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.

The start of the rise of Bitcoin again

26 Feb 2021 1 minute read 1 comment algeriou

  And finally, the beginning of the rise in Bitcoin prices to return and surpassed the numbers previously recorded and now and now all cryptocurrency locals expect values of more than 60,000 dollars per bitcoin. We have waited for this moment a long...

Further corrections on Bitcoin

26 Feb 2021 1 minute read 0 comments nervi

Today's falls have definitely been felt. Capitalisation has declined by almost 10 per cent and now stands at $1.4 trillion. Most likely, some cryptocurrencies have risen strongly or have been played big on leverage, as today's volume increased by mor...

Dollar cost averaging BTC - Daily or Weekly #1

26 Feb 2021 1 minute read 2 comments skylinebuds

  Source When it comes to buying crypto we all know that we should be "buying the dips" but really does this always work out or even happen in a timely manner for it to pay off even more so during a bull run. So this has had me thinking as I buy int...

Will Bitcoin crash again?

26 Feb 2021 1 minute read 0 comments Cryptofab

Bitcoin has again decreased in the last 24 hours and might slightly rebound this weekend since cryptos tend to increase on Saturday and Sunday. What can we expect next week? As usual, the 4 hour chart (below) provides a good insight: 1) A few correct...

Ushering in a New Era of Bitcoin: The Institutional Investors

26 Feb 2021 2 minute read 0 comments jbrendon21

This is an article that I published on yesterday. Please feel free to view it here: (Medium Article). If you could leave a comment and a like over there, it would be greatly appreciated! Thank you. Cryptocurrency has seen mainstream media...

How to Invest in Cryptocurrency 2021 | 6 Important Steps you Need to Know

26 Feb 2021 3 minute read 2 comments Crypto Seed

Making a smart investment is something that future you would thank you for. However, before starting to visualize yourself on the pile of cash let’s simply break down how to invest in cryptocurrency. There are certain ways and rules you should obey b...

Just How Early Are We To The Revolution?

26 Feb 2021 3 minute read 3 comments R23

One of my best friends from high school sent me a text asking me to give him some picks for cryptocurrencies to buy. This in itself is nothing out of the ordinary, most of my friends don’t yet know about much other than what pops up on their Twitter...

TA: Bitcoin price momentum shows sign of another correction

26 Feb 2021 1 minute read 0 comments AshkyKharoo

Bitcoin price technical analysis:   Yesterday, after clearing the key resistance level at $51,650, Bitcoin price recovered further to $52,000, however it failed to maintain the momentum above the hourly 100 Simple moving average. In the following s...

Regulatory concerns in Bitcoin adoption

26 Feb 2021 2 minute read 0 comments Bala

Crypto regulations are one of the biggest concerns in many countries. Even though many countries permit trading cryptocurrencies, there is no big clarity on the regulatory aspects. Some of the top countries are okay with trading bitcoins but they sti...

Stop Letting The Media Guide Your Mind

26 Feb 2021 3 minute read 9 comments acesontop

We live in an era of information, most of it being transacted back and forth and digested through online outlets and social medias. These days such entities have often times more power than some head states do. Look at the case of Donald Trump and te...