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.


What is RIF Token? (RIF) [A Comprehensive Guide to Understanding RIF]

10 hours ago 6 minute read Mr.CryptoWiki $5.89 tipped

In the years that followed the launch of Bitcoin, there were several projects that aimed to do a little better than it. Or at least, these projects saw the potential of Distributed Ledger Technologies (DLTs) and decided to one up it with extra featur...

Can You Spend Crypto Anywhere?

11 hours ago 2 minute read Scottcbusiness.eth $3.02 tipped

I’ve been looking for a crypto card solution to be able to spend at any point of sale or at ATMs in Canada and until recently have been unable to find one. Introducing Localcoin and Bitvo. I met both companies at Futurist in Toronto and was more than...

Will only 1% of coins survive?

5 days ago 4 minute read raven $2.90 tipped

Some months ago Ripple's CEO Brad Garlinghouse said that 99% of coins and tokens will go away. This sounds plausible, but is it actually true? To give some insight into this issue I decided to take a look on the crypto market of exactly 5 years ago...

Bitcoin mining as an alternative to the Alcoa crisis happens in Texas

1 hour ago 1 minute read Roberto D. $0.04 tipped

The news was already known but now the project has entered the construction phase; bitmain, which had already taken over the land, started this month the construction of a huge 300-megawatt mining farm in Texas. What is being born, when it goes full...

How I Make Money With Crypto Wallets

1 hour ago 10 minute read localtoledoan $0.24 tipped

 There are a variety of ways to earn crypto, and also to "cash in" your crypto. I will be sharing some of my methods for earning, and cashing in crypto. Crypto is a good second income, if you are willing to be patient, pay attention, and understand t...

Bitcoin between trade wars, brexit and geopolitical insecurity, has been discussed in London

2 hours ago 1 minute read Roberto D. $0.07 tipped

In London, the Future of Digital Asset was held yesterday, an event organized by Bloomberg and during which John Pfeffer, founder of Pfeffer Capital, Travis Kling, founder and CIO of Ikigai Asset Management and Charles McGarraugh, manager of markets...

How Does the Blockchain Work? (Blockchain technology explained in simple words)

3 hours ago 7 minute read cafoo41 $0.02 tipped

Blockchain technology is probably the best invention since the internet itself. It allows value exchange without the need for trust or a central authority. Imagine you and I bet $50 on tomorrow’s weather in San Francisco. I bet it will be sunny, you...

Crypto

4 hours ago 1 minute read abricoska $0.02 tipped

On the weekly chart, the development of the next impulse of decline in the framework of the updated channel is observed. Market participants seem to be winning back the latest rapid growth by balancing the price, says Dmitry Gurkovsky. It is possible...

Chinese City Hangzhou Released First Government Blockchain Powered by Bytom Bystack

4 hours ago 2 minute read cafoo41 $0.03 tipped

Of late, authority in China’s eastern city Hangzhou has completed the construction and test run of the “Government Service Chain”, the first blockchain-powered underlying system for government affairs. Under the initiative of the Hangzhou Data Resour...

The Wolverhampton FC Management Worried with sponsorship in Bitcoin.

5 hours ago 1 minute read alberdioni8406 $0.07 tipped

The Management of the Premier English Team Wolverhampton Wanderers Football "The Wolves" is worried about sponsorship they received in Bitcoin To their Team. The Premier English League is the Best Championship In the World and the latest winner of Th...

Monero: market analysis (November 15 to November 21, 2019 on BTC / XMR pair) - Price prediction

5 hours ago 2 minute read Roberto D. $0.05 tipped

XMR started to retrace losing about 5% compared to a week ago. Wrong forecast, therefore, even if it is not to be excluded that this coin breaks the previous maximum in the next few days, making what happened during the last week a trivial accident....

Bitcoin ATM surveys by the US Internal Revenue Service

6 hours ago 2 minute read Roberto D. $0.09 tipped

A few days ago we took care of the great success that bitcoin ATMs are having globally and we explained how the bulk of these devices are installed in the USA; it is therefore not surprising that the IRS (which stands for Internal Revenue Service) is...

Bitcoin as a tool for political struggle, sizes from 100 thousand dollars in BTC for those who hack banks and oil giants

7 hours ago 1 minute read Roberto D. $0.02 tipped

According to an article published in Vice a few days ago that one of the most famous hackers in the world has decided to offer sizes from 100 thousand dollars to those who were able to puncture the sites of banks, oil giants and other large companies...