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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, Business & The Truth of Lies

3 Oct 2022 5 minute read 18 comments Thomas Wolf

I am not in the business of doom & gloom, I save that for others, however, I do wish for my readers to be awake; not standing in line blindly hopeful like hungry sheep headed for slaughter. “Man is least himself when he talks in his own person. Give...

Trying to explain the cryptosphere with the tools of traditional economics is like trying to explain the Higgs boson with Newton's laws

4 Oct 2022 10 minute read 6 comments SirGerardThe1st

Image by chantal MURE from Pixabay  Everything we know, including me and you who are reading, are made of particles. But when the universe was born, the particles had no mass and were wandering aimlessly at the speed of light. Stars, planets, and wha...

The Next Big Thing in Crypto?

22 hours ago 7 minute read 0 comments johnwege

There are said to be two certainties in life that you can always count on. They are taxes and death.  No matter how hard you try, they are inevitable and will eventually catch up with you.  The cryptocurrency market is just over 10 years old, but it...

The True Meaning Of Decentralization

4 Oct 2022 4 minute read 1 comment hifi.bitcoin

Read now to learn how "decentralization" means so much more than what you've been told. This issue of The HiFi Bitcoin Letters is free for everyone. To receive Bitcoin insights and analysis more frequently, and for access to my new book, The Ultimat...

The End of Bitcoin Passive Income?

2 Oct 2022 5 minute read 9 comments johnwege

Throughout the last few years, many of us in the Bitcoin market began lending our coins to earn a passive income.  After all, why shouldn't we?  There were two options we had.  Either have your BTC in cold storage or sitting on an exchange doing noth...

Taking profits in a volatile market - A dilemma

21 hours ago 4 minute read 2 comments Dzoelx

Cryptocurrency’s volatility means an investor could make crazy gains in a very short while. 5X, 10X…these are huge returns; in crypto, they are meager returns and happen very often. Well, they could also go either way at the same pace. Filled with e...

Tuesday Trues - 10-4-2022

5 Oct 2022 5 minute read 6 comments Thomas Wolf

Tuesday Trues, 10-4-2022Some of this content is serious.  Some isn’t…First, it's still Tuesday where I am.  Second; this isn't my usual content. “A lie gets halfway around the world before the truth has a chance to get its pants on.” ― Winston Church...

Bitcoin Weekly (10/3/2022)

4 Oct 2022 2 minute read 0 comments CryptoMasterMiner

SeptemBEAR is over, thank goodness! After a very rough month Bitcoin (BTC) kicks off the "scary" month of October, hopefully with a few more green candles than we saw the last 30 days. The largest cryptocurrency managed to close the week up a little...

Staking Crypto – Amateur Investing #29

4 Oct 2022 2 minute read 1 comment Scott Cunningham

Time for another update on my investment portfolio and my passive income journey. In this episode, I cover my regular monthly update sharing what I invest in and why. This is amateur investing at its finest!

You Will Buy Crypto at Higher Prices, But Not Today

21 hours ago 5 minute read 4 comments MarkHelfman

What’s up? Interest rates. Prices. Stress. In the US, job listings just fell to pandemic lows, property values started to collapse, earnings are down across the board, and unsold goods are piling up in many stores. Elsewhere, pension funds are on the...