Bitcoin (BTC)

49,679 Articles 82,516 Followers

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's high probability on intense fluctuation

19 Aug 2019 1 minute read 0 comments Emad

Just look at the BTC's fluctuations since June 14th until today. 12k to 16k CAD up and downs, though the range has been good for day traders, but it is a bit boring for investors and long term traders. Well, in my opinion, that's about ending soon! ...

Crypto in the USA, Part 1 of the Documentary by CoinTelegraph is live

19 Aug 2019 1 minute read 0 comments

CoinTelegraph released Part 1 of their Crypto in the USA documentary.   Among other things, the documentary covers the night club that accepts cryptocurrency.  The interview with Shawn Chester about how you can pay for Grand Canyon Chopper rides with...

Whether Litecoin may soon rise in price despite the massive selling pressure and the recent dusting attack?

19 Aug 2019 1 minute read 0 comments Cryptonewscom

According to NEWSBTC: Litecoin has been enveloped in negative sentiment, which has largely originated from its lackluster price action after the halving event and a recent dusty attack that has affected nearly 300,000 addresses LTC on Binance   Litec...

This Bitcoin-based DeFi project takes its services to Latin America

19 Aug 2019 6 minute read 0 comments MonoBlack

The co-founder of the company plans to have 10,000 users by December 2019. They offer loans in BTC in Mexico, Venezuela, Colombia, Argentina, Panama, Peru and Costa Rica.   One of the main objectives of Bitcoin is to decentralize finances, allowing b...

Bitcoin: The Battle Rages On

19 Aug 2019 1 minute read 1 comment Workin

The Battle between bulls and bears rages on as Bitcoin remains rangebound. Price managed to spike from $10,300 to over $10,700, but has done so on relatively low volume. In today's video we'll discuss where bitcoin may be heading next, key areas to...

Review the EDC Blockchain wallet for Android

19 Aug 2019 4 minute read 0 comments afif

   Hello Friends, this time I will bring back the topic of the EDC Blockchain especially is the experience of using an EDC wallet for Android smartphones.We need to know that in terms of the volume of devices used, Android dominates iOS with a large...

Santander will include One Pay FX Ripple remittance service to Latin American clients

19 Aug 2019 2 minute read 0 comments MonoBlack

The bank is building a "payment broker" that would allow customers in Latin America to send money to the United States instantly and free of charge. Banco Santander, born in 1857 in the city of Santander, Spain, is undoubtedly one of the most influ...

BEYOND BITCOIN. The Future of Digital Currency. Part VI CloudCoin - Putting Theory Into Practice / Blockchain Socialism

19 Aug 2019 12 minute read 0 comments CloudCoin

CloudCoin History June of 2016 - Sean Worthington was sitting in his bath listening to the Stephan Molynuex Philosophy program when he realized that monetary systems are physical implementations of information systems and that money is data. If the p...

RAKUTEN - Japanese e-commerce giant launches crypto exchange platform to support BTC, ETH and BCH

19 Aug 2019 1 minute read 3 comments Cryptonewscom

The crypto market is increasingly caught in the eyes of "big man" when the number of institutional investors is increasing Considered Japan's Amazon, e-commerce giant Rakuten announced the launch of its electronic money trading platform, with the na...

High energy consumption of BTC is justified

19 Aug 2019 1 minute read 1 comment ihodl25

According to a recent blog post by Unchained Capital (a financial company that offers cryptocurrency owners cash loans secured by their assets), in the long run, high energy consumption by bitcoin outweighs the negative impact on the climate and envi...