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Author Topic: Happy 8th Birthday Bitcoin  (Read 2647 times)
davis196
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January 03, 2017, 07:11:04 AM
 #21

WOW 8 years and still going strong, heres to the next 80,  Grin

Happy bitcoin birthday to all the btc and cryptocurrency users,miners and holders.

Btc reached $1000,let`s hope that it will reach $2000 next year(or maybe this year). Smiley

marseille
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January 03, 2017, 07:54:35 AM
 #22

WOW 8 years and still going strong, heres to the next 80,  Grin

Happy bitcoin birthday to all the btc and cryptocurrency users,miners and holders.

Btc reached $1000,let`s hope that it will reach $2000 next year(or maybe this year). Smiley

Yes happy birthday... at $1000 now hope the next 8 years will take us to $10000 per bitcoin, which is certainly possible as bitcoin is in a big ascending phase, with more people joining the party.
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January 03, 2017, 07:59:32 AM
 #23

Happy 8th birthday bitcoin. Bitcoin changed my life and I can get more earning from bitcoin .
I hope This year will be nice year of bitcoin. Happy New Year to all of you.
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January 03, 2017, 08:02:19 AM
 #24

I didnt know the bitcoin has being around for eight long years,the times are flying by and i am getting old with the age of bitcoin.The price of bitcoin reached $1000 at the right time i guess.Hope the rally continues and if the so called experts are true then we would see further growth in the price of the coin but to be frank 8 years is a really short term for anything to get these sort of valuation and the growth it sustained is outstanding.
Gleb Gamow
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January 03, 2017, 09:45:12 AM
 #25

Some fun info, since everyone loves to learn!

Some of the things Satoshi picked were just educated guesses,

“My choice for the number of coins and distribution schedule was an educated guess. 
It was a difficult choice, because once the network is going it's locked in and we're stuck with it. 
I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that's very hard. 
I ended up picking something in the middle. 
If Bitcoin remains a small niche, it'll be worth less per unit than existing currencies. 
If you imagine it being used for some fraction of world commerce, then there's only going to be 21 million coins for the whole world, so it would be worth much more per unit. 
Values are 64-bit integers with 8 decimal places, so 1 coin is represented internally as 100000000.  There's plenty of granularity if typical prices become small. 
For example, if 0.001 is worth 1 Euro, then it might be easier to change where the decimal point is displayed, so if you had 1 Bitcoin it's now displayed as 1000, and 0.001 is displayed as 1”




On the initial release of Bitcoin,

In August of 2008 the domain name bitcoin.org was registered anonymously through anonymousspeech.com, which is the email SN used to communicate with others.
Around this time SN contacted others such as Adam Back and Wei Dai and Hal Finney and suggested they read a pre-release to the white paper. No copies of this pre-release (other than the abstract) are known to exist, the most likely candidate for keeping a copy was the late Hal Finney.
The abstract of this pre-release does not include the word bitcoin but instead this proposed white paper says “Electronic Cash Without a Trusted Third Party”





On October 31st, 2008 SN published the white paper on Bitcoin to a mailing list for cryptography through metzdowd.com. He later says he created the code before writing the white paper.
On November 9th the project is registered on SourceForge.net, a website used for open source software at the time. Sourceforge has since garnered a poor reputation, the Bitcoin code is currently hosted on GitHub. GitHub allows software developers to work together with ease, very helpful on open source projects.



The P2P foundation profile of him (SN) states he was in 2009 a 37 year old male who lived in Japan. By monitoring what date the age changed on his profile a birthday of April 5th 1975 was found.
 On April 5th 1933 FDR signed an order outlawing US citizens from holding gold, on January 6th 1975 sales of gold in the US were made legal again.



Jan 3, 2009: The Genesis Block is mined. Satoshi would wait another 6 days until Jan 9th to release the first version of the client, 0.1, to others.

Included in the coinbase data for the Genesis block is the message, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”



The first transaction happened on the 12th between SN and Hal Finney.



In October of 2009 the first exchange rate was established based on electricity costs to run miners at the time, $1 in electricity could be used to mine roughly 1,300 btc. That is 0.000769 cents per btc.

The first update, a release to version 0.2 and the first difficulty increase happened December 30th 2009 from 1 to around 1.1829. Within the next year the difficulty would rise to over 1,000.



SN contributed to the network for around a year. His last public post was on December 12th 2010 just a day after posting, “... WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.”

January 12, 1866 – The Royal Aeronautical Society is formed in London. (Think: To Da Moon!)
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January 03, 2017, 09:46:05 AM
 #26

Holy shit it's JAN 3 2017

Bitcoin was launched JAN 3 2009


It is really 8 years to precision.



Wow a lot of time has passed and I've been here 3 years or what? Definitely I would give anything to be able to be here 5 years earlier, so that now I could be a billionaire.

