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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 behaviour.
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.
1 day ago 1 minute read Doc $0.02 tipped
Well kinda sorta... In a slide deck from a technical analysis team at the bank, it was revealed that their technical analysis was saying buy bitcoin now for a move up to almost $14k. Specifically they were calling for a move to $13,971. Here is the c...
1 day ago 5 minute read MintDice $0.22 tipped
Digital assets have found a place in numerous industries, where they are positioned to make the existing systems more efficient. Some of these industries include finance, art, real estate, food, and shipping — and the applicability will continue grow...
1 day ago 5 minute read MintDice $0.21 tipped
Bitcoin and other cryptocurrencies have made it possible to improve important aspects of several major industries such as banking, real estate, and art. However, adoption has been slow in these areas with just a handful of companies taking the leap....
1 day ago 6 minute read MintDice $1.67 tipped
Bitcoin network has grown in popularity over the last few years, as demonstrated by its daily use. The number of Bitcoin ATMs has also increased globally from 1 in 2013, to 500 in January 2016, to a whopping 5,042 in July 2019. This shows that there...
1 day ago 4 minute read SatoshiStacker $0.06 tipped
Hilux Basic Research In our search for good altcoins, we encountered Hilux, a peer-to-peer decentralized crypto-currency with a supply of only 21,000,000 HLX, allowing for easy value comparison with market leader Bitcoin. However, Hilux offers extra...
1 day ago 1 minute read goldenforex $0.02 tipped
The Israeli capital market organization wants to change the dispersion of innovation licenses in the nation. Around 2,000 Fintech and Blockchain endeavors are at present looking for licenses from an administration controller. Because of excess, the W...
1 day ago 2 minute read MonoBlack $0.02 tipped
The developer said the network must overcome the congestion problems it currently faces, as this will help reduce the costs of operations and boost operations through changes in the scheme of operation of the Ethereum Blockchain. --- Vitalik Buterin,...
1 day ago 2 minute read SatoshiStacker $0.01 tipped
Gossip Coin is a peer-to-peer decentralized cryptocurrency and has an infinite coin supply. The coin’s ticker is GOSS and it is a Masternode Coin. So what is a GOSSIP Masternode, and is it worth it? If you lack time or knowledge to keep track of all...
1 day ago 1 minute read goldenforex $0.06 tipped
The official Binance Jersey Twitter record was hacked by an unknown client @LightningNetwo9. As per a programmer's tweet on Binance Jersey, he is a security scientist with philanthropic thought processes. The programmer asserts that he could utilize...
1 day ago 1 minute read gduran $0.01 tipped
The trend for Bitcoin has been slowly upward as you can see on the chart (taken from https://coinmarketcap.com/), most alt coins are slightly down in the last 24 hours, this includes Steem which is trading right now at about $0.175 as has been normal...
