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.

The mystic symbology of Bitcoin...

6 days ago 4 minute read Dave Sawyer $4.91 tipped

Coming late to Bitcoin ( only this year ) it is stunning to see the deep and fully realized mythical culture and symbology grown around and in Bitcoin.  Fiat money loves to have its crazed symbols, so why not us ?  Let's take a moment to scratch the...

LocalCryptos Review [2020] Best Alternative to LocalBitcoins

2 days ago 6 minute read $4.78 tipped

LocalCryptos is the best peer-to-peer crypto platform for Ethereum and Bitcoin. it is currently the best alternative to localbitcoins and available in 100 different countries with a community of 100,000 traders across the world. There are nearly 40 d...

Was 2017 designed?

1 week ago 14 minute read mduchow $4.71 tipped

On January 1st 2017, Bitcoin opened up at $973.37. In the span of 11 months following, Bitcoin grew 2000% and topped out at a price of $20,000. To say the least it caught the majority of people off guard. As expected, many were skeptical knowing that...

Top 5 Altcoins to Invest in [2020] Updated

2 weeks ago 2 minute read $4.57 tipped

Investors and traders become very conscious, when there is a right time to invest in any digital asset of cryptocurrency. Analysts remain updated about the trends and movements of different cryptocurrencies and publish their prediction about the pric...

MinerMovements #4

6 days ago 6 minute read MinerUpdate $4.46 tipped

This MinerMovements release was originally sent to subscribers of the MinerUpdate newsletter. You can subscribe here. What Shapes Bitcoin Mining Pool Competition? Hello, Miner! We are only three weeks into 2020 and we have already observed Bitcoin ha...

Bitcoin Whales: What, Who, and How They Impact the Market?

2 weeks ago 2 minute read MintDice $4.45 tipped

The cryptocurrency world is replete with many unique terms, which sound very interesting and describe the phenomenon related to digital coins in a simple manner. Take, for instance, the term Bitcoin whale, which is used to represent an individual or...

What Are Atomic Swaps?

1 week ago 5 minute read crypto_moose $4.37 tipped

Atomic swaps are a peer-to-peer, trustless method of exchanging coins on different blockchains, without going through a third party service like a crypto exchange. For example, if I want to exchange BTC for LTC, and you have LTC but want BTC then cur...

BlockFi - Different strategies used to negate risk

6 days ago 2 minute read mattydevine $4.27 tipped

As I continue to associate more BTC holdings into my BlockFi interest account(BIA) I decided to delve a little deeper into how they negate some of the risk in their business model. For those new to the BlockFi platform the primary business model is o...

How Bitcoin Works

3 weeks ago 13 minute read Jimmy D [Trybe.One I] $4.26 tipped

Bitcoin and How it Works Although it may seem complicated, understanding Bitcoin and how it works isn’t really that difficult.  Personally, I think the difficulty people have with the idea of it is simply that they have not taken the time to understa...

Green Tsunami on the Crypto Market - Here is What To Expect Next (BTC, ETH, XRP, DASH)

1 week ago 5 minute read CryptoChartWizard91 $4.21 tipped

The cryptocurrency markets have seen a Green Tsunami over the past week, with a lively increase over the past 48 hours alone! Since the start of the year of 2020, the cryptocurrency market has increased by a total of $50 billion from $190 billion to...