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.


Algorand Beats Them All 🌟

24 May 2020 1 minute read 2 comments valuevision

Algorand advantages   PPoS (Pure Proof of Stake Technology) 1.000 TPS 5 seconds to settle nearly zero transaction fee immediate transaction finality   If you start staking, you don't need to delegate your stake. Get rewards simply by holding a bala...

DAILY CRYPTO NEWS AND RECAP On 23rd May 2020

22 May 2020 1 minute read 1 comment Creativeboy

Coin news   Bitcoin The Shadow of Satoshi’s Ghost: Why Bitcoin Mythology Matters! by coindesk.comHow the myth-making around Satoshi reinforces what makes bitcoin unique in the landscape of global monies.... Blockchain Bites: Iran and Russia Revisit C...

BIG NEWS, IS SATOSHI NAKAMOTO BACK?

20 May 2020 1 minute read 2 comments insidetrader

Today, there's a notification from WhaleAlertBot about 20 minutes ago which indicates the first ever movement of 50 Bitcoin mined 11 years ago. When we check the transaction link, it's easily recognizable that the difficulty of this block is 1. So wh...

25 May: Goldman Sachs Gearing Up

11 hours ago 1 minute read 0 comments TheCryptoCurator

Happy Monday my Crypto Peeps! Let's pause to remember those who died while serving in the United States Armed Forces...... We are red across the board except for Ethereum. Bitcoin Dominance is dropping, could this be the start of Altseason? Goldman S...

Is it Safe to Invest in Bitcoin?

21 May 2020 2 minute read 2 comments cryptosorted.info

Yes, No and Maybe. Now, that wasn’t intended to confuse or scare you but to let you know that the answer depends on your understanding of the technology and the risks involved in buying, holding and using bitcoin Without wasting any time let’s gets a...

Cryptocurrency Updates - 16/05/2020

16 May 2020 1 minute read 0 comments Gamer boy1110

Bitcoin Released Bitcoin Core Version 0.20.0 rc2 Tree-SHA512: c1bb2b3fb772704ab0266a30011869cb326608b731b1c7feaea107e1cbd0e67f7cf500ca4be36c705d8a3e6d7fcf324c52c062164d6ba315fbf0b99eed362b76 Download V0.20.0 - rc2 Here:     EOSIO Smart Smart Contrac...

3 ways to set up a Bitcoin wallet

21 May 2020 1 minute read 2 comments tornadooo

There are many Bitcoin wallets and they all differ in their features. Mobile software wallets are perfect for everyday use, and desktop software wallets provide a great balance between convenience and security. 1. Install a software bitcoin wallet Th...

The Future Calls for Honest Money

19 May 2020 2 minute read 0 comments CloudCoin

The Future Calls for Honest Money Digital currency was born against the backdrop of the fiat currency monopoly that nation states use against their own citizens. The bitcoin Genesis Block in January 2009, had a message referencing the bank bailouts o...

Google Deleted 49 Chrome Browser Extensions that were Hijacking Crypto Wallets !

24 May 2020 3 minute read 0 comments CryptoUser

Google deleted 49 Chrome browser extensions that were hijacking crypto wallets, targeting users of Ledger, Trezor, Jaxx, MEW, MetaMask, and others. Some of the malicious extensions came with fake five-star reviews, and were phishing for mnemonic phra...

What is CPU and GPU mining?

22 May 2020 1 minute read 0 comments tornadooo

CPU mining is the name given to mining with the central processing unit, the processor we know from our computers. In this mining type, the mathematical equations used for transfers are solved with CPU. Actually, in the early days, cryptocurrency min...