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.


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3 May 2020 8 minute read 1 comment zulonga

For you, regardless of trader or holder, portfolio management is essential to know how and where to allocate your resources and where to pay attention. From what I've been researching, few professionals know what the term "portfolio management" means...

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3 May 2020 3 minute read 0 comments RAY shinata

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4 News From This Week You Should Know (April 27th to May 3rd)

3 May 2020 2 minute read 2 comments McAlex7

It has been quite a week in the cryptocurrency world, especially as we approach Bitcoin's third halving (on May 12). The world is still unstable due to the current crisis because of the virus, as a result people tend to trust more and more cryptocurr...

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3 May 2020 1 minute read 2 comments Digital Asset Culture - YouTube Channel - France

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Bitcoin heading for a major breakout soon according to CNBC

3 May 2020 1 minute read 1 comment Ephesians

A huge Bitcoin price breakout should be coming soon taking into consideration the halving event of May 11 according to Brian Kelly of the CNBC. He told to expect quantitative hardening by BTC while we are in a situation of quantitative easing. He men...

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3 May 2020 3 minute read 1 comment neeldoshi

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Bitmain Recovers -struggle

3 May 2020 15 minute read 0 comments neeldoshi

  Chinese cryptocurrency mining hardware producer Bitmain is now poised for a rebound after hitting a rough patch. 327 26 9:09 ANALYSIS Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports....

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3 May 2020 1 minute read 5 comments JamesBond007

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3 May 2020 1 minute read 5 comments neeldoshi

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