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Author Topic: First Cryptocurrency?  (Read 3230 times)
alexsandria
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October 13, 2019, 10:43:18 AM
 #61

It's simply Bitcoin,y'all should stop the propaganda
Nope, it is not bitcoin. Bitcoin is just the first bitcoin to achieve triumph or success. There are other older cryptocurrency but they did not accomplished what bitcoin have accomplished. Maybe it is for the reason that it is bitcoin whose first introduced the decentralized idea whose other cryptocurrency do not.

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October 14, 2019, 03:48:42 AM
 #62

What is the First Cryptocurrency(First digital money)?

The first cryptocurrency is bitcoin but it is not the first digital money or cash. The first digital money or cash emerged in 1990s but sad to say most of theme gone bankrupt. The only remaining digicash or digital cash is Paypal and is still alive until today.

Bitcoin is the first digital money that uses blockchain technology. Then we called those currencies who use the said technology as cryptocurrency.

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October 14, 2019, 08:08:23 AM
 #63

Well based on my research bitcoin is really the first cryptocurrency and it was created on 2009, it is also the most successful cryptocurrency and there is no doubt thag bitcoin will continue to became more popular all over the world and the price of it can also rise above $20k again in the future.

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October 14, 2019, 08:48:29 PM
 #64

It's simply Bitcoin,y'all should stop the propaganda
Nope, it is not bitcoin. Bitcoin is just the first bitcoin to achieve triumph or success. There are other older cryptocurrency but they did not accomplished what bitcoin have accomplished. Maybe it is for the reason that it is bitcoin whose first introduced the decentralized idea whose other cryptocurrency do not.

One of the first attempts to create digital money was made in the Netherlands in the late 1980s. Gas station owners were fed up with being constantly robbed. This problem was so serious that it occurred to someone that it would be safer to store money on smart cards. Owners of freight companies could deposit money on these cards and give them to their drivers, and drivers paid gasoline using these cards.

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October 14, 2019, 10:15:55 PM
 #65

Not Bitcoin?

Nope. Bitcoin is just the first one that actually became decently successful and actually gained recognition everywhere. Most people just haven't heard of the past attempts for a global currency just because they weren't successful.

Read this: https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/

What made bitcoin survive is that it is decentralized. There is no central point which can be attacked and shut down.

Past attempts to create a digital currency all failed because they were not decentralized and/or because they couldn't solve double spending.

Bitcoin is the first peer-to-peer digital currency. Bitcoin is the first truly decentralized digital currency.
Bitcoin is super successful today because of these two things: A peer-to-peer network, and decentralization. 
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October 14, 2019, 10:47:55 PM
 #66

The first cryptocurrency is of course Bitcoin, which was first born in 2009 with blockchain technology.
Bitcoin is also the first decentralized cryptocurrency that made significant progress in digital technology.
I always remember the first time getting bitcoin for free, I got it from several faucets and sometimes from
give away. And I also remember the faucet claim could get 500-1000 satoshi, now only 8 satoshi once claim.

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October 14, 2019, 11:12:42 PM
 #67

What is the First Cryptocurrency(First digital money)?
Bitcoin is the first cryptocurrency or digital money. 2009 bitcoin out in the public. When the first i saw bitcoin price was only $1 per bitcoin. That is so cheap price i regret because i didn't buy bitcoin in that year. Maybe if i buy on that time I'm a millionaire now.
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October 15, 2019, 02:01:21 AM
 #68

What is the First Cryptocurrency(First digital money)?
Bitcoin is the first cryptocurrency or digital money. 2009 bitcoin out in the public. When the first i saw bitcoin price was only $1 per bitcoin. That is so cheap price i regret because i didn't buy bitcoin in that year. Maybe if i buy on that time I'm a millionaire now.
When I am new to crypto industry the first thing I have become interested is bitcoin. Several people experience bitcoin at a cheap price and didn’t get the chance to buy more at that time because who would have thought that price today become expensive.

Bitcoin is the first cryptocurrency and it becomes part of my daily life. We feel regrets when we remember those days seeing btc price at the cheapest price, but moving forward it’s not too late to accumulate more btc at this point.
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October 15, 2019, 04:03:41 AM
 #69

What is the First Cryptocurrency(First digital money)?

There is a difference between Cryptocurrency and Digital Money... If we think about it paypal was there before bitcoin, but that doesn't make it the first digital money because this one was the bank transfer. That was a digital move but on that point, they weren't moving cryptos.

And we can say the first Cryptocurrency was bitcoin.

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October 15, 2019, 04:10:12 AM
 #70

What is the First Cryptocurrency(First digital money)?
Bitcoin is the first cryptocurrency or digital money. 2009 bitcoin out in the public. When the first i saw bitcoin price was only $1 per bitcoin. That is so cheap price i regret because i didn't buy bitcoin in that year. Maybe if i buy on that time I'm a millionaire now.
You can buy now even the price is high compare to what the price what but has potential to increase its vallue for long term. if you are real supporters you will not be affraid about the price .
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October 15, 2019, 05:59:24 AM
 #71

What is the First Cryptocurrency(First digital money)?
Bitcoin is the first cryptocurrency or digital money. 2009 bitcoin out in the public. When the first i saw bitcoin price was only $1 per bitcoin. That is so cheap price i regret because i didn't buy bitcoin in that year. Maybe if i buy on that time I'm a millionaire now.
You can buy now even the price is high compare to what the price what but has potential to increase its vallue for long term. if you are real supporters you will not be affraid about the price .
I think that you need to buy cryptocurrency and Bitcoin for $ 8,000. This is a very good price. Many recently bought at 10,000-13,000 dollars. The market is developing every day and you need to invest in Bitcoin.
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October 16, 2019, 09:56:07 AM
 #72

What is the First Cryptocurrency(First digital money)?

