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.


My Thoughts on Current Markets-91

13 hours ago 3 minute read 0 comments Biologist25

Judging by the weekly chart of ounce gold, the risk of 1980 - 1940 will remain on the table until the 2058 - 2078 region is crossed. But I said that sagging towards this region would also be a buying opportunity. Last week, I think he made a point to...

Ethereum Hit 3k, Bitcoin Was Closer To 53k

14 hours ago 1 minute read 0 comments shohana1

Image by Miloslav Hamřík from Pixabay Just a day before yesterday my prediction was about Ethereum and it goes right, last night Ethereum hit 3k price value when bitcoin was close enough to 53k price. Crypto market looks good with the price value of...

Shiba Inu Is Also News.

15 hours ago 4 minute read 2 comments CryptoEntrepreneurs

Those who have read my articles know that I am very suspicious of anything that has to do with meme or rare Tokens, the kind that no one knows about, and that although I sometimes use them to do a little scalping, I do not invest in them, which is a...

Thinking of Moving? Top 3 Countries Where Crypto Gains Are Tax Exempt

16 hours ago 1 minute read 0 comments LocoSocioCrypto

If you're anything like me, you love travelling the world and seeing new places. I've been fortunate enough in my life to have lived in 4 different countries and am currently in the process of moving to my 5th country! So today, I wanted to offer a f...

Bitcoin L2: How to Scale Bitcoin for Billions of People

18 hours ago 8 minute read 0 comments Legosi🐺

The scalability problem in Bitcoin stems from the limited capacity of its blockchain to process a high number of transactions at low cost due to the network's strong emphasis on security and decentralization, as well as its limited scripting language...

Can You Become Rich Through Crypto Investment

19 hours ago 2 minute read 0 comments MicaR

Currently, you can buy ADA for 62 cents. Let's say you bought 1000 ADA for $620. Now, let's imagine ADA became $10 each, and now the value of your assets will become $10,000. You can buy bitcoin for about $52,00 at the moment, if you buy bitcoin now...

The young man who invested $27 making his university thesis & became a millionaire

20 hours ago 1 minute read 0 comments jackjackson2nd

Christopher, a young Norwegian student invested $27 in bitcoins for his thesis, which years later allowed him to buy an apartment. He became a millionaire for his university thesis! Christopher, a young Norwegian student wrote his thesis on encrypti...

Proshares ISPY Return of Capital Feb 2024 Review

20 hours ago 1 minute read 0 comments Suerte Panda

Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!) $ISPY is relatively new and Panda naively thought it would be easy to analyze the return on capital on their first distribution. Whoops! Panda...

MUST READ FREE ALPHA! Bitcoin's 2024 Upgrade: Which Projects are Building on Bitcoin? Time to read up...

21 hours ago 3 minute read 0 comments blockchainking

Introduction. The era of viewing Bitcoin as the sole cryptocurrency capable of encompassing all functionalities within the rapidly expanding cryptocurrency ecosystem has passed. This shift has paved the way for a more open approach to building upon t...

Can I Make Profit On BetFury? Day 15

21 hours ago 1 minute read 0 comments Kovak

A bit late, but as they say better later than never :) Another day on the plus side. You can register on Betfury here. Today's profit: 31286.24 SHIB Total profit: 581594.81 SHIB Feel free to join me on BetFury; even just for the staking returns al...