The very first cryptocurrency which has the living was Bitcoin that has been created on Blockchain technology and probably it had been introduced in 2009 by a mysterious person Satoshi Nakamoto. During the time writing that blog, 17 million bitcoin have been mined and it is believed that overall 21 million bitcoin might be mined. Another most popular cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Civic and hard forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.

It is preferred to users to not put all profit one binomo login and stay away from investing at the top of cryptocurrency bubble. It has been observed that value has been suddenly dropped down if it is on the maximum of the crypto bubble. Because the cryptocurrency is really a volatile market therefore customers should spend the total amount which they can afford to reduce as there is number control of any government on cryptocurrency because it is a decentralized cryptocurrency.

Bob Wozniak, Co-founder of Apple believed that Bitcoin is really a true gold and it'll dominate all of the currencies like USD, EUR, INR, and ASD in future and become international currency in coming years. Bitcoin was the very first cryptocurrency which arrived to existence and afterwards around 1600+ cryptocurrencies has been released with some special function for every single coin.

Some of the causes which I have seen and wish to share, cryptocurrencies have been created on the decentralized platform - so consumers don't involve an alternative party to transfer cryptocurrency from one destination to another one, unlike fiat currency wherever a user require a software like Bank to transfer money in one bill to another. Cryptocurrency created on a very secure blockchain technology and almost nil chance to hack and take your cryptocurrencies until you don't reveal your some critical information.