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.


Reasons Why Cryptocurrency Hasn't Reached Mass Adoption

2 days ago 10 minute read @cryptomandate $4.12 tipped

Figuring out how many people use cryptocurrencies in the world is impossible because of the anonymity of blockchains. Several institutions across the globe have done studies and research to try figure this out coming up with different data and criter...

A Quick Overview Of Loom Network Project

2 weeks ago 3 minute read Rumi $4.00 tipped

Overview Loom Network is based on Ethereum. It is a Platform-as-a-Service (PaaS) network with а Software Development Kit (SDK) targeting large-scale, decentralized social app and game development. Loom DApp Chains аrе run аѕ parallel sidechains att...

5 Most Important Crypto News You Should Know Today (11 Sep 2019)

3 days ago 4 minute read Brawnd0 $3.90 tipped

2019 has all in all been a pretty decent year for cryptocurrencies. There have been a few rough spots - some thefts and hacks, the occasional regulatory resistance, but on the plus side, for every setback or short bear run, there are several positive...

Satoshi did not invent the blockchain

1 day ago 4 minute read viraladmin $3.75 tipped

One of the most misunderstood things in all of cryptocurrency is that Satoshi did not create the blockchain. It seems every article online wants to give credit to Satoshi for creating the blockchain when factually that is not at all correct.  In fact...

The Great Altcoin Depression

1 week ago 4 minute read viraladmin $3.69 tipped

The altcoin markets are crashing at a rate that has never been seen in cryptocurrency and is only comparable to the stock market crash of the 1930's we call the Great Depression.  Bitcoin maximalists insist this was inevitable because the only true c...

Why Bitcoin Keeps Sitting at $10K? Preparing to Pump or Dump?

2 days ago 2 minute read CryptoChartWizard91 $3.54 tipped

Bitcoin has been hovering around the $10K level for a while now as the cryptocurrency continues to trade within the confines of a large descending triangle pattern. During times of consolidation, the market will often move sideways within a tight ran...

How Airdrops can spoil a token and make it practically free

4 weeks ago 2 minute read nervi $3.36 tipped

I dedicate the following story to all tokens, whose owners promise invented prices and for this trick fall the people counting on a quick profit. Watch what you're getting into. Meet Dominic. Dominic is a gardener with one of the largest apple orchar...

Criminals Luring in Bitcoin Sellers to Launder Money

1 day ago 2 minute read Matthew Rosenquist $2.98 tipped

Cybercriminals are luring in bitcoin holders with the promise of easy money if they become a mule to convert stolen assets into clean currency.  The reality is these volunteers will just join the ranks of other victims.  But that is not stopping peo...

Don't Miss These 5 Must-See Bitcoin Documentaries

2 weeks ago 5 minute read MintDice $2.92 tipped

Bitcoin is still generating as much buzz as it did in recent years. If anything, more people are now learning about it. Unfortunately, the stigma of its use in illicit transactions on the dark web, including money laundering, the purchase of illegal...

Are dApps Driving or Derailing Blockchain Adoption?

2 days ago 4 minute read Mappo $2.84 tipped

DApps are potentially one of the most vital components to blockchain adoption. They are, in a sense, the real world encapsulation of adoption, they represent the transition from a piece of software to a solution. What are dApps? dApps is short f...