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.

David Bond on Avoiding Financial Censorship with Bitcoin, Digital Nomad Life

30 Oct 2020 1 minute read 67 comments TheDesertLynx

Digital nomad and purveyor of digital products David Bond comes on the podcast to give his story on using Bitcoin to avoid financial censorship, which had affected his unique business when PayPal shut down his accounts and confiscated his money. We...

Do Kwon’s Proposal To Save the Soldier Terra (LUNA) - Do You Still Believe It?

17 May 2022 3 minute read 4 comments ssaurel

A week after the Terra ecosystem explosion that plunged the market into total panic for several hours, Do Kwon, the founder of Terra, presented a proposal to relaunch the project on Monday, May 16, 2022. This was done on the Terra Agora platform, but...

April - Bitcoin Bulls Lose Important Psychological Support

24 Apr 2022 5 minute read 2 comments Seven-NATE-Nine

“To understand what is coming at you, you need to understand what happened before you.” No one can predict the future with 100% certainty, but we can learn from the past. Looking back at how the markets have performed during previous months and years...

RUNE - A Resilient Token

3 May 2022 2 minute read 0 comments R23

  If I had to point to one cryptocurrency that has taken an absolute beating as of late, I would easily say that it was RUNE. In the last month, we've seen it shed approximately half of it's value in USD, going from roughly $12 to a little over $6...

What Does the Fed Interest Rate Hike Mean for Bitcoin?

7 May 2022 4 minute read 2 comments

When you choose to invest your money in various markets, there is always a risk of losses and gains, which is expected. There are times, however, that the losses you can suffer from have nothing to do with how you invest but with inflation. The Fed i...

Nation-State Adoption Is The Name Of The Game

20 May 2022 1 minute read 3 comments hifi.crypto

Read now to learn why nations will continue to flock to the Bitcoin standard in order to help their citizens find financial freedom and stability. Adoption in the Bitcoin space is a sight to behold. People from all walks of life are banding together...

Is Crypto just one big Ponzi Scheme?

29 Apr 2022 3 minute read 3 comments CryptoMasterMiner

People who know little about crypto see it as "fake" and often describe it as some sort of "ponzi scheme".  What if they are right?  There is no doubt that some of the DeFi projects are built as ponzi's, just as I pointed out in my last article - Ana...

Why, Oh Why, Did NVIDIA Drop Its Pants (And Let's Talk About Bitcoin)

7 May 2022 4 minute read 2 comments Allen Taylor

Bitcoin dropped by its largest margin yesterday since January. The price fell a whopping 8 percent in one day. No worries, just a flesh wound. Meanwhile, a senator from Alabama wants you to be able to use bitcoin as your 401(k). Elon Musk, who spark...

Understanding Parallel Markets and the Importance of Real Crypto Assets

7 May 2022 14 minute read 8 comments BitcoinGordon

Hello Crypto family, It has been a little while since Gordon wrote here. He's been very busy writing published articles across the werld-wide-internets-mail, but the ideas have been brewing, and in today's rough trading climate, maybe it's time for a...

El Salvador Has Shown 44 Countries How Bitcoin Can Bank the Unbanked and Give Them a Better Future.

22 May 2022 3 minute read 3 comments ssaurel

Just a week ago, Nayib Bukele, the president of El Salvador, posted a tweet in which he explained that 32 central banks and 12 financial authorities, the equivalent of 44 countries, were going to meet the next day in El Salvador: On the agenda: Fi...