BTC IDR Price Prediction Today: Is It Increasing Enough?

Bittime - Study of the first peer-to-peer digital asset, Bitcoin, which has a mining process, a maximum coin count of 21 million, and the ability to transact without intermediaries. In the last hour, Bitcoin price fell 0.1%.

What is BTC?

Bitcoin is a peer-to-peer online currency, meaning all transactions occur directly between the same, independent network participants without requiring permission or support from intermediaries. Nakamoto stated that the purpose of creating Bitcoin was to make it easier to send online payments directly from one party to another without going through a financial institution. 

Although some concepts of similar types of decentralized electronic currency had emerged before Bitcoin, Bitcoin has the distinction of being the first crypto asset to come into real use.

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How Many Bitcoins Are in Circulation?

Bitcoin software limits the number of coins that can be used to 21,000,000 coins. A process known as “mining” in which miners take transactions sent across the network and put them into blocks, which are protected by complex cryptographic calculations.

For each block they add to the blockchain, miners receive rewards in exchange for using their computing resources. The reward price was fifty bitcoins per block at the start of Bitcoin's launch. 

However, this number is halved because every 210,000 new blocks mined takes about four years of network time. In 2020, the block reward of 6.25 bitcoins has doubled and tripled.

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BTC IDR Price Prediction Today

Bitcoin (BTC) is worth IDR 1,072,159,546 today, which is a decrease of 0.1% from an hour ago and an increase of 0.8% since yesterday. The value of BTC today is 1.2% lower than its value 7 days ago. In the last 24 hours, the total amount of Bitcoin added was IDR 431,946,382,098,322.

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Conclusion

Bitcoin, a peer-to-peer digital asset, was designed to make online payments easier by enabling direct transactions without intermediaries. Bitcoin miners pay Bitcoin half every 210,000 blocks, and there are only 21 million coins that can be created. Bitcoin price is currently down 0.1% in the last hour. That's up 0.8% from yesterday and down 1.2% from the previous week. Because it is the first decentralized digital asset with a limited quantity and strict mining process, Bitcoin is highly valued in the crypto market.

How To Buy Bitcoin (BTC) With Bittime

You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Bitcoin (BTC) is available on Bittime with BTC IDR pairing.

To be able to buy IDR IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.