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.

Why are we chasing the crypto gold rush?

30 Jul 2021 1 minute read 4 comments NZFX

This will be a short, reflective post.  Anyone else need a break from the  highly technical mental gymnastics that comes with being a crypto investor?  I've been thinking a bit today about the similarities we are seeing between this modern 'crypto-go...

Bitcoin is trying to come out of the recent decline

30 Jul 2021 3 minute read 2 comments fklivestolearn

Recent data suggests that 75% of the absolute price gains & losses in Bitcoin since 2020 occurred in just 25% of the days Ever wondered why there is so much talk around Bitcoin & crypto prices going up or down? That’s because most of the time, these...

Stop Being a Mere Passenger in a Collapsing System, Become the Driver of Your Own Life With Bitcoin

28 Jul 2021 4 minute read 0 comments ssaurel

The current monetary and financial system was established de facto by Richard Nixon in August 1971 when he ended the convertibility of the US dollar into gold. This unilateral decision, which was supposed to be temporary, eventually became permanent....

De-dollarization seems to be accelerating: A long term case for Bitcoin?

4 Aug 2021 1 minute read 2 comments NZFX

The last few weeks have seen a couple of interesting developments on the USD front. 1.  Japan's Government Public Investment Fund (GPIF), one of the largest pension funds in the world with with over $1.6 trillion in assets, announced  it had cut its...

Worth The Time Or Not - Effortless Accumulation

28 Jul 2021 2 minute read 12 comments Sapphire

A Small Reward For Little EffortLet's just be clear, you won't make meaningful amounts of Crypto with faucets. You will however be able to freely stack up some extra sats, that may become rather meaningful in time to come. In the short-term, I would...

A World Within This World

2 Aug 2021 3 minute read 2 comments acesontop

Carlos Matos was right... "The world is no longer as it used to be, the world has changed". Now, I don't know how much the world has changed or how much my perspective over the world is reshaped constantly over the past four years or so though. Befor...

The Mecca of Crypto in The US Has Its Own Cryptocurrency Now

4 Aug 2021 2 minute read 1 comment acesontop

The future will be tokenized and the future is Bitcoin. How much of a sense does that statement have? Well, quite a lot, as I see all sort of institutions/companies, or online businesses that are tokenized and I see Bitcoin becoming a store of value....

Axie Infinity: Gotta Tokenize Them All

28 Jul 2021 6 minute read 1 comment hifi.crypto

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency and intro to blockchain posts or my cryptocurrency archives to learn more about this fascinating new technology! Humanity’s intense desire...

Lesson Learn from Robinhood IPO: Era of Crypto Exchange Comes to an End or a New Beginning?

30 Jul 2021 3 minute read 0 comments xuanling11

Robinhood's IPO journey is relatively a long and difficult process. Its reputation from the most popular trading app among young investors to a notoriously infamous reputation. Not long ago, with $70 million fines from Financial INdustry Regulatory A...

China FUD: Are We Done Yet?

2 Aug 2021 4 minute read 8 comments xuanling11

FUD is short for Fear, Uncertainty and Doubt. China was very influential in Bitcoin. How did China get Bitcoin business in the first place?  Let’s explore a bit of Bitcoin history. It all started with its founder Satoshi Nakamoto. It is a pseudo name...