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.


How Bitcoin Works

2 weeks ago 13 minute read Jimmy D [Trybe.One I Upliftnation.io] $4.25 tipped

Bitcoin and How it Works Although it may seem complicated, understanding Bitcoin and how it works isn’t really that difficult.  Personally, I think the difficulty people have with the idea of it is simply that they have not taken the time to understa...

Green Tsunami on the Crypto Market - Here is What To Expect Next (BTC, ETH, XRP, DASH)

4 days ago 5 minute read CryptoChartWizard91 $4.19 tipped

The cryptocurrency markets have seen a Green Tsunami over the past week, with a lively increase over the past 48 hours alone! Since the start of the year of 2020, the cryptocurrency market has increased by a total of $50 billion from $190 billion to...

Are Cold & Hot Wallets truly secure?

1 week ago 6 minute read Rondo $4.16 tipped

  Why do we need Cold and Hot wallets to secure digital assets? The Blockchain is the underlying tech layer made up of a decentralized ledger and in theory, a very secure data structure as there are a lot of distributed nodes that participate in th...

Can Blockchain Change the World? — 3 Signs that it could be the Next Internet

1 week ago 7 minute read cryptomagis $4.12 tipped

The problem with blockchain is that it has received attention for being a disruptive technology that – in actual fact – isn’t that disruptive in itself. Like most things in the modern world, the majority of the influence & attention directed at Block...

What is Litecoin (LTC)? — 'Near-Zero Payment Cost' — Beginner's Guide

4 weeks ago 5 minute read cryptomagis $4.10 tipped

Litecoin is a clone of Bitcoin, with minor technical differences which contribute to its underlying value proposition. Published as open-source in October 2011 by a former Google engineer (Charlie Lee), the system quickly took up pace with a market c...

How will the Bitcoin ASIC Manufacturer Market Evolve in 2020?

3 days ago 6 minute read MinerUpdate $4.08 tipped

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. Bitmain’s dominance waned while Canaan succeeded in listing publicly in 2019. As 2020 progresses, we analyse the compe...

MinerMovements #3

1 week ago 4 minute read MinerUpdate $4.06 tipped

This MinerMovements release was originally sent to subscribers of the MinerUpdate newsletter. You can subscribe here. The 2020 Halving, Ethereum Hard Forks, & Bitmain Slash Staff A new decade has dawned and the MinerUpdate.com team wishes all of our...

Was 2017 designed?

1 day ago 15 minute read mduchow $3.98 tipped

On January 1st 2017, Bitcoin opened up at $973.37. In the span of 11 months following, Bitcoin grew 2000% and topped out at a price of $20,000. To say the least it caught the majority of people off guard. As expected, many were skeptical knowing that...

Is the Halving Priced in? An anlaysis

3 weeks ago 4 minute read Bmcward $3.98 tipped

Is the Halving priced in? An analysis  Written by: Brandon M. First I would like to thank you for reading this article. I hope to spark cordial discussion and I look forward to everyone's constructive criticism.  In this article I am discussing the B...

BAT equilibrium price and impact from growth: a look to microfinance and the liquidity paths

23 hours ago 22 minute read HourImagination $3.97 tipped

Introduction We will analyse the BAT from many perspectives. Among the most interesting not questionable results we will show how the BAT ETH exchange rate is often far better in decentralized  exchanges than centralized ones. We will work around the...