Bolide Banner

Bitcoin (BTC)

51,296 Articles 82,495 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.

Crypto, Business & The Truth of Lies

3 Oct 2022 5 minute read 20 comments Thomas Wolf

I am not in the business of doom & gloom, I save that for others, however, I do wish for my readers to be awake; not standing in line blindly hopeful like hungry sheep headed for slaughter. “Man is least himself when he talks in his own person. Give...

The End of Bitcoin Passive Income?

2 Oct 2022 5 minute read 9 comments johnwege

Throughout the last few years, many of us in the Bitcoin market began lending our coins to earn a passive income.  After all, why shouldn't we?  There were two options we had.  Either have your BTC in cold storage or sitting on an exchange doing noth...

My Crypto Earnings (September)

30 Sep 2022 7 minute read 22 comments johnwege

September is officially coming to an end and that means that it is once again my favorite time of the month.  It's when I calculate all of my crypto-related earnings for the month.  If you are new, this is a part of an ongoing monthly series that tra...

Do Kwon Says "He Is Not on the Run", but He Still Tried to Leave With 3,000 BTC.

1 Oct 2022 2 minute read 9 comments ssaurel

Do Kwon, do you know him? Well, yes, he is the founder of the Terra ecosystem, whose two iconic tokens, the UST and LUNA, collapsed in May 2022, and which accentuated the Bear Market of Bitcoin and cryptocurrencies. Well, today, Do Kwon is wanted by...

These 5 Words Will Ruin Your Bitcoin Journey. It’s Up to You To Avoid These Pitfalls.

2 Oct 2022 4 minute read 7 comments ssaurel

Bitcoin is an incredible monetary revolution that will change the world of the future for the better. Bitcoin is already changing lives daily around the world, and it will change more and more lives in the future. Time is on Bitcoin's side, as the fl...

The Real Reason Why Governments, the World Bank, the IMF, the Fed, or the ECB Falsely Denigrate Bitcoin.

30 Sep 2022 3 minute read 1 comment ssaurel

Have you ever wondered why the World Bank, the IMF, or any other major institution keeps falsely denigrating Bitcoin? When governments or central bankers denigrate Bitcoin, you hear the same old story over and over again. These powerful people in the...

Crypto Tax Havens and some Not-So-Crypto Friendly Countries

28 Sep 2022 3 minute read 7 comments CryptoMasterMiner

Are you dreaming of striking it rich in crypto? If you are planning on building up a huge bag that you might want to keep away from the tax man, it is never too early to start thinking about moving to a crypto tax haven. But which one is right for yo...

The Next Big Thing in Crypto?

5 Oct 2022 7 minute read 0 comments johnwege

There are said to be two certainties in life that you can always count on. They are taxes and death.  No matter how hard you try, they are inevitable and will eventually catch up with you.  The cryptocurrency market is just over 10 years old, but it...

Crypto in Turkey: Is Cryptocurrency Legal in Turkey?

30 Sep 2022 6 minute read 6 comments StealthEX

In the wake of the coming economic crisis, digital assets keep spreading throughout the world. One of the countries where crypto has become a big trading and investment opportunity is Turkey. Interest in crypto among Turks, like the rest of the world...

Trying to explain the cryptosphere with the tools of traditional economics is like trying to explain the Higgs boson with Newton's laws

4 Oct 2022 10 minute read 11 comments SirGerardThe1st

Image by chantal MURE from Pixabay  Everything we know, including me and you who are reading, are made of particles. But when the universe was born, the particles had no mass and were wandering aimlessly at the speed of light. Stars, planets, and wha...