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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.


WEEKEND PRICE ANALYSIS: BTC, MKR, UNI & EGLD

3 Oct 2022 1 minute read 0 comments SimpleLearn

BTC Over the past weekend, we have seen two relatively strong movements: an upward one from the price mark of $19,171 to $20,178, which amounted to more than 5% and a downward one from $19,871 to $19,478, which amounted to more than 2%. Both movemen...

BTC Daily Technical Analysis: Undecided Market, to see the Possibilities for an Upward recovery or Continuation of the downward trend! / My New Hedging position to Hedge the old one.

3 Oct 2022 2 minute read 5 comments FreedomBuilder

Bullish signals on the S&P 500 to be confirmed!!!- Bullish divergence on the RSI and the MACD.- The rebound on the 200 Weekly moving average at 3585. Despite the close lower of the last June low at 3640, there is a chance to bounce off the 200 MA at...

Wow! Coinbase Lost ACH Bank Transfer Ability for 6 Hours

3 Oct 2022 4 minute read 12 comments Allen Taylor

Good morning! I’m pleased to announce that my book Cryptosocial: How Cryptocurrencies Are Changing Social Media has won an award: First Place in the Technology category in the NYC Big Book Awards. Please, no autographs. :-) Enter the No Shill Zone...

How to Avoid Cryptocurrency Scams - Protect Yourself from the Bad Actors

3 Oct 2022 4 minute read 0 comments Blockchain Dude

Cryptocurrency is getting more and more popular, but it also brings its fair share of scammers. Both newcomers and experienced traders can be targeted by these scammers. They are generally known as crypto scams or cryptocurrency frauds. Here’s how yo...

03 Oct: Buying Opportunity

3 Oct 2022 4 minute read 4 comments TheCryptoCurator

"Happiness is not something ready made. It comes from your own actions."- Dalai Lama Powered by Kyte - Rental cars delivered to your doorClaim $50 off your first booking Happy Monday Folks! According to Robert Kiyosaki, famously known as the "Rich Da...

100$ Split Into Top 10 Cryptocurrencies Every Week. Week #40 - $4000 In

3 Oct 2022 1 minute read 0 comments MoneyCanWorkForYou

Intro It's week 40. This means we are $4000 deep into the crypto market. And this experiment has been running for the better part of the year. There are only 12 weeks left until 2023. We have seen ups and downs. But sadly mostly downs. And we are sti...

How Would a Bitcoin and Monero Merge Affect the Cryptocurrency Market?

3 Oct 2022 1 minute read 0 comments Queenofdarkness

If you're a fan of cryptocurrency, then you've probably heard of Bitcoin and Monero. These two digital currencies are two of the most popular in the world, and they both have their own unique advantages and disadvantages. So, what would happen if the...

Market Minute: Money pours in record numbers from Euro & Pound into Bitcoin

3 Oct 2022 1 minute read 1 comment fklivestolearn

The recent devaluation of the two major European fiat currencies triggered a demand for Bitcoin in the corresponding pairs   It won't be inaccurate to say that might dollar has steamrolled everything in its path this year. And this tremendous streng...

A Debt-backed Economy Is Not Sustainable With High Interest Rates!

3 Oct 2022 3 minute read 1 comment MakeItReal

Hello HODLers, Today I would like to share with some thoughts on the evolution of the trend of average incomes, of purchasing power and of how all this will have an impact on monetary policy choices in the coming months. Let's take the American data...

HODLing or Stacking? What’s your hack?

3 Oct 2022 3 minute read 3 comments Dzoelx

Occupying the crypto space are thousands of ‘promising’ projects. With a very little attempt you’d get a handful of recommendations, the XRP army will always be there to push their ‘trillion dollar’ claim. Well, with a billionaire CEO, you’d expect...