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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.

Crypto, Business & The Truth of Lies

3 Oct 2022 5 minute read 20 comments Thomas Wolf

I am not in the business of doom & gloom, I save that for others, however, I do wish for my readers to be awake; not standing in line blindly hopeful like hungry sheep headed for slaughter. “Man is least himself when he talks in his own person. Give...

Luna Classic Will it Return to $1? Burn Tax and Future Projections

6 Sep 2022 6 minute read 13 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

In May 2022, we all remember the implosion of the Terra-Luna ecosystem with Ust losing its peg to $0.The news on implementing a 1.2% burn on all on-chain transactions performed on the Terra blockchain has caused Lunc's trading price to rise by more t...

HODL or sell: What time is it?

25 Sep 2022 3 minute read 3 comments Dzoelx

Source Regardless of the current position of your crypto holding, you are always caught in a dilemma. To sell or to keep holding on for dear life. Most times, the urge to sell gets more pressing and it gets so hard to keep on holding these assets. In...

The Real Reason I've Been Successful in Bitcoin

12 Sep 2022 6 minute read 6 comments johnwege

Buckle up. The Ethereum merge is only days away and no one knows what will happen after it occurs.  One thing is for certain, we should all be expecting volatility.  It could very well be the catalyst that the entire market needs to recover from the...

Bitcoin: Let There Be Pain

19 Sep 2022 4 minute read 12 comments johnwege

It's a story that we have seen time after time since the creation of Bitcoin.  Just when people think the worst of the price action has come to an end.  That is when even more pain happens.  Up or down, the market typically does the exact opposite of...

The End of Bitcoin Passive Income?

2 Oct 2022 5 minute read 9 comments johnwege

Throughout the last few years, many of us in the Bitcoin market began lending our coins to earn a passive income.  After all, why shouldn't we?  There were two options we had.  Either have your BTC in cold storage or sitting on an exchange doing noth...

Are you still using Cryptocurrency Lending Platforms?

22 Sep 2022 3 minute read 21 comments Cryptonator`s

It was a rough crypto summer, especially for crypto lending platforms. Celsius, one of the biggest crypto lending platforms went down the rabbit hole and took some others with it. Many users have started withdrawing their funds from these kinds of pl...

What's Your Crypto Plan?

26 Sep 2022 5 minute read 10 comments johnwege

Another week has passed, and it also has been another week where Bitcoin saw little to no price action.  Currently, Bitcoin's price is sitting at just under $19k.  Only a few percentage points away from matching the yearly low that was set when all o...

My Crypto Earnings (September)

30 Sep 2022 7 minute read 22 comments johnwege

September is officially coming to an end and that means that it is once again my favorite time of the month.  It's when I calculate all of my crypto-related earnings for the month.  If you are new, this is a part of an ongoing monthly series that tra...

Is Bitcoin a Good Hedge Against Inflation?

14 Sep 2022 5 minute read 12 comments johnwege

It's a tale as old as time.  Just as the prices of Bitcoin and the crypto market in general, begin rising to a point where you forget how you were feeling bearish just a few days ago. Giving you hope that the worst of this downward cycle had now offi...