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.


Top of the Sauce

15 hours ago 1 minute read 0 comments Flowing

                        The Wealth Mind set.   Before we started out with anything,it's important to know that there's a why?, the mind set behind the scenes.   Are you familiar with the word "back office"?. The picture depicted in the diagram above...

PayPal is exploring crypto capabilities: New letter expose their intents!

15 hours ago 1 minute read 4 comments alberdioni8406

Recently, the media news spreaded intentions of PayPal to provide Crypto selling to their 300 millions users around the globe, that was until now never been confirmed by the PayPal Inc. In a new letter directed to the European Union is clear that the...

DARP Protocol by William B. Norton (Dr.Peering)

15 hours ago 1 minute read 1 comment Ethanmathew

​​​​​​​​​NOIA Network has created a decentralized network that uses the Distributed Autonomous Routing Protocol (DARP) that measures the One-Way Latency (OWL) between a full-mesh of network-attached devices. Enabling a whole new level of network-path...

Bitcoin Hangs on to Channel Support by a Thread - (TA - 14th July)

16 hours ago 1 minute read 1 comment pheonixdown-dee

The Bitcoin (BTC) price is trading slightly below a crucial support area at $9,250. The price has been trading near this level for the past five days but has failed to initiate a bounce. At the time of writing, the price was in the process of bre...

What is a mnemonic seed phrase?

16 hours ago 1 minute read 0 comments mercurial9

The mnemonic seed is a sequence or a word scheme that helps the brain remember more complicated things. An example of mnemonic seed phrase; "May I have a large container of coffee beans" in English (may I have a large container of coffee beans). Thi...

Goosebet.io – Weekly Recap #2

16 hours ago 1 minute read 1 comment TronList

★★★★★ Let's do a small recap of Week #1 - Goosebet.io launched on 1st of July 2020. With a slick design and only three in-house games (which are very fast) it managed to pull tons of funds into the dividends pool. So let's dig into week #2 an...

"How To Speak Bitcoin" Episode #1

17 hours ago 1 minute read 0 comments CryptoZonZ

Subscribe To CryptoZonZ here  #LoveAllServeOthers Can you say, "Less corruption and more accountability?"  How to speak Bitcoin has so much to do with understanding "triple-ledger-accounting," and this basic premise:  transparency. Bitcoin employs a...

14 Jul: Paypal developing

17 hours ago 1 minute read 0 comments TheCryptoCurator

It's Tuesday my Crypto Peeps and it's a boring news day. We are red across the board except the dominance rate which indicates money is flowing back into Bitcoin from Altcoins. Paypal reveals that it's developing Crypto capabilities, most Bitcoin HOD...

Update : Bitcoin Hash ribbons on the weekly show a BUY signal as well and this is big news ! However a dump first is definitely possible !

17 hours ago 3 minute read 0 comments Djordi

Here is a quick update on my last post about the Bitcoin Hash ribbons on the daily. It showed a BUY signal a couple of days ago and now the weekly has flashed a BUY signal as well ! This is big news, but be aware; this does not automatically mean tha...

493 Bitcoins were traded in Venezuela last week

17 hours ago 2 minute read 2 comments Permabull

Checking last week's statistics, 493 BTC were traded in Venezuela on LocalBitcoins. The number is slightly down from 544 BTC, traded the week before, buying and selling BTC/FIAT. 493 BTC is over 1,000,000,000,000 Bs. (Bolivares). One Bitcoin (BTC) i...