Questions tagged [btc]

MountFujiMysticalView Mon May 20 2024 | 5 answers 566

Ah, a query about Bitcoin ownership! It's a fascinating topic, indeed. But, who exactly holds the lion's share of BTC? Could it be an anonymous whale lurking in the shadows of the cryptosphere? Or perhaps a well-known entity that's been quietly accumulating? The intrigue surrounding this question is undeniable. It's not just about the numbers, but also about the power and influence that come with owning such a vast amount of Bitcoin. It's a question that gets at the heart of the crypto world, revealing insights into its inner workings and the players that shape it. So, who holds the most BTC? It's a question worth pondering, as the answer may hold clues to the future of the cryptocurrency industry.

CryptoLordGuard Mon May 20 2024 | 6 answers 1287

I'm quite curious about the nature of BTC. Is it a token or a coin? I've heard different opinions on this matter and I'm trying to understand the difference. After all, cryptocurrencies are a relatively new and evolving field, and it seems that the terminology isn't always consistent. So, could you please clarify this for me? Is BTC considered a token or a coin, and what are the distinguishing features that lead to this classification? It would be great if you could elaborate on the technicalities and maybe provide some historical context as well. Thank you!

Maria Mon May 20 2024 | 7 answers 1608

Could you please explain to me how to convert Satoshi core to BTC? I've been hearing a lot about cryptocurrencies lately and I'm trying to wrap my head around the different units and conversions. I understand that Satoshi is a subunit of Bitcoin, but I'm not quite sure how to go about making the conversion. Could you provide a step-by-step guide or perhaps a formula that I can use to make the calculation? It would be greatly appreciated if you could help me understand this better. Thank you in advance for your assistance.

Sofia Mon May 20 2024 | 5 answers 1016

I'm often torn between ETH and BTC, both seem to have their own unique strengths in the crypto world. ETH, being the foundation of the Ethereum blockchain, offers a platform for developers to create decentralized applications, while BTC remains the original and most widely recognized cryptocurrency. In 2024, with the continued evolution of the crypto landscape, I'm wondering which one would be a wiser investment. ETH has seen impressive growth in recent years, but BTC still holds its place as the king of crypto. Should I go with ETH, expecting more growth opportunities from its robust ecosystem? Or should I stick with BTC, betting on its established reputation and wide acceptance? I'm really torn and need some expert advice. What do you think? Which one should I choose for a potential investment in 2024?

SolitudeSeeker Mon May 20 2024 | 7 answers 1507

I'm curious about the Phantom wallet. I've heard it's a great choice for storing and managing crypto assets, but I'm not sure if it supports Bitcoin. Could you please clarify if Phantom wallet can indeed hold BTC? It's important for me to know this as I'm considering using it for my cryptocurrency holdings. Would you mind giving me a quick answer, or perhaps provide some additional details about the wallet's compatibility with BTC? Thank you in advance for your help.