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.

Where does the money come from on the blockchain?

31 Mar 2019 4 minute read connecteconomy $2.44 tipped

Unlike our traditional currencies, like Dollars, Euros, Yen, etc, cryptocurrencies are NOT issued by an authority like a central bank of a country. In the decentralized world of blockchain technology, money is being issued based on a set of rules and...

Why I Regret Buying Bitcoin at $400

24 Jul 2019 1 minute read Adamic0 $2.43 tipped

So years ago, in April 2014, I bought Bitcoin at $400. A steal, right? Should have bought more probably. I was excited by what it was envisioning itself to be.  Wrong. I regret it. Well, actually, I both regret it and am happy about it. Because I so...

CoinGecko Introduces “Trust Score” to Combat Fake Exchange Volume Data

16 May 2019 5 minute read CoinGecko $2.42 tipped

In traditional markets, exchanges with high volume equate to high liquidity. However, in crypto markets, exchanges with high volume do not necessarily equate to high liquidity. This is because many of the unregulated exchanges engage in wash trading...

Returns of Ontology (ONT) Staking 2 —  Actual Example and FAQ

5 Jun 2019 1 minute read liquidsteel $2.42 tipped

Read to the end and get some free coins! It's been 7 months since Ontology staking started in Oct 2018, when I posted the first article here. Since then, there has been 33 staking rounds and many many payouts of ONG. How has the returns changed since...

Can Bitcoin Reach $15,000 by the End of August?

6 Aug 2019 1 minute read CryptoChartWizard91 $2.42 tipped

Bitcoin is back on the offensive after surging by 8% over the last day to bring the price for the coin up to the $11,805 level. Bitcoin has now seen a further, rather impressive, 22.79% price surge over the past 7 trading days allowing the market cap...

How I Earned My First Bitcoin with Zero Investment !!

31 Aug 2019 5 minute read Nibu P Rajoo $2.41 tipped

  This is my story of how I earned my first full bitcoin with Zero investment. It will be unfair to say there was zero investment. Maybe not in financial terms, but I do have invested my precious time and have put considerable efforts to reach my goa...

Lightning Network - What does this technology change?

1 day ago 1 minute read fervi $2.40 tipped

Before I go to the social platforms on Bitcoin, I have to discuss Lightning, because they often use this platform. I won't describe how the technology works (unless you want to) and what changes the life of the average Bitcoin user. Fast payment meth...

Everything About Cryptocurrency Mining

26 Jul 2019 6 minute read Rumi $2.40 tipped

Cryptocurrencies аrе оnе оf thе hottest topics bеіng discussed оn thе Internet these days. Whіlе mаnу people аrе trуіng tо mаkе thеіr wау іn thе industry, оthеrѕ аrе working оn earning cryptocurrencies uѕіng specialized equipment аnd mining farms bui...

What happened at the Bitcoin Conference 2019 San Francisco - Mamaecrypto

1 Jul 2019 2 minute read Mamaecrypto $2.37 tipped

There is truly no way to put into words all the experiences lived in this passed few days, but I will try my best to at least give you a sense of the revolution that is occurring in the world of today. By describing my trip to the Bitcoin Conference...

Beginners' Guide to Crypto: Introduction to Proof of Stake

9 hours ago 3 minute read Incent $2.36 tipped

A previous article looked at Proof of Work, the energy-intensive means by which Bitcoin’s security is maintained and transactions are processed. As a Waves token, Incent relies on a version of the more streamlined Proof of Stake consensus model. In a...