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.


Binance 'Prepares' 'Biggest Update' for the Next Wave

29 Jun 2020 1 minute read 0 comments Nasir0

Binance resumed trading after completing "the biggest update to date," which included Changpeng Zhao, the exchange's CEO, who switched to a new programming language for the trade-compatible engine, rewriting all the code in the process. "We are prepa...

Adoption: 2.6 Million people in the UK alone have bought crypto

1 Jul 2020 1 minute read 0 comments Vms_Crypto

In the United Kingdom, the Financial Conduct Authority (FCA) published a report on June 30 2020 estimating that 2.6 million people in the UK have at some point purchased cryptocurrency. Their research indicates that 1.9 million people which is 3.86%...

Crypto child porn ring to be taken down by an international joint force.

30 Jun 2020 1 minute read 0 comments alberdioni8406

  Crypto isn't responsible to fund criminal activities but the ones who use it to obscure purposes must be heavily punished! The Spanish authorities are working with international joint force to take down a Crypto Child funded Porn ring. In Spain, th...

Uncensorable (and cheap) messages using gridcoin core

2 Jul 2020 1 minute read 0 comments yanis

Gridcoin Core is the (official) full node for gridcoin, and can be used as wallet, but also for staking/mining, but also for sending cheap (0.0001 grc fee) and uncensorable messages. If you didn't try it, just install gridcoin core (from gridcoin.us)...

Miners BTC and ETH Rewards Doubled!

2 Jul 2020 1 minute read 2 comments Gh0st999

Hey CryptoMiners! The RollerCoin community has grown fast lately. The daily online users has doubled in a matter of months! More players, better mining equipment, and more amount of games played daily have led the whole mining pool to extend exponen...

E-Wallet.Io-New Approach To Cryptocurrency Portfolios

1 hour ago 1 minute read 0 comments PassionCryptodotcom

The problem with many cryptocurrency wallets is that people do not want to store their funds there, as they do not receive any rewards for storing their money. Even when people keep their money in banks, they are rewarded. But the reward in the banks...

Crypto race: the most profitable and unprofitable coins in June 2020

11 hours ago 2 minute read 0 comments World Crypto

The controversial nature of May gave way to a bearish dominance in June - at least for the top 10 coins by market capitalization. Only one representative of this list grew in the last month of the second quarter of 2020. However, for coins that are n...

Another ponzi scheme flagged, mymticlub.

3 Jul 2020 2 minute read 0 comments alberdioni8406

The appearance of scam business on the African continent have been in exponential growth, most due to COVID-19 where many lost their jobs and the hability to pay bills on time forced to find ways to make income to maintain or sustain their life style...

A Brief Introduction to BlockFi - Earn Passive Income With Your Cryptocurrency

1 Jul 2020 1 minute read 0 comments WhaleTailMining

What is BlockFi? If you would like to earn up to 8.6% interest annually on your cryptocurrency by parking it in a high interest account, I encourage you to check out BlockFi. Blockfi lets you put your crypto to work by earning you monthly interest pa...

If you had invested $ 1,000 in Bitcoin 5 years ago, how much would you have today?

2 Jul 2020 1 minute read 0 comments Shadow Crypto

If you had invested $ 1,000 in Bitcoin 5 years ago, how much would you have today? Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex: https://lbry.tv/$/invite/@shadowcrypto:2     Spoiler: investing in Bitcoin in 2015 would have made y...