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.


DeFi Balancer Was Hacked Twice Within 24 Hours

2 Jul 2020 2 minute read 2 comments Dapp.com

It seems that every time when DeFi is booming, the hackers will come. The last time is Lendf.Me which lost $24.95 million Lendf.Me Hacked & Refunded, this time is Balancer which was hacked twice within 24 hours and lost around $502,300. We always sa...

The easiest way to get free cryptocurrencies X2

5 Jul 2020 1 minute read 1 comment Roberto D.

I have already talked about Rollercoin (link HERE), in short it is a sort of "mining simulator" that allows you to earn Bitcoin, Ethereum, or Dogecoin every time a blockchain block is mined in real life, I will explain myself better: Mining is based...

The easiest explanation about Token and Tokenization

1 Jul 2020 4 minute read 0 comments Roberto D.

We hear more and more often about token and tokenization, but what does it really mean? Before talking about tokenization, it is good to explain and understand well what a token is. A token is "the digital representation of a token on a blockchain"....

European cryptocurrency, is it a good idea?

4 Jul 2020 2 minute read 1 comment Roberto D.

The idea is to create a European currency (based on the euro) in order to speed up transactions. According to many, the digital euro "represents an innovation in the financial field capable of profoundly revolutionizing money and exchange" and the ad...

5 things to know before investing in cryptocurrencies

1 Jul 2020 4 minute read 9 comments Roberto D.

Before investing in crypto, there are 5 things you need to know (and do) to not lose your funds. Unlike Fiat currencies (read: euros, dollars, pounds, etc.) if your cryptocurrencies are stolen there is no one to ask for help, but let's go in order. T...

Are cryptocurrencies the future of finance?

6 Jul 2020 3 minute read 0 comments Roberto D.

Cryptocurrencies are a thriving ecosystem, which has successfully invaded the territory of conventional finance. Over the past five years, Bitcoin users and transactions have experienced an average growth rate of nearly 60% per annum.Likewise, privat...

Grayscale Continues Buying More Bitcoin Than What’s Being Mined

26 Jun 2020 1 minute read 12 comments Abhi K

Asset management firm Grayscale Investments purchased 19,879 Bitcoin (BTC) this week, according to analyst Kevin Rooke. Worth roughly $184 million, the firm now has a total of 400,000 BTC in its coffers. Rooke also added that the rate at which Graysc...

Bitcoin | a vulnerability to double spending discovered in several wallets

5 Jul 2020 1 minute read 1 comment NassiroV

Image Source ZenGo, the company behind the eponymous wallet, discovered a flaw in several Bitcoin wallets. This allows a malicious user to pretend that a transaction has been received, when this is not the case. BigSpender: the double spending flaw...

My Crypto Earnings This Month (June Passive Income)

2 Jul 2020 3 minute read 1 comment johnwege

My goal since I have began investing is to eventually make enough passive income to be able to retire early and live the life I've always dreamt of.  I have been keeping track of my monthly earnings for quite awhile, because if you don't it is harder...

Cardano cryptocurrency completes spectacular growth phase

2 Jul 2020 1 minute read 1 comment World Crypto

Cardano (ADA) has been growing since the beginning of April, but the uptrend has begun to show signs of weakening. The couple is probably already approaching its ceiling. Long term chart From August 2019 to April 2020, the ADA rate consolidated arou...