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 Extreme Sideways | Going To Explode Soon

10 Jun 2020 1 minute read 0 comments moon333

The BTC is moving extremely sideways and moving between $10K to $9.5K since 2nd Jun. In this video, I have explained the future movement whether it will be upward or down. Link for Binance exchange: If you don’... (MCO) | The Best Place to Buy, Sell and Pay with Crypto

10 Jun 2020 2 minute read 5 comments NassiroV

Image Source The MCO token is an integral part of an ecosystem set up by the company, formerly known as Monaco. The objective is quite simple: to facilitate the use, in daily life, of the crypto-assets that you have. To achieve this, the...

Coca-Cola Can Be Taken With Bitcoin

10 Jun 2020 1 minute read 1 comment Murat Zignec

Coca-Cola Asia-Pacific region, which signed an agreement with digital asset platform Centrapay on June 8, will accept to pay with cryptocurrencies in vending machines. Coca-Cola, which has more than 2 thousand vending machines in New Zealand and Aust...

Institutional Investors Towards Crypto Money

10 Jun 2020 2 minute read 0 comments Murat Zignec

Fidelity Investments, which is one of the most famous financial services companies in the world and has approximately 2.5 trillion dollars of assets under its management, published its survey results on cryptocurrencies. In the data provided by...

Will Bitcoin make its move today? - Institutions are investing in Crypto

10 Jun 2020 1 minute read 0 comments DanBlock

Bitcoin has now reached the end of the short term wedge, it's currently supported by the light-blue line and there is a chance it will drop to the bottom yellow line before its next big move. It's a tedious wait, but we may see some action soon. Fast...

Ahead of Shelley: How did Cardano become one of the most promising projects of the year?

10 Jun 2020 7 minute read 0 comments Artur89

The long-awaited Cardano Shelley update will be activated on June 30. This was announced at the end of May by project founder Charles Hoskinson. The update activates the dPoS algorithm, adds the possibility of staking to the system and makes the proj...

In China, began to block the bank accounts of miners

10 Jun 2020 1 minute read 1 comment Kluma

Local authorities explain the freezing of funds by investigating a case of large-scale cryptocurrency fraudChinese miners report bank account locks. One of the businessmen said that his funds were frozen at the request of the police in Dongguan in Gu...

'Kit' sent a transaction for $ 133 with a commission of $ 2.6 million!

10 Jun 2020 1 minute read 0 comments InsanisFox

An unknown owner of an ethereum wallet sent 0.55 ETH (about $ 133) with a commission of 10,668 ETH (a little less than $ 2.6 million). The commission received Spark Pool. On Twitter, the mining pool reported: The average transaction fee is now abo...

Crypto Cold Turkey

10 Jun 2020 4 minute read 3 comments BryRi

What's the Best Glidepath to Finding Your Flow? This Article May Help. Opportunity If you look very closely at what is happening around you right now, you may see opportunity.  Sometimes it means taking a breath and being calm for a moment to let thi...

A user found a $ 5 million laptop with bitcoins

10 Jun 2020 1 minute read 0 comments Artur89

An investor gained access to a cryptocurrency purchased in 2010 for less than 10 cents per coin.Reddit user Shotukan said that he accidentally gained access to 533 bitcoins, now they cost about $ 5.1 million. The investor discovered his old laptop, w...