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Author Topic: His timeline was way off but most of his predictions arrived....  (Read 1000 times)
Rival (OP)
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October 16, 2013, 04:08:57 PM
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Fun read. Maybe we should write up a new one...

http://www.thebitcointrader.com/2011/10/365-days-of-bitcoin.html

Tuesday, October 4, 2011
The Next 365 Days of Bitcoin
Day 1: Seeing an ad on his college dorm's notice board, a teenager downloads Bitcoin. His download is the 933,112th.

Day 2: Someone in L.A. buys a Mercedes SLK grill off of Craigslist, for Bitcoin.

Day 9: The estimated next Difficulty appears to bottom out. The long steady climb upward continues.

Day 11: A member of the Bitcointalk Forums reports that his Bitcoins have been stolen from Mt.Gox. No one cares.

Day 17: A Bitcoin is still worth $5. Conspiracy theories begin to propagate through the Bitcointalk Forums. The CIA is the primary suspect.

Day 18: Bitcoin hits $5.50. The CIA is the primary suspect.

Day 25: All-time Bitcoin client downloads hit 1,000,000.

Day 27: At least three people in the United States go out to Halloween parties dressed as Satoshi Nakamoto. Satoshi Nakamoto dresses up as Lady Gaga.

Day 29: The BitLotto jackpot hits 500 BTC, the largest ever.

Day 31: Bitcoin.com comes out of Beta. No one really notices, though Tradehill sign-ups begin to climb quickly as new users search for Bitcoin.

Day 39: On a Bitcoin poker site, the first 100-player non-freeroll tournament begins. The Bitcoin poker segment begins to pick up steam.

Day 41: The French courts declare Bitcoin a "virtual currency," subject to the same laws that govern fiat currencies. Bitcoin's value nearly doubles in less than a day.

Day 46: Greece officially defaults on its debt, starting a cascade of bank credit rating downgrades.

Day 59: In the freezing cold streets of Manhattan, the protest continues to grow; the protesters increasingly fed by food paid for with Bitcoins.

Day 61: Open-Transactions goes live, changing the way wallets are stored and traded, forever. Confirmation wait-times will eventually become a thing of the past.

Day 67: Bank runs begin in Europe. The Euro continues its downward spiral towards parity with the US dollar.

Day 71: The first Bitcoin point-of-sale devices go into operation in New York City.

Day 89: The Occupy Wall Street protests are now a nation-wide phenomenon. As the protesters increasingly shun the banks, Bitcoin becomes their predominant way of exchanging money amongst each other.

Day 91: Bitcoin Realty sells its first piece of property.

Day 92: A kid in Germany receives five Bitcoins for Christmas. He quickly blows them all on Dragon's Tale.

Day 94: The US Federal Reserve conjures over a trillion dollars out of thin air to help weaken the US dollar, as American exporters are getting hit hard by the increased strength of the currency.

Day 101: Gold continues to hit record highs in all currencies.

Day 106: Bitcoin has convincingly returned to its three-year up-trend, threatening to break the all-time high set in June, 2011.

Day 117: A major exchange is hacked. No Bitcoins are stolen, but the community is shaken.

Day 122: The Wall Street Journal publishes an article on Bitcoin, asking the question, "is it time for Bitcoin?"

Day 126: Bitcoin's value doubles over the course of three days.

Day 135: Ruxum finally comes out of beta. Backed by former banking executives, it gains significant marketshare among wealthy investors.

Day 141: Anderson Cooper spends Bitcoins, live on CNN; he buys lunch.

Day 156: As the global economic collapse crushes banks worldwide, bank runs begin in the United States.

Day 161: A new crypto-currency is unveiled. No one cares.

Day 166: Someone buys a burger at a national chain restaurant, using Bitcoin.

Day 176: Version 1.0 of the Bitcoin Client is released. After more than three years, Bitcoin is no longer in beta. The client is robust, feature-rich, and grandma-friendly.

Day 184: Bit-Pay holds a "Miss Bitcoin" beauty pageant.

Day 192: A Bitcoin Conference is held with over 500 attendees. There is major media coverage - for real.

Day 201: Over 1000 people, world-wide, now earn their primary take-home pay in Bitcoins.

Day 212: Satoshi Nakamoto reveals himself to the world, declaring Bitcoin to be his Magna Carta. The FBI picks him up for questioning. He will not be seen again for 22 days.

Day 219: The first Fortune-500 company starts accepting Bitcoin as a form of payment.

Day 234: Satoshi Nakamoto is released by the FBI and goes into hiding.

Day 266: An arrest is made - the first time the identity of a drug dealer, conducting business on Silk Road, has been determined. Bitcoin's value drops 10% in a matter of minutes.

Day 291: 90% of Bitcoin transactions are now completed with zero confirmations. The double-spend is almost unheard of.

Day 301: The Bitcoin network hits one peta-hash.

Day 310: An Eastern-European country officially recognizes Bitcoin as a legal currency to supplement its own.

Day 322: While gold's value is consistently increasing, Bitcoin has decisively out-performed gold for the year, making Roger Ver look like a pretty smart guy.

Day 330: The first major online retailer begins accepting Bitcoin.

Day 336: Chinese Bitcoin users out-number American Bitcoin users, for the first time ever.

Day 347: Bitcoin's value begins to rise quicker as the 210,000th block is approached.

Day 365: Someone's actual grandmother downloads Bitcoin. She is the 24,235,920th downloader. Gavin Andresen is pleased.


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October 16, 2013, 05:09:31 PM
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Day 266: An arrest is made - the first time the identity of a drug dealer, conducting business on Silk Road, has been determined. Bitcoin's value drops 10% in a matter of minutes.

Now this was accurate!
theonewhowaskazu
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October 16, 2013, 06:48:49 PM
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What is "open transactions", and how do they make wait times a thing of the past?

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October 16, 2013, 07:14:19 PM
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nice one, this guys list kicks ass!
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October 16, 2013, 07:36:54 PM
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Day 365: Someone's actual grandmother downloads Bitcoin. She is the 24,235,920th downloader. Gavin Andresen is pleased.


That will be the day!

more or less retired.
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October 16, 2013, 07:41:17 PM
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What is "open transactions", and how do they make wait times a thing of the past?

https://bitcointalk.org/index.php?topic=53329.0

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
theonewhowaskazu
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October 16, 2013, 08:06:49 PM
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What is "open transactions", and how do they make wait times a thing of the past?

https://bitcointalk.org/index.php?topic=53329.0

So, its basically just Inputs.Io?

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October 16, 2013, 08:13:46 PM
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What is "open transactions", and how do they make wait times a thing of the past?

https://bitcointalk.org/index.php?topic=53329.0

So, its basically just Inputs.Io?

No, not at all.

Try this:
https://en.bitcoin.it/wiki/Open_Transactions

Or this:
http://opentransactions.org/wiki/index.php?title=Main_Page

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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October 16, 2013, 08:14:46 PM
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What is "open transactions", and how do they make wait times a thing of the past?

https://bitcointalk.org/index.php?topic=53329.0

So, its basically just Inputs.Io?

what? how so?

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