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.

A Ponzi Scheme Worth $3Billion Dumping Bitcoin price

15 Aug 2019 1 minute read 0 comments CryptoArgha

  Bitcoin price suddently started to drop by hundreds and thousands of dollars No body knew why it was dumping untill a reddit post explained why After a deep investgation by that reddit user it appeared to dump because of a high $3b dollar worth bit...

Korea’s Oldest Bank is Building a Blockchain-based Security System

15 Aug 2019 1 minute read 0 comments Cryptonomist

As reported by cointelegraph, SouthKorea’s oldest bank, Shinhan Bank, partnered with two other companies seeking to develop a blockchain-based security solution. Blockchain technology is new and seemingly an important to current systems. Wider adopti...

Goldman Sachs: Bullish on Bitcoin | Crypto Markets

15 Aug 2019 1 minute read 0 comments Chou Tzuyu

Creator: Cointelegraph Eric Crown, prominent Youtuber and trader, comments on Goldman Sachs’s latest bullish analysis on Bitcoin’s price. He also evaluates the latest Bitcoin (BTC) movements, focusing on the significance of the highest weekly close...

Binance adds new ordertype OCO (Order cancels order)

15 Aug 2019 1 minute read 0 comments Spigfish

Binance will perform a scheduled system upgrade starting at 2019/08/15 02:00 AM (UTC). The upgrade will take approximately 6-8 hours. What is a One-Cancels-the-Other Order - (OCO)   A one-cancels-the-other order (OCO) is a pair of orders stipulating...

Bitcoin dips below $10 000 for a brief moment, could it be the last ever?

15 Aug 2019 2 minute read 0 comments Bitcoin Babaji

As predicted the $9200 support held during the recent Bitcoin price drop. Actually price only fell to around $9500 and has since bounced up to over $10 000. There was massive buying as can be seen on the four hour chart volume levels, where the low p...

Walmart Submits Patent for blockchain based communication system

15 Aug 2019 1 minute read 6 comments CryptoArgha

Walmart shopping store giant recently submitted a patent to get blockchain based communication System for their company Walmart submits blockchain patent from their head office in usa for registering a trademark in usa. They submitted all requested d...

Mike Tyson and his blockchain project

15 Aug 2019 1 minute read 5 comments Roberto D.

The famous US boxer Mike Tyson will be part of a startup that aims to build a blockchain platform for future boxer and wrestler stars. The platform is called "Fight to Frame" and the aim is to "push" the young promises of this sport through games, be...

Binace Jersy Partners with payment giant caspian to provide fiat trading

15 Aug 2019 1 minute read 1 comment CryptoArgha

World's largest bitcoin Exchange binace European British version binance Jersey has announce a partner with a payment giant caspian to speed up the payment system in fiat currency Few days ago Binance jersy ceo announce that they will speed up their...

Man, BTC Prices Are Lousy Right Now

15 Aug 2019 1 minute read 1 comment gduran

It is the time of the "vacas flacas" as they say in Spanish (skinny cows) in the crypto world, most coins have gone down driven by the sharp drop in Bitcoin price which has gone from $12,000.00 during the last seven days to below $10,000.00 a few min...

Competitor of BitMex is coming, get there now - costs nothing

15 Aug 2019 1 minute read 0 comments kingscrown

BitMex has the top volume on margin and total everywhere. Needs no KYC AML and pretty much has just a few competitors who don't take too much of the market ie ByBit (also cool bonuses, try it).   Now big guys created new platform and you can register...