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.

How Social Media Influences Cryptocommunity

3 Jun 2020 3 minute read 3 comments NOWPayments

How does something go from the value of almost nothing to 19 thousand dollars in just 8 years? That’s what Bitcoin did. And there must be something that dictates such prices. Is it the supply and demand? Well, sure, but that is not all of i...

Cryptocurrencies make a solid comeback in India: India to significantly increase his crypto market share this year

2 Jun 2020 1 minute read 3 comments trebol11

Indian investors are back. India’s cryptocurrency market is set to gain significant market share this year. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. I...

Woow !!! Bitcoin Breaking Out $10K Resistance | The Bullish Signals That No One Is Noticing

2 Jun 2020 5 minute read 3 comments moon333

Hi friends hope you are well and welcome to the new update on Bitcoin. The BTC has spiked more than $10400 and in today’s post we will try to understand how the price action of Bitcoin can behave in coming days. For this purpose we will watch differe...

Discussing Bitrefill With Sergej Kotliar

2 Jun 2020 1 minute read 4 comments Scott Cunningham

Sergej Kotliar and I sat down for some time to chat about Bitrefill and what they’re all about. We dive into what Bitrefill is, how you can trade your crypto for gift cards directly, and most importantly, how you can live fiat free. Bitrefill provid...

Bitcoin Breaks $10,000

2 Jun 2020 3 minute read 6 comments Thomas Wolf

Updated at 10 AM CTZ below the initial post. This morning Bitcoin spiked up from $9,570 USD to $10,200 USD.  This is a huge movement in the current market climate, given the COVID-19 pandemic and economies all over the world (primarily the US) are f...

How to Get More Money To Invest into Crypto

1 Jun 2020 4 minute read 12 comments johnwege

As I’m sure you’re already aware, we are living in crazy times.  Regardless of your political stance this has been a historic year.  From world wide political tensions, Corona Virus, to the current USA riots. The governments are printing unprecedente...

Holders Have Something to Say | Why do I purchase more and more ELF?

2 Jun 2020 8 minute read 3 comments Blockchain_TopBuzz

Holders Have Something to Say | Why do I purchase more and more ELF? 'Pang' began to pay attention to crypto currency field in 2017, witnessing dozens of times of market price rise and many times of slump. He began to buy ELF at the end of 2017, thin...

An asset class made by a crisis, for a crisis

1 Jun 2020 5 minute read 2 comments Pay Now Buy Later

Almost 12 years ago, at the depths of the great recession in 2008, the Bitcoin white paper was released by an anonymous Satoshi Nakomoto. The best performing asset class in the last decade at an ROI of 295,999,900% was bitcoin while the best performi...

Will Bitcoin Finally Be Successful in Moving Above $10,000? - (TA - 1st of June)

1 Jun 2020 1 minute read 7 comments pheonixdown-dee

During the week of May 25-31, the Bitcoin price increased considerably, increasing from the mid $8,000s to a high of $9,742 and closed at $9440.   However, the price has yet to break out from its current pattern. Bitcoin Weekly Outlook The Bitcoin pr...

Now Blogging on 100% Renewable Energy

1 Jun 2020 1 minute read 8 comments Thomas Wolf

I a veil of relief has been lifted from my conscience.  As a biology student devoted to the environment, I must confess:  I use a lot of electricity.  Even with all of my efforts to cut back on its usage, I have so many power-demanding hobbies I cann...