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.


SUNDAY DO-OVER! (Due to technical issues) Spooked by Satoshi?, Win $100 with Bitrefill, Dash goes eSports...and more! | CATV LIVE

24 May 2020 1 minute read 0 comments Tao Of Satoshi

More than a few people got spooked when some very old Bitcoins moved this week. The price took a dive. Were you one of those people? Never fear, you can win $100 if you can complete the buying process of a Bitrefill phone topup the fastest (Hint: Use...

How to set up Theta Edge Node - Share your Bandwidth and earn TFuel

25 May 2020 1 minute read 6 comments Jakonfire

How to set up Theta Edge Node - Share your Bandwidth and earn TFuel   Theta and Tfuel are pumping the last days and I saw a lot of crypto interested people asking how to contribute to this evolution. So today I present you an easy Way to earn Tfuel w...

Higher Centralization, A Political Message, Temporary Spike in Fees - Welcome to Post-Bitcoin Halving !

24 May 2020 2 minute read 0 comments CryptoUser

Bitcoin’s third block reward halving happened on May 11 with a secret message embedded in the penultimate block #629,999 mined by F2Pool. The message says: “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue”. This refers to...

Revolut App Reports 68% Increase in Retail Crypto Traders

3 hours ago 1 minute read 1 comment Abhi K

UK based Revolut, which provides payment and investment products to both retail and business entities, has revealed data that showcases how the COVID-19 lockdown has affected investment in cryptocurrencies. Revolut used the data of 3 million customer...

Since mid-March, investors have withdrawn about $2.7 billion in bitcoins from exchanges

26 May 2020 1 minute read 0 comments Kluma

Users took the most funds from the Bitfinex trading platform. there may be two reasons for This. 310 thousand BTC or about $2.7 billion in cryptocurrency have been withdrawn from exchanges since March 12, when the bitcoin exchange rate fell to $3800,...

Cardano Founder Suggests that Blockstream Co-founder Adam Back Could be Satoshi

27 May 2020 1 minute read 0 comments Abhi K

Cardano founder and CEO of IOHK Charles Hoskinson has put forward his theory on the identity of Satoshi Nakamoto, saying that Blockstream founder Adam Back “checks a lot of the boxes” in an interview with CoinTelegraph on May 21. Hoskinson makes it...

1 Billion Dollars Burned By The Bitcoin Network Each Year For Proof Of Work!

27 May 2020 2 minute read 0 comments PassionCryptodotcom

The Bitcoin is an environmental catastrophe " “ Bitcoin is killing the planet” “ Bitcoin will soon shut down the Internet” These are just a few of the anti- Bitcoin headlines that have toured the internet and the media in recent years. And while many...

TEXAS IS THE BEST PLACE TO MINE BITCOINS

22 May 2020 1 minute read 0 comments Blockchain Times

Texas has one of the cheapest rate for electricity in the World so for it is th best place for miners to mine bitcoin here as technically bitcoin mining is the conversion of electrical power into hash power . Peter Theil backed startup Layer 1 has st...

What is WBTC and How it Works

26 May 2020 1 minute read 0 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

WBTC is an ERC20 token used on the Ethereum blockchain, in a 1: 1 ratio with BTC (a bit like the primordial idea of ​​the stablecoins that would guarantee a 1: 1 ratio with the dollar).So WBTC has the same value as BTC. WBTC on Etherscan: WBTC (Ethe...

Algorand Beats Them All 🌟

24 May 2020 1 minute read 2 comments valuevision

Algorand advantages   PPoS (Pure Proof of Stake Technology) 1.000 TPS 5 seconds to settle nearly zero transaction fee immediate transaction finality   If you start staking, you don't need to delegate your stake. Get rewards simply by holding a bala...