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.

Burundi bans bitcoin and other cryptocurrencies in totality

7 Sep 2019 1 minute read 4 comments

East African nation, Burundi, has imposed a complete ban on cryptocurrency trading, according to Bloomberg.  Alfred Nyobewumusi, a director at the central bank’s micro-finance department said “Strong measures could be taken against all those who will...

A beautiful railway station in Bangladesh

7 Sep 2019 1 minute read 0 comments rayhan111

# Captain M Mansur Ali Station located in Sirajganj, Bangladesh is a beautiful station. ![image]( Arriving 12 km from our Sirajganj city, Captain M Mansur Ali left the station for all kinds of trains from Dhaka to...

How to start cloud mining even for beginners

7 Sep 2019 1 minute read 1 comment akis

An important thing when dealing with virtual currency is the "secret key".Depending on how you handle "secret keys", the security of the virtual currency you own will also change.A "secret key" is a character string that can indicate that you have ow...

Bitcoin earnings mystery or strategy

7 Sep 2019 1 minute read 0 comments raihan97

Bitcoin is the best way to work or earn income. Find out how Bitcoin earnings are a mystery. Where your income will increase greatly.Strategy to work on the Bitcoin site:1. Opening a Bitcoin wallet or address is not as difficult. You open an account...

Disadvantages of cloud mining

7 Sep 2019 1 minute read 0 comments akis

About the disadvantages of cloud mining.Since the price of virtual currency fluctuates greatly, profits decrease due to the decline in virtual currency, and it may take time to recover the investment principal when purchasing a mining pool.Now that t...

Benefits of bitcoin mining!

7 Sep 2019 1 minute read 0 comments akis

The advantage of cloud mining is that it does mining 24 hours a day.So you can get a little reward every day.Once you purchase a pool, it will work automatically, so even those who can not operate the PC or beginners who have no investment experience...

About the benefits of Bitcoin mining!

7 Sep 2019 1 minute read 0 comments akis

When mining Bitcoin, you must be aware of what is called “difficulty”.If the difficulty level increases, the required hash rate will increase and the amount of bit coins that can be mined will decrease.The difficulty level is adjusted according to th...

Bitcoin Price Analysis: Bitcoin Consolidates above $10,600

7 Sep 2019 1 minute read 0 comments goldenforex

The firm bullish hold is being affirmed by the positive Moving Normal Combination Dissimilarity (MACD). The Relative Quality List on the every day time allotment upwards tendency demonstrates that purchasers are picking up force. The bulls have been...

SCAM alert: QR codes

7 Sep 2019 1 minute read 2 comments Roberto D.

It was ZenGo who noticed it, who communicated it with a blog post at the end of August, while it was cointelegraph to give visibility to the discovery (which had gone unnoticed).   According to ZenGo, as many as four of the top five search results on...

Opera browser will soon offer cryptocurrency on Android

7 Sep 2019 1 minute read 0 comments raihan97

The popularity of virtual currency cryptocurrencies is rising steadily from global money. Many companies have launched their own cryptocurrency services. And now the popular web browser named after cryptocurrency is Opera. According to The Verge, Ope...