After the “pizza day”, Bitcoin was used by more and more people for real payment scenarios, and the use of Bitcoin become more widespread. More and more people accept it, and the value of Bitcoin is beginning to show. As bitcoin can only be produced quantitatively, and after repeated trading, the price is getting higher and higher.
Bitcoin’s continued rising trend has directly attracted many speculators or competitors. They have introduced new digital currencies by copying and modifying a small portion of the bitcoin code. From 2011 to the present, at least hundreds of them have appeared. Later, we collectively referred to the digital currency of these fake bitcoins as Altcoins, among which the most famous ones are Litecoin, Dash and Dogecoin.