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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.


FUK NO CRYPTO IN DA WORLD

3 Oct 2022 1 minute read 0 comments Queenofdarkness

Cryptocurrencies are all the rage right now, but what would happen if they didn't exist? Lack of trust and transparency: One of the main benefits of cryptocurrencies is that they are trustless and transparent. Without them, we would have to rely on...

Computer Mining 2022

3 Oct 2022 1 minute read 4 comments Wolf2015

Although, most people would say that CPU mining is not profitable, I say they are wrong. Let us first give you a perspective on this situation. We will cover a large host of unanswered questions to this mining process. First, let me show you what I m...

AstroCrypto BTC Weekly Market Forecast Using Astrology Oct 3 - 9 2022

3 Oct 2022 5 minute read 0 comments iCryptobeing

  DISCLAIMER: I am not a Financial Advisor, this is NOT Financial Advice, Do your own Research, this is for Entertainment purposes only. I am not a professional Astrologer and the info in this report should not be taken a financial advice.Note: I am...

This Huge Double Bottom Can Change Everything For Bitcoin | BTC Price prediction 2022

3 Oct 2022 2 minute read 0 comments moon333

Hi, friends hope you are well, and welcome to the new update on Bitcoin ( BTC ).A long-term down channel:On the weekly time, the priceline of bitcoin is moving in a very long-term down the channel, and right now Bitcoin has found quite firm support a...

Don't be fooled by Binance and CZ's approval for EU and US crypto regulations

3 Oct 2022 2 minute read 0 comments Kovichni

I'm no anti-Binancian or anything, as a matter of fact when I first returned to crypto I also opened a Binance account after noticing I was missing out on a lot of decent cryptos which left me with the option to either create a dozen separate account...

Should you mine after the merge of ethereum?

3 Oct 2022 2 minute read 0 comments Emilio1984

It is undeniable that mining cryptocurrencies, such as bitcoin, ether or even ravencoin has been profitable until September 2022. However, after the merge of ETH (ether) from proof of work (PoW) to proof of stake (PoS) this fact has changed. Througho...

Oct: Follow Dat Money

3 Oct 2022 1 minute read 1 comment TheCryptoCurator

Welcome to October folks! Last month we saw $10B flow into Digital Asset projects which was double of what we saw the month prior. Turns out September started out slow but picked up steam as the month went on. Funds, exchanges, and wallets made up th...

After Opening This Morning, NASDAQ Futures Hit Two-Year Low; CPI Forecast for September Not Optimistic — 2022/10/03

3 Oct 2022 5 minute read 1 comment CryptEducator

The price distribution of BTC positions as of 10:00 a.m. this morning has changed from 12:00 p.m. yesterday to 22 hours today. Although the data were obtained at somewhat longer intervals, it is also clear that as prices have gyrated downward, the st...

Crypto Goals - Shifting The Goalposts

3 Oct 2022 3 minute read 0 comments Sapphire

Above & Beyond Initially, when I entered the Crypto space, I automatically began to formulate some goals. I think this is something that many of us do, without even realizing it. We want to envision the future possibilities and benefits of our endeav...

WEEKEND PRICE ANALYSIS: BTC, MKR, UNI & EGLD

3 Oct 2022 1 minute read 0 comments SimpleLearn

BTC Over the past weekend, we have seen two relatively strong movements: an upward one from the price mark of $19,171 to $20,178, which amounted to more than 5% and a downward one from $19,871 to $19,478, which amounted to more than 2%. Both movemen...