Did you know? November2017

didyouknow

Q.  This is a crypto theory that denotes a high correlation between the price of a bitcoin and internet search for bitcoin.

A.  Satoshi cycle is a crypto theory that denotes a high correlation between the price of a bitcoin and internet search for bitcoin. This term was coined by bitcoin expert Christopher Burniske in August 2017 when bitcoin hit a record high in the market. A probable example for project management could be if a project often comes up in reports, presentations etc. to senior management, its visibility and value will increase in an organization.

Bitcoin is a cryptocurrency that was created by Satoshi Nakamoto, and came into existence on January 2009. Towards the end of the year, the currency had an exchange rate of USDBTC 1,309.03 based off the cost of electricity required to mine one coin. Bitcoin is a virtual, intangible, decentralized digital currency, and transactions made with it cannot be reversed. The digital world accepted Bitcoin as a method of payment mostly due to its characteristic of providing some anonymity to its users.

[Source – Internet]

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