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.

Cynefin: Organizational Sense-Making and Decision-Making Framework for our Modern World (Useful Conceptual Heuristics Series/Collection). Invaluable tool for evaluating investments w/o listening to anybody's BS.

18 Dec 2019 11 minute read rhyzom $4.08 tipped

Am lately making a collection of useful heuristics and conceptual tools worth absorbing and applying in various trans-disciplinary contexts and environments (as useful/applicable in the complex socio-technical world of today) and this one here is one...

How to Buy Buy Bitcoin by Paypal on LocalBitcoins Step by Step Guide

2 weeks ago 1 minute read $3.90 tipped

If you want to buy bitcoin (BTC) with Paypal on LocalBitcoins account then you are exactly at the right place. The foundation of LocalBitcoins is laid in 2012 with the native city, Finland. It is serving the financing community for trading from conse...

The Origin, History and Evolution of Money -The Transition to Cryptocurrency (BITCOIN)

2 weeks ago 6 minute read CryptoSorted $3.89 tipped

He who sacrifices freedom for security deserves neither ~Ben Franklin So you haven’t heard about bitcoin before or probably you have but don’t understand anything that was said about it or you simply don’t buy the idea. This post is exactly what yo...

Cloud Mining - DEBUNKED

3 weeks ago 4 minute read DimitarM $3.75 tipped

Cloud Mining is a topic that never gets old. Although the peak of cloud mining is in the past, there are still websites and people looking into it. Let's fist have a brief explanation what it means. Cloud mining is when a person is renting server fro...

Can EOS save its blockchain castle from the mysterious attack?

4 weeks ago 2 minute read paragism $3.64 tipped

The day was 31st October, 2019. A token named EIDOS was released on the EOS network on that date. EIDOS does not have any use case and its website does not have any details about its team. It looks like an anonymous virus made to prove a point to the...

Air-Gapped Computers and Phones vs Hardware Wallets: What’s the Difference?

1 week ago 5 minute read Cobo Vault $3.59 tipped

Considering using an old computer or smartphone as cold wallet rather than placing your trust in a third party’s hardware wallet? Research suggests you may want to think twice, as air-gapped computers and smartphones are rife with vulnerabilities tha...

How To Invest In Cryptocurrency (BITCOIN) Like a Pro

1 week ago 7 minute read CryptoSorted $3.57 tipped

"You're a fool if you don’t invest in crypto assets," ~Tim Enneking. If you are interested in investing or looking to grow your investment in cryptocurrency, then this post is for you. Back in July 2017 when I first made my first "investment" in cr...

My review of Bybit derivatives exchange. It's nice!

1 week ago 7 minute read Treeπ $3.55 tipped

Introduction Bybit is a relatively new cryptocurrency derivatives (up to 100x leverage) exchange founded in March of 2018. Bybit is legally structured in the British Virgin Islands, with their headquarters based in Singapore, a well known fintech fri...

Aelf blockchain will communicate with NASDAQ, Google Cloud, Oracle, SAP, Ethereum and Bitcoin

3 weeks ago 4 minute read Mappo $3.55 tipped

Aelf will be one of the few blockchains that will have the ability to not only communicate but also rely on verifiable data from other blockchains and data sources through trustworthy and immutable data oracles. By connecting with Chainlink Orac...

WhatSat: The WhatsApp of Bitcoin

3 weeks ago 1 minute read M87 $3.54 tipped

Last month, a user on Reddit shared a WhatsApp messaging competitor that works on Bitcoin's Lightning Network called WhatSat.   Source: Reddit This is a powerful P2P private chat messaging app that utilizes Bitcoin's Blockchain. Another added to the...