What is Bitcoin (BTC)?

Bitcoin is the first cryptocurrency ever created and launched in 2009. It was likely created in response to the economic recession in 2008. The initial idea was to create a cash alternative to pay each other with digital money, while blockchain technologies enabled that without the need for a bank or the influence of governments. The supply was capped at 21 million bitcoins. Because of that scarcity it is often compared to gold. Even today, Bitcoin is still the largest cryptocurrency.
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BTC
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Cryptohunt's Opinion

Our take on Bitcoin

Bitcoin is the blockchain that started it all, and that helped it become the largest cryptocurrency right from the start. It's value has risen astromonically over the years, and some investors think of it as a digital version of gold – an asset to simply you park your money in. Frankly, we think that is the only justification to like it, as Bitcoin has mostly failed to become a real-world currency alternative. It's value fluctuates too much, and transactions are slow and expensive. It also has a massively negative effect on the environment by requiring excessive amounts of power to operate.
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How do you feel about Bitcoin?

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Beginner
What is Bitcoin, actually?
Learn about the origins of Bitcoin, what bitcoin actually is, and the hurdles that the anonymous Satoshi Nakamoto overcame to create the world’s first successful decentralized digital currency.
15 min
4 lessons
  • Participant
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JohnPaul +37 more took a lesson in this course

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Listen to "What is Bitcoin?"
Learn about Bitcoin - what it is, and how it works. Explained in simple terms · 1 mins
What makes Bitcoin special?
Bitcoin is a on its own, uses to validate transactions, and is. Bitcoin does not support.

Interesting facts about Bitcoin

Here are some facts you may not already know about Bitcoin. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Its creator "Satoshi Nakamoto" has never been identified nor have they ever withdrawn a single Bitcoin.

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There is more money invested in Bitcoin than in Tesla or Facebook stock.

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Bitcoin is the largest cryptocurency, making up over 40% of all market cap.

Bitcoin reviews from the cryptohunt community

Dive deeper into the different opinions about Bitcoin and learn how others feels about it.
Bitcoin
Positive review
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Clout
26 days ago

Pow

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Bitcoin
Positive review
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Firapira
1 mo. ago

only proven coin / network that is actually decentralized

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Bitcoin
Positive review
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Soopercolt45
1 mo. ago

I think bitcoin is fast enough for peers to transact as intended, and will be the fiat to compare all other currencies too.

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Bitcoin price and insights

See how much Bitcoin is worth and learn from other insightful metrics
No value
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24H30D
Community Reviews
Based on 25 community reviews
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
-
# Telegram members
-
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Bitcoin, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
-
# Active Discord members
-
# Telegram members
-
# Active Telegram members
-

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