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.

Litecoin does not want to launch a long-term bull trend

25 Jun 2020 1 minute read 2 comments World Crypto

Litecoin is trading inside a bullish pattern and is supposed to make its bullish breakout. However, until the price breaks the line of long-term resistance, its dynamics cannot be regarded as bullish. Line of downward resistance Litecoin (LTC) has b...

Grayscale Could Own 3.4% of All Bitcoin by January

26 Jun 2020 3 minute read 5 comments johnwege

If you have been watching crypto market news during the last few months, there is one companies' name that keeps popping up and that is Grayscale.  Over the last few months they have been purchasing bitcoin at an unprecedented pace and if they contin...

Bitcoin Price Models

8 Jun 2020 4 minute read 2 comments cryptoforcanadians

From time to time you'll get people in the crypto space making wild and unfathomable Bitcoin price predictions. Probably the most notable and outrageous price prediction was made by John McAfee who said that Bitcoin's price would be worth $1,000,000/...

How healthy is the proliferation of blockchain and cryptocurrency projects?

24 Jun 2020 4 minute read 0 comments Dzoelx

A little flashback to seven years ago; the crypto space was an over one (1) billion dollars worth market with just fourteen (14) cryptocurrency listed on the earliest cryptocurrency tracking service, coinmarketcap. It been just seven years from...

Paypal, Venmo on Cryptocurrency Involvement — Possible Alternate Ending

29 Jun 2020 3 minute read 3 comments cryptomagis

In a much-expected run of the rumor mill, PayPal looks set to be jumping into cryptocurrency exchange and transactions soon. From what seems evident, PayPal and its other lighter part Venmo would be heading towards the integration of the blockchain t...

The political messages of bitcoin

14 Jun 2020 5 minute read 0 comments Aristos

Bitcoin has even been the subject of controversy in the United States over the assassination of George Floyd. A Dallas protester holding a placard reading "Bitcoin will save us" went viral on the internet. He was not alone. Bitcoin intentionally or...

My Top 3 Goals in Crypto to Complete Before the End of June 2020

22 Jun 2020 3 minute read 8 comments BryRi

Setting up June 2020 How do you organize, document, or chart out what you are doing day to day both short and long term?  Do you use a planner?  How about a journal?  Keep it in your head?  I have a couple different approaches that keep me on track f...

Light-weight blockchain: Why Pascal blockchain is the pace-setter in memory-friendly blockchains.

8 Jun 2020 4 minute read 0 comments Dzoelx

Your normal orientation of a blockchain is probably ‘a complicated, high-end technology with memory-intensive applications’. For low budget cryptocurrency enthusiast, participation in the core technology of blockchains and cryptocurrency have been ha...

5 Investments Ranked From Low-risk to High-Risk and How They Work

24 Jun 2020 2 minute read 8 comments jedryccc

A great way to earn more money is by investing. It's basically using your money to get more money. Things like stocks and mutual funds are some examples that people usually think of in investment. I'll be telling you about five types of investments....

Bitcoin sentiment and price analysis

8 Jun 2020 3 minute read 0 comments zulonga

Hello everyone, today i intend to share my study where i do a technical and sentiment analysis of the market and the position of institutional traders who negotiate bitcoin futures contracts on the Chicago Mercantile Exchange, finally showing the pos...