Bitcoin is a global cryptocurrency that has grown tremendously in market capitalization and value since its inception in 2009. It is a digital currency generated through a computer algorithm and encrypted to provide security. Bitcoin gets its name from cryptography concepts like hashing that act as a fingerprint or DNA for each bitcoin. Transactions are recorded on a distributed public ledger called a blockchain to provide transparency. While bitcoin allows for easy international transfers with low or no fees and high transparency, it also faces challenges of requiring strong networking, limited mining feasibility, and demand/supply price volatility due to a finite number of bitcoins.

1. BITCOIN
A GLOBAL CURRENCY
Presented By -
Ankit Agrawal
Gupteswar Satapathy

2. What is Crypto Currency?
• Generated by computer algorithm
• Digital Currency
• Encrypted

4. 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

6. What is Bitcoin ?

7. Cyber- Alladin

8. 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

9. Why it is named Cryptocurrency?
Cryptography :
Concept of Hash – Fingerprint & DNA of
Bitcoin

10. Hash

11. Concept of Blockchain

15. 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

16. Use of Bitcoin

17. How to acquire bitcoin?

18. 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

19. 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

21. Thank You