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.


Three Types of People Who Won’t Buy Bitcoin

4 Aug 2020 2 minute read 12 comments CryptoFinally

Over the last few years, an incredibly huge chunk of data has been disseminated over the internet on the workability of crypto in general and Bitcoin specifically. The idea and notion of the subject have been spread across diverse social platforms in...

TK's 12 in '21

4 Aug 2020 2 minute read 1 comment thunderboltkid

From the Top 25, as you know them today (more or less) Compared to that infamous day 17-12-2017 @ 17:00pm (Thank you CoinMarketCap for preserving that Top 100+ view of the markets in 2017) In this post I subjectively (my opinions are my own) score th...

Dividends, Interest, Staking and Gas! My Crypto Earnings!

18 hours ago 3 minute read 5 comments teutonium

    How much...Every single time!   Every single time I tell people that I've invested in cryptocurrencies they always ask me the same question! "How much have you made?"! My answer is always the same thing... "I haven't sold any, but if I did I w...

PSA: Don't Be Like This Person! How to Secure Your Crypto!

4 Aug 2020 1 minute read 0 comments cryptoforcanadians

I'm keeping this post short as it's more of a public service announcement. I recently came across a post on Reddit about how someone had lost 1.6 BTC. After learning about how the person had lost the BTC, I immediately knew that I had to write a post...

ETH Transaction Fees now account for 30% of miner rewards. This is potentially VERY BAD.

3 Aug 2020 1 minute read 18 comments FarewelltoMinds

As the gas fees on ETH have grown with its use, fueled mostly by shitcoins and scams (as I have proved to you previously, using data based on the highest gas burners) fees now comprise over 30% of miner revenue.  Coinmetrics.io reports on this, found...

Bitfinex: "$400 million ransom if you return our BTC"

5 Aug 2020 1 minute read 2 comments FarewelltoMinds

Bitfinex: "$400 million ransom if you return our BTC" In an announcement today, Bitfinex has offered a reward of $400 million dollars to anyone that can put them in touch with the hackers who, in 2016, stole 120,000 BTC from the exchange. "This incid...

Which Social Platform is the Most Difficult for Crypto?

18 hours ago 3 minute read 10 comments BryRi

As I was writing one of my latest articles; Worried about the latest BTC rise?, the opportunity arose to look a little deeper at the Google trend data around BTC.  After spending some more time trying to digest what I was looking at I had a question....

MXC's New M2 Pro Mining Machine to Revolutionize The Industry

4 Aug 2020 5 minute read 0 comments Sal Miah

  MXC continues to perform as one of the most proactive platforms in the blockchain industry. After their MXC smart cities campaign, the company is moving on to other productive projects. The company recently introduced MXC Mining, made possible thr...

BTC at $430,000: Do you believe in fairy tales?

4 Aug 2020 2 minute read 2 comments Roberto D.

Bitcoin at $ 430,000 is a new forecast that emerged from the web, more precisely by the analyst Crypto₿ull (it has about 155,000 followers on Twitter, it followed, ok ..). The news also echoed on the cryptocurrency website dedicated to cryptopotato.c...

Bitcoin Becomes the Dominant Revenue Stream for Square's Cash App

5 Aug 2020 1 minute read 0 comments Abhi K

Square’s focus on digital assets has resulted in tremendous results for the company, as on August 4 a shareholder letter revealed that its Q2 Bitcoin sales are greater than fiat sales.  Launched in 2017, it has only been just over 2 years since Squar...