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.

/r/Cryptocurrency Introduces Moons! A Reddit Token!

14 May 2020 1 minute read 5 comments FarewelltoMinds

  As a part of Reddit’s new ERC-20 point system, /r/cryptocurrency has introduced it’s own 'token' called Moons. Each community on reddit has its own variant of community points, represented on the Ethereum blockchain. Community Points represent owne...

Bitcoin Over $8000 - Where BTC, ETH & XRP are Headed? 

29 Apr 2020 6 minute read 4 comments CryptoChartWizard91

Hello traders, what a glorious time we have in the markets! So, Bitcoin finally managed to break above the $8,000 which has led the entire altcoin market to push beyond critical resistance levels and step inside the bullish zone. It all started last...

New Crypto Scams Appear on YouTube and Facebook Amid Bitcoin Halving

11 May 2020 1 minute read 4 comments Abhi K

A new Bitcoin (BTC) scam is emerging on YouTube and Facebook, one using Apple co-founder Steve Wozniak’s image to lure unsuspecting users to offer funds in return for bogus returns. Reports of scams are nothing new in the cryptocurrency market, which...

Centralization, the greatest danger of the Crypto world

19 May 2020 3 minute read 12 comments Paolo Kolla

Jared Tate, the Founder of DigiByte (DGB), announced that he will be stepping aside from his daily operations due to the “Greed…and rampant pillaging” of the cryptocurrency industry. But he also added: “The centralization of this industry will be its...

Stop Arguing With People. Show Them How Cryptocurrency is Useful

16 May 2020 9 minute read 15 comments MarkHelfman

This: Reminds me of July 2019, when Donald Trump tweeted against cryptocurrency, U.S. Treasury Secretary Steven Mnuchin blasted bitcoin, U.S. Congress lambasted Libra, and the I.R.S. threatened more than 10,000 Coinbase users with audits. The crypto...

3 reasons why Ripple (XRP) will not take advantage of the current bullish BTC impulse

25 Apr 2020 2 minute read 7 comments World Crypto

The bullish momentum of BTC creates the conditions for a strong growth of altcoins. Some, such as Ethereum, show an independent trend in BTC consolidation amid institutional participation through Grayscale and positive fundamental news. However, Ripp...

Ethereum faces a difficult choice

22 May 2020 1 minute read 5 comments World Crypto

As a result of yesterday's fall, Ethereum collapsed to the line of upward support, relevant since the formation of the bottom on March 13. Now the main question is whether the quotes will continue to fall or if there will be a rebound up from the cur...

Coinbase CEO, Brian Armstrong Trolled By CT For Commenting On Fake J. K Rowling Tweet

17 May 2020 1 minute read 12 comments xqanxxx

Coinbase CEO, Brian Armstrong has been dragged recently for commenting on fake J.K. Rowling's post on Twitter. J.K. Rowling who is a British author and widely known for writing the Harry Porter book in response to Leigh Cuen, a CoinDesk reporter's tw...

4 News From This Week You Should Know (18 to 24 May)

20 hours ago 3 minute read 3 comments McAlex7

Once again an interesting week, and today you might discover things you never suspected. We are going to talk about different news mainly about Bitcoin and less usual ones, like Publish0x 100.000 members milestone for example. Between huge statement...

I Looked Into a Crypto Startup Called Akash Network to Hone My Due Diligence Skills. Here's What Happened.

9 May 2020 9 minute read 15 comments SkinnerCrypto

As your your balls (or ladynuts) delve deeper into the incredible Wild West Crevice that is The Cryptocurrency Space, your knowledge increases. Your ability to not trust, but verify becomes an incredibly fined tuned machine of precision. Your micrope...