Bitcoin (BTC) News, Price Predictions and Opinions

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.

Could Cryptocurrencies Replace Cash ?

23 May 2020 2 minute read 0 comments Zwayzoo

By NATHAN REIFF   At the beginning of the cryptocurrency boom, Bitcoin seemed to be the unquestioned leader. Up until early this year, Bitcoin accounted for the vast majority of the industry’s market capitalization; then, in a span of just weeks,...

Coinmarketcap 22/05/2020

23 May 2020 1 minute read 0 comments sevillaespino

Well my we arrive to next Friday with the weekend, I hope the market keeps up with us and we have a weekend of good news or stability as well as I wish all my supporters have a nice Saturday and Sunday. Today's market after 2 consecutive negative da...

Mining into Bitcoin Adresses ! - What is the Version-Byte ?

23 May 2020 2 minute read 0 comments CryptoUser

  Blockchain-based currencies use encoded strings, which are in a Base58Check encoding with the exception of Bech32 encodings. The Base58Check encoding includes a prefix (traditionally a single version byte), which affects the leading symbol(s) in th...

The authorities of the Chinese province of Sichuan demanded to ban mining

23 May 2020 1 minute read 1 comment Kluma

The local government threatens investigations and administrative penalties in case of failure to comply with orders Local authorities in the Chinese province of Sichuan have issued a notification to subordinate authorities demanding to ban cryptocurr...

CL on Coinsbit! Get ready for the launch of the new IEO

23 May 2020 1 minute read 0 comments I'm cripto's tesla

Good Day Everyone! While others are too busy, I'm still busy too to promote something incredible that might help us to gain more wealth. I'm talking about the launch of CL in Coinsbit. The CL PROGRAM provides a simple, fast and secure exchange betwee...

Transfer 50 bitcoins from an 11 year old wallet!

23 May 2020 3 minute read 10 comments CIZED🦋

On Wednesday, an unidentified man transferred 50 bitcoins worth approximately $ 486,000 from an address containing coins extracted in the first month of the main Bitcoin network launch in 2009. The move has caused a stir in the digital currency world...

NULS Bimonthly Report -- First Half of May

23 May 2020 3 minute read 0 comments NULS

Technological Progress NDEX core product and features developed, internal Alpha testing completed. NDEX Beta open community testing underway. NerveNetwork Wallet and its Explorer are in the final stages of development with the assistance of NULS NTC....

"Coinbase Effect" On OmiseGo: Is The Good Old Days of Coinbase Pump Back?

23 May 2020 1 minute read 16 comments xqanxxx

It was on the 14th of May that Coinbase announced the listing of OmiseGo(OMG) on CoinbasePro and later on Coinbase. Both announcements can be said to have influenced the surge in the Price of $OMG within a period of one week. OmiseGo is up about 176....

Everything That Nobody Has Told You About Bitcoin Pizza Day So Far

23 May 2020 8 minute read 0 comments Rubika Ventures®

Key facts: in May 2010, Laszlo Hanyecz paid 10,000 BTC for two pizzas; Bitcoin Pizza Day became a day of celebration for the bitcoin community. Friday, May 22, turned 10 years old, the first decade, since the first purchase in the history of Bitcoin...

Ethereum faces a difficult choice

22 May 2020 1 minute read 5 comments World Crypto

As a result of yesterday's fall, Ethereum collapsed to the line of upward support, relevant since the formation of the bottom on March 13. Now the main question is whether the quotes will continue to fall or if there will be a rebound up from the cur...