The price of bitcoin from 2011 to 2014 was very unstable. There were several reasons. At first, the price accelerated against the backdrop of speculative purchases and active promotion by those who already use bitcoin, and then something bad happened, which forced everyone to get rid of crypto currency. 2012 was marked by a series of hacker attacks. Many users bitcoin said that with their wallets all means were gone. And in 2013, the world kriptovalyut shocked at once two events. First, Mt. Gox, which was one of the three largest exchanges in the turnover of bitcoin, declared problems and later declared bankruptcy. Then followed a loud trial in the case of the site Silk Road, where you could buy illegal goods, for example, drugs and weapons, for bitcoins. This dealt a serious blow to the reputation of the Crypto-currency. The main advantages of the technology - decentralization and anonymity of payments - began to be considered shortcomings. Nevertheless, progress was on the face: there were dozens of new crypto-exchange exchanges, as well as various projects based on blocchain technology.

Since 2014, favorable conditions have been developing for the development of the Crypto-currency. This is due to the appearance of the Ethereum platform. Up to this point, it was thought that only crypto-currencies could be created on the basis of the block, but Ethereum was primarily a platform for implementing various projects based on "smart contracts". The brightest application for the technology was found in the field of attracting investments for start-ups - ICO. If earlier the collection of investments for the implementation of a business project could take months and even years, now much more can be achieved in a few hours. And, although many ICO turned out to be a scaffold, real projects that managed to create a worthy product brought investors hundreds of percent of profitability. The issue of legalization of crypto-assets has significantly improved. If earlier in a number of countries (for example, in Thailand) crypto-currencies were banned, today it is a question of readiness to officially recognize them as an analogue to the currency of the Fiat. Japan became the first, followed by Vietnam and Australia. Even the question of bitcoin hardrock resolved quite positively, although many expected a series of technical failures after the separation of the protocol. Finally, the issue of trading was settled. In place of exchanges that discredited themselves with money-laundering or were completely closed, brokerage companies came in with regulation and protection of client funds.

Так, брокер AMarkets регулируется Международной финансовой комиссией, которая защищает клиентов на сумму до 20 тыс. долларов в случае, если брокер не выполнит свои обязательства.