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What is bitcoin?

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Before bitcoin:

In 1983, the American cryptographer David Chaum conceived an anonymous cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or any third party.

In 1996, the NSA published a paper entitled How to Make a Mint: the Cryptography of Anonymous Electronic Cash, describing a Cryptocurrency system, first publishing it in an MIT mailing list and later in 1997, in The American Law Review.

In 1998, Wei Dai published a description of "b-money", characterized as an anonymous, distributed electronic cash system. Shortly thereafter, Nick Szabo described bit gold. Like bitcoin and other cryptocurrencies that would follow it, bit gold (not to be confused with the later gold-based exchange, BitGold) was described as an electronic currency system which required users to complete a proof of work function with solutions being cryptographically put together and published.



On 31 October 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto implemented the bitcoin software as open-source code and released it in January 2009. Nakamoto's identity remains unknown.

The receiver of the first bitcoin transaction was cypherpunk Hal Finney, who had created the first reusable proof-of-work system (RPoW) in 2004. Other early cypherpunk supporters were creators of bitcoin predecessors: Wei Dai, creator of b-money, and Nick Szabo, creator of bit gold. In 2010, the first known commercial transaction using bitcoin occurred when programmer Laszlo Hanyecz bought two Papa John's pizzas for ₿10,000.

Blockchain analysts estimate that Nakamoto had mined about one million bitcoins before disappearing in 2010, when he handed the network alert key and control of the code repository over to Gavin Andresen. Andresen later became lead developer at the Bitcoin Foundation. Andresen then sought to decentralize control.



Ethereum was initially described in a white paper by Vitalik Buterin, a programmer and co-founder of Bitcoin Magazine, in late 2013 with a goal of building decentralized applications. Buterin had argued that Bitcoin needed a scripting language for application development. Failing to gain agreement, he proposed the development of a new platform with a more general scripting language.

Ethereum was announced at the North American Bitcoin Conference in Miami, in January 2014. During the same time as the conference, a group of people rented a house in Miami: Gavin Wood, Charles Hoskinson, and Anthony Di Iorio, a Torontonian who financed the project. Di Iorio invited friend Joseph Lubin, who invited reporter Morgen Peck, to bear witness. Six months later the founders met again in a house in Zug, Switzerland, where Buterin told the founders that the project would proceed as a non-profit. Hoskinson left the project at that time.

The basic idea of putting executable smart contracts in the blockchain needed to be specified before the software could be implemented; this work was done by Gavin Wood, then chief technology officer, in the Ethereum Yellow Paper that specified the Ethereum Virtual Machine. Subsequently, a Swiss non-profit foundation, the Ethereum Foundation, was created as well. Development was funded by an online public crowdsale during July–August 2014, with the participants buying the ETH with another digital currency, Bitcoin.


Source: Wikipedia

Marketpredictions is a cryptocurrency prediction aggregator (bitcoin prediction and ethereum prediction) with daily prediction (bitcoin prediction today), weekly prediction, monthly prediction and bitcoin prediction 2020, ethereum prediction 2020, bitcoin prediction 2021, ethereum prediction 2021, bitcoin prediction 2022, ethereum prediction 2022 and more long term predictions. We also have our own prediction calculator for daily bitcoin predictions and daily ethereum predictions. You will also find information about cryptocurrencies market signals (BTC USD trading signals and ETH USD trading indicators) such as the galaxy score, tradingview's technical analysis, market seasonality, statistical info for daily trading, grayscale's GBTC and ETHE trading premium, bitcoin futures, smart money analysis, crypto news, bitcoin rating / ratings and ethereum rating / ratings.
See what tips and forecasts people like Arthur Hayes, Tone Vays, John McAfee, Fran Strajnar, Bobby Lee,  Tom Lee, Charlie Lee, Ronnie Moas, Vinny Lingham, Ivan on tech, Mike Novogratz, Michael Novogratz, Peter Shiff, PlanB and Warren Buffet can give you. Also see what indicators and previsions websites like longforcast, walletinvestor, tradingbeasts,, crypto-rating, digitalcoinprice, lunarcrush, tradingbeasts, weisscrypto and coinpredictor can give you.
So basically, if you want to know anything about the future of bitcoin or the future of ethereum, you can find here all the btc predictions, forecast, foresight, prophecy, divination, hunch, presage, prevision, prognostication, indicator, tip, fortune, anticipation, signal or surmise you can hope for.
Finally we will give you a little history of digital currency or cryptographic electronic money with names like Vitalik Buterin, the anonymous cryptographer Satoshi Nakamoto, David Chaum, Wei Dai, Nick Szabo, Hal Finney, Laszlo Hanyecz, Gavin Andresen, Gavin Wood, Charles Hoskinson, Anthony Di Iorio, Joseph Lubin, Morgen Peck.

What is Bitcoin and why is blockchain technology interesting?

If you want to undersdand better what bitcoin and the blockchain is all about, here is a pretty good explanatory video: