Saturday 15th of December 2018

Bitcoin News

Bitcoin (BTC) is a cryptocurrency and was developed by a group of unknown independent programmers named Satoshi Nakamoto in 2008.

The digital currency has no central bank or single administrator and can be sent from user to user on the peer to peer bitcoin network.

BTCNN is your number 1 source for everything Cryptocurrency and Bitcoin related. Make sure you follow us on Facebook and Twitter for all the latest Bitcoin news as it happens.

Is Bitcoin Anonymous?

Many people are convinced that bitcoin is completely anonymous and no transaction can be traced. However, that is not the case since the currency...

Is Bitcoin only used by criminals to buy drugs?

Why buying drugs with Bitcoin is impossible to hide? Bitcoin is seen in a negative light by those who think its transactions are completely anonymous....

 Is Bitcoin a “pump and dump” scheme?

Bitcoin as a Cryptocurrency Like most cryptocurrencies, Bitcoin is a prime target for schemes that target the unwary. However, that does not mean that it...

Why should I use Bitcoin? I already have a bank account/credit card/PayPal account.

You might be surprised by how popular this question is and the fact that most people who own bitcoin don’t have an answer to...

What are bitcoins backed by?

One question that many people ask is what backs Bitcoins and gives them value. This question arises because most of our currencies are backed...

Is Bitcoin a Ponzi scheme?

This is a question that we get a lot. People who have just heard of bitcoin look at the crazy returns it given on...

I Want To Mine Bitcoins, Where Do I Start?

The success of bitcoins and other cryptocurrencies during the last couple of years has meant that we have a lot of new investors taking...

Bitcoin – Will it Crash or Reach 1 Million?

Cryptocurrencies have been the subject of many of the news headlines in recent times. They’ve seen a massive surge in their values and investors...

Why Bitcoin is Legal – What Does it Represent?

Amidst the rise in its popularity and growing widespread usage, Bitcoin has become a matter of concern worldwide. The digital form of currency has...

Can We Expect A Ban On Bitcoin?

Bitcoin is a peer-to-peer payment system that is decentralized and free from any regulatory control by the key financial authorities that define the values...