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.

Whatsapp about to launch digital payment service in Indonesia

21 Aug 2019 1 minute read 0 comments CryptoArgha

Facebook owned Messaging App Whatsapp looks to launch a digital payment service for Indonesia. Whatsapp officals are currently negotiating with local booking giant service Go - Jek, Payment Giant Dana and Fintech company Ovo and state owned Mandiri b...

Bitcoin History [Part 1]: Origin

21 Aug 2019 2 minute read 0 comments Cryptonewscom

While October 31, 2008 was hailed as a pivotal moment in monetary history, at that time, very few people paid attention to the launch of Bitcoin whitepaper. And like all other revolutions, this revolution will take some time to develop   Journey from...

Top Most Anticipated Blockchain Games for 2019 | Part 1

21 Aug 2019 3 minute read 5 comments blockchaingamer

The start of the year is a time to look forward and there’s nothing more exciting to look forward to than new games. So, with that in mind, here – listed in alphabetic order – are our most anticipated blockchain games in 2019.   Age of Rust Given US...

Israeli businessmen create Libracamp, the first technology incubator for Libra

21 Aug 2019 3 minute read 0 comments MonoBlack

Although it does not have the official support of Facebook, managers say they have communication with Libra and Calibra teams.   --- Within the framework of the announcements made by Facebook for the launch of its new cryptocurrency and taking advant...

Bitcoin: Are Bears Taking Control?

21 Aug 2019 1 minute read 1 comment Workin

Bitcoin continues to consolidate on top of support at $10,650. Bears are threatening a major break down, while bulls defend $10,000. In today's video we'll discuss a few different scenarios, including a large potential bear trap. We'll also discuss...

Earn money for holding cryptocurrency in wallet.

21 Aug 2019 1 minute read 2 comments kingscrown

This was an ICO but if you dont trade much rather HODL its not a bad idea. This is a mobile wallet for tokens, BTC and Ethereum where you can spend coins any time (yet you do not own keys) and they lend the coins for you and you get fixed interest r...

Venezuela's largest retail chain Traki partners with PundiX to bring Venezuela the first physical cryptocurrency point of sale

21 Aug 2019 4 minute read 0 comments MonoBlack

The largest department store Venezuela made an alliance with the Indonesian blockchain firm PundiX to bring the first physical point of sale to the Caribbean country with which it can be paid with cryptocurrencies. The device in the form of a cell ph...

Goldman Sachs say to Buy Bitcoin

21 Aug 2019 1 minute read 0 comments Doc

Well kinda sorta... In a slide deck from a technical analysis team at the bank, it was revealed that their technical analysis was saying buy bitcoin now for a move up to almost $14k. Specifically they were calling for a move to $13,971. Here is the c...

Walmart heating up the blockchain race

20 Aug 2019 1 minute read 0 comments

First the Patent for Digital currency based on Cryptography (aka Cryptocurrency) and now Blockchain based Drone delivery patent, Walmart is heating up the Blockchain space. Being the Fortune 1 company, Walmart is literally leading the way.   The only...

IMF and World Bank Find a New Way to Understand Crypto

20 Aug 2019 5 minute read 0 comments MintDice

Digital assets have found a place in numerous industries, where they are positioned to make the existing systems more efficient. Some of these industries include finance, art, real estate, food, and shipping — and the applicability will continue grow...