26 Jun '13, 7pm

How Much Is Your Bitcoin Worth? Use This Calculator

How Much Is Your Bitcoin Worth? Use This Calculator

Bitcoin is a decentralized cryptocurrency that offers pseudonymity to its users. Although a Bitcoin has no intrinsic value, its becoming an increasingly popular form of digital currency, attracting venture capitalist attention , from Fred Wilson of Union Square Ventures to the Winklevoss twins. There is a limited supply of Bitcoins, 21 million in total, with 11 million currently in circulation. While Bitcoin allows you to keep your identity concealed, the block chain acts as a public ledger of every Bitcoin transaction. Part of their appeal, Bitcoins can avoid centralized banking fees and international money wiring fees. SEE ALSO: If a Google Employee Dies, Spouse Gets Half Pay for 10 Years There are a few different ways to acquire Bitcoins. You can mine a Bitcoin , but as the supply of unmined Bitcoins diminishes it becomes increasingly difficult and technically complex t...

Full article: http://mashable.com/2013/06/26/bitcoin-exchange-calculator/

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