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.


BitcoinBlack

20 May 2020 1 minute read 8 comments Djexen

BitcoinBlack What is BitcoinBlack? A cryptocurrency with a fair distribution Airdropped to 1 Million wallets prior to IEO which all funds will go to community groups voted by the community to move the project forward.Focusing on fair distribution, ma...

Massive 800% Increase in Bitcoin Transaction Fees - But Why?

18 May 2020 2 minute read 10 comments Hooked2TheChain

Average Bitcoin Transaction Fees Reach 11-Month High of $5.16 As revolutionary as the idea and technology behind Bitcoin is, there is still room for improvement. While scalability and the user-friendliness of UI's are often mentioned as sticking poin...

Some of Pizza Bitcoins are Now in the 12th Richest Wallet

12 hours ago 1 minute read 2 comments Abhi K

The first commercial transaction for Bitcoin (BTC) - two orders of Pizza worth 10,000 BTC by Laszlo Hanyecz - has resulted in an associated wallet being the 12th most valuable Bitcoin wallet in the world.  Coinfirm, the blockchain analytics firm, tr...

Where Will Bitcoin Find Its Support? (TA)

11 hours ago 1 minute read 0 comments pheonixdown-dee

During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has...

Brand Tokens Giveaway

21 May 2020 1 minute read 15 comments Freecoins24

Brand Tokens Giveaway About: Brand Tokens Giveaway is live! Brand Tokens is an all in one platform to manage all your brand token needs. Issue your own blockchain-based loyalty ERC20 token. List it on our exchange. Easily integrate tokens into...

FED Chairman Admits the Institution Prints Money Digitally

18 May 2020 1 minute read 2 comments Jeremy Wall

Sunday, May 17, 2020: Federal Reserve Chairman, Jerome Powell, said in an interview with 60 Minutes (the oldest and most-watched newsmagazine on television), that the Federal Reserve simply prints money digitally and will continue to do so as long as...

Two altcoins that are preparing for take-off

21 May 2020 1 minute read 2 comments World Crypto

Theta Token (THETA) broke through an important resistance level, turning it into support, while the RVN is just getting ready for a breakthrough and is giving strong reversal signals. Ravencoin (RVN) Cryptocurrency trader @IncomeSharks o tweeted the...

Trump hack update

20 May 2020 1 minute read 0 comments Thingsyousee

The hackers who claimed to have found a ton of dirty laundry on Trump has made a post on there darknet site.   FBI has stated that this hack is considered an act of international terrorism and that negotiating with or paying ransom to terrorists is...

Safehaven Showdown - Why BTC is Outperforming Gold During COVID-19

3 hours ago 5 minute read 1 comment The Part Time Economist

Most of us crypto enthusiasts are well aware of the fact that the government's favorite prescription for any kind of economic downturn is to fire up the printing presses. This rapid inflation of the money supply causes investors to seek out safe have...

AELF - Blockchain's True Self

16 May 2020 9 minute read 11 comments CED

Introduction Blockchain technology will not make it mainstream. With it's slow transactions processing, smart but rigid contracts, through-the-roof maintenance costs and running costs, Several Protocol updates disagreements leading to more harmful an...