Those who embraced the digital currencies early enough experienced a great return on their investments. While many investors may have dismissed the cryptocurrency revolution as a craze that would lose is steam in no time, it’s now becoming clear to most people that this is a concept which is here to stay. However, Bitcoin is now seeing its value reach unprecedented highs, reaching $61,000 back in March, and has received endorsement from big tech leaders such as Elon Musk. Reasons touted by experts for this have included a decrease in enthusiasm in China, the cooling down of traditional markets, and concerns regarding regulation. Released in January 2009 after being founded by Satoshi Nakamoto, the Bitcoin market has seen its ups and downs over the years.Ģ019 saw Bitcoin crash twice in the space of three days, tumbling below £5,400 ($7,000), a six-month low. If you are looking to get more involved in getting to grips with Bitcoin and all of the potential that it has in the online world, we have compiled a list of some of the best apps to download onto your smartphone or tablet. It is essentially an encrypted asset that can be earned through the method of mining or exchanged for using fiat currency. The idea of Bitcoin and the way that it works can be tricky to get to grips. With this concept has come with a variety of Bitcoin apps.īitcoin has defied all predictions in the fact that despite criticisms, it has made records through reaching a value of over $1 billion! And, while it has yet to extend beyond being used by tech enthusiasts and the online gambling community, the potential of Bitcoin is slowly being realised as there are more and more crypto-currencies emerging on the market.

The Bitcoin phenomenon is well and truly upon us, with its current impact dubbed as being the driving force edging us towards a Fourth Industrial Revolution of all things! Bitcoin is a currency that is pushing the boundaries of what we consider to be ‘currency’ and does precisely what fiat currencies do not- Bitcoin is free of regulation, totally anonymous and has a value that is not determined by supply and demand. When Satoshi Nakamoto began working on the very concept of Bitcoin he most probably was not aware of the significance that his creation and the Bitcoin apps that would follow would have on our lives in the present day.

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