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.


Interpreting Bitcoin Charts: The Six Tenets of Dow Theory

19 hours ago 3 minute read Richard M Adrian $1.87 tipped

  Crypto market trends narrows down to two important words, bullish and bearish. A bearish market trend is a negative/downward movement while a bullish is an upward/positive movement. Usually, the bulls position themselves in a way that attempts to c...

Detailed Bitcoin Price Analysis - Different Views of the Current Market Situation

2 weeks ago 3 minute read zulonga $1.85 tipped

Introduction Many questions are raised around the current bitcoin market, while uncertainty takes hold and countless possibilities are thrown through analysis everywhere, there is no doubt how the market will actually behave in the short term. It is...

BlockFi: Another Bitconnect or A Legitimate Lending Platform?

1 week ago 3 minute read Cryptoonestop $1.85 tipped

  “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.” Allan Greenspan Official inflation rate in the United States has hovered around 2% over the last few ye...

Beginners’ Guide to Crypto: Introduction to Proof of Work

1 week ago 2 minute read Incent $1.75 tipped

Finding your way around the complex world of crypto can be harder than following a flowchart for flat-pack furniture in Finnish. In this article, we look at what proof-of-work is, and why it’s important. Proof-of-Work is one of the key features that...

Will Snowden’s book pay?

4 days ago 3 minute read NodeNonce $1.72 tipped

Upon the release of Edward Snowden’s book, Permanent Record, the Department of Justice filed a lawsuit in an attempt to seize the proceeds from its sale. Mr. Snowden thereafter tweeted, “in conclusion this is good for bitcoin.”   With functional cry...

Demystifying Blockchain: The Role of Crypto Educators [Infographic]

6 days ago 1 minute read Tamara $1.69 tipped

Since its concept was detailed in Satoshi Nakamoto’s “Bitcoin: A Peer to Peer Electronic Cash System,” cryptocurrency has taken on a life of its own. Most of the spotlight initially went to the digital coin. And understandably so, since citizens affe...

What You Need to Know About Bitcoin Gambling

2 weeks ago 5 minute read MintDice $1.64 tipped

Since its inception, Bitcoin has constantly proven its usefulness and adaptability to many different industries. It is also credited with the creation of new jobs and an entire ecosystem dedicated to solving problems in a new way through blockchain t...

What to Know About New Prepaid Visa Card, 2gether

3 weeks ago 3 minute read MintDice $1.64 tipped

2gether is a banking platform that aims to help customers to change their personal economies by providing better ways of storing and managing assets. The Spain-based firm was established in September 2016 and since then has been a work in progress. I...

Documentary: Bitcoin Beyond The Bubble

2 days ago 1 minute read Blockchain Anchor $1.58 tipped

                                                                        

Top 5 Blockchain Stocks

4 weeks ago 19 minute read MintDice $1.40 tipped

Stock investment has always been a fantastic way for many people to make a passive income. Approximately 33% of households in the United States own taxable investment accounts. While the traditional stock market is immensely profitable, a new way to...