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.

Bank Employee Incarcerates Up To 12 Years In Prison For Bitcoin Misappropriation

15 Jun 2020 1 minute read 0 comments PassionCryptodotcom

A former bank employee was convicted by a Chinese court of the diversion of bitcoin . Liu Lihua, 33, was sentenced for stealing 1.85 million yuan ($ 261,000) and loaning customers up to 770,000 yuan ($ 108,704) to buy bitcoin , according to court rul...

Bitcoin Price Analysis: BTC/USD Tumbles Towards $9,000 After A Stable Weekend Session

15 Jun 2020 1 minute read 0 comments CoinGape

Bitcoin price struggles to contain losses above $9,200 after another weekend rejection at $9,400. BTC/USD is likely to embrace consolidation above $9,200 before a breakout above the trendline resistance comes into the picture. The granddaddy of cry...

Bitcoin Price Prediction Game - Free SwissBorg-Token and Ranking Competition to win Bitcoin

15 Jun 2020 3 minute read 0 comments DostD

  Learn and Earn Bitcoin for Free If you have always been curious to know more about Bitcoin, then the SwissBorg Community app is built for you! It’s a fun, easy to use and free game that lets you predict the price of Bitcoin - and earn it, without...

Enjoying my Atomic Wallet Coins Investment +75% ! Why don't you join?

15 Jun 2020 1 minute read 3 comments Crypto_Lemon

A few days ago (5 to be precise), I was chatting with some crypto aficionados and we talked about current crypto investments. Beside my BTC, ETH and HIVE holdings, I shared my view on 2 other cryptocurrencies I believed had a great future BAT and AW...

Price analysis 15, June Bitcoin, ethereum, litecoin, XRP and BCH.

15 Jun 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,081.34 at 12:45 PM GMT, with a loss of -3.48% in its price in the previous 24 hours. Bitcoin with its 24 hours hi...

never trade a resistance/support level multiple times

15 Jun 2020 1 minute read 0 comments Emad

The concept of resistance and support levels have a misconception in themselves, which I have seen a lot of confusions in traders. the most common mistaken belief is: more a res/sup level gets touched by price, it will get stronger. this is absolutel...

One of the biggest Bitcoin critics changing its approach.

15 Jun 2020 1 minute read 2 comments Panzer

JP Morgan, one of the largest banks in the United States has changed its view on Bitcoin.  Last month they opened up accounts for Bitcoin traders and in a new report titled “Cryptocurrency takes its first stress: Digital gold, pyrite, or something in...

Big brother is watching you, bitcoin holder

15 Jun 2020 1 minute read 3 comments Cryptomind

  The bitcoin holders have been wachted by governments... the IRS, financial institutions and government employees who want to use your accounts to put you in jail. And since we've seen a massive avalanche of US government officers' interest in bitc...

The Pi Network and Mining Pi Coin With Your Smartphone

15 Jun 2020 1 minute read 0 comments WhaleTailMining

If you'd like to earn some cryptocurrency using your Smartphone, I recommend checking out the free app called Pi Network. Pi is a digital asset that may be earned by running a light weight application on your smartphone that will not compromise the p...

JPMorgan: Bitcoin will survive only as a speculative asset

15 Jun 2020 1 minute read 0 comments Kluma

The bank, in an appeal to its customers, said what would never happen to cryptocurrency, and what during the crisis it proved to be better than stocksBitcoin will gain a foothold in the status of a new class of assets, analysts at investment bank JPM...