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.

Bitcoin Price Daily Tech Analysis and Prediction : June 23rd, 2021

23 Jun 2021 1 minute read 0 comments i_Malik

Bitcoin start to the day see the rise up early morning intraday high is $34475 before hitting down. Bitcoin has price down from $33k the lows as it dives in 29k yesterday. Bitcoin extreme sell of bearish move yesterday and fall through the first rese...

One Month with - Opportunities everywhere!

23 Jun 2021 2 minute read 29 comments PVMihalache

I will not talk to much about as a project as this subject was covered in details about one year ago when everyone else opened an account. I made a bad choice and I have to live with the consequences.  I compared the card with S...

From China to the West, the Great Bitcoin Mining Exodus Has Started. And That’s Bullish for Bitcoin

23 Jun 2021 3 minute read 0 comments ssaurel

Announced several weeks ago, the ban on Bitcoin mining in China has really materialized since the beginning of June 2021. Chinese miners are forced to shut down their equipment or face sanctions by the Chinese authorities. For many Bitcoin opponents,...

BITCOIN (BTC) Can Take Heavy Bounce Exactly From here

23 Jun 2021 1 minute read 0 comments moon333

Hi friends, hope you are well and welcome to the new update on BITCOIN(BTC) Reached the low of Jan 2021:The price action of Bitcoin dropped at $28800 dollar, which was very close to the low of the first week of January 20201, when the price action d...

What You Need To Know Before Trading CFD

23 Jun 2021 7 minute read 0 comments rohit chawla

What are CFDs?  The Contracts for difference is the mediator between the broker and trader who helps to settle the differences in an asset. CFDs normally allow investors to trade over a short term and are especially popular in FX and commodities prod...

Crypto Winter! BTC - The Main Fundamental Story Unchanged, However FUD is Taking Over!

23 Jun 2021 3 minute read 0 comments Kamend1

I have meant to comment on the price action for a while now. Yet, I could not find the right moment to collect my thoughts and organize my thought in the right way. In one of my last posts, which were (wow) full three months ago, I had sensed that th...

When You Are Still Supporting BTC, Institutions Are Already Selling High Arbitrage❗

23 Jun 2021 4 minute read 1 comment Willson-Deng

While supporters are still looking forward to Bitcoin's price increase, it has reached its lowest point of the year of $29,000 When users who support Bitcoin are still expecting that Bitcoin will rise against the trend, Bitcoin has given them a head-...

The importance of Dollar Cost Averaging

23 Jun 2021 1 minute read 1 comment eltoro0x

The importance of Dollar Cost Averaging   Dollar Cost Averaging is one of the most important strategies you have to learn, especially in a volatile market like Crypto. You have all seen in the last month how the price changes rapidly. BTC went up an...

Bitcoin BTC / USD daily technical analysis and daily BTC ETH strategy

23 Jun 2021 1 minute read 0 comments trade60

Very volatile Bitcoin and still in a bearish trend. Yesterday it touched a low of 28784 and then immediately recovered to form a hammer with a maximum of 33311. This high has been broken to the upside and should represent the continuation of a small...

The El Dorado Blockchain

23 Jun 2021 5 minute read 3 comments 416Bitcoin

The blockchain El Dorado: Bitcoin Adoption in South America    Over the past few weeks, we’ve seen Bitcoin miners in China shutting down their mining rigs. According to an article in the Global Times, 90% of all miners in China have shut shop, bring...