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.

Goldman the Bear vs Bloomberg the Bull: BTC to $20k THIS YEAR?

5 Jun 2020 1 minute read 1 comment FarewelltoMinds

Goldman the Bear vs Bloomberg the Bull Last week, Goldman Sachs listed five reasons investors should avoid bitcoin. This was an obvious push by a bank with vested in interests in everything that bitcoin is not. Go ahead and search for all the great c...

Understanding Sharding

1 Jun 2020 3 minute read 1 comment Ruma

Blockchain technology is gaining popularity day by day which in turn attracting more users towards the platform. Rapid adoption leads to an increase in the number of transactions regularly. And here the problem of scalability arises. Can the technolo...

Analysis of prices BTC, ETH, XRP (05.06.20)

5 Jun 2020 1 minute read 1 comment InsanisFox

BTC / USD Yesterday morning, on small volumes, the price btc was rolled away below a level two-hour EMA55 and has started to be restored only after the ре-test of support of 38.2 % fibonacci (9441.98 USD). In second half of day volumes of purchases...

Long term 03/2020 (BTC vs ETH vs Chainlink vs CRO vs other cryptocurrencies)

1 Jun 2020 2 minute read 3 comments Savastano

Long term Crypto 03 / 2020 (period  1 May 2020 - 30 May 2020). BTC vs ETH vs Chainlink vs CRO vs Energi vs Tezos.At the beginning a small note - I was so distracted that on Saturday I already did this article (May 30), in total it turned out good, be...

The great crypto-project of NEO | Towards a smart economy

21 hours ago 5 minute read 0 comments NassiroV

The story started in 2014, when the platform was not yet called NEO but AntShares (ANS). The creator’s goal was to create the smart economy of tomorrow: it’s not a platform but an entire ecosystem that is in place. I will approach this project throug...

Understanding SegWit

14 hours ago 3 minute read 6 comments Ruma

The First layer scaling solution is comprised of 3 different scaling mechanisms: Sharding Hard fork SegWit In my last two articles, I have already covered Hard Fork and Sharding. So here in this article, I will focus on the last scaling solution i....

Discussing Bitrefill With Sergej Kotliar

2 Jun 2020 1 minute read 4 comments Scott Cunningham

Sergej Kotliar and I sat down for some time to chat about Bitrefill and what they’re all about. We dive into what Bitrefill is, how you can trade your crypto for gift cards directly, and most importantly, how you can live fiat free. Bitrefill provid...

Coinbase Went Down Again Amid BTC $10K Spike

2 Jun 2020 1 minute read 7 comments Abhi K

US-based exchange Coinbase went down on June 1 and 2 just as the price of Bitcoin (BTC) was setting itself up to cross the $10k, marking yet another time in the past few months where the exchange has experienced downtime in times of market volatility...

Why inflation has become an endangered species

15 hours ago 5 minute read 3 comments Aristos

The balance sheet of the major central banks has risen to $ 7.1 trillion since 2008, but they have not seen the light of day. How stock market prices were affected and how the picture for bitcoin is shaping up. The big central banks are not aggre...

Bitcoin Breaks $10,000

2 Jun 2020 3 minute read 6 comments Thomas Wolf

Updated at 10 AM CTZ below the initial post. This morning Bitcoin spiked up from $9,570 USD to $10,200 USD.  This is a huge movement in the current market climate, given the COVID-19 pandemic and economies all over the world (primarily the US) are f...