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.


Crypto Passive Income Report - November 2020

1 Dec 2020 4 minute read 5 comments ExponentialOne

My dream of financial independence centers on passive income, with money coming in day and night. Crypto plays an important role in my strategy to someday replace my work-based income with crypto dividends. This month's passive income and crypto divi...

Paypal suspends user for crypto trading on the platform

1 Dec 2020 3 minute read 0 comments alberdioni8406

Article also published on my read.cash blog from my authorship. Update: what a month! November was the best period to the main asset of the crypto space Bitcoin, which reached the all time high price in many exchanges beating the last $19,666 from 2...

Bitcoin Price monthly report (December)

1 Dec 2020 1 minute read 0 comments Simplify Crypto

This is the bitcoin price monthly report of November for 44 countries. Current price -> $19494.08 Nigeria remains the country with the highest spread (26.67%).On the other hand, Argentina is the country with the lowest spread (-25.11%). This leads u...

Anyone Can Participate in Proof of Work

1 Dec 2020 2 minute read 0 comments CPix

Thought Of The Week Bitcoin continues to be the most secure and decentralized computing network in the world mainly because it uses a Proof of Work consensus mechanism. All miners exhaust great deals of energy in the form of electricity, both renewab...

What Happens When Bitcoin Breaks $20k USD?

1 Dec 2020 3 minute read 1 comment bitcoin2009

Bitcoin surges to record above $19,800, topping 2017 high - $20k USD: Bitcoin's previous All Time High. This is the true psychological barrier; once broken, will attract a new wave of buyers. An upwards break of 20k USD signals to world that Bitcoin...

Governments and Banks Don’t Get Bitcoin

1 Dec 2020 1 minute read 3 comments Bit Dawg

Although governments and banks are about to launch their own versions of Bitcoin, they simply don’t get it.  Bitcoin was created to avoid the governments and banks.  Banks take your money, charge you fees to take your money, profit off your money, or...

Institutional investment: Grayscale dominating the market

1 Dec 2020 1 minute read 0 comments Preacherman

  You can’t discuss about institutional funding besides bringing up the biggest bull of them all – asset administration giant, Grayscale. The Grayscale Bitcoin Trust is well-known for being the first team to put Bitcoin adverts on TV. Its familiar Dr...

Bitcoin Daily Price Forecast (12/1/20) - New All-Time High! Will BTC Topple $20K This Week?

1 Dec 2020 2 minute read 0 comments Crypto Daily FX

Bitcoin erupted higher on Monday, rallying vociferously to erase last week's losses and reaching up to the ATH around $20,000, reaching a new ATH and grazing about $19,900 before pulling back a bit into the close. This is extremely bullish and a bull...

Bitcoin, Ethereum and Ripple towards new highs!

1 Dec 2020 2 minute read 2 comments Roberto D.

Behind the Bitcoin boom, which has pushed within a whisker of all-time highs, there are multiple factors. Among the most significant ones at this end of 2020 there is certainly the expansion of the audience of potential buyers of cryptocurrencies wit...

Bitcoin All Time High

1 Dec 2020 1 minute read 0 comments Goodsoul

Cryptonews as they happen, Just a quick post on Bitcoin because it has finally happened; Congratulations to the Bitcoin Bulls, an All Time High is in.  Bitcoin is trading at 19555$ after hitting an all time high of 19852$.     Please checkout my Cry...