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 Exchange Binance will release a new digital asset

19 Jun 2019 1 minute read 1 comment beareev

Binance cryptocurrency exchange is preparing to release a new token, which will be created through the blockchain Binance Chain. BTCB trades will take place both at Binance and at the Binance DEX site. The token will be traded in a pair with the main...

Hold for Billionaire — Join OCE CryptoFarm to Win 20% Annualized Expected Return

18 Jun 2019 1 minute read 0 comments CryptoFallen

oceanex.pro   Dear Users, We are excited to announce that our new feature — CryptoFarm of OCE Club is online now! To thank for your support all the time, we are going to hold a special event “Hold for Billionaire” — join OCE CryptoFarm to win 20% ann...

Bitcoin Holds Above $9,000 and Facebook Libra About to Launch- Good Omens for the Cryptocurrency Market

18 Jun 2019 1 minute read 1 comment BitcoinCrazy

Bitcoin Holds Above $9,000 and Facebook Libra About to Launch- Good Omens for the Cryptocurrency Market With a cryptocurrency market cap heading to $300 billion, representing a growth of over 100% in 2019 YTD and Bitcoin solidly above $9,000, the tot...

Ripple has invested in MoneyGram. XRP capitalization increased by $ 1 billion

18 Jun 2019 1 minute read 2 comments beareev

Blockchain-company will invest up to $ 50 million in Western Union direct competitor. The payment system will use altcoin for making money transfers. Ripple began working with MoneyGram. As part of the agreement, the blockchain-company will buy back...

Analyzing Bitcoin, EOS, XRP, ETH, BNB, LTC and BAT: Quick Updates

18 Jun 2019 1 minute read 0 comments Workin

Bitcoin continues to trade above $9,000 as volume declines. We’re seeing strong resistance between $9,400-$9,600. In today’s video I analyze Bitcoin, EOS, BNB, ETH, XRP, LTC and BAT. We’ll discuss where prices may be heading next, key areas to watch...

Facebook coin white Paper pointers

18 Jun 2019 2 minute read 3 comments MBYZ

11 things you need to know: Libra’s mission is to enable a simple global currency and financial infrastructure the empowers billions of people. Libra is a stablecoin which will launch in H1 2020. This will be fully backed by a reserve of real asse...

SIMPLE INFOGRAPHICS ON THE ARENA MATCH GOLD PROJECT

18 Jun 2019 1 minute read 1 comment Brahvo2k4

Arena Match Gold is an esporting project. AMG token "Arena Match Gold Token" will be used as our primary currency for perk purchases and esports skill-based betting on popular PC games. AMG will serve as a ERC-1155 (Enjin) utility token creating a d...

Cyber Crime Team vs. Crypto Holders

18 Jun 2019 1 minute read 1 comment restmode

Gary Alford the IRS agent that is responsible for the "Silk Road" shutdown now has his radar set on Bitcoin believers. The IRS is labeling recreational Bitcoin investors as "tax dodgers" and wants people to report cryptocurrency on taxes so the IRS c...

crypto The future of money in the world

18 Jun 2019 1 minute read 2 comments salahchiva

Is it true that it will become the future of money !! My answer is yes and this is for several reasons 1 / After years of the day most of the banks will go to the end The peer-to-peer payment system will become a system of payment and all people will...

Facebook coin Libra good omen for crypto, experts

18 Jun 2019 1 minute read 2 comments MBYZ

Crypto space top notch are claiming that Facebook Libra coin is not threat to cryptocurrency. Facebook is going to launch a blockchain coin under the umberella of Libra Association.  Tron fame Justin Sun recently tweeted saying that facebook coin cre...