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.

"Man's Money 2020"

14 hours ago 1 minute read 0 comments CryptoZonZ

As the traditional financial system is exposed for lack of transparency in this Internet Age, mankind and the masses are continually developing an alternate, independent, open source, free market economy. Some call this a turning point, some call it...

Bitcoin (BTC) 12K??? | Look At This Another Bullish Reversal Pattern

6 hours ago 2 minute read 2 comments moon333

Hi friends hope you are well and welcome to the new update on Bitcoin. Previously we have seen that the price action of leading cryptocurrency took bullish divergence from the potential reversal zone of the bullish Shark pattern. Now it has completed...

Warning regarding the risks of investments in cryptocurrency CFDs

8 Jul 2020 2 minute read 2 comments Cosmin

Financial contracts for differences (CFDs), including bets on financial differences, with cryptocurrencies as an underlying asset, are increasingly offered to consumers. These products are extremely risky and speculative. The purpose of this warning...

Bitcoin rally or altcoin extinction? Top trader sees bleak future for ETH, XRP and Co.

7 Jul 2020 2 minute read 0 comments X.Crypto.0X

Despite the massive losses from the corona crisis, Bitcoin has had a good year so far in 2020. Year-to-date performance up to yesterday's Sunday was over 25%, which means that BTC even outperformed the S&P 500 in the first half of the year. However,...

How many bitcoins does Satoshi Nakamoto have

9 Jul 2020 1 minute read 1 comment World Crypto

The creator of Bitcoin Satoshi Nakamoto still owns huge reserves of bitcoins that he never moved, which indicates the developer’s caution and altruism. The mysterious creator of bitcoin, Satoshi Nakamoto, was also the first person to mine cryptocurr...

BTC bull Mike Novogratz recommeds you hold more gold than bitcoin

10 Jul 2020 1 minute read 1 comment monkeybusiness

This is not going to be a Gold vs. Bitcoin post.  I promise! If you are into crypto investments you surely have heard of Mike Novogratz.  It might, however, surprise you that he recently recommended people hold more gold than bitcoin in their portfol...

Bitcoin IRA - The Benefits of Investing in Crypto for Retirement

8 Jul 2020 1 minute read 0 comments XTRM

Out of Los Angeles, USA - XTRM - Bitcoin IRA, the world's first, largest, and most secure digital asset IRA technology platform, which allows is clients to purchase many cryptocurrencies and other digital assets for their retirement accounts suck as...

Cross-Chain Deposits Launched on Newdex

10 Jul 2020 1 minute read 0 comments hashcash

The EOS ecosystem recently became a little bigger and much more diverse – courtesy of Newdex. Cross-chain deposit and withdrawal functionality for Bitcoin and Ethereum is now live on Newdex. This feature was introduced simultaneously with the listing...

Bitcoin will go up or very hard down

11 Jul 2020 1 minute read 1 comment DanBlock

We are at a crucial point in the chart where Bitcoin price is now at the intersection of a horizontal support/resistance and an uptrend support. I rarely go to low time frames in the chart, but I want to show you how the price is bouncing between the...

New Hardware Wallet Promotion: 20% off New Ledger Nano X

9 Jul 2020 1 minute read 0 comments Bitcoin Gaming Online

One of the most popular hardware wallet providers known as Ledger is currently offering 20% off there Ledger Nano X hardware wallets. The promotion comes as Ledger celebrates Coin League 2020 where all you have to do is vote for your favorite crypto...