This un-regulated , open sourced and virtual currency(BTC) has gathered a lot hype. With the estimated worth of $10 Billion, there are plans to install Bitcoin ATMs into the real world. One of the most valuable currency at around $950 per BTC, the concerns over its stability are rising. Without going further, it is essential to know what actually is a Bitcoin. Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. What has made it so popular is the number of advantages that bitoins carry. bitcoins are transferred from person to person, that is no need to use banks as intermediary. As a result, the transaction fees ( like that of Paypal or Banks ) is very minimal. Transferred immediately, free from government rules and open sourced The same currency (BTC) can be used in various countries to buy and sell goods. No need to exchange the currency. Can use Mobile Phones, tablets to tra...