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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.
6 Jan 2021 1 minute read 88 comments Tao of Satoshi
On days where there is lots of trading due to market runs in Bitcoin and Ethereum, the fees can become astronomical. But these days only exacerbate the problem. High fees from these blockchains are prohibiting use from people who don't want to pay mo...
29 Jan 2021 1 minute read 33 comments Ben
We are living through incredible times. #Bitcoin #WallStreet #NotSoRobinHood And the need for self-custody has NEVER been more apparent with certain traditional exchanges showing their true colours when their chips are down. The time has never been m...
12 Jan 2021 5 minute read 39 comments AlucardLife
I've written quite a few posts making fun of normies and nocoiners. I admit I've experienced a bit of PTSD when trying to discuss crypto with folks outside of the community — they look at me like I'm an alien or something. But there's so much value h...
24 May 2021 3 minute read 21 comments johnwege
What a week it has been for the cryptocurrency market. Just over a week ago; the market was still extremely bullish. Bitcoin was recovering and there was talk it would march towards a new all-time high price. Ethereum was already in price discover...
31 Mar 2021 5 minute read 30 comments johnwege
March has already come to an end; it is crazy just how fast the year is flying by. But as always, the end of the month means my favorite time has come again. This is the time that I calculate all of the income that I have been making in crypto for th...
15 Jan 2021 2 minute read 38 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...
12 May 2021 3 minute read 22 comments Dogecoin Fans
Dogecoin has caught the attention of many investors, both from within and without the crypto sector. This meme-based cryptocurrency has become one of the best-performing assets of 2021, and even managed to reach the 4th spot on the crypto market cap...
17 Feb 2021 3 minute read 54 comments acesontop
Today BTC marked a new ATH of $51,615, and on this day my father, who is 60, got into crypto. He asked me to buy some cryptos for him and I have executed the orders asap. No, he hasn't bought a whole BTC or more, a matter of fact I just bought him 2...
12 Jun 2021 2 minute read 32 comments MarkHelfman
Death cross. Sounds pretty bad, doesn’t it? Bitcoin’s about to do it — within the next week or so. Death and bitcoin What’s a death cross? It’s a trading signal that appears when the 50 daily moving average drops below the 200 daily moving average on...
28 Sep 2020 5 minute read 37 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...
