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.


Painful Ledger updates - part 8 How to store your crypto

9 hours ago 1 minute read bitcoindelight $0.26 tipped

In the previous part, I covered two of the biggest flaws I experienced while using a Ledger wallet. Today, I want to close this topic by telling you the third aspect I find quite hard to deal with during dealing with my Ledger wallet. Feel free to ch...

Stay away from these cryptocurrencies.

9 hours ago 1 minute read MadMaxx $0.30 tipped

Whenever I check out the crypto section of this website, I see cryptocurrencies we are told are g way to invest in for capital gains and cash flow. It's great that people take time to write these posts, but I believe it is important for readers to al...

Bitcoin Gold again under attack 51%, the losses attributable to double spending are 70 thousand dollars

9 hours ago 1 minute read Roberto D. $0.07 tipped

This was communicated by James Lovejoy, a researcher at MIT's Digital Currency Initiative, with a post on GitHub published a few days ago; Bitcoin Gold suffered a new 51% attack (the second in the past two years) between 23 and 24 January. A 51% atta...

Tips for investing in Crypto

10 hours ago 2 minute read Mick $0.13 tipped

Just a couple quick tips if you are thinking about getting into Crypto investing.  I am not a expert and remember investing is a risk so do so with caution. 1. Before you invest in Crypto the first thing to understand is that the market is volatile m...

Blockchain Conspiracy Theory Hypothesis and the End of the World

10 hours ago 2 minute read Autumn1962 $0.01 tipped

Before you call me a nutcase, a friend of mine brought this up back in August 2019 and I called them a nutcase.  A report written by Yorke Rhodes III Principal Program Manager, Azure Blockchain Engineering and posted May 31, 2016 reports that there a...

Premium Cryptocurrency Market Rubika News Stats Compilation

10 hours ago 5 minute read Rubika Ventures $0.63 tipped

We are a few days away from the end of the first month of the year 2020 and we are pleased to know that the market has behaved positively in this period of the year. We believe it is relevant for this moment, to bring you the latest statistics and ne...

Should you use trading bots?

11 hours ago 2 minute read MadMaxx $0.21 tipped

Trading bots are old news right now. Old news in the sense that they have been existing for quite a while now. And while trading bots were created to be perfect, they are usually anything but. Want to find out more, and if you should use them? Stick...

Whale moves 51.511 in Bitcoin for only $0.24 cents

11 hours ago 1 minute read yemyy $0.07 tipped

A crypto whale showed a movement of weight sending $1.8 billion in Bitcoin between two portfolios in a single transaction. The lone whale moved the 51,511 BTC. The transaction fee was 0.00002860 BTC - which is only 0.24 cents. According to Blockstrea...

HOW TO: Use Your Crypto To Get A Loan, To BUY MORE CRYPTO...

11 hours ago 1 minute read The Global Crypto Press Association $0.10 tipped

  What If You Could Use Bitcoin, To Buy More Bitcoin? They've managed not to share their little trick, but this is exactly what a lot of whales have figured out how to do. Sounds crazy, but it's possible. It works by playing the crypto lending market...

Over 54% of BTC transactions in 2020 use SegWit

12 hours ago 1 minute read yemyy $0.07 tipped

Despite much criticism against Segregated Witness (Segwit) since its implementation in 2017, the solution to scale Bitcoin continues to see an increase in the number of transactions over the years. Data from Segwit.space, a platform that monitors the...