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.


Why You Should Not Buy Bitcoin with PayPal

15 Jan 2021 2 minute read 37 comments Filip Poutintsev

PayPal’s cryptocurrency integration is an embarrassing attempt to deceive non-crypto people. There’s been a lot of talk about recent integration of cryptocurrencies to PayPal. While in terms of PR this is of course very positive publicity for Bitcoin...

How Much Bitcoin Should You Own!?

28 Sep 2020 5 minute read 35 comments johnwege

There are many people that invest in bitcoin and other cryptocurrencies for the technology and potential it has to change the world.  But then there are people who are investing in the bitcoin and crypto space just for the financial gains that it can...

Basic Attention Token (BAT) - My #1 Bet & Why

20 Aug 2020 3 minute read 63 comments Thomas Wolf

Basic Attention Token (BAT) arguably has the strongest following of any cryptocurrency created in the last three years since its launch in 2017.I would call it third only to Bitcoin (BTC) and Ethereum (ETH), regardless of what the numbers say at this...

Paying Taxes in Bitcoin and Ethereum Possible in Switzerland Canton of Zug from 2021

4 Sep 2020 1 minute read 52 comments Abhimanyu Krishnan

Citizens and businesses in the Swiss canton of Zug will be able to pay taxes in Bitcoin (BTC) and Ethereum (ETH) from 2021, following a partnership between authorities and Zug-based crypto broker and custodian Bitcoin Suisse, according to a report pu...

The Most Common Bitcoin Mistake

16 Jan 2021 3 minute read 33 comments johnwege

Most everyone in the cryptocurrency markets has made a fair share of mistakes; myself included. But there is one easily avoidable stake that most of us have probably made at some point or another.  By avoiding this mistake it will guarantee that your...

Mike Novogratz: Make Bitcoin 5% of Your Portfolio

9 Dec 2020 1 minute read 31 comments Abhimanyu Krishnan

Galaxy Digital CEO Mike Novogratz, interviewed on CNN on Dec. 8, has upped his recommendation for Bitcoin allocation for the average investor, saying that investors should put 5% of their net worth in the asset. Novogratz advised a 5% allocation, up...

My Crypto Earnings This Month (September)

6 Oct 2020 3 minute read 34 comments johnwege

Another month has come and gone, and that means we are already entering the month of October.  As always, the beginning of each new month is my favorite time of the month, because that is when I get paid in my passive crypto income. This is an ongoin...

6 Dumb Ways to Invest in Cryptocurrencies

20 Apr 2020 7 minute read 64 comments CryptoSorted

Many people invest in cryptocurrency for either the wrong reasons or practically the wrong way or even both; and when they lose money due to their bad decisions, they claim bitcoin or even cryptocurrency generally is a scam. This post is intended to...

Don't Make This Bitcoin Mistake!

12 Jan 2021 2 minute read 13 comments johnwege

There is a common misconception among people who are just getting into bitcoin and other cryptocurrencies.  A large portion of the people getting into the markets are wanting to become rich, or make enough money to improve their lives.  While that is...

10 Crypto Investment Tips For Beginners - Don`t Pay Other People To Lose Your Money!

29 Oct 2020 6 minute read 23 comments Cryptonator`s

The cryptocurrency market has made millionaires and you can become one of them. Just master your mind and have some discipline when you invest in crypto. Here are ten basic tips that you need to know if you want to become a successful cryptocurrency...