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.

Bitcoin Rises Above $12K Amid U.S. Recession Fears

14 Aug 2019 1 minute read 1 comment Best crpto

  Bitcoin Rises Above $12K Amid U.S. Recession FearsTuesday, August 13 2019     "How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case" –Robert G. Allen   5-Day Change...

Attack on Litecoin owners!

13 Aug 2019 1 minute read 0 comments Roberto D.

Recently, Litecoin owners on Binance have suffered a hacking attack, but what is a dusting attack? Unfortunately with the new digital currencies new types of attacks have also been born to steal information, or in the worst case, the coins themselves...

There is a trading opportunity to buy in ETCETH

13 Aug 2019 1 minute read 0 comments goldenforex

Technical analysis: . EthereumClassic/Ethereum is in a range bound and the beginning of uptrend is expected.. The price is below the 21-Day WEMA which acts as a dynamic resistance.. The RSI is at 41.. While the RSI downtrend and the price downtrend i...

What Does the Future of Blockchain Look Like?

13 Aug 2019 19 minute read 0 comments

When Bitcoin first emerged, the cryptography community was instantly enthusiastic about it. Created by an anonymous figure known as Satoshi Nakamoto, it represented the culmination of years of research and work carried out within the field. The aim w...

Bitcoin Heading Lower As Expected But Where Can We Rebound?

13 Aug 2019 2 minute read 2 comments CryptoChartWizard91

Bitcoin has continued to roll over and head south today after dropping by a total of around 4.5% to break beneath the $11,000 level and reach $10,900 - where it is currently trading. This latest price fall has now brought the total 7-day price drop u...

Cryptocurrency Use Case: Chicken or the Egg Paradox

13 Aug 2019 2 minute read 0 comments Cryptoonestop

"Technological progress is like an ax in the hands of a pathological criminal."  - Albert Einstein The Critics People tend to have very strong opinions about digital assets and their use cases . For example, many critics believe these assets have no...

Bitcoin, Drugs and Pedophiles

13 Aug 2019 3 minute read 0 comments viraladmin

One of the biggest problems that bitcoin has had to face in mainstream adoption is it's usage on illegal sites run as hidden services on the dark web. Supporters of bitcoin have long sense argued that it's not fair to blame bitcoin for people using i...

BEYOND BITCOIN. The Future of Digital Currency. Part II Blockchain vs. RAIDA

13 Aug 2019 7 minute read 0 comments CloudCoin

The theory of a perfect money by Sean H. Worthington Monetary systems have a job, and money has a specific role within monetary systems. The job of the monetary system is to track what value an individual adds to the economy and ensure that more val...

Argentina's Peso is Collapsing Right Now - It's Really Bad. Can Bitcoin Reach New Heights?

13 Aug 2019 2 minute read 6 comments CryptoChartWizard91

I don’t usually try and touch the ever-opinionated subject of politics on my blogs because the discussion usually ends up nowhere. However, over the memorable history, there have been some interesting developments within the entire global economic an...

Epstein co-conspirators are now in the aim of civil lawyers. With many of the suspects being millionaires, where will they hide their assets?

13 Aug 2019 1 minute read 0 comments WiseFishCM

24 hours before Epstein was found dead in his cell 2000 pages of documents related to his case was released. The documents are said to contain names of people who enabled Epstein to proceed with his crimes. many these people are supposedly millionair...