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.

Is Coinbase's latest bitcoin email patent a blow to privacy and decentralization?

22 Dec 2019 2 minute read 2 comments paragism

Cover Image Source "A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990's. I hope it's obvious it was only the centrally controlled nature of those systems that doomed them. I think...

Bitfinex opens to the purchase of cryptocurrencies with credit and debit cards, it is a good sign for the market

22 Dec 2019 2 minute read 0 comments Roberto D.

Although it would seem difficult to believe for those who recently approached the world of cryptocurrencies there was a time when buying bitcoins or any other cryptocurrency was not exactly the easiest thing in the world; the exchanges that managed t...

Get this right.

22 Dec 2019 1 minute read 0 comments MadMaxx

Bitcoin is going to be moon. Soon. The thing is since the October boom, the market has been correcting that massive 52% boom. That's what the market does. Corrects big moves like that. But the next big move may be upon us. And that is the halvening....

Banks Should Be Scared of Bitcoin

22 Dec 2019 3 minute read 2 comments trevorbalthrop

Why hello there folks!  Banks! Yaaaay... Bitcoin! Yaaaay!!!   This world has seen quite a lot of changes over the years. Especially within the last 5 years as we have been even more skeptical of Bitcoin and its future. Safely one could assume that fo...

22 December 2019 Betting Tips

22 Dec 2019 1 minute read 1 comment betebet

22.12.2019 Betting Tips I choose the following for today.Here are my picks. Good luck… Do not forget to take your 5 BTC Bonus at Cloudbet Tottenham Hotspur v Chelsea FC : Over 2.5Bet at Cloudbet SC Paderborn 07 v Eintracht Frankfurt : Frankfurt 0 A...

Iran's President proposed a creation of Cryptocurrency as alternative to the US Dollar.

22 Dec 2019 1 minute read 0 comments alberdioni8406

Hassan Rouhani The President of Iran proposed a creation of a Cryptocurrency to be an alternative to the US Dollar that will be used in Trade among the Muslims Nations. The Proposal was made in the Summit in Malaysia,where also participated Leaders...

Bitcoin in the US: Congressmen want clear rules

22 Dec 2019 1 minute read 0 comments dyhudyh

Eight members of the United States (US) Congress have now sent a letter to the Internal Revenue Service (IRS), an American tax office, urging the agency to provide clarity on cryptocurrency tax regulations. Will bitcoin finally be clearly regulated i...

Coinmarketcap 21/12/2019

22 Dec 2019 1 minute read 0 comments sevillaespino

The weekend begins and best wishes to all of you my dear readers as well as new readers, I hope today Saturday you have managed to spend time with your families and I wish you a very productive working day, if you could not spend today with your fami...

Burger King Now Accepting Crypto

22 Dec 2019 1 minute read 3 comments HowToVids

Although governments are in not the position to accept crypto as a payment method. But businesses are accepting it as a payment system for the ease of their customers. One of them is Burger King. They started to accept crypto as a payment method. Acc...

Crypto Terms

22 Dec 2019 11 minute read 0 comments excitingworld32

Original Source   Important Crypto Terms - Part 3   Good evening everyone while dealing with cryptocurrency. It is important to be aware and have knowledge of a few terms. It helps so much in your jou...