Bitcoin (BTC)

48,855 Articles 82,516 Followers

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.

Litecoin announces the release of a debit card - Blockcard Supports LTC, BTC, ETH and More

21 Jun 2019 1 minute read 1 comment Mamaecrypto

The Litecoin Foundation announced recently the release of its much anticipated project, the Blockcard debit card.  The debit card will enable Litecoin holders to load their Visa Blockcard with Litecoin and spend their Litecoin assets as cash anywhere...

How to save a Bitcoin purse from hackers? Hacking techniques and technologies and protection against them

21 Jun 2019 9 minute read 0 comments roland4

Bitcoin and other cryptocurrencies have traditionally attracted the attention of fraudsters of various calibres, who not only use them in their illegal activities, but also actively steal them not only from stock exchanges, but also from ordinary use...

Bitcoin and also Libra

21 Jun 2019 1 minute read 0 comments gduran

I think there were two major news items in the crypto world this week the first one was the Facebook Libra coin white paper. I have read a lot of speculative articles about this, most of them negative as can be expected as there is a tendency among c...

Brief thoughts about blockchain technology and Bitcoin

20 Jun 2019 1 minute read 0 comments mundobitcoin

One of the qualities of the blockchain technology is that it allows the creation of digital tokens that can be easily monitored with the block scanner of the respective blockchain. This means that the movement of said tokens or cryptocurrencies can b...

Binance No Longer Allowing US Customers- The Implications

20 Jun 2019 1 minute read 0 comments BitcoinCrazy

Binance No Longer Allowing US Customers- The Implications As the cryptocurrency market recovers, Binance, the largest online cryptocurrency exchange will close it's doors to American customers.  Americans make up only 15% of the volume on Binance dai...

The Trader’s guide to Cryptocurrency Taxes

20 Jun 2019 8 minute read 1 comment CryptoTrader.Tax

Cryptocurrency has come a long way since the birth of Bitcoin in 2009.   In 2017, the value of cryptocurrencies increased by an average of 900% and outperformed nearly every other traditional asset class.  Your friends, coworkers, television anchors,...

Bitcoin Bull count

20 Jun 2019 1 minute read 0 comments Danbo

This is my secondary count. Not the one I am favoring at the moment because of the divergences we can see on HTF.  As you can see from the chart, if we haven't completed our 5 waves early June, we might be completing it now. The highest I can see is...

Is Bitcoin Preparing for a Breakout?

20 Jun 2019 1 minute read 2 comments Workin

Bitcoin seems to have confirmed a bullish ascending triangle pattern. That does suggest a break up, targeting approximately $9,750. This doesn’t mean it’s definitely going to break up. We know bitcoin has a history of painting bullish or bearish patt...

8th Largest

20 Jun 2019 1 minute read 0 comments TheCryptoCurator

Crypto Watch TOP News (Sponsor Blockstack PBC) * Bigger than Russia – Bitcoin is now the 8th largest​ world currency. * ‘Hard Core Fund’ collects 50 BTC to support Bitcoin developers. * MetLife, the world’s sixth-largest insurance company, using Ethe...

Who is Satoshi Nakamoto, the mysterious inventor of Bitcoin

20 Jun 2019 6 minute read 0 comments Roberto D.

Bitcoin is certainly the most famous cryptocurrency in the world, and currently represents more than 50% of the market. Despite the strong position, little is known of its creator, a mysterious programmer identified as Satoshi Nakamoto. In the course...