Bitcoin
Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.
Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.
Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.
The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.
Cryptocoins Exchanges / Binance - 2 years ago
I have an address I need to transfer $80 worth of bitcoin in exchange for a good. I am wondering what are the steps I must take to send it to the suppliar who gave me his coinpayments.net address? submitted by /u/idkwhyimusingthat101...
by COINS NEWS - 2 years ago
I searched the Internet for goods and services you can Buy Bitcoin and Ethereum and compiled a non-exhaustive list for you guys. Bitcoin Anything in El Salvador Mavericks tickets Lap dances in Vegas at Legends Room A Brazilian butt lift at bodySCULP...
Bitcoin News / Bitcoin.com - 2 years ago
Camarasal, a well known entrepreneur association in El Salvador, announced the results of a poll made this month. The poll shows almost 100% of Salvadorans worry about the implementation of the bitcoin tender law approved recently. Most criticize the...
Cryptocoins News / The Cointelegraph β - 2 years ago
Goldman has flip-flopped again declaring crypto assets as unworthy of investment in the same week it expands its crypto trading desk. Wall Street investment bank Gold...
Bitcoin News / Bitcoin.com - 2 years ago
In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order. Marks, who reportedly owned 50% of MTI, argues that...
by COINS NEWS - 2 years ago
Ok, I'd like to start out by stressing that this is not meant to be a shitpost. r/Bitcoin had us beat. We surpassed them by 50-100K I think. Obviously that means moons are the poor mans bitcoin. A place to talk about crypto generates tons of tra...
Cryptocoins News / The Cointelegraph β - 2 years ago
Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing. An unusual phenomenon called 'backwardation' is taking place in Bitc...
Cryptocoins News / The Cointelegraph β - 2 years ago
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserveβs plan to hike interest rates dropped Bitcoin price to the $37,000 support. Bitcoin (BTC)Β p...
Bitcoin News / Bitcoin.com - 2 years ago
Actor and bitcoin investor Neil Patrick Harris has partnered with a leading cryptocurrency ATM operator to help people see “how easy and accessible it is to invest in cryptocurrency and join the future of finance.” Harris also shared how...
Cryptocoins News / NewsBTC - 2 years ago
Bitcoin and other assets often develop support and resistance around Fibonacci levels, either through extensions or retracement. The ratios are based on the Fibonacci sequence, which has ties to the Golden Ratio.
With the top cryptocurrency so tied t...
More / Bitcoin Reddit - 2 years ago
I'm a little annoyed by the non-data-driven trading wisdom like selling at the typical MA50 / MA200 Bitcoin death cross nonsense. Here our current arising death cross: death cross nonsense I was wondering why so many people just put up with...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published on Wednesday, the SEC thinks &l...