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.

06 Mar: India, South Korea, now France?!

6 Mar 2020 1 minute read 0 comments TheCryptoCurator

It's FRIDAY!!!! Crypto Peeps and we are green across the board once again as we head into the weekend. Will we get a pump to push us over $10K? I think so. Ok, I promise I am not making this up but yes, India, South Korea, and now France are legalizi...

Three Blockchain Use Cases for Environmental Monitoring

6 Mar 2020 3 minute read 2 comments DecentralizeCrowd

So far, blockchains have not been seen as a particularly environmentally friendly new technology. Everyone knows about the exorbitant energy consumption of Bitcoin that can easily match that of a small country. However, there is a ton of humanitarian...

The number of cryptocurrency users will increase by 100 times

6 Mar 2020 1 minute read 0 comments Kluma

Brian Armstrong, CEO of the Coinbase trading platform, told how digital money must change in order to be accepted by society. At the moment, the number of users of the cryptocurrency is about 50 million, but over time, their number may increase to 5...

The first step towards the end of cash?

6 Mar 2020 1 minute read 0 comments FullofShif

The coronavirus could be the end of cash and the world event that could cause mass adoption of cryptocurrency. In no way am I cheering this on because real people are dying due to this but if you have friends or family members who have doubted your b...

Price analysis 6, March Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

6 Mar 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,123.50 at 1:59 PM GMT, with a gain of 2.05% in its price in the previous 24 hours. Bitcoin with its 24 hours high w...

Luxor Mining Interview – Hardware, Altcoins, & America Vs China

6 Mar 2020 13 minute read 5 comments MinerUpdate

This interview was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. MinerUpdate interviews North American based multi-cryptocurrency mining pool Luxor Mining. The Luxor Mining founding team share t...

Is CCG Cloud Mining the latest exit scam?

6 Mar 2020 5 minute read 14 comments Adamq

The latest potential scam I wanted to alert you to is CCG Mining. Whilst I don’t think this started out as a scam, increasingly the behaviour of the firm suggests that the founders are in the middle of executing an exit scam. They have stopped paying...

LTO Network (LTO) Forming Bullish Shark And Ready For Upto 24% Move

6 Mar 2020 1 minute read 1 comment moon333

Hi fox hope you are well, on 1 hour chart LTO Network (LTO) is forming harmonic pattern and this time it is bullish Shark. All legs are formed now the priceline is forming final leg. The Pattern:Lest’s dig the pattern deeper to see how perfect this p...

Cryptocurrency Now Fully Legal In South Korea

6 Mar 2020 1 minute read 0 comments crypto_block

Cryptocurrency Now Fully Legal In South Korea On Wednesday, an amendment to the special reporting act passed in South Korea.     When the amendment was passed, it signified the official entry of cryptocurrency trading and holdi...

Lloyd's Of London Will Now Insure Crypto

6 Mar 2020 1 minute read 0 comments crypto_block

Lloyd's Of London Will Now Insure Crypto Lloyd’s of London's new insurance offering will cover crypto held in hot wallets.     If you have as little as $1,275 US dollars worth of crypto, you will soon be able to have it insured...