Bitcoin is a digital currency, which allows transactions to be made without the interference of a central authority.
The cryptocurrency system is a peer-to-peer open-source software, meaning computers are part of a mining process for coins.
If you have any questions regarding trading in Bitcoin, Dogecoin, etc, this is your section to discuss!

I read that 1 Bitcoin cost a dollar in Feb 2011 so if you bought a hundred at the time they would now be worth nearly 5 million dollars.

I wonder how many people in Kenya hit the bitcoin lottery.

Where do I start in this bitcoin maze

If you bought 100 bitcoin in 2011 at $1 per coin, you would not be worth 5 million dollars today because you don’t have diamond hands.

Download any digital wallet. I find paxful wallet convinient.


Okay, can you expound? 1 Bitcoin today is worth $47,000 so 100 bitcoins are worth $4,700,000 ama nimekosea pahali?

haujakosea but very few people would have held on for that long and rode the volatilty .Kama ungenunua na 1 usd you most likely would have sold at 10usd


I mean holding. Most people who bought at $1 sold a long time ago maybe at $2.

I bought & sold lots of BTC in 2012! I didn’t know it will get this big

The real question, what will be the value of 1 Bitcoin in the next 5 or 10 years?

What will happen after almost all Bitcoins have been mined?

Apart from Satoshi Nakamoto and the Winklevoss twins, very few people have held on to bitcoin since the early years.

That’s none of your concern. You will be long dead by 2140

Alternatively ,the coins would have been stolen in exchange hacks ie Mt Gox

I had some btc that went down with Alphabay when they exit scammed. Not much though.

120 years to go

banae, ungekua birrionea sai ukitulia huko maldives si kusumbuana na peasants huku:D

But what do think about Bitcoin’s value in the next 5 or 10 years?

My guess is it will hit $100,000, or probably more.

ucseme! But it’s always good to take the risk early on anything that is tech related