Everything you need to know about bitcoin

The question that many people are asking themselves right now is: “Why didn’t I get myself some bitcoins when they were cheaper?” Suddenly, the digital currency that threatened to become irrelevant is back in the news for succumbing to market dynamics like all currencies. So does this mean that bitcoin will soon be as mainstream as the US dollar or the Euro? Not exactly, but after a seriously high value of $260, the currency has now fallen to a low of $70 (at the time of this writing). The largest bitcoin exchange in the world, MtGox is still reeling from the hack attack, and there’s a bitcoin-generating malware that’s spreading across Europe via Skype. So naturally, all attention is now focused on bitcoins. But before you start looking for ways to get some in your digital wallet, let’s see what bitcoins are all about? 

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