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.

Government seized Bitcoin Auction

3 hours ago 1 minute read 0 comments Chadayan

One of the Leading UK Government Auction houses is auctioning Bitcoins.  The action Starts at  14:00, Wednesday 4th November UK time and ends at 14:00, Thursday 5th November(24 hours). If anyone interested then needs to deposit £500 before 24hours. I...

Protect yourself from Covid: Buy Bitcoin!

4 hours ago 4 minute read 1 comment Simplify Crypto

Coronavirus has changed everything in our life! One aspect that many have already felt directly "on the skin" was its harmful effects on the income received. Whether by reducing wages or even by falling unemployment. This happened because many countr...

American Elections, second wave of coronavirus and bitcoin.

4 hours ago 1 minute read 0 comments CryptoNights

Trump: A package of post-election support measures.   Trump does not agree with any plan to alleviate the US economy due to the pandemic before the November 3 elections. The White House seems unable to bridge the gap between Republicans and Democra...

New workshop & free online course by Andreas Antonopoulos [Introduction to Bitcoin and Open Blockchains]

4 hours ago 3 minute read 1 comment katerinaramm

Hi everyone! In this post I will briefly describe my opinion about education, I will let you know what kind of blockchain seminars I have watched and I will inform you of a brand new workshop/seminar that has just launched by Mr Antonopoulos! Y...

Iran and mining farm

4 hours ago 2 minute read 0 comments odisseo

In Iran, some recent government decisions allow the Central Bank to acquire Bitcoin. The question is that of BTC mining, given that the country has started granting permissions to mining farms. However, it is now revealed, thanks to the ISNA (Iranian...

Blockchain Bites: Coinbase’s Card, Avanti’s Approval, FTX’s Fractional Stocks | CoinDesk Review

4 hours ago 1 minute read 0 comments Blockchain Reporter☑️

CoinDesk's Blockchain Bites is an amazing way to see what's happening these days in the Blockchain world. Today, Daniel Kuhn published an interesting article where he said that *FTX is now offering a tokenized way to trade fractions of stocks. Coinba...

Iranian Central Bank Will Use Mined Bitcoin to Purchase Imports

5 hours ago 1 minute read 2 comments Abhimanyu Krishnan

The Iranian central bank has asked registered Iranians miners to sell mined Bitcoin (BTC) to it, according to a report from state-run media outlet the Iranian Students’ News Agency (ISNA) on October 29. The ISNA reports that the central bank is aimi...

🗞 Daily Crypto News & Video October, 30th 💰

5 hours ago 4 minute read 0 comments Crypto_Lemon

Welcome to the Daily Crypto News: A complete News Review, Coin Calendar and Analysis. Enjoy! 🗞 Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash The price of Bitcoin abruptly dropped 4% from the day’s peak as the uncertainty in t...

Deflation / Inflation: Musings

6 hours ago 4 minute read 2 comments Bit Brain

This started as a Tweet. Then it grew a little. Then it grew a little more. Now here we are… As the “Musings” in the title suggests, this little monologue is entirely off the top of my head – unapologetically raw in its lack structural planning or fo...

30 Oct: There's Not Enough

6 hours ago 1 minute read 0 comments TheCryptoCurator

Crypto Community it's FRIDAY! We are red across the top 5 except Bitcoin which continues to suck the air out of the room. Harrowing figure highlights how there isn't enough Bitcoin to go around, Iran becomes the first country to use Bitcoin as a medi...