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.


How many know how the monetary system works

17 Jun 2020 4 minute read 0 comments Aristos

The privileged have decided to keep their privileges. The deck should not be redistributed. Aces and kings must remain in the hands now. And then ... came Bitcoin. How many people know how the monetary system works? Few, you will say. Error. The...

What're public/private keys

17 Jun 2020 1 minute read 0 comments yanis

Because everyone knows that private key is used to spend, and public is used for verifying balance, but not many people really konws how does it really run, I'll try explaining it.   Private key, for signing transatcions Private key is never transmit...

17 Jun: Patience

17 Jun 2020 1 minute read 0 comments TheCryptoCurator

Happy Humpday my Crypto Peeps! We have a mixed board and Travis Kling says that Bitcoin transfers wealth from the impatient to the patient; so learn to wait. Borrowing dollars against Bitcoin and Crypto is about to get easier as Anchorage teams up wi...

Will Bitcoin replace the current traditional payment system?

17 Jun 2020 2 minute read 0 comments Mabla

At beginning of the bitcoin Era around 2010 2 pizzas were bought with 10 000 bitcoin. since bitcoin was claimed to be capable of replacing the current traditional payment system and it proved it can then that’s when people started to adopt bitcoin an...

The correlation between exchange tokens and Bitcoin

17 Jun 2020 1 minute read 0 comments Jumble

Introduction In an earlier post the HODL results for 1-year and year-to-date for the Binance (BNB), OKEX (OKB), and Houbi (HT) exchange tokens are shown. The usual subsequent question is, “what is the correlation between the exchange tokens and Bitco...

16 Year Bitcoin Price Cycle

17 Jun 2020 3 minute read 2 comments Tomadachi

Some of you may have already heard of Bob Loukas. He's a market cycle specialist with a background in computer science - specifically in developing financial trading and reporting software.  Although he's an Aussie by birth, he has been living in New...

BitMEX Report Points To Greater Consolidation In Bitcoin ASIC Mining

17 Jun 2020 2 minute read 0 comments PassionCryptodotcom

The Bitcoin ASIC mining manufacturing industry  (  BTC  ) is expected to further consolidate due to increased competition, geopolitical pressures and slower return on investment after Bitcoin's recent halving .  In a new report the exchange of crypto...

Bitcoin and the ... religion of money

17 Jun 2020 4 minute read 0 comments Aristos

Bitcoin is underestimated by anyone who considers it just money. It's not just a digital payment system. This is the tip of the iceberg. It is a technological and political revolution. It is a unique network of trust and communication in the form of...

BTC miners holding BTC, whats next?

17 Jun 2020 1 minute read 1 comment true gileadensis

Hello everyone, I have a quick update that may be very interesting to some. The BTC miners are holding the newly mined block rewards this week. Obviously holding BTC is good for the price, which is why the price came back up from 8900 so quickly. Th...

Passive income with crypto: 3 ways!(all Publish0x tokens)

17 Jun 2020 2 minute read 2 comments MadMaxx

We all want to earn something for nothing. The golden rule of becoming rich is to make your money work for you, not the other way around. Many people work for money, but what the rich guys have been able to figure out is how to make their money work...