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 behavior.

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.

Reward Bounty Up to $250,000 in Bitcoin: Unique task is to hack the cold wallet of the GK8 Crypto custodian Firm.

4 minutes ago 1 minute read alberdioni8406 $0.00 tipped

First of all, don't get confused, it's a challenge made by the GK8, a Cryptocurrency custodian startup based in Israel, that is offering $250,000 in Bitcoin, if someone could hack their cold wallet! The amount will be a bounty reward starting in Feb....

Coinmarketcap 27/01/2020

14 minutes ago 1 minute read sevillaespino $0.03 tipped

Good evening my faithful readers and Welcome to the new ones, thanks to God we finished one more week of life, I hope you have obtained benefits from the market today as well as you have been able to spend the necessary time with the family in this d...

Drastically increase in EMRX Token Price in IEO event

38 minutes ago 1 minute read Shehara $0.04 tipped

Crypto stakeholders are willing to invest their money for a large Return of Investments (ROI). However, it is somewhat difficult to find a better platform where you can invest your money for the best value. Some investments are gonna fail and consequ...

BitcoinGold was Hit With 51% Attack

49 minutes ago 1 minute read kingscrown $0.10 tipped

BitcoinGold was AGAIN hit with 51% attack and double spend. Between Thursday and Friday there were detected two deep reorgs on BTG, both of which contained double-spends. Their details are listed below. All times are GMT. Thu, 23 Jan 2020 18:01:32 -...

Why I stopped using my Ledger Wallet - part 7 How to store your crypto

1 hour ago 2 minute read bitcoindelight $0.14 tipped

In the previous part of my series I made you aware of the fact that there is no way to access your private keys from a Ledger and pointed out why it was a deal-breaker for some people in the past. You can access all previous blog post from the list b...

The future of the Pi Network

1 hour ago 2 minute read CryptoChopATL $0.08 tipped

Roadmap for the Pi Network  Phase 1 - Design, Distribution, Trust GraphBootstrap. The Pi server is operating as a faucet emulating the behavior of the decentralized system as it will function once it is live. During this phase improvement in the use...

Lightning Network usage will increase, says Litecoin creator Charlie Lee

2 hours ago 1 minute read yemyy $0.28 tipped

The Bitcoin ecosystem has looked to the Lightning Network as a solution to its scalability problem for a long time; the second layer payment protocol is known to facilitate fast transactions. In a practical way, Bitcoin Lightning Network paves the wa...

Bitcoin mining: Iran issues over a thousand licenses to legally operate in the country

3 hours ago 2 minute read Roberto D. $0.14 tipped

Those who have followed the world of cryptocurrencies for quite some time will remember that there was a time when news of an imminent cryptocurrency ban in Iran was on the agenda; in this specific case, however, this was not a simple FUD, indeed the...

Curate Bitcoin 01/27/2020 by dobobs

3 hours ago 4 minute read dobobs $0.09 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Bitcoin Price P...

LTC overview for today: Close all open positions.

4 hours ago 1 minute read MadMaxx $0.27 tipped

Welcome to the first post in this series! In this series, I'll pick apart a certain Cryptocurrency and it's daily chart. Then I'll tell you what I think, and if I'd personally enter a trade or not. Oh, and these will all be cryptocurrencies I own. I...