Bitcoin (BTC) News, Price Predictions and Opinions

Bitcoin (BTC)

16,816 Articles 5523 Followers

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.


Understanding Hard Fork

29 May 2020 5 minute read 9 comments Ruma

Blockchain’s scaling solutions can be categorized into four parts:- First layer on-chain solutions second layer off-chain solutions scalable consensus mechanisms distributed ledgers First layer on-chain solutions The first layer scaling solution su...

Why China’s Cryptocurrency Matters More Than Bitcoin

29 May 2020 4 minute read 10 comments MarkHelfman

Cryptocurrency advocates remain massed and ready to rush the barricades of traditional finance. Who will rise to lead this charge? The Chinese government, if you can believe that. It will soon launch a digital yuan on its nascent Blockchain Service N...

Cardano: another outbreak of bull activity

30 May 2020 1 minute read 0 comments World Crypto

On May 28, the Cardano (ADA) rate made a bullish breakdown of an important resistance area and at the moment showed a 25% increase within the day. However, the price began to show signs of short-term weakening. Cryptocurrencies continue to flex their...

Cardano is pursuing an offline solution for Cryptocurrencies

29 May 2020 2 minute read 6 comments fklivestolearn

The blockchain project is developing a crypto-native microchip that would be embedded within the devices   Cardano is an open-source, decentralized public blockchain & cryptocurrency project and the 11th largest by market cap. Input Output (IOHK) — t...

BlockFi - Avoid or Use?

28 May 2020 2 minute read 32 comments johnwege

As many of you are aware, DeFi is the new buzzword in the cryptocurrency scene.  Everyone seems to looking for new possible ways to earn a passive income and DeFI seems to be a great option. There have been many crypto start-up companies that have pr...

The Difference Between Bitcoin And Litecoin

29 May 2020 2 minute read 5 comments NOWPayments

Anytime you wonder how to accept cryptocurrencies online, you inevitably come across the mentioning of Bitcoin and Litecoin, the “royal” coins. While BTC is widely referred as the «gold», LTC is considered to be as the “silver”. Both the two popular...

Bitcoin @ $100,000, Impossible or Inevitable?

1 Jun 2020 2 minute read 15 comments Thomas Wolf

In a recent article on Forbes "Bitcoin Could Be About To Surge To $100,000 After Stock-To-Flow Update Revealed" by Billy Bambrough, Bambrough discusses the struggle for Bitcoin to reach and hold $10,000 as well as how cryptocurrencies are one of the...

Flexible transactions: Why Google and 'In-app purchase' facilities should adopt cryptocurrency

3 Jun 2020 4 minute read 5 comments Dzoelx

Digital currencies are by far more flexible than our everyday paper and coins. An average alt coin can be used to transfer funds worth millions of dollars within a time frame of sixty seconds to any destination provided both parties have a functional...

Financial sovereignty in the New World Order: Now is your last chance.

19 hours ago 14 minute read 2 comments BUIDLsatoshis

Dear readers, In this article I will make a case as to why Bitcoin is now your last chance to opt out the broken crony capitalism system that you are stuck in since birth. Prior to reading my article and my analysis of the upcoming new world order I...

4 News From This Week You Should Know (25 to 31 May)

31 May 2020 2 minute read 12 comments McAlex7

It was the last week of May and there has been some interesting news in the cryptocurrency world. Today we are going to talk about Samsung's project, Coinbase acquiring Tagomi, China's digital currency who is about to be launched and Ethereum who bro...