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.


The New Way to Earn Crypto for Free - Out with Mining, in with Staking

2 minutes ago 7 minute read Mappo $0.02 tipped

Airdrops are so 2017, free money was fun while it lasted but now when someone says free money in crypto, the first thoughts are scams and ponzi schemes. But in 2020, there is a way to earn free money, in a legitimate, common practice, and logica...

U.K Central Bank will explore sovereign digital currency.

38 minutes ago 1 minute read alberdioni8406 $0.04 tipped

Now it's official, the Bank of England (BoE), the United Kingdom Central Bank is planning to explore use cases of Sovereign digital currencies (CBDC), and already made associations with other Central banks, to work together in the project. England is...

Square Crypto: first product will be a developer kit for the Lighting Network.

1 hour ago 1 minute read alberdioni8406 $0.08 tipped

The department of crypto, from the payment Firm Square, the Square Crypto announced their first Blockchain product: the Lighting Development Kit (LDK). The new product developed by the Square Crypto, will help devs to Lightning Network with their Bit...

❇️ DON'T BUY GOLD OR SILVER, IT'S A DAMN SCAM! 🤷‍♂️

1 hour ago 2 minute read charlesfuchs $0.02 tipped

With the global markets going nuts, stock markets hitting all time highs, while interest rates at record lows and global debt has never been higher... What can possible go wrong? 🤔 Let the printing press run baby!!! 🤑 Let's put everything in perspe...

Coinmarketcap 21/01/2020

1 hour ago 1 minute read sevillaespino $0.11 tipped

Hello, I hope all my dear followers are well and also the new readers that arrive every day, I will share closing of the market for this day. Today's market generates the second consecutive increase of the week by chance that increases the same as y...

3 Types of Blockchains

2 hours ago 1 minute read 2gen $0.11 tipped

I'm going to write a set of 4 posts which includes the types of Blockchain, Crptocurrency, Crypto Wallet, Crypto Exchange. we should know them when coming into the crypto world for investing or using cryptocurrencies. This is the first part. The 3...

Sent Crypto To Incorrect Wallet Type

2 hours ago 1 minute read Smoljanovic $0.21 tipped

Cryptocurrency Sent To Incorrect Wallet Type Be very careful when sending funds to your wallets. Ether cryptocurrency cannot be send to a Bitcoin wallet and vice versa. Funds will most likely be lost if you send the wrong crypto type to the wrong wal...

Review of the Avalon Nano 3 USB Miner

3 hours ago 1 minute read AverageVancouverite $0.21 tipped

The Avalon Nano 3 USB Miner: Specs: Algorithm: SHA256 (Coins Mined: Bitcoin, BitcoinCash, etc.) Hashrate: 3.6 GH/s Chip: 40 nm Avalon A3233 Chip Power use: Under 5 Watts The Review: The Avalon Nano 3 is a USB miner built with a 40nm Avalon A3233 C...

Quick Overview: Bitcoin Cash and Bitcoin Gold

3 hours ago 1 minute read NassiroV $0.10 tipped

Bitcoin Cash (BCH/BCC) Image Source Bitcoin Cash was created in August 2017 following a “hardfork” of the Bitcoin protocol. The Bitcoin blockchain can not adapt to a large number of requests and users without there being any impact on the speed and...

Peter Schiff Forgot His Passwords and Blaming Bitcoin For This!!!

4 hours ago 3 minute read andreaskanel $0.13 tipped

Peter Schiff has lost his Bitcoin! To think that it is more difficult to store and move Bitcoin than gold can only be said as an anecdote. The "passion" of the well-known criterion of encryption and teaching.     Twitter yesterday, in the crypto com...