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.


US citizen faces criminal prosecution for sending Bitcoin to country sanctioned by Washington

16 May 2022 1 minute read 1 comment Kovichni

I remember when I first heard of the US intending to "shut down" particular components of crypto, which resulted in them blocking it's citizens from certain exchanges and forbidding them to partake in ICOs. This was when/why that Binance US version e...

USDT decouples dollar, will it be next?

17 May 2022 1 minute read 0 comments FunFavst

The slump in cryptocurrencies in recent days has left unfavorable balances with the notorious slump not only of Bitcoin and more strong currencies but also the abrupt fall of TERRA with LUNA and UST. Tether also suffered a downturn that casts doubt o...

Gaining A Better Perspective Of This Current Market

17 May 2022 2 minute read 2 comments Sapphire

Multiple Indicators I use technical analysis quite a lot, as well as fundamentals, and emotional intelligence to try and navigate my way through this market. I believe that due to recent events the market has shifted to a more emotionally interpreted...

Luna Foundation Guard accounts for $3 billion reserves & more

16 May 2022 2 minute read 1 comment I-HODL

Hey, did anyone get a chance to look at the blood moon last night? I planned to, but would you believe I slept through it all? I did too, and it wasn't even intentional. It was just that I was exhausted following developments with Terra over the week...

This Triangle Is A Make Or Break For Bitcoin (BTC)

22 May 2022 1 minute read 1 comment moon333

  Hi dear friends, hope you are well.First of all thanks for the support, secondly, as you know that on a weekly time frame, Bitcoin is moving above the key support of $28600 and there is also a bullish divergence flashed as the priceline is forming...

David Bond on Avoiding Financial Censorship with Bitcoin, Digital Nomad Life

30 Oct 2020 1 minute read 67 comments TheDesertLynx

Digital nomad and purveyor of digital products David Bond comes on the podcast to give his story on using Bitcoin to avoid financial censorship, which had affected his unique business when PayPal shut down his accounts and confiscated his money. We...

Which top100 shitcoins will go to hell this Bear Market?

20 May 2022 1 minute read 3 comments toofasteddie

I remember the previous cycle, I ended up with a good part of my hodling shitcoins until "the end"... I remember BITSHARES (what a centralized shit dear Larimer), EOS, STEEM, SYSCOIN, REP, VERGE (hahahah, the pornhub shitcoin!), FACTOM, DigiByte... a...

Time to balance the portfolio...

15 May 2022 2 minute read 0 comments toofasteddie

I think it's time to balance my investment portfolio in crypto. It's something I do in times of recession and it has worked very well for me for the last 5 years. In principle, I have not become rich, for the moment (LoL), but it has helped me to hav...

Portfolio Construction In A Bear Market

15 May 2022 3 minute read 3 comments Sapphire

Diversification Is Key So, I have tallied up my different stablecoin and cash holdings and am a lot higher than I expected to be, which is great! I am currently at approximately 40%, which is where I was when I made the initial shift in May of 2021....

The Problems That Thorchain Tries To Solve (Chaosnet)

8 hours ago 2 minute read 0 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Thorchain is also referred to as Chaosnet. It is a cross chain dex that allows you to exchange native tokens. They are not synthetics or wrapped tokens. It was built with Cosmos SDK and Tendermint BFT as the consensus algorithm. Through this platform...