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.


Bitcoin and EOS Analysis: Quick Update

18 Apr 2019 1 minute read 0 comments Workin

Bitcoin continues to trade within a tightening range. Volume is steady. EOS is consolidating right below major resistance. Price is being squeezed with a series of lower highs and higher lows. In today’s analysis I discuss where prices may be headi...

BTC/USD Daily Technical Analysis for 18.04.2019.

18 Apr 2019 1 minute read 0 comments Trader

Present Level: 5263.9 Pivot level: 5256.8 Immediate resistance level: 5288.9 2nd resistance level: 5323.0 3rd resistance level: 5355.3 Immediate support level: 5222.5 2nd support level: 5190.4 3rd support level: 5156.1 Note: Pivot levels are calcualt...

The Cost of Not Believing

18 Apr 2019 5 minute read 13 comments Alexander Niski

In a recent essay titled “The Case for a Small Allocation to Bitcoin” Wences Casares makes a convincing argument for responsible investestment in the Bitcoin “experiment”. Mr. Casares has not only served on Paypal’s board of directors from January 20...

Forbes: 'Bitcoin Is The New Gold', Crypto Winter is Over

17 Apr 2019 2 minute read 0 comments Consensus Report

Forbes has recently ran a headline declaring that Bitcoin is "the new gold" and that crypto winter has come to an end as a bullish technical set up takes hold. The headline ran by the top financial publication is further indication that mainstream p...

Bitcoin Donations Pour In For Julian Assange

17 Apr 2019 1 minute read 0 comments Gary Leland the Bitcoin Boomer

Julian Assange had been a resident at the Ecuadorian embassy in London for seven years found himself in police custody Thursday morning, and crypto personalities renewed their support. WATCH & SUBSCRIBE @ https://youtu.be/z_4ChaT6gso BitBlockBoom! -...

The IMF and the World Bank have launched a test cryptocurrency project

17 Apr 2019 1 minute read 0 comments xlubecx

The International Monetary Fund (IMF), in collaboration with the World Bank, launched its own private cryptocurrencies based on blockchaine. The Financial Times reported. In fact, it is a kind of cryptocurrencies called "Learning Coin", available onl...

Magic #5

17 Apr 2019 1 minute read 0 comments TheCryptoCurator

Crypto Watch TOP #3 (Sponsor iTrustCapital) * Bitcoin Lightning network passes 8K nodes as mainstream products emerge. * There are 50 companies that compose the Blockchain’s Billion dollar babies. * eToro launches new Crypto exchange eToroX along wit...

Binance has burned Binance Coin (BNB) worth over $ 15 million

17 Apr 2019 1 minute read 0 comments xlubecx

Binance's largest crypto exchange successfully implemented another planned coinburn cryptocurrency Binance Coin (BNB). For the burning (destruction) of Binance Coin (BNB), Binance has committed itself in its whitepaperi. It is one of the incentives f...

Another exchange is Bitcoin SV. Many are considering it

17 Apr 2019 1 minute read 0 comments xlubecx

Binance's decision to delimit the Bitcoin SV cryptocurrency appears to be followed by a number of other leading cryptobusinesses. ShapeShift has already confirmed its privacy that it will take the same step and the Kraken Stock Exchange said it was c...

France wants other EU countries to adopt their cryptocurrency regulation

17 Apr 2019 1 minute read 0 comments xlubecx

According to Reuters, France will try to persuade other EU Member States to adopt cryptocurrency regulations similar to those enacted by their government. French Economy and Finance Minister Bruno Le Maire claims to encourage other EU countries to ap...