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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.
12 Jun 2021 2 minute read 32 comments MarkHelfman
Death cross. Sounds pretty bad, doesn’t it? Bitcoin’s about to do it — within the next week or so. Death and bitcoin What’s a death cross? It’s a trading signal that appears when the 50 daily moving average drops below the 200 daily moving average on...
10 Jun 2021 3 minute read 45 comments Sapphire
Passive Is BestWhen prices drop, the best thing to do is to have passive mechanisms earning you BTC. There is something that many people seem to overlook when it comes to earning additional BTC and that is that this is not liveable or instantly meani...
9 Jun 2021 4 minute read 16 comments johnwege
The bitcoin market is in a collective mood of panic. A lot of the newer people to the market have called it a day, and come to the conclusion that the bull market has run its course and come to an end. For a lot people of people, this is their firs...
9 Jun 2021 2 minute read 9 comments AlucardLife
We recently endured another slight sell off in bitcoin. Instead of trading in the $36ks, we're now around the $31k range. But what we didn't see is the huge stupid money dumpage that usually accompanies these things. And I'm in some alts that have ac...
10 Jun 2021 3 minute read 15 comments REKTimes
In recent statements made by United States-based politicians, it is apparent that the country is leaning towards a negative view of Bitcoin and cryptocurrencies - but this move is not in the least surprising. Both former President and Republican Don...
14 Jun 2021 3 minute read 8 comments acesontop
"Get rich or die trying" is one of the famous quotes of 50 CENT, namely the title of one of his all time hits and albums and although the rapper is probably not the most profound or wise person in the world, there's a grain of truth in his saying. I...
13 Jun 2021 8 minute read 37 comments Mynima
Introduction Bull Market or Bear Market, the goal is the same. Invest, earn, increase our position and possibly have a shot at an earlier retirement. Traditional financial services (TradFi), can get us there but they are slow and fixed into monetary...
7 Jun 2021 6 minute read 27 comments johnwege
There has been a lot of discussion throughout the years about how much bitcoin is actually enough; or how much do you actually need to have. This is where the debate comes in. Naturally when the price of bitcoin was cheaper; the accumulation goal o...
10 Jun 2021 2 minute read 24 comments Absolute Unit
Does the prospect of a Crypto Winter change your level of involvement in Crypto? It's easy to be in during a Bull Run, the euphoria is strong and wrong decisions seemingly can't be made. It's easy to have a positive attitude and continue to learn whe...
13 Jun 2021 7 minute read 6 comments RelyOnCrypto
What Are Altcoins? Altcoins, called Alts for short, are non-Bitcoin cryptocurrencies. Alternative Coins is an abbreviation for the term Altcoin. As a result, LiteCoin, Ripple, Dash, and every other non-Bitcoin cryptocurrency are all classified as Alt...
