Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[HI-TEC99]

who of you made use of this service back then?
this site has somehow passed me by at that time...

There were many faucets back in the day but you only got very little (for that period) and needed to watch ads or wait a certain period of time.

You got 5 bitcoins from that faucet when it first started, and you didn't need to watch ads or wait. However 5 bitcoins was probably worth less than half a cent back then.

On June 23, 2010 Gavin added a CAPTCHA. He discusses it in this post.

https://bitcointalk.org/index.php?topic=206.msg1711#msg1711

back in 2011 when i started my interest in btc and before i started to gpu mine and receive actual btc i wanted to test my core wallet to make sure i knew how to receive btc and could create an address and play with how the wallet worked. so i remember getting some btc once from a faucet, maybe gavins as there were hardly any at that time. wish i could remember which one and how much.. thought it was less that 1 btc though.

but heres the thing. im still running and actively using the core wallet i created in june 2011...

Gavin's faucet was probably paying between 0.001 and 0.02 BTC in June 2011. All the pages between these two cover that month.

https://www.blockchain.com/btc/address/15VjRaDX9zpbA8LVnbrCAFzrVzN7ixHNsC?page=1156

https://www.blockchain.com/btc/address/15VjRaDX9zpbA8LVnbrCAFzrVzN7ixHNsC?page=1199

He gradually reduced the payout over the years.

[El duderino_]

[ChartBuddy]

Explanation

[goldkingcoiner]

This will be true once all Bitcoin are mined. Energy cannot be created or destroyed.

[vapourminer]

[faucets]

back in 2011 when i started my interest in btc and before i started to gpu mine and receive actual btc i wanted to test my core wallet to make sure i knew how to receive btc and could create an address and play with how the wallet worked. so i remember getting some btc once from a faucet, maybe gavins as there were hardly any at that time. wish i could remember which one and how much.. thought it was less that 1 btc though.

but heres the thing. im still running and actively using the core wallet i created in june 2011. and i cannot find that transaction. should of been the 1st transaction in the wallet.

now before i started mining to i do remember creating a few early test wallets as i want sure if i was doing it right, plus my internet sucked so bad i may of not waited for full sync, figured i did it wrong, and just ignored the early test wallets and created new ones. ergo that 1st transaction from an early faucet (gavins?) to my one of the early test wallet is likely lost.

however since i almost never delete anything i still wonder if i still have the early test wallets, as i have many early wallet.dats on my old backups. and im pretty anal about backups. so, one day, all those old early wallets copies will get plugged in and run against the blockchain. who knows maybe i will finally find out what happened to that early faucet transaction lol.

Did you feel 'early' or already kind of "late' when you entered in 2011?
I definitely felt 'late' in Q3 2013 and blamed myself for not acting upon reading about btc in Wired for the first time in Nov 2011 (at ~$2).
It was one of those "bitcoin is dead" articles, but i distinctly remember why I did not invest: it said that you have to use Linux or something to that extent (to run the chain and the wallet) and I had zero interest in Linux at the time (to my ignorant self circa 2011, it seemed kind of irrelevant, lol).

seemed pretty early to me  as the infrastructure was still pretty rudimentary. btw i was using windows, linux miners were a thing but many miners could run on windows by then. info was spread all over the place, bitcointalk was still the place to find most stuff and a lot was way over my head. and i was used to distributed computing (f@h) so i was already very comfortable building multi gpu rigs and running varied weird clients. but i still took a few weeks to wrap my head around miner software, mining pools, workers, wallets and all that. and that was just the btc side. getting actual fiat was another area that was a minefield. like i was no way doing kyc stuff with some of the rickity "exchanges" that existed then. mt gox needed dwolla, what fun. both are defunct now althiugh mtgox wound up being the ultimate hodl scenario lol. well kinda.

so thats a long winded way of saying judging based the infrastructure at the time, the learning curve, and finding things that actually worked.. well yea it did seem early to me. of course to OG guys lazlo and co, it was old hat by then. but to me i gotta admit getting it all up and running was amazing, to be part of the Grand Experiment.

its a lot easier for noobs to start nowadays. but there still be lots minefields around these parts.

[vapourminer]

back in 2011 when i started my interest in btc and before i started to gpu mine and receive actual btc i wanted to test my core wallet to make sure i knew how to receive btc and could create an address and play with how the wallet worked. so i remember getting some btc once from a faucet, maybe gavins as there were hardly any at that time. wish i could remember which one and how much.. thought it was less that 1 btc though.

but heres the thing. im still running and actively using the core wallet i created in june 2011...

