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.

Florentia Jerseys Enchased with the Bitcoin Logo

1 week ago 1 minute read bernardos $0.57 tipped

On September 29 the Bitcoin logo made a debut in Italian Serie A women’s Futsal League appearing on the shirts of Futsal Florentia in their cup match against Sabina Lazio. This is not the first time that a cryptocurrency project signs a sponsorship...

Beyond Investing - Cryptos are Freedom

1 week ago 4 minute read The Part Time Economist $0.31 tipped

Investment vs Use As an economist, I typically think about cryptocurrencies and blockchain from a monetary perspective. Cryptos are superior to government-issued currency in many ways: they can be better stores of value, they can be transferred elect...

Market cycles: how can this influence your trade

1 week ago 2 minute read zulonga $1.74 tipped

Introduction Market cycles represent periods where price trends fluctuate following a pattern, which may be bullish (popularly known as the bull market) characterizing an increasing number of people entering and buying the market; and the bearish cyc...

How much can bitcoin really cost

1 week ago 1 minute read Zivile764 $0.05 tipped

How Much Can Bitcoin Really Cost? On the one hand, the answer is simple - as long as you are prepared to pay for it. But if you are the owner of just one BTC and built on it, God forbid, what do you have, what price increases should you expect? This...

Bitcoin (BTC) analysis - do the bears push the price to $8,000?

1 week ago 1 minute read darianosch $0.02 tipped

At the time of writing, Bitcoin (BTC) uses a price of $8,360 at Bitstamp. Are we bearish again? Read the technical analysis. Bitcoin (BTC) daily overview The daily overview shows that Bitcoin closed itself very ugly yesterday (figure 1 below, red.) A...

Bitcoin and Now Etheruem are Commodities- What Does That Mean for the Cryptocurrency Market?

1 week ago 1 minute read Wstanley224 $0.25 tipped

Bitcoin and Now Etheruem are Commodities- What Does That Mean for the Cryptocurrency Market? Heath Tarbert of the CFTC has declared that it is likely Ethereum is a commodity. It has been widely accepted that cryptocurrencies are not securities. What...

Curate Bitcoin 10/11/2019 by dobobs

1 week ago 5 minute read dobobs $0.02 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...

Sweden’s Debt Collection Agency is Auctioning 4.59 Bitcoins

1 week ago 2 minute read $0.10 tipped

Swedish media outlet TheLocal revealed that Kronofodgen, essentially Sweden’s debt collection agency, or officially ‘enforcement agency’, is about to auction 4.59 Bitcoin today, worth approximately $38,383 according to its current market pricing. Int...

Who Are the Biggest Bitcoin HODLers? #400

1 week ago 1 minute read Gary Leland $0.10 tipped

It probably won't come as a big surprise that Crypto exchanges are the biggest Bitcoin HODLers. 6.7% of the current circulation of Bitcoin is held on exchange wallets, and that is valued around 9.8 billion dollars. VIDEO:

France tabacco shops sell bitcoin

1 week ago 1 minute read CryptoArgha $0.11 tipped

France tobacco shops are getting ready to sell bitcoins to locals under law   The french startup company keplerk again opened its service of selling bitcoins in france   This time they will be selling bitcoin in 5200 tabacco shops across the country...