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.

Chainalysis traced $2.8 billion in BTC being sent to crypto-currency exchanges by criminals last year

2 days ago 2 minute read rhyzom $2.41 tipped

Blockchain analytics firm Chainalysis published a report on the 15th saying that it has traced $2.8 billion in Bitcoin being sent by criminals to crypto exchanges throughout 2019, with the bulk of the transactions going to Binance and Huobi. "While e...

United Nations to the Cryptocurrency Community: Do not participate in conferences in North Korea

2 days ago 2 minute read Roberto D. $0.12 tipped

Reuters reported it, with an article published a few hours ago, the United Nations warned the community that by participating in the next conference on cryptocurrencies in North Korea, scheduled for next February, they are likely to be indicted for v...

480 pages that give away cryptocurrency for free !

2 days ago 1 minute read achim03 $0.07 tipped

I have some friends who live in Venezuela at the moment and the economical situation in their country is catastrophic. The average salary is around 5 Usd per Month ! But a Kg of apples costs around 2 Usd. For people living in such countries, to earn...

Tom Lee Calls For 100% Bitcoin Returns #470

3 days ago 1 minute read Gary Leland $0.05 tipped

Lee claims that Bitcoin will shine largely in part to increase geopolitical risk, notably a potential war looming between the US and Iran, and the fact that nearly all global economies are hanging by a thread, printing money to only further put off...

Crypto Income #4 Passive returns with Neo

3 days ago 1 minute read knohen $0.13 tipped

Hello again in my Crypto Income series. This time I will take a closer look at crypto platforms. I would really like to tell you how you can stake your Ether to get some rewards, but sadly Proof of Stake is not yet implemented into Ethereum. We will...

Why is HYDRO so low value?

3 days ago 1 minute read MadMaxx $0.04 tipped

Hydro labs has been on fire lately. They've built the world's most secure online wallet. They've signed deals with MasterCard. They've developed a crazy amount of tech in such a short time, and they've done a lot more in the past year or so. Yet, th...

CRYPTO CONFERENCE : UNO Warns About The NEXT Conference on CRYPTOCURRENCY in North Korea

3 days ago 1 minute read Digital Asset Thinker $0.02 tipped

Good day Everyone, here is my new video about UNO (ONU) which warns about the next Conference in North Korea about Cryptocurrencies : In particular, they say to Crypto experts to not attend this conference because of the sanctions and the numerous cr...

Why I love Ripple, despite it's drawbacks

3 days ago 1 minute read MadMaxx $0.11 tipped

Ripple is very controversial. It's centralised. It's surprising low cost. And it's creator also created Stellar and holds half of the ripple that will ever be created in a private wallet  Needless to say, Ripple has IRS own fair share of controversie...

Time to adopt BCH for faster payments in daily routines.

3 days ago 1 minute read alberdioni8406 $0.15 tipped

Republished Article Original Found here from my Authorship. Living in Africa can sounds sometimes very embarrassing when you wanna pay for tax bills. It's a battle and you can face long queues to be attended, even in commercial Banks or supermarkets,...

Is it still profitable to mine Crypto in 2020?

3 days ago 1 minute read MadMaxx $0.12 tipped

Mining has been the in thing since bitcoin. And for good reason. It's (theoretically) a way to get money for free. I say theoretically because that money can and will be eaten up by electricity costs, hardware deterioration costs and the fact that yo...