Bitcoin (BTC)

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Bitcoin (BTC) is a pioneering digital currency invented by a yet-unknown individual or group of individuals presented as Satoshi Nakamoto. Early development began in 2008, during the financial crisis of 2008, with the landmark paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” being released on October 31, 2008. The primary purpose of Bitcoin is in the space of P2P financial transactions, though some supporters envision it more as a store of value.

Often called “Digital Gold” for its monetary properties which are similar to gold, the enduring popularity and market resilience of Bitcoin has encouraged the growth of other cryptocurrencies, and as a result it has come to be known as the “mother” or “father” of all cryptocurrencies. Initially limited to all but the most ardent technology enthusiasts, Bitcoin was responsible for convincing the masses that a P2P financial system devoid of middlemen and centralized was in fact possible, a characteristic made possible through its Proof-of-Work consensus algorithm which incentivized good behaviour.

Since its inception in early 2009, Bitcoin has been through a number of changes and incidents, yet continues to thrive as the most popular token in the cryptocurrency market. This includes the famous Mt. Gox incident and several such cycles of price spikes and drops. The enduring nature of Bitcoin is a quality that is highly cherished by its proponents. Many tokens have been inspired by it, including similarly envisioned token Litecoin (LTC), which is often said to be the silver to Bitcoin’s gold. Because of the popularity and established nature of Bitcoin, it is often the base pair with which other cryptocurrencies are traded.

In this tag, read Bitcoin (BTC) news, price predictions, opinions and analyses created by users.

BTC, ETH, XRP, LTC, BCH Price Analysis For 22-26 of June

1 day ago 4 minute read CryptoChartWizard91 $7.37 tipped

The cryptocurrency markets have been falling this month after going on an epic surge during May and June 2019. With Bitcoin falling and creating lower lows it felt like a good time to provide a quick overview of the top 5 projects! Bitcoin Bitcoin ha...

Can Monero (XRM) Overshadow Bitcoin (BTC) In the Next 5 Years?

1 day ago 1 minute read JamesM $6.31 tipped

It may just be possible. Monero is one of the best privacy tokens. It has been around for a long time and the team is consistently plugging away at their development initiatives. Privacy tokens are really desired by the cryptocommunity and while seve...

Where Bitcoin Price is Headed in The Next 2 Weeks?

4 days ago 1 minute read CryptoChartWizard91 $2.15 tipped

Bitcoin has been slowly depreciating over the past 7 days, dropping by a total of 11% to bring the price for the coin down to the $10,405 level. The cryptocurrency had gone as low as $9400 but had managed to find support around this level allowing Bi...

Online Bitcoin Wallet For Beginners

1 day ago 4 minute read MariusN $1.83 tipped

Cryptocurrencies began to grow again in the price and volume of capitalization, and this means that it is time to think about investing. If you are a beginner, you probably have a lot of questions. Particular attention is paid to Bitcoin — the standa...

If Bitcoin is The New Gold, is Litecoin or Actually Bitcoin Cash The Silver of Crypto?

16 hours ago 1 minute read Da_Sound $1.76 tipped

People regularly call Bitcoin “digital gold” for being an ideal store of value, fungible and generally possessing the same properties as gold, but with advantages. It is also the measure against which other tokens are valued, similar to gold and curr...

Mixing Ethereum Transactions For Anonymity

3 days ago 1 minute read scottcbusiness $1.74 tipped

Do you have Ethereum you want to send, but want to ensure the transaction is completely private and anonymous without having to convert your crypto into a private coin? Now you can do so with an Ethereum mixer. So, I’ve previously done a blog on Bit...

Facebook, Libra, Bitcoin and Incent

4 days ago 2 minute read Incent $1.34 tipped

The world is moving to a new system of creating and using currencies – and it’s hugely exciting that Incent is a part of that! There is suddenly a lot of interest in digital currencies at the highest levels of government. Facebook’s announcement that...

High Risk or Safe Haven - What drives people towards Bitcoin around the world?

2 weeks ago 4 minute read connecteconomy $5.79 tipped

I often look into surprised faces when I say that many people use Bitcoin as an insurance policy - as a way to preserve their wealth.  Outsiders typically believe that Bitcoin is just a speculation tool "to get rich". They also believe that Bitcoin i...

Best Places for Trading Bitcoin and Cryptocurrencies

1 day ago 23 minute read Jimmy D $1.02 tipped

Bitcoin and cryptocurrencies have become all the rage of late.  Well, to be completely honest, all the rage for quite some time for those in the know.  Considering what happened in the bull run of 2017, I suspect when price action kicks off again, th...

Five legitimate ways to earn crypto through referrals

1 week ago 4 minute read connecteconomy $4.74 tipped

There are many opportunities to earn referral commission in the crypto space - after all, rewarding the community for sharing is the fastest way to market a new product. But not all of them are really attractive and some of them are downright frauds....