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Bitcoin is an anonymous bitcoin volatility 2013 nfl draft currency that's gaining ground in the digital world. Bitcoins only exist virtually so it's not possible to hold them in your hand or keep them in your wallet.
Bitcoins are stored in a virtual wallet on your phone or computer. The crypto currency is controversial because it is utilized on websites on the Dark Web that allow customers to buy things like illegal drugs and stolen identities on the virtual black market anonymously.
It's also volatile with bitcoin's value skyrocketing and plummeting often. Still, it's gaining popularity among legitimate websites. Joshua Havens said he will allow his customers to purchase snacks using bitcoins on his site "Moonlight Munchies" set to launch in April. There are dozens of crypto currencies but bitcoin is the most recognizable.
Haven has watched bitcoin prices skyrocket as it has become more mainstream. One of the ways people get bitcoins is through a process called "mining. Computers sort out the complicated algorythms to release new coins.
He is a numismatic, studying and collecting currencies. Havens said the solution is to establish government regulations on online crypto currency exchanges. People shouldn't be able to get robbed because they were using a crypto currency," said Havens.
Still, Havens has faith in the future of crypto currencies. He only has a small fraction of a bitcoin in his bitcoin volatility 2013 nfl draft wallet right now but he hopes that will change with his bitcoin-friendly business.
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