*Article contributed by James R.
Do you currently hold Bitcoin or want to invest in Bitcoin and wonder what will happen to its price in the near future? What is the Bitcoin price forecast for 2020?
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This Bitcoin 2020 Price Forecast Guide starts with a brief overview of Bitcoin, followed by a brief explanation of the points to consider before you can invest on the basis of a Price Forecast Guide.
Bitcoin was created in 2009 by an anonymous developer named “Satoshi Nakamoto” and was the first and original crypto currency. Bitcoin allows people to send and receive funds without intermediaries. As such, it is a decentralized payment system. The network is neither controlled by a single person or authority nor supported by a central bank. Instead, transactions are checked by a community called miners, who use their computing power to confirm the movement of “funds”. According to CoinsSpent in return, miners are rewarded with an additional Bitcoin for their contributions to the network.[Read more…]