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.


Basics of cryptovalut.

9 Apr 2020 1 minute read 0 comments Marekskwarek

Five basic features of a cryptovalut:   Independence: Cryptovalutes have no issuer (e.g. central bank, like national currencies), are not controlled by governments, organizations, or private companies. Decentralisation: the network consists of nodes...

What are crypto mines?

9 Apr 2020 1 minute read 0 comments Marekskwarek

Cryptovalut digging works by making the computing power of your computer available. The name of this digging activity was adopted because of its analogy to gold digging. The block is the place where new transactions are saved. Is cryptovalut digging...

My mistakes on the stock market.

9 Apr 2020 1 minute read 0 comments Marekskwarek

Hi! Today's topic I have prepared is very attractive for some people, so I have decided to touch on it. one of the most painful mistakes was to pay the cryptovalut to the wrong wallet address, it was a lot of my funds so I was sad about it. a week la...

Crypto Mining in a very new dimension

9 Apr 2020 2 minute read 5 comments Crypto4Life

First of all I would like to mention that as stated in my profile description, I have been in the crypto scene for many years. Before we get to the end, I would like to let you know that I have never seen anything like this project in terms of its pr...

More than 500 billion euros to respond to the economic crisis

9 Apr 2020 2 minute read 1 comment PGInvest

After more than three days of high-level talks, work on the sidelines and discussions in varying geographies, European Union finance ministers reached a compromise agreement that guarantees a package of more than € 500 billion to support the Member S...

South Korean central bank accelerates research on cryptocurrency

9 Apr 2020 1 minute read 0 comments Trading Passion

Following South China's lead, the South Korean central bank has launched its pilot project to develop a digital currency. A cryptocurrency in the making South Korea does not intend to sit on the sidelines for the issue of a CBDC. The country has anno...

Thor Battles the Midgard Serpent Jörmungandr

9 Apr 2020 1 minute read 0 comments Nifty Buckles Folklore Fun

Norse Storm god Thor was fishing with the giant Hymir. Unfortunately for Hymir he refused to provide Thor with bait, Thor smacks the head off Hymir’s largest ox to use as his bait. They row to a point where Hymir often sat and caught flat fish, where...

What is USD coin?

9 Apr 2020 1 minute read 0 comments PrisonedBus9641

Coinbase entered the stablecoin market with its own currency, the USD Coin (USDC). The goal is to become the leader in the stability offering for cryptocurrencies on Coinbase. The project saw the collaboration of Circle Internet Financial Ltd. The la...

Who is behind 50% of Bitcoin Cash transactions

9 Apr 2020 1 minute read 0 comments Gamma

The address has accumulated $ 23,642 (81.1 BCH) since the beginning of its activity on April 8, and it has since redistributed $ 22,348 on a regular basis (in the order of 3 to 4 transactions per second) to other addresses. This mysterious investor m...

Surviving Economic Collapse Through Dash, Bitcoin, Litecoin, and Precious Metals - Kennedy Financial

9 Apr 2020 1 minute read 3 comments TheDesertLynx

I had the pleasure of appearing on Kennedy Financial to talk about the recent economic collapse created by the global pandemic scare, and its consequences for people's savings and purchasing power after the Federal Reserve hyperinflates the dollar....