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 Continues to Push Down

27 Aug 2019 1 minute read 3 comments Oligon

Price is inside a bearish triangle pattern within the higher timeframe bearish descending channel with a strong resistance level above. Although Bitcoin’s price could rise to $10.6k, the expectation is for price to break and push lower at least to $9...

People Say Bitcoin Whales Control The Market, But There is XRP with Just 14 Wallets Having 50% Of The Supply

27 Aug 2019 2 minute read 16 comments Ed-california

Many people believe that Whales control the Bitcoin market - and they might just be correct! With just over 1,805 wallets controlling over 50% over the BTC in circulation, it is pretty damn concentrated amongst the Whales.  Data from PARSIQ, a blockc...

How To Invest In Cryptocurrency and Make Safe, Reliable Returns

27 Aug 2019 3 minute read 2 comments MintDice

Understanding Risk In the investing world, nothing is guaranteed. In the rather volatile Bitcoin and cryptocurrency world, the lack of guarantees are just the beginning. It is a relatively unregulated asset class with very large swings that are subje...

Bitcoin is the best form of money that has ever existed

27 Aug 2019 1 minute read 0 comments Doc

Bitcoin is the best form of money in existence. That may sound like hyperbole, but bare with me for a second... This is why: (Source: https://twitter.com/javierbitcoin/status/1165946642413117440) It really is only lacking in a few areas... And those...

Learning and Building Blockchain is hard - here's why!

27 Aug 2019 5 minute read 6 comments CryptoArgha

Blockchain is a modern technology created in 2009 by a man named Satoshi nakamoto The hype and chase around this technology is raising day by day and people are trying to learn explore the potential of this technology. Blockchain has a great future a...

Giveaway Contest by PYNK

27 Aug 2019 1 minute read 0 comments exaggerator

$50 USDC Giveaway :gift:Slide into before 31 AUG: https://twitter.com/pynk_io/status/1165016183764111363Pynk stands for Perpetual Yields from Networked Knowledge and offers something a little different in the crypto space. Pynk describe themselves a...

What is the Bitcoin Halving and Why Does it Matter?

27 Aug 2019 4 minute read 4 comments Khanondrum

A simple story of supply and demand   My objective is to break down what exactly is a halving, why it matters, and what impacts it will have on the market and (because I’m a horrible person) on price. What is a Halving? To begin we must first underst...

BItcoin News 08/27/2019 by dobobs

27 Aug 2019 6 minute read 0 comments dobobs

Current Cryptocurrencies Price Chart [coin360.com] Price Analysis 26/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM [cointelegraph.com] The views and opinions expressed here are solely those of the author and do not necessarily reflect the vie...

27/08/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS

27 Aug 2019 1 minute read 0 comments Danoskie

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 27/08/2019NB: The prices of these cryptos are based on the time I posted this post. Only one of them is a stable coin which is DAI.Sources: Binance, Coinbase, Huob...

ANN BITCOINXASH !!!

27 Aug 2019 3 minute read 0 comments OneHashCoin

Business Connexion (pty) ltdhttps://i.imgur.com/aVVYUDO.pngPRESENTBITCOINXASHhttps://i.imgur.com/x1tIg69.pngBLOCKCHAIN – IT’S NOT JUST ABOUT BITCOINBitcoinxash, a digital cryptocurrency made up of processed data blocks used for online purchases,is u...