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.

Bitcoin verso nuovi massimi?

2 hours ago 1 minute read 0 comments dexpartacus

Le crypto stanno tornando mainstream con attori che fanno pubblicità per progetti cripto, speriamo che questa volta non ci siano scam.Bitcoin vuole rompere i massimi, ovvero i 42k, o dobbiamo prendere l'ascensore e scendere magari verso i 30k.Affron...

Guy dumped the hard drive containing 7 500 BTC

2 hours ago 1 minute read 0 comments andrej

In 2013, man called James H. through away hard disk containing 7500 of BTC. Why he did it ? His girlfriend hate that in their house was still sound of notebook. In 2013 was possible mine BTC with CPU. So he turn it down. He tried to find disk several...

Cheap electricity boosts bitcoin mining in Scandinavia

2 hours ago 3 minute read 0 comments Giorgi Mikhelidze

Due to the heavy rains, often coming against the backdrop of mild autumn and winter 2020 in the Scandinavian region, the power of hydroelectric power has inevitably increased. In addition, the decrease in the cost of mining coincided with the increas...

New Year, new money to make

3 hours ago 1 minute read 0 comments Myten

2020 was a year noone of us will never forget.  The whole world is chaotic with a raging pandemic, world war about to break out sevreal times and the worlds leading Economy and Military power is in an almost failed state.    At the same time does the...

A common occurrence of Crypto Exchanges collapsing when BTC’s prices BOOM!!

3 hours ago 1 minute read 4 comments Greenchic

  Price action of Bitcoin, of course we have seen is dashed crazy, recently BTC had gone from 30,000$ to 41,000$ in a matter of 3 days from 5th Jan to 8th Jan and then later in Jan 11th, BTC fell by almost 40% to 28,000$ , this just shows how unpred...

Bitcoin Recovers Back to the Verge of $40K As Trump Impeached for Second Time

3 hours ago 4 minute read 1 comment bettercallpaul

President Donald Trump Becomes First President Impeached Twice After House Votes to Impeach by W. Paul Alexander for Better Call Paul Blog [WASHINGTON, D.C.  |  01/13/2021 @ 7:15 PM]  No matter what happens from here on out, Donald Trump cemented...

SafePal backed by Binance is Distributing 5 Million SFP Tokens (Grab the Opportunity)

4 hours ago 1 minute read 0 comments CryptoPk

SafePal is a #Binance Labs incubation project as stated by Binance CEO CZ. He also tweeted on his official Twitter account as well which I have also mentioned below after this Paragraph. Personally, I know many friends in Crypto who have already clai...

Look At This !!! Ethereum (ETH) Is Trying To Breakout Resistance Against Bitcoin

4 hours ago 1 minute read 1 comment moon333

  The importance of SMA 7 and 25:The previous rally of 2017 ended when on the weekly chart, the simple moving average 7 crossed down the SMA 25. This time sofar the price action is retesting, again and again, the SMA 7 and did not break down it sofa...

Bitcoin Immediately Rejected After Retaking $40,000 Level - (TA - 15th of January)

4 hours ago 2 minute read 1 comment pheonixdown-dee

Bitcoin (BTC) reached a high of $40,112 on Jan. 14 but was rejected immediately after and has been decreasing since. While the long-term trend is likely bearish, the short-term trend remains bullish as long as Bitcoin is trading above $36,717.  ...

Cryptowriter: The Bitcoin Purist's Holocene Event

4 hours ago 12 minute read 8 comments Thomas Wolf

If ever there was a subject I didn’t care about in crypto, it would be the inevitable debate of government intervention diminishing social support in response to superior and adapted currencies. “It is not the most intellectual of the species that su...