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.


The Digital Dollar Whitepaper is Here - The US CBDC Project Evovles in the Face of COVID19 and Riots

2 hours ago 8 minute read 2 comments bettercallpaul

Hey Everyone!  Probably one of the most important developments in cryptocurrencies, blockchain technology, and economic policy as a whole just occurred on May 28, 2020 with the publication (by the Digital Dollar Foundation, the thinktank tasked with...

Derek's CryptoMusic #25

3 hours ago 1 minute read 0 comments Derekt

Derek's CryptoMusic #25   One of my TOP 10 artists ever... this is an important one!!! Celebrating 25 CryptoMusic releases!!!   Today I am bringing you the work of: Boards of Canada   Boards of Canada are a Scottish electronic music duo consisting o...

🗞 Daily Crypto News, June, 1st💰

3 hours ago 4 minute read 0 comments Crypto_Lemon

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back; Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv; The Battle for the Future of Money, Feat. Lawrence Summers, CZ, Michelle Phan, the Winklevo...

DAILY CRYPTO NEWS AND TOP CRYPTO EVENTS

3 hours ago 1 minute read 0 comments Creativeboy

Top Crypto Events Planned   Travala.com (AVA): Reddit AMA We will start collecting questions now and begin answering them on Tuesday 2nd June.  Horizen (ZEN): ZEND 2.0.20 Deprecation Current core software - ZEND 2.0.20 set to be deprecated on June 2n...

Laszlo Hanesh: "Satoshi initially thought out bitcoin mining on video cards»

3 hours ago 1 minute read 0 comments Kluma

Lazlo Hanesh, who is known for buying pizza for 10,000 BTC in 2010, said that in may of the same year, he developed a mechanism for mining bitcoins using video cards, and even wrote about it on a forum Bitcointalk.org. After that, he received a lette...

01 June 2020 Betting Tips

4 hours ago 1 minute read 0 comments betebet

Today’s Betting Tips We are starting a new month. I hope we profit a lot :) I choose the following for today. Here are my picks.Good luck… You can bet at Cloudbet & Get 5 BTC sign up bonus! FC Cologne v RB Leipzig: Over 2.5Bet at Cloudbet AGF Aarh...

Who is the REAL Satoshi? TOP 6 Candidates

4 hours ago 18 minute read 2 comments Ravir3z

Who is the REAL Satoshi? This is a question that pretty much keeps me up some nights. Every time I see Satoshi being mentioned in news articles I instantly go down the rabbit hole to see if there is any more information that might help me come to my...

Do Cryptocurrencies Look Like Fake Money?

4 hours ago 1 minute read 0 comments PassionCryptodotcom

While this may sound like the success of crypto, there are still many concerns regarding decentralized currencies that are not regulated by government institutions. A recent article by a researcher at the Stanford Graduate School of Business reveals...

Bitcoin: One Size Does Not Fit All For UTXO Management

4 hours ago 1 minute read 0 comments PassionCryptodotcom

Bitcoin   has noted a multitude of different stories regarding its potential use cases over the past decade. However, although it was developed to adopt standardized forms of currency such as fiat regulated by the central bank, Bitcoin has struggled...

Bitcoin Futures Premiums Increase

4 hours ago 1 minute read 0 comments PassionCryptodotcom

standing favorable positions among traders. While this may augur well for the short-term price trend of the cryptocurrency, as it shows some subtle signs of strength, it is important to keep in mind that this premium can change at any time if Bitcoin...