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.

FINALLY, The US Lawmakers Admit They Can't Ban Bitcoin

2 Aug 2019 1 minute read Ed-california $2.85 tipped

Can the US Government ban Bitcoin? Yeah right! Good luck with that guys! This topic of conversation has been a long-standing debate for critics of cryptocurrencies. However, news has appeared this week that suggests that this topic is ready to be put...

Politicians Say Bitcoin Can’t Be Banned

2 Aug 2019 1 minute read Gary Leland $0.07 tipped

While many Congressmen and Senators think that cryptos should be subject to more stringent regulations to deter illicit activities, a select few have started to come out in support of Bitcoin. Most recently, Senate Banking Committee Chairman Mike Cr...

My postal tracking service idea for you!

2 Aug 2019 3 minute read Cal_tv93 $0.05 tipped

So since i already have a lot on my plate with my ethereum DEX upcoming later this year i just wanted to share an idea i have been thinking about that could make world wide sending of letters and packages much better and easier to find for all of the...

02 August 2019 Betting Tips

2 Aug 2019 1 minute read btcbet $0.04 tipped

02.08.2019 Betting Tips I choose the following from Belgium and Germany. Here are my picks. Good luck… Do not forget to take your 5 BTC Bonus at Cloudbet   Club Brugge v St. Truidense VV : Brugge or -1.25 AH@1.54 Cloudbet   SV Sandhausen v VfL 1899...

Bitcoin Approaching $10.9k With Momentum

2 Aug 2019 1 minute read Oligon $0.20 tipped

I hope everyone who read the previous analysis got in the Bitcoin bounce from the major support zone, as it has rallied strongly from there. From a market structure perspective, price is approaching another major level at $10.9k, meaning we have two...

Iran Police Arrest Person Smuggling Crypto Mining Machines

2 Aug 2019 1 minute read HowToVids $0.15 tipped

What are you are doing, where ever you are, you have to follow the rules. Either they are the law of nature, the law of any company, country law or law of nature. Everything you should have to obey the laws. If not obey the laws then the law will tak...

SEC Hires Contractors To Run Nodes For All The major Blockchain

2 Aug 2019 2 minute read cyprain $0.02 tipped

The SEC has ramped up its surveillance by hiring contractors who will run nodes for all of the major blockchains. The United States Securities and Exchange Commission (SEC) seeks quotes from contractors to run Bitcoin and Ethereum, Bitcoin Cash, Stel...

The New York Attorney General's verdict on Bitfinex and Tether

2 Aug 2019 1 minute read cyprain $0.05 tipped

New York Supreme Court Judge Joel M. Cohen ruled to extend the preliminary injunction he filed in May for another 90 days. This happened on Monday when the New York Supreme Court Judge Joel M. Cohen said he needed more time to make a final decision o...

2/08/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS.

2 Aug 2019 1 minute read Danoskie $0.02 tipped

Good morning peeps,How was your night?It's another wonderful weekend for some cryptos as they gain with over +1% increase in price from the time of my last post to now.What a good beginning of another bull run.BTC which was struggling to get back to...

Top 5 Nonprofits (NGOs) that Accept Cryptocurrency as Donation

2 Aug 2019 1 minute read David Smith $0.04 tipped

Due to the irreversibility, transparency, and security of global transactions, cryptocurrency has become the best way to donate internationally. Unfortunately, only a few nonprofit organizations (or NGOs) have begun accepting cryptocurrency as a dona...