Bitcoin is an electronic currency  that is isolated from conventional banking and came into started in 2009. Bitcoin is considered by the best online brokers as the best digital currency out there. It uses computer systems to take care of complex problems known as algorythms, with a specific goal of confirming and recording the elements of every exchange made.
The Bitcoin exchange rate is totally divorced from the influence of any banking or financial institution or body and there is no single entity that oversees the supply of Crypto Currency. However,  Bitcoin price relies on the level of confidence its clients have in it. As more significant and larger organizations acknowledge Bitcoin as a viable method of payment, the more effective Bitcoin will be.
You can make a purchase, send money secretly to somebody or use it as an investment. An ever increasing number of vendors have been accepting bitcoins as payment. By using bitcoin over money, you are essentially making that purchase anonymously. A similar thing goes for sending money, The fact that you don't need to present a pile of cash with the goal of setting up a bitcoin namelessly, essentially you can send money to another person secretly and anonymously.
Because of the obscurity of bitcoin, the gambling business has adopted bitcoin as payment. Both bitcoin casinos and bitcoin poker locales are becoming popular, offering their players opportunity to make accounts, play with bitcoin at the tables and withdraw directly to their wallet. This implies there's no audits or any methods of government control. Much like a normal Nevada casino where you don't have to register and all your exchanges are anonymous.
How Do You Send Bitcoin
With the goal of paying for products and services or to send bitcoins to an individual, three things are required, your bitcoin address, your private key and the individual's bitcoin address. 
Bitcoin doesn't experience these bad effects of low inflation. Bitcoin mining is restricted to only 21 million units. This implies that the creation of new Bitcoins is slowing down and all 21 million will be mined within the next couple of decades. Specialists have speculated that the last Bitcoin will be mined by 2050.
Bitcoin's value is not controlled or influenced by any legislature and is a digital currency accessible to all around the world.
Bitcoin is anything but difficult to store or transport. A billion dollars worth of Bitcoin can be stored on a memory stick and put in one's pocket. It is that simple to transport Bitcoins as opposed to paper money.
One disadvantage (depending on your viewpoint) of Bitcoin is its untraceable, anonymous nature, as Governments and other entities can't follow the source of your assets and therefore it is not easy to steal or claim your assets. How to Make Money with Bitcoin
Unlike conventional currencies, there are three approaches to making money with Bitcoin, saving, exchanging and mining. Bitcoin can be exchanged on open markets, which implies you can purchase Bitcoin low and offer them high.
Volatility of Bitcoin value of Bitcoin dropped recently as a result of Mt. Gox ceising to trade bitcoin, Mt. Gox is the biggest Bitcoin exchange on the planet. It has been speculated by unsubstantiated sources that exchanging was stopped because of software-related burglary that was said to be worth more than 744,000. The episode has influenced the trust of the investors in the virtual currency negatively.
As per Bitcoin graph, the Bitcoin price had gone up toi up to more than $1,100. That was when more people ended up taking notice of the digital currency. That was when the the episode with Mt. Gox happened and it dropped to around $530.
India has up to now been refered to as the next likely popular market that Bitcoin could move into. Africa could likewise profit massively from utilizing BTC as a currency-of-exchange to get around not having a working national bank framework or whatever other nation that depends vigorously on versatile installments. Bitcoin's extension in 2014 will be driven by Bitcoin ATMs, portable applications and tools.
The bitcoin experience
More and more people are acknowledging the use of Bitcoin and users are confident that one day the digital currency will be used by buyers for their web based shopping and other electronic transactions. Reputable organizations have effectively acknowledged transactions utilizing the virtual currency. As an example of the reputable companies who have include Fiverr, TigerDirect and Zynga, among others.
The Future of Bitcoin
Bitcoin works, however naysayers have claimed that the digital currency is not ready to be used by the masses due to its volatility. They also express concerns over the hacking of the Bitcoin exchange in the past that brought about the loss of a large sum of money.