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.


Derek's CryptoMusic #26

8 hours ago 1 minute read 0 comments Derekt

Derek's CryptoMusic #26   Celebrating CryptoMusic #25 I shared with you one of my top 10 ever... Boards of Canada. If you missed that post... go check it out now!!!   Today I am bringing you the work of: Max Cooper   Max Cooper is a London-based elec...

Sidechains? Ethereum a Sidechain? Liquid?

3 Jun 2020 3 minute read 0 comments teutonium

  Sidechains   Sidechains, a term that many talk about, many use, but most don't understand what a sidechain is... most think that because a chain is a sidechain to another chain it makes it automatically inferior to that other chain! It's not true....

GOOGLE AND CRYPTO

2 Jun 2020 1 minute read 0 comments Albert10.20

Like many big companies, it continues to invest in crypto projects, which it thinks will bring profit in the future, since last year on Google. Especially Google's Co-Founder Sergey Brin is very interested in cryptocurrencies and blockchain technolog...

What characteristics have made Bitcoin more unique?

2 Jun 2020 1 minute read 0 comments Phienmmo

Here are five characteristics that make Bitcoin unique: 1 DecentralizationOne of Satoshi Nakamoto's main goals in creating Bitcoin was to create independence from third-party control. This network is designed for each person, each business as well as...

What is Bitcoin? The basics under 3 minutes

3 Jun 2020 1 minute read 1 comment Mamaecrypto

Hope you enjoy this simple "What is Bitcoin?" slide I put together for you. If you would like to learn more about BTC my best recommendation is certainly Bitcoin.org. That's a great resource! I also have a blog where I share my own Crypto journey, t...

How to Get the Best Liquidity at Exchanges When Trading Your Cryptocurrencies

14 hours ago 1 minute read 0 comments christiansterque

First of all, a small concept of Liquidity: Liquidity is nothing more than the time that an asset, in this case cryptocurrencies, can be converted quickly without losing much of its original value. The greater the liquidity of a cryptocurrency, the f...

What is DAI & what makes it a good coin?

3 Jun 2020 1 minute read 0 comments Mabla

It is a decentralized stable coin and it operate on Ethereum blockchain which makes it stable and maintains its price of $1 per coin. It is almost the same as USDT but the only difference is that it is not backed by any fiat traditional currency e.g....

Top 5 Software Multi Crypto Wallets

3 Jun 2020 2 minute read 0 comments Diviner

Here are my top 5 best software wallets for holding all different types of cryptocurrencies. All of these wallets are 100% free and allow you to control your private keys, so no exchanges will be listed on here. These rankings are based on a  variety...

XAU/BTC Technical Analysis for 06/03: Sudden Gold Dip Strengthens Bitcoin's Dominant Position

3 Jun 2020 2 minute read 0 comments JP Buntinx

Many people would have expected to see XAU/BTC flip in favor of gold due to Bitcoin's recent price drop. Interestingly enough, this trading market's sentiment has not changed in the slightest, primarily because gold has lost some momentum as well.  X...

Repeat the scenario of Coinbase becoming unavailable during severe bitcoin fluctuations

12 hours ago 1 minute read 0 comments Queen CZ🍒

Coinbase has been offline four times in the past three months as bitcoin prices have changed, and angry users who can't access their portfolio are demanding that they be held accountable. On June 1, when Bitcoin reached $ 10,380 in less than an hour...