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.

Episode 177: 🚨 California Slavery Reparations - I speak on Black Lives Matter Movement 🛑

31 Aug 2020 1 minute read 3 comments NewCreationCapital

video: audio:   Join The New Creation Cronies Telegram Group In Episode  177: California Slavery Reparations - I speak on Black Lives Matter Movement. This is today's story. Story Related Links: California Moves to Consider Reparations for Slavery...

Dash Nation Demonstrates the Beauty of a Dash Economy

31 Aug 2020 1 minute read 0 comments Tao of Satoshi

When I first learned about cryptocurrency, I dreamed about the possibilities. The legacy financial system had so many flaws, and this new way of handling finance seemed to have such a bright future. Bitcoin, created by the pseudonymous Satoshi Nakam...

IRS memo and recent updates to tax returns shows the growing adoption

31 Aug 2020 1 minute read 0 comments

If the tax authorities are looking to claw-back on an income source that is one of the indicators of 'adoption'. IRS has released a memo on Friday (Aug 28) to clarify that the crypto earned from microtasks is taxable income. Microtasks could include...

Hopes for the Increase in the Value of BTC

31 Aug 2020 1 minute read 0 comments George Owota

After a bearish force caused by the speech of Federal Reserve led to the fall of Bitcoin BTC to $11,700 last week, the biggest Cryptocurrency in the coin market, Bitcoin BTC, tends to start the new week with a bullish trend in its price value. With r...

Ö | Weekly Snapshot Aug 31 - Sept 6

31 Aug 2020 6 minute read 3 comments Bayarizard

*ahem*   Successes & failures aside, I enjoy hearing from other authors & reading in the comments below about what others invest in the Crypto markets (effectively putting their money where their mouths are); Since I like to lead by example, I starte...

Earn bitcoin daily by refring and visitng the site daily

31 Aug 2020 1 minute read 2 comments NikhilBariki

Hi friends as you know that this blog is for earning purposes and I have came across a new website that pays you for visiting the site daily.  The site gives you a signup bonus of 500 bitcoin satoshis and 2 satoshis for visiting the site daily and al...

31 Aug: Grayscale rising

31 Aug 2020 1 minute read 0 comments TheCryptoCurator

Happy Monday my Crypto Peeps! We are green across the board as Bitcoin held by Grayscale rises by $690M in the last 100 days. DeFi token YFI peaks at $38,682 which is more than 3x the price of Bitcoin and Bitcoin ads start appearing at London's bus s...

Defi or Cefi?

31 Aug 2020 1 minute read 1 comment MikePL

When I look at the situation that is taking place recently on the crypto market, I slowly start to wonder if we are really dealing with Defi or whether it is already a fully regulated and above all controlled Cefi market. Where does this opinion come...

Summary of HIVE Incomes on August: a break on the way up.

31 Aug 2020 1 minute read 2 comments toofasteddie

Summer Holidays have passed, and obviously, my activity on the HIVE blockchain decreased substantially during the past few weeks due to a very intensive rest with the family.However, I did interact on HIVE as much as I could and I also managed t...

Where to get the best crypto rates?

31 Aug 2020 4 minute read 1 comment Swapzone

Where to get the best crypto rates? A crypto exchange can help you transfer one cryptocurrency to another in moments. You can get the specific digital currency you require for anything, from producing decentralized apps to purchasing products from we...