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.

14 June My Technical Analysis

14 Jun 2022 1 minute read 0 comments Biologist25

$BTC short term: If we can hold above 22500, you can use half hourly and hourly closings as confirmation) then around 23.6/23.7 should be the first target, then around 25.1/25.4 if the momentum does not weaken. If the goals come, be sure to realize t...

European countries are now blocking access to torrent sites as TFR passages voted through

4 Apr 2022 2 minute read 7 comments Kovichni

Some of the most popular torrent sites are now completely blocked to citizens of several European countries. A few countries in Europe started doing this years ago, primarily with the PirateBay but the ban has now spread through numerous other sites...

You can now buy a Breitling watch with Bitcoin

29 Jun 2022 1 minute read 0 comments LeftFooted

Good news if you're in the market for a Breitling and also happen to own crypto: you can now buy your next Navitimer (or whichever other Breitling model takes your fancy) with a variety of cryptocurrencies. The Swiss watchmaker teamed up with Bit...

Nexo FUD | What you need to Know

30 Jun 2022 4 minute read 0 comments rexngum

 Let's dive in to this FUD of Nexo. There's this thread on Twitter which got crypto twitter talking by an acclaimed investigator with the twitter handle @otteroooo. The entire crypto market has been down for a while and these are the kind of events c...

What is currently happening in Bitcoin mining, let us take a look

29 Jun 2022 2 minute read 3 comments Patch

Bitcoin mining is a broad topic and there have been several things happening in a short time, so I will try and cover as many o those here as I can and see if they show indications of any larger trends. Mawson Infrastructure Group suspending capital...

Market Minute: First Short Bitcoin ETF will offer a hedge against BTC exposure

27 Jun 2022 1 minute read 0 comments fklivestolearn

The launch of ProShares first U.S. Short Bitcoin-linked ETF begs the question — does this mark another inflection point for BTC? This year has brought a lot of pain for Bitcoin HODLers and short-term traders alike as the broader crypto market has los...

27 Jun: Banking For All With Bitcoin

27 Jun 2022 4 minute read 3 comments TheCryptoCurator

“We aim above the mark to hit the mark.”- Ralph Waldo Emersonbrought to you by STRIKE- Get $10Buy $BTC and Use the Bitcoin Payments Network at Zero CostBetter than Venmo and PayPal combined Happy Monday Folks! I hope you had a great weekend and Bitco...

Newbie to “crypto rich”: 4 tips for your journey.

22 Jun 2022 2 minute read 1 comment Dzoelx

You know those ‘zero to riches’ stories? Yeah, they are very common in the crypto space. A couple of them are obviously bloated and there’s more to the story. Growing your portfolio is not rocket science anyways and through clever strategies, one ca...

Should You Sell Your Shitcoins And Focus On Ethereum L2s?

6 Jun 2022 2 minute read 0 comments Cryptofab

If you arrived too late for Bitcoin (BTC) and have suffered from shitcoin volatility, there might be an alternative: to focus on Ethereum layer-2 chains and the next airdrops to come. Next potential airdrops from Ethereum Most of the Ethereum (ETH) l...

Risk, Opportunity and Choice Overload

26 Mar 2022 5 minute read 0 comments lordneroo

DeFi or P2E? It's very difficult to pick between the two, but thankfully I don't have to, so why not go for both? One thing is certain: there's a lot of money to be made, so better get down to business and pick your strategy. I know you eat, sleep an...