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Ashwin Rawal
Active Member
Joined: 2 years ago
Posts: 5
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What is BITCOIN ?

Many people do not know what is Bitcoin. It is a new digital currency in the world. The price of the Bitcoin is flactuating constantly like Sensex. To understand the Bitcoin in details let us see what is written in Google.

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on Central authorities. Over the course of Bitcoin's history, it has undergone rapid growth to become a significant currency both offline and online. 2010 onwards some businesses on a global scale began accepting bitcoins in addition to standard currencies.

On 31.10.2008 a link to a paper authored by Mr. SATOSHI NAKAMOTO titled ' BITCOIN -A Peer to Peer - Electronic Cash System ' was posted to a Cryptography maling list.

On 3.01.2009 the Bitcoin network came into existance with the release of the first open source bitcoin to clients and the issuance of the first block of bitcoins by Satoshi Nakamoto.

( Ref. Google )

In short Bitcoin is a digital currency in the world market now a days and more and more people are attracted to this currency. Like a big premium Share, the price is increasing day by day.

The price of 1 Bitcoin was 1 dollar in February 2001 and today on 18 December 2020 the price is around 23012 US Dollar. So many buyers of Bitcoins in US have become multi millionaire ín just couple of years.

I have tried to know the future trend of Bitcoins from the date of its Launching. I think this is the first article on the Bitcoin future forcast merely on Astrological ground.

We will analyse the chart. For the company chart we have to take the exact mid day time so in this chart Capricorn is rising in the east with Rahu, an illusory planet in the Ascendant. This is the big asset in this chart. People will always be in Illusion for Bitcoin's future.

Sun as lord of 8th in 10th has hidden strength for fast growth. Mars as lord of 11th is giving energy to Sun. Sun is debilited and aspected by Saturn so Govt has not given permission yet to accept this Bitcoin as currency. Mercury lord of 9th is vargottami and placed in 9th has made Bitcoin so trustworthy and strong. Jupiter in 12th also in Saggitarius so all countries of the world will be attracted to Bitcoin in future. 2013 might be a hard time for Bitcoin and might have faced some legal problems since Saturn was crossing Sun.

Every year 14th January to 15th February and 16th July to 16th August will be a turning point in the price of Bitcoin. Same way some negative trend may be seen around 9th March every year. Watch this.

Now let us study the near future. From now onwards period for Bitcoin will be much positive and I see the Bitcoin price may touch 33000 US dollar in couple of months. Overall future of Bitcoin seems to be safe till 2027 at least.


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