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.

What is RIF Token? (RIF) [A Comprehensive Guide to Understanding RIF]

11 hours ago 6 minute read Mr.CryptoWiki $5.89 tipped

In the years that followed the launch of Bitcoin, there were several projects that aimed to do a little better than it. Or at least, these projects saw the potential of Distributed Ledger Technologies (DLTs) and decided to one up it with extra featur...

Can You Spend Crypto Anywhere?

11 hours ago 2 minute read Scottcbusiness.eth $3.03 tipped

I’ve been looking for a crypto card solution to be able to spend at any point of sale or at ATMs in Canada and until recently have been unable to find one. Introducing Localcoin and Bitvo. I met both companies at Futurist in Toronto and was more than...

Will only 1% of coins survive?

6 days ago 4 minute read raven $2.90 tipped

Some months ago Ripple's CEO Brad Garlinghouse said that 99% of coins and tokens will go away. This sounds plausible, but is it actually true? To give some insight into this issue I decided to take a look on the crypto market of exactly 5 years ago...

The BTC 2020 Halving. Why can we anticipate an increase in BTC price and what could diminish the effect?

6 days ago 5 minute read Qrcollector $2.73 tipped

Basic introduction.Bitcoin (BTC) works through a consensus mechanism called Proof of Work (PoW). To understand what this has to do with “The halving” or “The halfening” I give a (very) short explanation of what is important to understand what is abou...

Braiins Release Stratum v2 Specifications

17 hours ago 4 minute read MinerUpdate $2.36 tipped

Braiins release the specifications for Stratum v2. The Stratum v2 specs address key security holes highlighted in Stratum v1 while also providing data efficiency benefits to miners and mining pools. Quick take; Braiins publish the specifications for...

What Can You Buy with Bitcoin Today?

2 days ago 4 minute read cam_elica_24 $2.16 tipped

Bitcoin has come a long way from its first real-world purchase back in May 2010 when Laszlo Hanyecz paid a fellow early adopter 10,000 bitcoin to order him two Papa John's pizzas. At the time of the offer, that amount was more or less a fair-value ex...

Is Bitcoin Cash (BCH) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations.

1 week ago 7 minute read CryptoBoomer $6.55 tipped

Bitcoin Cash (BCH) is often seen as the most successful fork of the original Bitcoin (BTC). While there are other cryptocurrencies that adopt the name of “Bitcoin” as well (for example BSV or BCD) but undoubtedly, Bitcoin Cash is significantly more...

Bitcoin whales have mobilized more than $1.8 billion in the last 48 hours

1 week ago 2 minute read daniejjimenez $1.55 tipped

The movement in this sumptuous ocean of crypto space has put the Bitcoin whales back on the front page after they made movements in the last two days for more than $1.8 billion. According to the Whale-Alert  site, in recent hours the movement has int...

Venezuela is the country of cryptocurrencies, Maduro confirms that the thirteenth will be paid in Petro

3 days ago 1 minute read Roberto D. $1.14 tipped

The community has become accustomed for a long time to follow closely what happens in Venezuela, the country has in fact become a sort of international laboratory as far as the world of the crypts is concerned, not only are we talking about the first...

Canaan IPO Confirmed – $400 Million November Nasdaq Listing in Line

1 week ago 1 minute read MinerUpdate $1.85 tipped

Sources close to MinerUpdate have confirmed that the Canaan IPO application to list on the NASDAQ exchange has been approved by the SEC and is set to take place in November. Details have yet to be officially confirmed but it is believed that the...