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.

Bitcoin And El Salvador: Gordon's Perspective On The Arguments Of Decentralization

13 Jun 2021 8 minute read 14 comments BitcoinGordon

Bitcoin Maximalism... Bitcoin Maxi's... Toxic Bitcoin Maxi's... Boy oh Boy it's been a salty week in crypto. But, it's okay. Sometimes when communities dig in, express their passionate positions on ponderings of particular points (px5), we get to see...

Analyzing Rising Inflation & How Crypto Could Offer Protection | CTWU (Volume 1.5)

12 Jun 2021 7 minute read 4 comments REKTimes

Crypto.Think Weekly Update (12 June 2021):  Recent data concerning inflation came out in the United States that confirmed it is rising at a rate not seen in over 13 years - since the 2008 global financial crisis.  While the Federal Reserve (FED) of t...

Digital Cash Rundown 27 with Eléonore Blanc: El Salvador and Twitter to Use Bitcoin Lightning and More!

12 Jun 2021 1 minute read 1 comment TheDesertLynx

Eléonore comes back on the Digital Cash Rundown for a particularly long and comprehensive episode where we go into the the adoption and regulatory issues facing cryptocurrency today, including of course the Salvadoran adoption experiment, where Bitc...

Taproot Bitcoin

13 Jun 2021 3 minute read 0 comments davidysumundo

What is Taproot and how will it improve Bitcoin?   It is a soft fork (straightforward programming update) that adds upgrades to Bitcoin contents to improve security and work on complex exchanges. An exchange on the Bitcoin blockchain can coordinate c...

The Cycle Restarts. Time To Be Fearful?

13 Jun 2021 2 minute read 3 comments acesontop

"We're going to hell." Bitcoin down, altcoins down, Bitcoin's dominance up. When checking crypto twitter even the strongest bulls among the bulls are starting to get fearful and calling for a bear market. Some are even forecasting a multi year one. I...

United States Politicians Take Negative Position Against Bitcoin

10 Jun 2021 3 minute read 15 comments REKTimes

In recent statements made by United States-based politicians, it is apparent that the country is leaning towards a negative view of Bitcoin and cryptocurrencies - but this move is not in the least surprising.  Both former President and Republican Don...

Bitcoin - How Much Should You Buy?

11 hours ago 4 minute read 2 comments johnwege

There are usually two types of people that invest into bitcoin.  The first type is the person that is interested in the technology side of things; the potential freedom that it could bring to the world.  The second type of bitcoin investor is in it s...

How to Secure Your Bitcoin and Other Cryptocurrencies?

11 Jun 2021 5 minute read 8 comments Hodlnaut

Reposted from our company's blog here. Cryptocurrencies like Bitcoin have gained exponentially since their inception over a decade ago. With the demand for cryptocurrency soaring to new heights, the asset becomes increasingly lucrative to anyone. As...

Where Most Crypto Investors Fail

8 hours ago 3 minute read 2 comments acesontop

"Get rich or die trying" is one of the famous quotes of 50 CENT, namely the title of one of his all time hits and albums and although the rapper is probably not the most profound or wise person in the world, there's a grain of truth in his saying. I...

Get ready to SWITCH!

11 Jun 2021 6 minute read 1 comment Dzoelx

We are in a tech revolution…no doubt. New and better ways; past inventions were cool, contemporary ones are clever, and cool too. A little flashback takes you down the memory lane; and as if time never moved, many things could change in a very short...