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.

Valuing Crypto: Scientific or Closer to Astrology?

18 Feb 2024 5 minute read 3 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

This Week in Bitcoin Memes - February 18, 2024

19 Feb 2024 1 minute read 0 comments RocketEnthusiast

Greetings and good day P0x'ers around the world. How fitting it would be to examine this week's best Bitcoin memes? Thought so! Well, if you've read any of my posts in the past, you would know I must say this -- these fine .jpeg's and occasional .png...

Crypto World's Valentine 2024

14 Feb 2024 1 minute read 0 comments Yugocean

     The cryptocurrency world played Hi-Lo today, and it was also a profitable trading day. Small trade also made money. Buy Bitcoin below 50k?      Bitcoin played sea-saw; it settled at $51k after falling from $50k to $48k and then rising to $52k....

How to Buy, Sell, and Store Bitcoin Safely?

20 Feb 2024 4 minute read 2 comments Guarda Wallet

Bitcoin remains the cornerstone, attracting enthusiasts eager to dive into digital assets. Whether you’re a seasoned trader or new to the scene, aknowleding how to buy, sell, and store Bitcoin safely is vital. This article will guide you through the...

We can do anything we want to do if we stick to it long enough! (weekly crypto updates)

18 Feb 2024 4 minute read 0 comments Heruvim78

      What happened in the past week? Bitcoin goes above $50K. Coinbase is doing very well. Celsius paid around 50% of the total amount to its creditors. ETH Deneb Cancun upgrade is coming soon. What else? Read below: ​ Bitcoin: With BTC hi...

Zero-Knowledge Proof Cryptographic Protocol (ZKP).

17 Feb 2024 5 minute read 2 comments CryptoEntrepreneurs

Zero-Knowledge Proof (ZKP) technology is a type of cryptographic protocol that allows you to prove that a statement is true without revealing anything other than the veracity of the statement. For example, ZKP can be used to prove that you have a cer...

How To Decide When It's Time To Pull The Plug On Underperforming Assets?

14 Feb 2024 2 minute read 4 comments LocoSocioCrypto

Today I'd like to look into some strategies one can use when faced with an underperforming asset. The following is not financial advice, so please always do your own research before making any decision! Recently, I was looking over my crypto portfoli...

Long-term Bitcoin holders are locking in profits

15 Feb 2024 1 minute read 0 comments Stormgain

Currently, 87% of the total BTC issued is in the black for its owners. It's traded above $50,000 for less than 3% or 141 days of its history. This raises the temptation of locking in profits. As a result, long-term holders (LTH) have reduced their ho...

Don’t Make This Crypto Mistake: The #1 Regret That’ll Haunt You!

13 hours ago 2 minute read 1 comment johnwege

The longer you are in the cryptocurrency market, the more you begin to realize that everyone has much more in common than they originally thought. We are all on the same journey, but just at different points on that journey. Some have already made it...

David Bond on Avoiding Financial Censorship with Bitcoin, Digital Nomad Life

30 Oct 2020 1 minute read 238 comments TheDesertLynx

Digital nomad and purveyor of digital products David Bond comes on the podcast to give his story on using Bitcoin to avoid financial censorship, which had affected his unique business when PayPal shut down his accounts and confiscated his money. We...