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.


The End of May: Whales Splashing or Bulls Rushing?

28 May 2020 3 minute read 20 comments Thomas Wolf

I wonder what is to come for June!  May has been an interesting month for crypto.This morning, Thursday, May 28th, 2020, Bitcoin took another leap in the positive after having fallen below $9,000 USD.The market has half-way recovered to it's $10,000...

Everything you need to know before using Multi Crypto Wallet

30 May 2020 3 minute read 10 comments cracken

In recent years blockchain technology has come to be more contagious. Its growth attracts an increasing number of traders to fall for it. With all this boom of cryptocurrencies, traders longed for a safe and reliable wallets to keep all the digital c...

Why China’s Cryptocurrency Matters More Than Bitcoin

29 May 2020 4 minute read 9 comments MarkHelfman

Cryptocurrency advocates remain massed and ready to rush the barricades of traditional finance. Who will rise to lead this charge? The Chinese government, if you can believe that. It will soon launch a digital yuan on its nascent Blockchain Service N...

Why Dash Won the Bitrefill Transaction Speed Race and What That Means

30 May 2020 6 minute read 4 comments TheDesertLynx

Bitrefill conducted a speed test, and surprise surpise, Dash won. A company that allows users to use cryptocurrency to top up prepaid phones and buy gift codes to almost any business imaginable, Bitrefill held a contest to highlight the fastest ways...

Bitcoin’s Real Weakness? Energy Waste

25 May 2020 3 minute read 22 comments FarewelltoMinds

Bitcoin’s Real Weakness? Energy. Considering all the technobabble and steep learning curves regarding blockchain tech in general, and Bitcoin in particular, it shouldn't be a surprise that it remains unpopular, seldom used and overall a specialized,...

Weiss Ratings sees signs of a repeat rally of 2017

24 May 2020 1 minute read 3 comments World Crypto

Recently, bitcoin is increasingly showing signs resembling a cryptocurrency rally 2017, according to an analytical agency. Bitcoin has recorded the highest level of positive sentiment since 2017, the Weiss Ratings analytical agency reported. Accordin...

When Will My Bitcoin Transaction Get Confirmed and How Much Should I Pay In Miner Fees?

26 May 2020 1 minute read 25 comments Cryptoforcanadians

Before I can answer the questions of "When will my bitcoin transaction get confirmed?" and "How much in fees should I pay?" we first need to understand how the fees work when sending Bitcoin. So the way that Bitcoin works when you want to send some i...

Understanding Hard Fork

29 May 2020 5 minute read 8 comments Ruma

Blockchain’s scaling solutions can be categorized into four parts:- First layer on-chain solutions second layer off-chain solutions scalable consensus mechanisms distributed ledgers First layer on-chain solutions The first layer scaling solution su...

The Hot Bitcoin Mixers in the Crypto Space Today

27 May 2020 6 minute read 2 comments Crypto Adventure

Every crypto user will agree that Bitcoin mixers are some of the essential tools today. Unless you have no interest in protecting your digital assets, you probably use a bitcoin mixer while making transactions.  Bitcoin mixers, or tumblers, as they a...

Going Fiat Free: Spend Crypto On Anything

26 May 2020 1 minute read 10 comments Scott Cunningham

From crypto cards to Bitrefill, crypto is becoming more easily accessible and spendable. With so many ways to spend your crypto and given May is #fiatfree month, I’d like to share with you how I’m paying my bills and covering almost everything with c...