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.

EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Seventeen - Down 72%

4 Jun 2019 4 minute read starthere $4.99 tipped

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalanci...

How To Recognize When a Coin Has a High Chance To Moon

15 Aug 2019 4 minute read CryptoChartWizard91 $4.97 tipped

Judging if a project has the potential to ‘Moon’ is a very difficult task. There are so many factors that contribute toward the success (and failure) of a project that there is no simple answer to decide where is best to put your hard-earned cash! Pe...

The Great Altcoin Depression

7 Sep 2019 4 minute read viraladmin $4.88 tipped

The altcoin markets are crashing at a rate that has never been seen in cryptocurrency and is only comparable to the stock market crash of the 1930's we call the Great Depression.  Bitcoin maximalists insist this was inevitable because the only true c...

5 Most Important Crypto News You Should Know Today (11 Sep 2019)

11 Sep 2019 4 minute read Brawnd0 $4.84 tipped

2019 has all in all been a pretty decent year for cryptocurrencies. There have been a few rough spots - some thefts and hacks, the occasional regulatory resistance, but on the plus side, for every setback or short bear run, there are several positive...

7 Ways Blockchain Social Media Platforms Are Better

25 Sep 2019 3 minute read Scottcbusiness.eth $4.77 tipped

There are many ways that most true blockchain integrated social media platforms are better than traditional legacy platforms. Some platforms have all these benefits and some only have a few. The main benefits are transparency, decentralization, monet...

BTC, ETH, XRP, LTC, BCH Price Prediction for August 2019

31 Jul 2019 6 minute read CryptoChartWizard91 $4.76 tipped

Finally, the cryptocurrency markets have started to show the initial signs that this period of recent consolidation may have come to a close. With August upon us, I felt it was time to update my last predictions so here are my price predictions for t...

Impacts of cryptocurrency in the real world.

28 Sep 2019 3 minute read Hydro Labs $4.70 tipped

In 2017, Cryptocurrency, or digital currency, was driven to all-time highs by great hype and demand. This was soon followed by the nose diving event of 2018 bear market, which scared many away, but also turned many amateur traders into seasoned trade...

How will Bitcoin Behave if the Global Economy Erupts?

20 Sep 2019 23 minute read AdaptiveAnalysis $4.69 tipped

Economic conditions become increasingly turbulent after a decade of stimulative monetary policy & negative interest rate policies. A forward-looking indicator which has preceded every recession since the 1950s has recently signalled that a recession...

Why Bitcoin Keeps Sitting at $10K? Preparing to Pump or Dump?

12 Sep 2019 2 minute read CryptoChartWizard91 $4.60 tipped

Bitcoin has been hovering around the $10K level for a while now as the cryptocurrency continues to trade within the confines of a large descending triangle pattern. During times of consolidation, the market will often move sideways within a tight ran...

Bitcoin vs. Ethereum vs. Litecoin

11 Oct 2019 37 minute read MintDice $4.59 tipped

While cryptocurrency has only recently become a popular term in finance, it has been around for a long time. Before names like Bitcoin, Ethereum, and Litecoin even existed, there were attempts to create a decentralized currency. David Chaum, a respec...