Fuck too bad, now I am a poor schmuck because I joined 5 years too late. Fuck fuck fuck.

What now? Should I wait until  1 BTC goes to 1 million $?

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January 03, 2017, 09:51:08 AM
 #27

Who would say that already 8 years has passed. I wish I entered the bitcoin world earlier but hope that bitcoin will continue to last for many years from now on. And what a great way to celebrate the birthday with such a great price.that seems keep rising even more in the near future.

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January 03, 2017, 12:08:34 PM
 #28

Indeed, Happy Birthday bitcoin & thank you to Satoshi for your creation. You have already made lots of us decent amounts of profit, please continue to do so Grin

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January 03, 2017, 12:39:00 PM
 #29

Happy 8th birthday bitcoin, you are one of the best inventions that happened to mankind for to make life easier and enjoyable. It is your time and your light has come, go ahead and shine and shine unending. All your enemies out there won't grow old   Cool Tongue

And here's saying congrats to Satoshi Nakamoto for being being such a master mind, the world is highly in need of people with like mind!
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January 03, 2017, 12:51:59 PM
 #30

8 years have passed and bitcoins that were considered having no future in the beginning is now a part of millions of users and mostly every newspaper has written about it and acknowledged this currency. There have been numerous amounts of bad reports as well concerning bitcoins but it stood strong and now the price itself shows how popular it is. When it fell to $200, many thought it would die soon but in a matter of 1 year, it just kept increasing and remained stable for almost all these months. I'm so glad am a part of this community and hope to see many new positive changes with regards to this currency. Happy Birthday, Bitcoin Smiley

SvenBomvolen
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January 03, 2017, 12:56:05 PM
 #31

   Happy birthday Bitcoin, this is the first time we are celebrating your birthday together, I hope the first out of many more. Look forward to the future for the best things are yet to come, in moments like this I really feel that bitcoin can rule the economy one day.
   "SN contributed to the network for around a year. His last public post was on December 12th 2010 just a day after posting, “... WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.”" How to understand this, what this means? Who are hornets and where they headed? I dont understand this analogy.
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January 03, 2017, 01:05:09 PM
 #32

Happybirthdaybitcoin.com is for sale Smiley

Make offer Wink

Create date 03 january 2016
Capradina
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January 03, 2017, 01:05:20 PM
 #33

Indeed, Happy Birthday bitcoin & thank you to Satoshi for your creation. You have already made lots of us decent amounts of profit, please continue to do so Grin

Yup, indeed we should should thank the creators of the bitcoin. Because with the emergence of the bitcoin now can we get a tremendous advantage, and in the bitcoin also our lives become better than ever. Yet it also thanks all hard work of satoshi satoshi, if no then our lives will not be changed because the sure emergence of bitcoin does not exist. Unfortunately this haven't we can do to give a big thank you fit the target. Hope always triumphs and have better growth and greater
 
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January 03, 2017, 01:05:50 PM
 #34

Happy birthday from Poland!
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January 03, 2017, 01:07:46 PM
 #35

8 Years are still infancy compared to other emerging technologies, so we have done a excellent job compared to other technologies that has been around for years. We have gone to the top performing currency or should I rather say commodity for the last couple of years and a market cap bigger than Twitter. It might be a bit early, but I think the Tween years will be our best years. ^smile^

The good news is most people think it's too late to buy bitcoin now, which means we are pioneers. Once FOMO kicks in and it goes to 10k+, the people that say 1k is too late will be hating themselves for life at the realization of how they missed the boat twice, from 0 to 1k then from 1k to 10k, but these people can never learn, they are the ones that miss on all the new exciting investments.
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January 03, 2017, 01:29:35 PM
 #36

When bitcoin was created the most optimistic supporters could not foresee its current price. On the contrary, I have the view that they would expect a greater adoption worldwide as payment system for goods or services instead of the way most of us we use it today; that is as a commodity for hoarding only. Anyway happy, 8th birthday bitcoin!
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January 03, 2017, 01:35:35 PM
 #37

Happy Birthday Bitcoin
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January 03, 2017, 02:20:31 PM
 #38

lol I didn't know that bitcoin is already 8 years on giving us a really great benefits . well I hope that there are many surprise to come brought by bitcoin and it would be having such a great value in the future .
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January 03, 2017, 02:26:01 PM
 #39

I just know that this is the month of the birth of bitcoin. but, I guess that's good, because, this way, bitcoin has survived until today, and at the birth of bitcoin, the back has a high price. Well, this may be a gift from bitcoin, because it has survived until today. I just hope the next birthday, the price is getting higher.

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January 03, 2017, 02:33:50 PM
 #40

Happy 8th years anniversary bitcoin. Cheers for the 8th year success and more anniversary to come.
Let us all celebrate the tremendous success and hoping for a positive ahead of the year and more years to come.
We all deserve this success so rock and roll.
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