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.

Weiss Ratings sees signs of a repeat rally of 2017

24 May 2020 1 minute read 2 comments World Crypto

Recently, bitcoin is increasingly showing signs resembling a cryptocurrency rally 2017, according to an analytical agency. Bitcoin has recorded the highest level of positive sentiment since 2017, the Weiss Ratings analytical agency reported. Accordin...

Basic Technical Analysis Concepts Explained | Downtrend, Volume, Fakeout, Support/Resistance

21 May 2020 1 minute read 4 comments Hooked2TheChain

I recorded a video analyzing bitcoin's recent drop from 9800 to 9330 by explaining some technical concepts so that beginners in TA can get what I'm talking about. See the video at the end of this post. Below are the technical concepts I covered and e...

One of the Earliest Bitcoin Holders Just Moved 50 BTC

21 May 2020 1 minute read 4 comments Abhi K

On May 20, an amount of 50 BTC was sent from a wallet that mined Bitcoin in February 2009, as seen in the network transaction details. Small amounts from this wallet were also sent to Coinbase and payments platform CoinPayments, according to glassnod...

What if Satoshi actually sent those bitcoins?

22 May 2020 5 minute read 16 comments Dzoelx

If you’ve been alive in the crypto space for the past three days, you could bear witness to the fact that it’s been popping; my bad, it’s always popping in the crypto space. Anyways for some reasons, it has been on some kind of different level from o...

Learning Technical Analysis #5 | Symmetrical Triangles

17 May 2020 1 minute read 14 comments costanza

I continue my journey to properly learn all the basics of Technical Analysis making a summary of what I've learned in bite-sized pieces as a way to do better and possibly help those who are also getting into it more. In the past 2 posts, I covered so...

Loopring (LRC) weekly chart outlook and will it grow a lot in the future ? Plus quick BTC update !

21 May 2020 5 minute read 5 comments Djordi

In this article I want to talk about Loopring and its future price. Loopring is a method of tipping on Publish0x, so I would like to know if its price will grow a lot in the future or not. Loopring wants to create a decentralized exchange (DEX) wher...

Blogging More Profitable Than Mining For Most

18 May 2020 3 minute read 31 comments Thomas Wolf

I've taken notice of how I've written about all the legitimate earners out there and felt the compelling need to discuss a pit-fall in cryptocurrency - mining vs. other forms of earning.Mining doesn't make as much for most people - in fact, it usuall...

Learning Technical Analysis #6 | Volume Indicator

21 May 2020 3 minute read 1 comment costanza

I continue to properly learn Technical Analysis step by step making reports on what I've learned in bite-sized pieces which so far has gotten a very positive response (thanks for that) from many who also want to get into it without being overwhelmed...

A Brief Bitcoin History Lesson - The Genesis Block

24 May 2020 1 minute read 6 comments Bragato18

Lets start with a Satoshi Nakamoto quote from 2008: Its very attractive to a Libertarian point of view if we can explain it properly. I'm better with code than words though. Satoshi Nakamoto Satoshi Nakamoto started coding the first implementation...

How Decentralized Is Bitcoin? It Isn’t.

19 May 2020 1 minute read 10 comments FarewelltoMinds

How Decentralized Is Bitcoin? It Isn’t. One of the primary arguments over Bitcoin having value, aside from its actual value derived from the production process itself, is its characteristic of being decentralized. That is to say, it cannot be control...