The first cryptocurrency is bitcoin but it is not the first digital money or cash. The first digital money or cash emerged in 1990s but sad to say most of theme gone bankrupt. The only remaining digicash or digital cash is Paypal and is still alive until today.

Bitcoin is the first digital money that uses blockchain technology. Then we called those currencies who use the said technology as cryptocurrency.
I think that there is a company itself that is called digicash which I think is the first Digital currency as you said but cryptocurrency has never existed until bitcoin was established and introduced to the whole world, wherein, this is the only cryptocurrency that I have known to be the best and cannot be competed with.

A lot of coins has risen after bitcoin establishment and till now, not a single project that you find in this market has ever been able to take the place of bitcoin in the heart of people, so unlike the other first digital cash that failed, bitcoin as digital currency will never fail because it's fate has been sealed by its effectiveness, the strong attachment of it to people and the reward that also came along with it for those that believes in its usage.
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October 21, 2019, 11:11:24 AM
Last edit: October 21, 2019, 11:30:26 AM by riso2015
 #73


Yes, it is not Bitcoin, some just did not become successful compare to Bitcoin, but it's fine, no matter what, still thankful that we have crypto in our life that makes our life easier, comfortable and have the opportunity to earn besides our normal income, cryptocurrency brings a lot of opportunity in the whole world. Besides that, almost all crypto users and  uniting because of this as we are knowing each other, sharing thought via social media and telegram.
I never found another coin before Bitcoin was born, when Bitcoin was first born in 2009 and many people underestimated its existence, because it was still worthless, very cheap. But now Bitcoin has grown big and I am sure there will be greater development so that people will accept it.

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October 21, 2019, 01:04:42 PM
 #74

Bitcoin is not the first crypto currency, Someone tried to create the first crypto currency but it failed. This was done to protect a Gasoline Station from being robbed again. Because they are being attacked by thieves every night, they have to make a card where they can deposit money and pay for it so there is no fiat money in every transaction.

To my knowledge the second crypto currency is the blinded cash. It was made by an American named David Chaum.
 
And Decentralize Bitcoin has followed that which is really helping our lives today.
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October 21, 2019, 01:38:10 PM
 #75


Yes, it is not Bitcoin, some just did not become successful compare to Bitcoin, but it's fine, no matter what, still thankful that we have crypto in our life that makes our life easier, comfortable and have the opportunity to earn besides our normal income, cryptocurrency brings a lot of opportunity in the whole world. Besides that, almost all crypto users and  uniting because of this as we are knowing each other, sharing thought via social media and telegram.
I never found another coin before Bitcoin was born, when Bitcoin was first born in 2009 and many people underestimated its existence, because it was still worthless, very cheap. But now Bitcoin has grown big and I am sure there will be greater development so that people will accept it.
Because you never look for them and why would you mind to spend time finding other crypto before bitcoin when they are already dead and won’t even give you a penny not like bitcoin and other crypto now who’s generating you income from joining campaigns and trading as well

And you are right that there are lots of development will happen in future not only in bitcoin but the alternative currencies as well









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October 21, 2019, 01:46:47 PM
 #76

while bitcoin was not the first cryptocurrency in the full meaning of the word
the definitions are different , but lets take this one: "a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank"
there have been attempts to combine cryptography and money in many ways and forms
but bitcoin was the first one to combine cryptography,money AND decentralization to be successful
in most cases , the pioneers failed to provide a good solution , be it Bit Gold or B-money (whatever was the first one)

 

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October 21, 2019, 07:47:28 PM
 #77

What is the First Cryptocurrency(First digital money)?

Before the bitcoin, there were some digital currencies that failed along the run because they are centralized and subjects to many attacks. Bitcoin is only successful today because it is a peer-to-peer digital currency that is fully decentralized.

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October 21, 2019, 08:21:07 PM
 #78

What is the First Cryptocurrency(First digital money)?

Many people suppose that Bitcoin is the first cryptocurrency in the market but actually it is not like that. The first cryptocurrency was a different one and the name of it was DigiCash.

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October 21, 2019, 10:09:12 PM
 #79

When we talk about blockchain or cryptocurrency the first thing that we thinking about it is BITCOIN, without doubt BITCOIN is the first crypto we heated about it from Satoshi Nakamoto. I heard about it since 2009 but I don't give it any importance but in 2013 it became more famous and now everyone talk about it.
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October 21, 2019, 11:33:34 PM
 #80

while bitcoin was not the first cryptocurrency in the full meaning of the word
the definitions are different , but lets take this one: "a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank"
there have been attempts to combine cryptography and money in many ways and forms
but bitcoin was the first one to combine cryptography,money AND decentralization to be successful
in most cases , the pioneers failed to provide a good solution , be it Bit Gold or B-money (whatever was the first one)

 
I heard that digi cash was the first one, but BITCOIN was the famous one since 2008-2009 due to it's increasing while others still the same.
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