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.


Cryptoless Wallet, Next Buy Preparation

11 Nov 2024 1 minute read 1 comment shohana1

Image by Be Ba from Pixabay   As always, Sold it all even when it was lesser than the buying price. After selling it all the coin is pumping and may hit my desired or targeted price value but I couldn’t wait for it. Next buy seems take time as mar...

How is your bull run going?

11 Nov 2024 2 minute read 1 comment Dzoelx

SourceShill me your next 100X! Your favorite ‘shill influencer’ probably tweets this line twice a day. Crypto Twitter is at an all-time high in terms of toxicity. It blows hot, the shills are wild and so does the price go. One thing is for sure; a lo...

October 2024 Chains Report: Bitcoin Sets Pace While Layer 2 Battle Intensifies

11 Nov 2024 6 minute read 0 comments Footprint Analytics

Author: Stella L ([email protected]) Data Source: Footprint Analytics Chains Research Page Exactly 16 years after Satoshi Nakamoto published the Bitcoin whitepaper on October 31, 2008, Bitcoin once again demonstrated its revolutionary i...

From "Scam" to "Great Bitcoiners" - Trump's Flipflop on BTC

11 Nov 2024 1 minute read 6 comments RocketEnthusiast

A Trump-led White House has already translated to a substantial increase in the price of Bitcoin. That really should come as no surprise to anyone who's been following the campaigns and hearing the promises. So, Bitcoin is actually already made in t...

Never Underestimate Bitcoin

11 Nov 2024 2 minute read 1 comment johnwege

In the cryptocurrency market there is one rule that you must always follow; Never underestimate Bitcoin.  Our greatest weakness when it comes to finance is our emotions. There is no other market where that is more evident than with Bitcoin. The daily...

Bitcoin hit $80,000, price analysis

10 Nov 2024 1 minute read 0 comments Galaxie Crypto

Bitcoin set a new price record at $81,054.70 before it flipped. What’s going on? Review of price developments since the beginning of 2024. After a strong rise until mid-March, Bitcoin has slightly corrected until mid-September before gradually resumi...

Is America Great Again Or Are We Just In Crypto At the Right Time?

10 Nov 2024 5 minute read 3 comments TheeCryptoDoc

I am sure that the title of this blog may have gotten your attention and now you want to know this blogger’s political opinions. Far from it, I honestly am not surprised by the results of this past election or care who won because at the end of the d...

Riding the Waves: How Regulations Shape Crypto’s Volatile Market

10 Nov 2024 1 minute read 0 comments Crypto RegWatch

In today’s crypto scene, prices surge and dive, and regulatory news is a big reason why. Unlike traditional markets, crypto is ultra-sensitive to announcements from governments and agencies. When countries make new rules around crypto, it’s like toss...

RollerCoin Diaries: Puzzle Quest - new opportunities for growth. The Hamster’s path. Part 11.

10 Nov 2024 1 minute read 2 comments Lazy Bear

Another quest from the Puzzle series. The previous article on this one is here. So, the developers are again pleasing us with a puzzle quest. And only by playing games you can get as many as 5 prizes + 1 guaranteed prize. Unfortunately, the rest of t...

State of the Market (11/10/24)

10 Nov 2024 3 minute read 0 comments Todd Mei PhD

Get the Full Free Version of The Art of the Bubble Newsletter here. The Macro Situation the Good Place (noun) heaven; an American television fantasy-comedy based on the idea that the main character has died and finds out mistakenly s...