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.

New Narrative in DeFi: Accumulating Points

20 Dec 2023 6 minute read 31 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

If you missed the huge Jitosol airdrop (minimum 15k per account), you absolutely must not miss these (probable) airdrops. Jito Network is a validator node on Solana that provides liquid staking services and rewarded users with points based on the $So...

Making Your First Million in Crypto. The Hard Truth

21 Jan 2024 6 minute read 26 comments johnwege

The cryptocurrency market is a place where all of your dreams can come true and your life will be changed financially forever. However, it can just as easily be destroyed. In the last free market, your fate is entirely up to you and the decisions tha...

The Silk Road Crypto Hacker’s Story On Your TV Screen

24 Dec 2023 3 minute read 15 comments SimpleSwap

Recently, the American news channel CNBC released a new documentary about cryptocurrency titled "Crypto 911: Exposing A Bitcoin Billionaire". It tells the story of Jimmy Zhong, an American hacker who gained notoriety for stealing over 50,000 BTC (app...

COPA Against Craig Wright: What Will Happen To The Bitcoin Name?

14 Dec 2023 3 minute read 24 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

In 2024 the founder of Bitcoin SV (Craig Wright) will have to defend himself in the trial against COPA. This process could be very important for the future copyright of the Bitcoin name and trademark.COPA (Cryptocurrency Open Patent Alliance) is a co...

You Won't Understand Bitcoin Until it's Too Late

8 Jan 2024 2 minute read 7 comments johnwege

The harsh reality is that most people won’t truly understand Bitcoin until it is already too late.  There are three groups of people. The first group completely ignores Bitcoin or is against it. We have likely all been in this group at one point or a...

How I Discovered Crypto And How Binance Helped Me to Kickstart My Crypto Journey

12 Dec 2023 4 minute read 34 comments Cryptonator`s

You can discover crypto in many different ways. To FOMO in when Bitcoin hits a new all-time high and panic sell in the FTX collapse is probably not the best way to discover crypto. There are different ways to discover cryptocurrency, each unique to t...

The Bitcoin Mistake That You'll Regret Forever

15 Jan 2024 3 minute read 14 comments johnwege

Throughout my time in Bitcoin, there has been one mistake that people continue to make. A mistake that will haunt them for many years to come. This mistake isn’t what you’re probably thinking. It has nothing to do with taking self-custody, or even in...

Meme and ‘Baby’ tokens showcase the power of hype marketing in cryptocurrency.

29 Dec 2023 3 minute read 5 comments Dzoelx

SourceIt’s safe to say that Elon Musk facilitated two very interesting trends; electric cars and meme coins. To the moon! But before that, how much have you earned by simply holding ‘baby’ tokens? Only very few ‘blue chip’ projects didn’t get a ‘bab...

My Crypto Goals for 2024

2 Jan 2024 4 minute read 18 comments johnwege

The year 2023 has officially come to an end and thankfully for those of us in the cryptocurrency market; it was a great year. After the last two years had been a struggle with FUD around every corner, there were many proclaiming that the death b...

#2 My UX Experience: Simple Bitcoin

27 Dec 2023 1 minute read 12 comments cryotosensei

Welcome to the 2nd post of Cryotosensei Chronicles, where Kai Le Sensei reveals all his unique, unorthodox ways of making money. Today’s post will be centered on Simple Bitcoin. When it comes to educating yourself on Bitcoin, the BitcoinMagazine ap...