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.

Happy Bitcoin Pizza Day!

22 May 2020 1 minute read 2 comments Cash Chucker

Yes, that's right.  The day has come.  Today, May 22, is that day we gather around as a community to remind Laszlo Hanyecz about the horrible decision he made 10 years ago to order pizza.  He posted on the bitcointalk forum an offer of 10,000 BTC for...

Bitcoins from 2009 moved to an unknown wallet, is it Satoshi?

22 May 2020 1 minute read 2 comments PassionCryptodotcom

The rumor mill has just restarted while 50 bitcoins have just been transformed from an inactive crypto wallet since 2009. It seems that the coins were first mined when bitcoin was created and are now worth around $ 500,000. The rumor mill has just...

Shopify merchants can now be paid in crypto

21 May 2020 1 minute read 1 comment PassionCryptodotcom

The Canadian e-commerce giant Shopify, the second most valuable company in the country's stock market, recently announced a partnership with the cryptocurrency payment processor CoinPayments.As part of the agreement, the Shopify platform will include...

"60 million people will be driven into extreme poverty." Will it help bitcoin?

21 May 2020 4 minute read 0 comments Kluma

The world Bank has predicted a deterioration in the world's economic situation due to the coronavirus pandemic. Will this lead to an increase in demand for cryptocurrencies, as is happening in countries where the population is losing confidence in na...

Higher Centralization, A Political Message, Temporary Spike in Fees - Welcome to Post-Bitcoin Halving !

24 May 2020 2 minute read 0 comments CryptoUser

Bitcoin’s third block reward halving happened on May 11 with a secret message embedded in the penultimate block #629,999 mined by F2Pool. The message says: “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue”. This refers to...

NULS Bimonthly Report -- First Half of May

23 May 2020 3 minute read 0 comments NULS

Technological Progress NDEX core product and features developed, internal Alpha testing completed. NDEX Beta open community testing underway. NerveNetwork Wallet and its Explorer are in the final stages of development with the assistance of NULS NTC....

Trezor and Ledger Data Can Be Hacked ?

25 May 2020 1 minute read 1 comment Creativeboy

According to an online monitoring web portal known as Under Breach, a hacker is trying to sell customers information obtained from companies such as Keepkey, Trezor, Ledger and even investment platform Bnktothefuture. The hacker does not appear to ha...

Craig Wright Called Fraud in Transaction Message From One of His Claimed Addresses

13 hours ago 1 minute read 0 comments Abhi K

Craig Wright has experienced another tremendous complication in the case he is facing against the estate of Ira Kleiman, as multiple addresses claimed to be Wright’s have embedded the words “liar” and “fraud” in transactions.   The crypto world spot...

KuCoin Registration | KuCoin Sign Up | Create An Account At KuCoin Exchange

22 May 2020 3 minute read 0 comments cryptodabbin

  New Registered Users Earn 5 USDT, Sign Up Here! KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has...

Shopify: the e-commerce giant has added the option to pay in cryptocurrencies.

23 May 2020 1 minute read 0 comments Cesare

The Shopify company recently partnered with Coinpayments, to implement the possibility of using cryptocurrencies as a payment method within its online stores! CoinPayments is a payment processor that allows merchants to accept Bitcoin and hundreds o...