Читать книгу Cryptocurrency All-in-One For Dummies онлайн

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But by the time everyone started talking about Bitcoin, it went crashing down to around $120 billion and stayed there for most of 2018. It maintained its number one ranking among all other cryptocurrencies, though. The main reason behind this position may have been that most people had heard a lot (relatively speaking) about Bitcoin but not so much about other cryptocurrencies. So even though they had several hundred other altcoins to choose from, even some that may have been better long-term alternatives to Bitcoin, most newbies who wanted to get involved in the market started out with Bitcoin.

Another reason for Bitcoin’s huge market cap is its accessibility. It’s pretty safe to say that all cryptocurrency exchanges (see Book 5, ssss1) carry Bitcoin. But not all exchanges list all altcoins, at least for now.

Here are some main features of Bitcoin:

 Bitcoin’s trading symbol is BTC.

 Bitcoin is mineable.

 Coin creation occurs through proof of work (PoW; see ssss1 of this minibook).