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BITCOIN
A GLOBAL CURRENCY
Presented By -
Ankit Agrawal
Gupteswar Satapathy
What is Crypto Currency?
• Generated by computer algorithm
• Digital Currency
• Encrypted
Market Capitalization
0 0 1398134
32362666
142430120
8020567500
4357639536
6366854663
14514728615
71870445889
0
1E+10
2E+10
3E+10
4E+10
5E+10
6E+10
7E+10
8E+10
2009 2010 2011 2012 2013 2014 2015 2016 2017 Till date
What is Bitcoin ?
Cyber- Alladin
Bitcoins in Circulation
15600000
15700000
15800000
15900000
16000000
16100000
16200000
16300000
16400000
16500000
16600000
Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17
Why it is named Cryptocurrency?
Cryptography :
Concept of Hash – Fingerprint & DNA of
Bitcoin
Hash
Concept of Blockchain
Value of Bitcoin
0
500
1000
1500
2000
2500
3000
Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17
Use of Bitcoin
How to acquire bitcoin?
Advantages
• Ease of cross border remittance
• Less or no transaction cost
• Highly Transparent - Synchronised
• Immutable – can’t be altered
• 24*7 tradable
• Protect against identity theft
Disadvantages
• Proper networking is required
• Feasibility only if we trade only in one type of
cryptocurrency
• Its difficult to mine
• Due to limited number of Bitcoin, it has a
demand supply cost
Thank You

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