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.


EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Eighteen - Down 71%

1 Jul 2019 4 minute read starthere $7.64 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalan...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Twenty - Down 80%

4 Sep 2019 4 minute read starthere $6.92 tipped

  Interested in earning cryptocurrency for publishing and reading articles?  Join us at Publish0x! The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market...

What Is Bitcoin Diamond (BCD)? - [A Comprehensive Guide to Understanding Bitcoin Diamond]

29 Sep 2019 6 minute read Mr.CryptoWiki $6.71 tipped

Image source: https://www.cryptonewsz.com/bcd-bitcoin-diamond-a-swindle-hard-fork-of-btc/1793/ Bitcoin was designed to be a peer to peer cryptocurrency. To transfer value, to replace fiat, and to be a ‘better’ cross-border currency. However, due to...

Argentina's Peso is Collapsing Right Now - It's Really Bad. Can Bitcoin Reach New Heights?

13 Aug 2019 2 minute read CryptoChartWizard91 $6.56 tipped

I don’t usually try and touch the ever-opinionated subject of politics on my blogs because the discussion usually ends up nowhere. However, over the memorable history, there have been some interesting developments within the entire global economic an...

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Twenty-One - Down 83%

3 Oct 2019 5 minute read starthere $6.49 tipped

Interested in earning cryptocurrency for publishing and reading articles? Join us at Publish0x!** Ready to invest in crypto? Coinbase is a good place to start. Sign up using this link,*** buy or sell $100 or more of crypto, and you'll receive $10...

People Say Bitcoin Whales Control The Market, But There is XRP with Just 14 Wallets Having 50% Of The Supply

27 Aug 2019 2 minute read Ed-california $6.44 tipped

Many people believe that Whales control the Bitcoin market - and they might just be correct! With just over 1,805 wallets controlling over 50% over the BTC in circulation, it is pretty damn concentrated amongst the Whales.  Data from PARSIQ, a blockc...

The truth about the falling bitcoin values

25 Sep 2019 6 minute read viraladmin $6.41 tipped

Chances say that if you are following any major bitcoin trader you had heard bitcoin could not possibly fall below $10,000 USD again. I was not among those making that prediction and in fact laughed at the ones who made this claim.  I have told peopl...

The story of why Bitcoin and Ethereum forked; and why EOS can't.

18 Aug 2019 9 minute read @cryptomandate $6.41 tipped

A time not long ago The year is 2009, and just as the year was starting Bitcoin is born on 3 January. Its inventor Satoshi Nakamoto mines the first block containing a reward of 50 bitcoins. This genesis block had a message embedded on it reading 'The...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Five - UP 114%

5 Jun 2019 4 minute read starthere $6.18 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. I then repeated the experiment on the 1st of January 2019. Think...

What is Litecoin? [A Comprehensive Guide to Understanding Litecoin]

11 Sep 2019 7 minute read Mr.CryptoWiki $6.17 tipped

The cryptocurrency market is flooded with varying types of cryptocurrencies with different unique use cases. Some cryptos intend to be transparent and trackable currencies (electronic cash), while others implement privacy features to feature complete...