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.

Investing in Crypto for Canadians

1 minute ago 4 minute read 0 comments torontomark

If you're interested in cryptocurrencies and think you might be a bit late in the game, I can assure you that you are certainly not. An old Chinese proverb states, "The best time to plant a tree was 20 years ago. The second best time is now." Like pl...

Ethereum market cap is already half of Bitcoin... Get ready for the big flippening

54 minutes ago 1 minute read 2 comments Cryptofab

I know the maximalists will hate me. Come on guys... ETH will continue to pump until the EIP 1559 and afterwards... Whereas BTC sucks currently since Elon dropped it. Ok, ETH is not eco-friendly either, but it will be better once ETH 2.0 is fully lau...

Dumb Money Bought The Dip

1 hour ago 3 minute read 1 comment acesontop

Bitcoin is back above $50K, the total market capitalization is currently sitting comfortably on $2.4 trillion and the Elon Musk FUD will probably be forgotten in less than a week, once we get back to the levels from where everything fell from. Elon M...

The Hunt for the Golden Rabbit and 1 BTC Reward: Stage 3...........1 BTC won!

1 hour ago 8 minute read 4 comments Mynima

Introduction So this is the third and final stage of the 'Chapter 1: The Uprising' puzzle. For those who have followed these articles for the last few weeks, I thank you very much for the continued support. In case you are interested in going back an...

How Bitcoin got real - My first purchase of a product from the fiat realm

2 hours ago 1 minute read 0 comments Tencent Investor

I bought a Steam key for a videogame made by a company that currently operates in the fiat realm. Its profits and expenses are in fiat currency only but on Indiagala, I was able to buy this company's product with Bitcoin. I chose to do this transacti...

Knight to F4: Musk forks China+BTC

2 hours ago 5 minute read 3 comments The Archivist

What has been the energy cost of Musk's recent tweet which led to quadrillions of bytes having to be compressed, routed, copied, pasted, read and written everywhere on planet Earth and yet here again, as a resized image? I think he was told to tweet...

Lightning Network will always be expensive

2 hours ago 3 minute read 1 comment francis105d2

Because the way Lightning Network works you will discover that cheap lighting network transaction is a total lie, but you must do your research to discover that and to also think critically in other to find out the short comings of such vaporware. Li...

Blockchain is the future of media

2 hours ago 1 minute read 3 comments Tencent Investor

Public opinion in the USA is still largely controlled by corporate media empires that serve the agenda of the handful of Billionaires that own them. If you saw recent campaigns against crypto, trying to smear it, you should also think about all the o...

Perfect time to burn money for digital asset

3 hours ago 1 minute read 2 comments SleepingReaders

Is it a best timing to buy our own digital asset? According to LUNO, just in this week we can see the unstabilized value in cryto market. It keep going down for few hours and increased again a little then going down again. I already keep my eyes to t...

Why is India planning to Ban Crypto Currencies? Impact of Ban on Crypto Market? Market Crash?

4 hours ago 2 minute read 5 comments Ishan shukla

The uncertainty around Bitcoin, Dogecoin and other major cryptocurrencies in India are still active. The Government of India is planning to impose a law that will penalise Crypto Traders. This will impact the whole Crypto market as more than 8 millio...