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. Exchange App Officially Launches, Making Trading On the Go more Convenient

30 Jun 2021 3 minute read 18 comments has unveiled yet another feature for its users to maximize their crypto exposure and accommodate millions of users worldwide. The Exchange App, now available for download through the iOS and the Google Play Store, will enable sm...

$29k Keeps the Bitcoin Bear Market Away

10 Jul 2021 4 minute read 10 comments MarkHelfman

Some people keep talking about a bitcoin bear market. I don’t. Not just because the definitions of “bear market” change from person to person and depend on arbitrary charting patterns and semantic contortions, but also because we have not seen a mark...

CRYPTO TIKTOK BAN: Will it be Followed by other Platforms?

11 Jul 2021 5 minute read 16 comments Wonrey

The quickest way to crypto mass adoption is through social media and currently TikTok is by far, the most viral platform. Someone can upload a video and it can reach hundreds of thousands to millions of people overnight whereas with other social medi...

What is Proof-of-Capacity Consensus Algorithm and How Does it Work

5 Jul 2021 3 minute read 7 comments KuCoin Blog

Proof-of-Capacity, also known as Proof-of-Space or Proof-of-Retrievability, is another type of network consensus mechanism. It is an emerging type consensus algorithm coming out of the quest to make cryptocurrency mining more energy efficient (some c...

My Simple Goal That Helps Me to Accumulate Bitcoin

12 Jul 2021 5 minute read 6 comments johnwege

The name of the game is to accumulate as much bitcoin as you possibly can.  Not only is it a better way to save your wealth; into something that isn't depreciating.  But it is also appreciating at an average rate of at least 200% per year.  If bitcoi...

Avoiding These Bitcoin Mistakes Will Change Your Life

21 Jul 2021 7 minute read 2 comments johnwege

If you don't know what you're doing, this market will eat you up and spit you out long before you will ever see any profits.  The bitcoin and cryptocurrency markets are some of the most volatile that you will ever come across.  After all, in just a f...

BITCOIN (BTC) | Extreme Signs Of Bear’s Exhaustion

4 Jul 2021 2 minute read 7 comments moon333

  Hi friends, hope you are well and welcome to the new update on Bitcoin (BTC).   The harmonic move is getting invalidated.The price action of Bitcoin is forming the different bullish harmonic patterns on the daily time frame chat. It was expected t...

The Cryptocurrency Portfolio For Champions

2 Jul 2021 6 minute read 10 comments johnwege

Nearly everyone who enters the cryptocurrency market is in it for two possible reasons.  The first is that they're interested in the technology and how it could change the world for the better.  But the more likely reason is that they are in it for f...

The Bitcoin Lending Landscape is Changing

7 Jul 2021 5 minute read 5 comments johnwege

Up until recently; the bitcoin lending landscape was an amazing place to be.  They were the golden days.  Nearly all of the services were offering at least a 6% APY rate for you to lend your bitcoin with them.  No matter which service you chose to us...

Buying $100 worth of Bitcoin Is Better Than Nothing

18 Jul 2021 2 minute read 5 comments ssaurel

Despite a crash in the price of Bitcoin during May 2021, the king of cryptocurrency is still trading above $30K as I write this. It is even close to $32K. Many believe that Bitcoin is heading straight for a Bear Market, or that it is already there, b...