Bitcoin and online currency

"Crypto Payment Systems"

The anonymity of bitcoin

The transaction of bitcoin is always recorded in the public logs but still the names of the buyers and sellers are never recorded here. Just their wallet IDs are used in that case. This keeps the transactions of the user fully private. It allows the users to buy and sell their bitcoins without even tracking it back to them. That is why it has become people’s choice to sell and buy or some of them may use it as an asset of investment hoping that the price will increase in the future. The ability to predict the price fluctuation in the future of bitcoin can facilitate more and more future investment and payment decisions.