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.

The Do's and Don'ts to have Crypto Success

16 Jan 2023 5 minute read 15 comments johnwege

After you have been in the crypto market for a significant amount of time, you begin seeing trends. You begin seeing what people who have success in the crypto market usually do, and also what those who lose everything tend to do as well. While there...

Metamask Issues Scam Warning - Address Poisoning

13 Jan 2023 1 minute read 12 comments kev_nag

According to the Metamask team, this new cryptocurrency wallet scam is designed to affect careless users. What occurs is that the attackers ‘poison’ user’s transaction histories in their crypto wallet by sending bogus tokens worth $0 to said wallet....

The Crypto That I've Fallen Out of Love With

12 Jan 2023 4 minute read 20 comments johnwege

The longer you are in the cryptocurrency market, you will see many projects come and go. Some great crypto projects that you believe have the potential to truly do something special. And then some that you’ll think have no chance of surviving. You’ll...

Beware of Taking Profits on Altcoins

17 Jan 2023 3 minute read 18 comments MarkHelfman

Imagine you found an investment opportunity that could realistically hand you a 1,000% return over just a few years. That’s a rare and special thing.  Also, it’s the reason you’re getting into crypto. You want to find that next big altcoin. Maybe it’...

How to Live on Crypto: Pay Bills

28 May 2021 1 minute read 86 comments TheDesertLynx

Hi, and welcome back for the final installment of this first run of how to live on crypto. Today I’m going to try to show you how to pay your bills using cryptocurrency. This is the most difficult part of living on crypto. If you can’t do it where y...

Tragedy of the third coin: How far is the top?

30 Jan 2023 3 minute read 10 comments Dzoelx

A ‘new bitcoin’, ‘the ethereum killer’…wonder how many times these two phrases have been used in the crypto space? Countless. Bitcoin’s introduction changed the narratives for cryptography and created relevance for blockchain technology. Its primary...

The Most Taboo Word in Crypto

2 Feb 2023 3 minute read 7 comments johnwege

The last year has been an extremely bumpy ride in the crypto market. We began 2022 with hopes and dreams that prices were about to soar higher. There were even talks about it being a Bitcoin super cycle. As we all know, it was all downhill from there...

I will buy Ethereum instead of Bitcoin. Here’s why.

15 Jan 2023 3 minute read 8 comments Dzoelx

A glance at the charts shows you two glowing cryptocurrency assets – bitcoin and Ethereum. Sitting at the first and second position, bitcoin and Ethereum has dominated modern cryptocurrency markets. Both play important roles in the growth of blockcha...

Taking Care Of Your Mental Health During The Crypto Bear Market

14 Jan 2023 3 minute read 11 comments Cryptonator`s

In one of my previous posts, I already explained "How I Am Preparing Myself For The Next Crypto Bull Market", and can you think of anything more important than preparing yourself for the next bull market? Well, I can. If your mental health looks wors...

Bitcoin and Ethereum rally: Good days ahead?

9 Jan 2023 2 minute read 4 comments Dzoelx

Bitcoin crossed $17,000 to reach its highest price level in over a month; Ethereum breached the $1,300 resistance as other cryptocurrencies rally in a ‘positive’ start to the week. Now those lines sound like I am excited…I’m not. But it’s hard not t...