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 Justice Warriors Warn: Halving Event Will Further Divide Wealthy and Poor - SATIRE

11 May 2020 1 minute read 5 comments BitcoinGordon

The Verdict Is In: SJW, The Social Justice Warriors have now launched their way into the inner sanctum of the cryptocurrency space, and it gets real, yo. If it weren't for satire, this would be entirely true. Despite satire, it sorta kinda already is...

Learning Technical Analysis #6 | Volume Indicator

21 May 2020 3 minute read 1 comment costanza

I continue to properly learn Technical Analysis step by step making reports on what I've learned in bite-sized pieces which so far has gotten a very positive response (thanks for that) from many who also want to get into it without being overwhelmed...

My thoughts on the Gold Standard & Bitcoin’s Store of Value

8 May 2020 4 minute read 5 comments paragism

Cover Image Source Bitcoin crashed during market carnage of March, 2020 and fell below 5000$. Price recovered after that steadily. Global equities performed really poor in Q1. Actually Bitcoin outperformed Dow & S&P500 in the first quarter of 2020. N...

Staked Wallet: A Very well planned Ponzi Scheme?

30 Apr 2020 1 minute read 4 comments LiteLiger

Since inception of altcoins there has been lot of Ponzi schemes and new websites offering 1-2% daily interest on the most popular top crypto coins and really nothing has changed in last few years. Due to nature of these small sites which rely heavil...

Learning Technical Analysis #1 | Basics

1 May 2020 2 minute read 4 comments costanza

I've been wanting to get more into Crypto Technical Analysis and made a plan to actively start learning in 30 days instead of just watching Youtube TA videos for entertainment (See Post). I am starting today and will be documenting everything I learn...

why bitcoin maximalism could fail horribly.

9 May 2020 5 minute read 1 comment Dzoelx

Currently sitting well above $9,600 with some good support at the $9,500 level and having outperformed every other top 300 (three hundred) cryptocurrencies, bitcoin have continued to show its superiority. Bullying every other coin out there and contr...

Going Fiat Free With Content Creator Joel Valenzuela

1 May 2020 1 minute read 10 comments Scott Cunningham

May is fiat free month where people are being challenged to find creative solutions to pay bills and live their life as they normally would without using fiat currency. Joel Valenzuela aka TheDesertLynx shares with us how he’s been living fiat free s...

Bitcoin- Predicting the Unpredictable!!

10 May 2020 3 minute read 2 comments SamBTC

With the Bitcoin halving due in less than 2 days now, there is a renewed increase in all sorts of speculations around how Bitcoin is going to behave. There are the doomsayers who are sure this is going to be a painful year for the king of crypto, on...

COVID-19 Financial Fallout and Recovery: Bitcoin vs. S&P 500

1 May 2020 5 minute read 2 comments cam_elica_24

It’s no longer news that the COVID-19 pandemic unleashed havoc across global economies and brought financial markets to its knees. Even world-renowned stock indexes like the S&P 500, Dow Jones Industrial Average (DJIA) and the FTSE 100 all saw their...

A reflection of Bitcoin’s relevance post the special event of it’s 3rd ever Halving!!

14 May 2020 3 minute read 3 comments Greenchic

 And 2020 Bitcoin Halving is over!! So, it passed off, a major event in crypto which all of you can guess, it’s been screaming in the news - BITCOIN HALVING!! Well, it’s over on Monday and we can hear other things for a change, but let’s reflect on...