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 Ethereum (ETH)? — 'Smart Way to do Business' — Beginner's Guide

5 days ago 7 minute read cryptomagis $3.77 tipped

Ethereum was one of the first cryptocurrencies to be released (4 years after Bitcoin). Unlike most other “coins”, Ethereum was established under the premise of bringing the idea of smart contracts to the world. Smart contracts are financial commitmen...

Spectrecoin dual-coin system improves privacy

2 days ago 5 minute read Mandica $3.46 tipped

Spectrecoin is a privacy crypto project with some unique features. Spectrecoin use ring-signatures like Monero for example as one of the privacy enhancing features. This provides plausible deniability through the use of decoys in transactions. Howeve...

Are You Really Ready for Bitcoin to "Moon" ?

5 days ago 6 minute read The Part Time Economist $3.29 tipped

What would you do if the price of Bitcoin suddenly went to $100,000? Obviously, this would be a cause for celebration among cryptocurrency holders and there is no shortage of ideas on how to spend that money. Some people may answer that the first thi...

Why You’re the Only One Who Cares About Bitcoin and Cryptocurrency

2 days ago 10 minute read MarkHelfman $3.20 tipped

Cryptocurrency has an odd and insular community. It attracts anarchists, cypherpunks, libertarians, and cast-offs of all sorts and thrusts them into a world of entrepreneurs, financial professionals, and government officials. Its leaders openly mock...

Three reasons the next bitcoin rally will be monumental

5 days ago 3 minute read MarkHelfman $3.03 tipped

Between July and November 2019, bitcoin’s price crashed from $14,000 to $7,000. This drop triggered panic and despair. A new wave of commentators claimed “bitcoin is dead / blockchain is useless” and some HODLers gave up. Yet the price remains up 100...

Bitcoin Mining in 2020 and How the Next Halving will Impact Its Profitability (Part 1)

4 days ago 3 minute read cam_elica_24 $2.98 tipped

Image Source: World Economic Forum On October 18, the 18 millionth Bitcoin was mined, which translates to around 85% of the total bitcoin supply, which is capped at 21 million only. Following the new milestone, the world’s number one cryptocurrency...

Technical Analysis Has 3 Main Principles

6 days ago 2 minute read FiboSwanny $2.88 tipped

Before we dive into the 3 main principles.. let's define TA!   Definition of Technical Analysis (TA) Here is our simple (yet complex) definition for TA.   "The art of identifying the force of an emerging trend until the weight of numerous indicators...

Let’s Take A Look At The Platform Flote

1 day ago 2 minute read Scottcbusiness.eth $2.63 tipped

Let’s take a look at Flote which is a community-driven social network focused on user privacy & monetization. It has no algorithms, no spying, no fees, and no problems. This is an awesome crypto-enabled alternative to the likes of Patreon offering th...

Bitmain Unveils New Strategies At Chengdu Event

2 days ago 3 minute read MinerUpdate $2.59 tipped

This insight piece was originally posted in MinerUpdate.com. Subscribe here for the latest updates. Bitmain introduces new options to existing customers at an exclusive Chengdu event as competition intensifies in the Bitcoin ASIC business. Fastblock...

Interviewing Paul Puey From Edge

4 days ago 1 minute read Scottcbusiness.eth $2.31 tipped

I recently had the chance to discuss Edge with Paul Puey who is the CEO and co-founder. The Edge team's mission is to provide the world’s most innovative tools and systems for secure and private data. It’s a place where you can buy, store, and trade...