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.

Crypto Market Bubble... Is Back?

9 Apr 2021 4 minute read 4 comments Swapzone

The quick and fast increase in the worth of cryptocurrency during the last few years, especially during the end months of the years 2017 and 2018 is referenced as the 'bubble formation' era. It has witnessed some of the most profitable and beneficial...

Bitcoin (BTC) Dip Leads to Bounce at Support Level - (TA - 8th of April)

8 Apr 2021 1 minute read 3 comments pheonixdown-dee

The Bitcoin (BTC) price decreased considerably on April 7 but bounced once it reached the $55,500 support area. BTC is expected to break out from the current trading pattern and attempt to move above the $59,500 resistance area.   BTC Bounces At...

The BTC 1x Strategy That May Just Be The Answer

8 Apr 2021 6 minute read 2 comments BryRi

There is a lot of talk these days about six figure Bitcoin and what the world looks like in the age of seemingly endless money printing. Combine that sentiment with the lucrative and often devastating world of leveraged derivative trading and somethi...

The Future-Proofing of Bitcoin, Crypto, and the Privacy We Deserve

8 Apr 2021 6 minute read 1 comment BitcoinGordon

Big Topic. Big Ideas. Crypto Gordon Freeman has been doing a lot of studying and thinking the past several weeks. I've studied global economies for a long time, and many years back imagined the emphasis on parallel economies would eventually lead to...

The "Secret Sauce" for identifying deep value in Low-Cap cryptocurrencies is not so secret #FluxCapacitorHyperGrowth (Part I of III)

7 Apr 2021 16 minute read 16 comments Block To The Future

When you're done with this post, you may want to check-out the follow-up post, Actually Applying the "Secret Sauce" to find deep value in micro-cap coins #FluxCapacitorHyperGrowth (Part II of III) ASSUMPTIONS Before we get into the not-so-secret "Sec...

The “Fundamentals” Behind Bitcoin

9 Apr 2021 2 minute read 0 comments Sir Loin

In one of Clubhouse’s cryptocurrency rooms an experienced stock market trader asked for a microphone. And he asked a question about Bitcoin. He was perplexed that everything he hears about bitcoin from crypto enthusiasts looks like religious enthusia...

Is Bitcoin Only Used For Crime?

8 Apr 2021 5 minute read 4 comments

When Bitcoin is often spoken about in the media, or by government officials, you’ll often hear the word crime in the same sentence. This leads many people to believe that Bitcoin is only used by criminals. But this is not necessarily the truth, and i...

The Sweet Flavor of Instant Gratification

7 Apr 2021 3 minute read 0 comments acesontop

Art is often times as the deepest expression of the soul, whether music, painting, sculpture or writing, such forms of art are soul touching and there are paintings for example that have become pilgrimage hot spots. Mona Lisa of Leonardo da Vinci is...

CoinTracking Is A Professional Portfolio Manager And An Essential Tool For Crypto Tax Reports

7 Apr 2021 3 minute read 17 comments Cryptonator`s

I have started with cryptocurrencies like most of us. I earned my first smaller amounts on the internet and at some point, I started buying and investing. In the beginning, I never thought about professionally tracking my portfolio because there was...

Kucoin KCS skyrocketing above $10... Is KCS the next BNB and can it hit $20 or more?

7 Apr 2021 1 minute read 8 comments Cryptofab

Kucoin KCS has skyrocketed by 140% in the last 7 days to hit $12 today and is still pumping today - with an increase of 27% in the last 24 hour. How to explain that sudden increase? Initially, Kucoin could have been a real competitor of BNB, at the s...