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.

Trading Journey (HODL UP)

14 May 2020 1 minute read 1 comment jorgegabrielvm

Good morning guys Lets keep up 4H Look what I have to say, I wouldnt recommend nobody to trade BTC right now, just buy more if you are able to and HODL, look there is bunch of money coming here from Wall street, they been buying for their clients b...

Bitcoin ( XBT/USD - BitMex ) - We need a PUSH!

19 Apr 2020 1 minute read 0 comments milionarioo

Today was almost insignificant for BTC: low volumes and weak reaction towards the resistance area. Again, extreme indecision and nothing done. The good news is that if BTC holds 6.9k, the weekly candle becomes pretty: for the first time, we would cl...

A Confession From A Crypto Enthusiast | Crypto Gold Is Coming

13 Apr 2020 4 minute read 2 comments Connor_LC

DTTP means Decentralized, Trustless, Transparent and Permissionless   I’m Connor, a member of Liberalis Circulum, an organic community of core developers interested in personal privacy protection and anonymous transactions and we all remain anonymou...

A Bitcoin 51% attack is near!

8 Mar 2020 1 minute read 4 comments Jumble

What is a 51% attack? A 51% attack occurs when a one Bitcoin mining pool gets more than 50% of the mining power (hash power). How can this happen? Bitcoin is a permission less network. That is anyone can: join the network validate a transaction thus...

Bitcoin at $288,000 in 2024? The creator of Ethereum doesn't believe it.

16 Jun 2020 1 minute read 0 comments Bichoco

Vitalik Buterin has just showered the predictions of the famous S2F model. It is inconceivable to him that Bitcoin could follow a linear trajectory, reaching $288,000 in 2024. Designed by the anonymous "Plan B" in March 2019, the Stock to Flow (S2F)...

XLM Lumen Stellar - new update of the price

20 hours ago 1 minute read 1 comment BearTrader

As we need new update of this token I want to show my view of the xlm price. Last time in DMR I posted about my 1000sat target, which I've established in may as a june/july target. Since then we went up 40%. This time I would like how it can go now....

Advertising for a new Bitcoin scam can be very expensive

8 Jul 2020 1 minute read 0 comments NassiroV

Image Source Scams end badly, in general - Scams are legion in the cryptosphere, and one of its most famous incarnations has not finished making the headlines: OneCoin, the famous ponzi at more than 4 billion dollars, still has fingerprints all over...

XMR Technical report

24 Feb 2020 1 minute read 0 comments OGCryptojack

From a technical perspective, the privacy coin Monero (XMR) may be presenting new long opportunities. First we’ll start with the weekly timeframe on the dollar pairing. As price topped out $120 in 2019 and started its descent, demand was found near...

Will "virtual currency" be inherited as a heritage in China?

10 Jun 2020 1 minute read 0 comments Willson-D

China has changed the scope of inheritance in the Draft Civil Code: the scope of inheritance in the inheritance law, the income, houses, trees, cultural relics and copyrights of citizens, etc. are listed one by one, and the scope of inheritance is ex...

Cryptocurrency Investments Part VII. Cryptocurrency manipulation.

17 Jun 2020 5 minute read 0 comments dima ver

Hello everyone,Today I want to talk about manipulations when trading on the cryptocurrency market: Major players:1. Large HODL. They managed to purchase in the most embryonic state of the market at ridiculous prices. If one of these players “merges”,...