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.

Blockstream and GoTenna create alternative channel for satellite transactions with Bitcoin

13 May 2019 1 minute read Exe8422 $0.02 tipped

  A partnership between the company that manages the satellite API (application programming interface) Blockstream and GoTenna, the startup of distributed communications networks, was announced this May 11 in the framework of the Magical Crypto Confe...

Thoughts on the Trend

13 May 2019 1 minute read BeansDaddy $0.05 tipped

With the long year plus of the Bear Market, people seem to be more enthusiastic this time around than before pertaining to crypto, BTC in particular.  What concerns me is that we seem to have s great deal of people who might have had the opportunity...

Bounty rises more then 7% in price

13 May 2019 1 minute read VonMitch $0.02 tipped

  That's what we want to see.   We bitcoin go higher and higher and yes now most altcoins and tokens are going up the last day. I think it's funny. Sometimes when bitcoin rises, the others go along with it, however when big buyers are getting their...

4 Reasons to Be Bullish on Crypto

13 May 2019 1 minute read Gary Leland $0.01 tipped

Brian Kelly from Fast Money said that there’s a really good chance that the December lows we saw in the 3000 dollar range were probably the lows for this cycle, and that there is a Bitcoin resurgence, and then gave 4 reasons for his statement. BitBl...

'Crypto' Movie Shines a Negative Light on Bitcoin

13 May 2019 1 minute read CryptoAnon4 $0.03 tipped

I cannot bring myself to go to the theater and pay to watch this movie. I will probably end up watching it when it gets listed on Hulu or Netflix or something but I don't think that this movie deserves my money or endorsement. We as investors try har...

Roubini compared the cryptocurrency to his mother and father to all the bubbles

13 May 2019 1 minute read xlubecx $0.00 tipped

he economist Nouriel Roubini, who is known to be perhaps the biggest and most loud cryptocurrency critic, headed by Bitcoin, said during the New York conference that cryptocurrency are the mother and father of all bubbles. Roubini, also known as "Dr....

The consulting firm estimates that Bitcoin will cost $ 20,000 in two years

13 May 2019 1 minute read xlubecx $0.00 tipped

Cannacord Genuity, a financial advisory firm, thinks Bitcoin's price could match its maximum $ 20,000 by 2021 at the latest. The prediction of Cannacord is based on the similarity between the four-year Bitcoin price cycles between 2011 and 2015, foll...

KuCoin Exchange / KuCoin Shares - earn passive income in dividend from exchange

13 May 2019 1 minute read almine $0.03 tipped

KuCoin is a world-class blockchain asset exchange which has its own coin called KuCoin Share. What are KuCoin Shares?KuCoin Shares (KCS) are the native currency of the KuCoin exchange platform that allows holders to profit from the success of the exc...

Index based hodling

13 May 2019 1 minute read Piet246 $0.04 tipped

I am investing and hodling cryptocurrency since the beginning of 2017. I am building up my portfolio based on the Coin Market Cap with a few small diferences based on my own preferences. I first bought BTC, ETH and LTC. Lateron i started to diversif...

Holo/Bitcoin/Tether (13 May) #HOT $HOT #BTC $BTC #USDT $USDT

13 May 2019 1 minute read CryptoStation $0.02 tipped

HOT seems to be too early to increase strongly during this time because the accumulation is not enough. Of course, HOT can still increase in short-term but for me, this is not the time to buy and hold.HOT buyzone is 0.00095-0.001$ or 15sts. At here,...