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.


Transform Group to promote CloudCoin – First Ever Created Cloud Digital Currency!

3 Jun 2020 3 minute read 0 comments CloudCoin

Transform Group to promote CloudCoin Transform Group is the world’s leading blockchain public relations, advisory, events, and social media company, with offices in New York, Los Angeles, San Francisco, Las Vegas, Toronto, and global headquarters in...

What is Bitcoin? The basics under 3 minutes

3 Jun 2020 1 minute read 5 comments Mamaecrypto

Hope you enjoy this simple "What is Bitcoin?" slide I put together for you. If you would like to learn more about BTC my best recommendation is certainly Bitcoin.org. That's a great resource! I also have a blog where I share my own Crypto journey, t...

How to store your crypto - part 3

3 Jun 2020 2 minute read 3 comments bitcoindelight

Welcome to the third part of my series 'How to store your crypto'. This series is all about sharing my insights storing cryptocurrencies in a secure way and hopefully, you won't join the people who have lost crypto due to bad management. Let us dive...

Beware of Bart

2 Jun 2020 2 minute read 0 comments Betsy Malone

Source Hello, I hope everyone is staying safe!  I'm going to attempt a weekly post to get back in the groove.  There are many things to beware of these days... and my recent chart analysis shows me some possible things to be aware of with BTC.  I've...

What characteristics have made Bitcoin more unique?

2 Jun 2020 1 minute read 0 comments AnAn

Here are five characteristics that make Bitcoin unique: 1 DecentralizationOne of Satoshi Nakamoto's main goals in creating Bitcoin was to create independence from third-party control. This network is designed for each person, each business as well as...

Cryptocurrencies could be taxed

2 Jun 2020 2 minute read 6 comments Roberto D.

The world of cryptocurrencies is seen by most as a kind of far west in which one gains (or loses) everything without accounting for the state about the payment of taxes.However, many governments are considering strategies to make money from this grow...

A Bitcoin Block, What are the Blocks in Blockchain?

2 Jun 2020 2 minute read 2 comments Thalers-r

A Bitcoin block is a piece of data that contains certain information. A block is one of many blocks in blockchain which are the chain links and form the Bitcoin blockchain. Approximately every 10 minutes, a new block is added to the chain. There are...

Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach

2 Jun 2020 1 minute read 0 comments RickeBeatz

Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued....

Bitcoin: energy value promises continued rally

2 Jun 2020 1 minute read 1 comment World Crypto

To determine the direction of the trend of the bitcoin market, there are a number of onchain metrics. One of these indicators is the energy value, which signals the prospects for an even larger-scale bullish breakout of the main cryptocurrency exchan...

GOOGLE AND CRYPTO

2 Jun 2020 1 minute read 0 comments Albert10.20

Like many big companies, it continues to invest in crypto projects, which it thinks will bring profit in the future, since last year on Google. Especially Google's Co-Founder Sergey Brin is very interested in cryptocurrencies and blockchain technolog...