Gavin's faucet was probably paying between 0.001 and 0.02 BTC in June 2011. All the pages between these two cover that month.

https://www.blockchain.com/btc/address/15VjRaDX9zpbA8LVnbrCAFzrVzN7ixHNsC?page=1156

https://www.blockchain.com/btc/address/15VjRaDX9zpbA8LVnbrCAFzrVzN7ixHNsC?page=1199

He gradually reduced the payout over the years.

sweet! thanks for that. gonna check it out.

the 1st few txs from my current wallet (my original 2011 wallet thats still in use) were from slush, so i must of been confident had figured it out then. so apparently i created a new wallet (the current one) at that point.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[AnotherAlt]

Better Version? Nah?

https://media.giphy.com/media/SGmAQn2UkmuF9VZHLp/giphy.gif

[Gachapin]

who of you made use of this service back then?
this site has somehow passed me by at that time...

Sadly, what faucets there were still operating were down to small fractions of bitcoin by the time I became aware.

I'd bet most of the wallets receiving those have been lost.

When BTC was around 100-200$, I remember someone sharing private keys at a certain time, and if you were quick enough you could transfer fractions of coins to your own key's address.  I think that event was actually announced on Bitcointalk..

Out of fun I got over 0.1BTC of it.  Some nice few thousand bucks today..


At that time, chain analysis tools to search for "tainted" coins from dark markets were still free to use. ...And of course, it turned out the coins given away were all "tainted"  

[ChartBuddy]

Explanation

[OROBTC]

...

Nice one, El-dude (#622602).  

Energy, we'll be hearing about that the rest of our lives.

[ChartBuddy]

Explanation

[Richy_T]

When BTC was around 100-200$, I remember someone sharing private keys at a certain time, and if you were quick enough you could transfer fractions of coins to your own key's address.  I think that event was actually announced on Bitcointalk..

Out of fun I got over 0.1BTC of it.  Some nice few thousand bucks today..


At that time, chain analysis tools to search for "tainted" coins from dark markets were still free to use. ...And of course, it turned out the coins given away were all "tainted"  

Indeed, way back in time, I posted a private key in the form of a QR code in the WO thread to celebrate something. Not sure how much was in it. Mine was not tainted, of course.

[ChartBuddy]

Explanation

[Gachapin]

When BTC was around 100-200$, I remember someone sharing private keys at a certain time, and if you were quick enough you could transfer fractions of coins to your own key's address.  I think that event was actually announced on Bitcointalk..

Out of fun I got over 0.1BTC of it.  Some nice few thousand bucks today..


At that time, chain analysis tools to search for "tainted" coins from dark markets were still free to use. ...And of course, it turned out the coins given away were all "tainted"  

Indeed, way back in time, I posted a private key in the form of a QR code in the WO thread to celebrate something. Not sure how much was in it. Mine was not tainted, of course.

Generous of you :-)
Every bit back than is now worth some rather serious change...

When I got that 0.1+ BTC, there were about 20 or more private keys posted. (Could have been 50 ... don't remember anymore)
Each address containing about 0.05BTC or so.  

Mind blowing that a 10$ piece of Bitcoin from that time got valued @ 6k-7k$ just some years later  ...and certainly more in the coming years..

[ChartBuddy]

Explanation

[AlcoHoDL]

who of you made use of this service back then?
this site has somehow passed me by at that time...

There were many faucets back in the day but you only got very little (for that period) and needed to watch ads or wait a certain period of time.

You got 5 bitcoins from that faucet when it first started, and you didn't need to watch ads or wait. However 5 bitcoins was probably worth less than half a cent back then.

On June 23, 2010 Gavin added a CAPTCHA. He discusses it in this post.

https://bitcointalk.org/index.php?topic=206.msg1711#msg1711

back in 2011 when i started my interest in btc and before i started to gpu mine and receive actual btc i wanted to test my core wallet to make sure i knew how to receive btc and could create an address and play with how the wallet worked. so i remember getting some btc once from a faucet, maybe gavins as there were hardly any at that time. wish i could remember which one and how much.. thought it was less that 1 btc though.

but heres the thing. im still running and actively using the core wallet i created in june 2011. and i cannot find that transaction. should of been the 1st transaction in the wallet.

now before i started mining to i do remember creating a few early test wallets as i want sure if i was doing it right, plus my internet sucked so bad i may of not waited for full sync, figured i did it wrong, and just ignored the early test wallets and created new ones. ergo that 1st transaction from an early faucet (gavins?) to my one of the early test wallet is likely lost.

however since i almost never delete anything i still wonder if i still have the early test wallets, as i have many early wallet.dats on my old backups. and im pretty anal about backups. so, one day, all those old early wallets copies will get plugged in and run against the blockchain. who knows maybe i will finally find out what happened to that early faucet transaction lol.

Nice story. You should definitely check those wallet.dats, you may be very pleasantly surprised...

[PoolMinor]

Someday WO/$ parity price will come again.




https://www.youtube.com/watch?v=Ff8h0knWAfI

[PoolMinor]

This will be true once all Bitcoin are mined. Energy cannot be created or destroyed.

All those Ethereum fanboys gonna get rekt when they realize the fiat value of their precious token was in the mining and not in the utility. The utility will still be there when it goes to POS but the price won't.