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.


It’s Official: Facebook’s Libra is Boring

6 Jun 2020 3 minute read 19 comments MarkHelfman

In April 2020, Facebook updated its Libra white paper. More specifically, it totally revamped its plans for the Libra cryptocurrency. Did you, like me, expect mainstream coverage of this event? Did you sit on this article for almost two months hoping...

Why Ethereum Will Succeed

21 Apr 2020 3 minute read 19 comments CryptoOwen

I first heard of Ethereum sometime in 2017, after finding out about Bitcoin. One doesn't find out about another cryptocurrency before Bitcoin typically and such was the case for me. After discovering that I could cash out via different cryptocurrenci...

Staking - centralization risk

8 Mar 2020 1 minute read 12 comments Tradelize

This week, the news about Steemit drew particular attention. Let's look at what's happening from the other side. This whole situation is indirectly reminiscent of how the board of directors fired Steve Jobs. At the meeting, they voted against the com...

Another Economic Market Dump Incoming - How Bitcoin Will React?

27 Mar 2020 8 minute read 10 comments CryptoChartWizard91

As the Coronavirus pandemic continues, amateur investors are wondering when is the best time to invest in the stock market again. The major indexes such as the S&P 500, an index that tracks the top 500 US companies, and the Dow Jones Industrial Avera...

Bitcoin Above $7000 - What Now?

6 Apr 2020 6 minute read 9 comments CryptoChartWizard91

So Bitcoin surged by a total of 5% today, April 6th, to reach a high of around $7,150 - what now? Well, this breakout looks pretty strong and is very promising considering the fact that the volume is finally rising. The cryptocurrency had been trappe...

Bitcoin price prediction after halving in 2020

19 Feb 2020 5 minute read 18 comments Changelly

Every 210 000 blocks (approximately every four years), the miners’ reward for the mined block in the Bitcoin network is halved, and new coins begin to appear two times slower. This process of reward reduction is called Halving and will take place unt...

2020 Crash Carnage Market Buy Opp: Finding the Bottom?

13 Mar 2020 6 minute read 15 comments thunderboltkid

It's a dangerous time for day traders in crypto and fiat markets. Will there be a quick rebound, then another crash downward, or does the wider crypto market continue to crash for a bit? IMO and past "crash" experiences ('87, Dot.com and 2008) the re...

2000 BTC Worth $10M Transferred From Unknown Wallet to Bitstamp

15 Mar 2020 1 minute read 12 comments Tokenhell.com

Is Bitcoin Price going to dump again? This huge transfer of Bitcoin has just occurred two days after the leading digital asset suffered from its 10-months’ biggest price crash by dipping heavily down from $7200 to $5500 level around where its price i...

Bitcoin, BAT, XTZ, Nano and Why I Care

17 Jun 2020 3 minute read 17 comments Thomas Wolf

Nothing like an unprecedented time for an interesting time.I have decided to put most altcoins on the back burner but I wanted to discuss my loyalties with the handful that remain.Bitcoin should require no explanation but I think it's fair to say it'...

Bitcoin, Ethereum & XRP - Price Predictions for April 2020

2 Apr 2020 6 minute read 14 comments CryptoChartWizard91

Well, the cryptocurrency markets took a huge hit during March 2020 as the entire market cap for the industry dropped from a high above $260 billion to drop as low as $126 billion during the market collapse. It has since managed to recover as it trade...