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.

Pump n Dump: Killing the Cryptocurrency Market

6 days ago 2 minute read Blockchain Anchor $2.80 tipped

Blockchain startups are entering the space with the goal of overthrowing the king known as "Bitcoin" and taking over that coveted #1 position. In my personal opinion, I don't see why any new blockchain startup wouldn't want to set their sights on eve...

When AltSeason? Will We Ever Experience The Bullrun that Happened in 2017?

11 Jul 2019 3 minute read CryptoChartWizard91 $2.80 tipped

When AltSeason? If you are a part of the Twitter Cryptoverse or a lurker on crypto Reddit you will often come across this common question. As Bitcoin continues to rally (well, except for the brief drop today), many investors are waiting on the sideli...

Can Bitcoin Be a Hedge In The Next Market Crash?

24 Jul 2019 2 minute read Adamic0 $2.78 tipped

Quite a few people don’t hold too much hope for Bitcoin as an investment profit opportunity and instead see it more as a hedge against an impending market crash. They see it as a diversification of their portfolio should the world’s economies take a...

Japan Is Fast Becoming The Gold Standard For Blockchain Adoption

2 weeks ago 4 minute read Sal Miah $2.77 tipped

Japan is among the leading blockchain hubs in Asia, and arguably, the world. Its embrace of blockchain technology is one to be emulated by any country wishing to adopt blockchain holistically. Blockchain technology enables the unlocking of digital va...

Cryptos during and after coming financial crisis

8 Jun 2019 5 minute read cryptovato1 $2.76 tipped

If you think that economic meltdown cannot happen, or you don't want to hear anything about it, please do not read this article. It's too controversial and speculative. The human history is full of economic crisis even in the top 10 economies. During...

The Nature of Cryptocurrency Markets

8 Jul 2019 8 minute read AdaptiveAnalysis $2.75 tipped

An Analysis of Three Trend-Based Strategies This post was originally part of the Adaptive Analysis newsletter. You can subscribe here. Quick take; Emerging markets are more speculative and trend-driven in nature given the absence of robust framework...

10+ places to earn crypto as a writer

5 Mar 2019 4 minute read profitofthegods $2.74 tipped

Cryptocurrencies are a great fit for the creative industries in many different ways. They can allow creators to take micropayments or to accept direct payment for their work without banks or payment processor taking a cut and potentially trying to ce...

Bitcoin Forks Explained

3 weeks ago 5 minute read MintDice $2.74 tipped

Recently, the Bitcoin Cash Fork and its accompanying mining war have been making the headlines. In fact, whenever there is a fork of any cryptocurrency, it generates a decent amount of buzz and even fear.Understanding Bitcoin forks, including how and...

Bear Market Blues? You're in Great Company

20 Jan 2019 2 minute read BlockchainAuthor $2.73 tipped

Did your crystal ball let you down, again? Perfectly timing the crypto market -- or any other market, for that matter -- is impossible. Consider this... $1,000 spread equally across the top 10 projects on January 1, 2017, would've blossomed into $67,...

Buying Bitcoin with Paypal: Harder Than It Sounds

3 weeks ago 5 minute read MintDice $2.73 tipped

Unlike the period in which Bitcoin first emerged, it is a lot easier to buy cryptocurrency today. The major upside of this is that users do not have to break their necks searching for a way to buy their favorite coin. There are numerous ways to go ab...