What is Bitcoin? When you hear people talk about cryptocurrency or when cryptocurrency is on the news, it is likely about Bitcoin. For a lot of people, Bitcoin and cryptocurrency are the same, but Bitcoin is a cryptocurrency and there are a lot more other digital coins, called altcoins (alternative coins). Still, Bitcoin is the […]

What is the abbreviation XBT? Do you want to deposit Bitcoin at a platform, but you see XBT instead of BTC? Don’t worry, you’ll find the answer below. Short answer: XBT is exactly the same as BTC. So, feel free to transfer your Bitcoin to the platform. Well-known platforms that use XBT instead of BTC […]

How many Bitcoins are there? In circulation, lost bitcoin and more Many people buy Bitcoin, not only because of its value, but also because they are scarce. Especially, when you find out that not all mined Bitcoin are still in circulation. That’s because a lot of Bitcoin are simply lost. How many Bitcoins are there? […]

What is the Bitcoin halving? A lot of new Bitcoins are added to the circulation every day, this is done by Bitcoin mining. Mining sounds like Bitcoin is being pulled out of the ground somewhere, but actually, it has everything to do with computers. Bitcoin is and remains a digital currency. With mining, a large […]

What is a Bitcoin maximalist? The birth of Bitcoin has led to the creation of more than 2000 cryptocurrencies. However, a section of crypto enthusiasts believes that only Bitcoin is the real crypto, and others are shitcoins. These die-hard supporters are called Bitcoin (BTC) maximalists. BTC maximalists consider altcoins (other cryptos apart from Bitcoin) to […]

Why does Bitcoin have value? When Bitcoin (BTC) first came into existence, there was so much speculation about where it derives its value. Governments and its critics even used this confusion to discourage people from investing in the cryptocurrency. Interestingly, governments were concerned that Bitcoin doesn’t have value and it’s made of thin air, forgetting […]