JessicaVL (OP)
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Bitcoin, the OG cryptocurrency, turns 11 on 31 October. Over the past decade (and a bit), Bitcoin has inspired the advent of an entirely new industry based on the concept of decentralization. For its most fierce supporters, Bitcoin signals salvation – a way of beating the centralized financial systems and garnering freedom. A lot has happened over the last 11 years, so let’s break things down year by year and take a look at the rise of this incredible technology. https://www.youtube.com/watch?v=s4g1XFU8Gto2008On 31 October 2008, Satoshi Nakamoto released a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. The paper detailed modes of using a peer-to-peer network (a blockchain), to form a cryptocurrency that functioned outside of the boundaries of a central bank or authority. The paper was largely in response to the financial crisis that had occurred earlier in the same year, a recession which rocked the global financial markets. 20093 January 2009 saw the formation of the Bitcoin blockchain, when Satoshi Nakamoto mined the genesis block of Bitcoin (block 0), which had a reward of 50 BTC. The following text was embedded in the coinbase of this block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” Many people believe that this text refers to a headline that was published in The Times on 3 January 2009. It’s believed to act both as a timestamp of the genesis date, and a comment on the instability that was caused by fractional-reserve banking and, therefore, the global recession. SourceForge hosted the first open source Bitcoin client, which was released on 9 January 2009. On 12 January 2009, Hal Finney (one of Bitcoin’s earliest supporters) received 10 BTC from Satoshi Nakamoto in the world’s first Bitcoin transaction. 2010A major vulnerability in the protocol of the Bitcoin network was spotted on 6 August 2010. Transactions were not being properly verified before they were included in the blockchain, allowing users to essentially bypass the network’s supply restrictions of 21 million and create an infinite number of Bitcoins. This vulnerability came to a head when a hacker generated 184 billion Bitcoins, which they then sent to 2 addresses on the network. This was spotted within a number of hours, and the transaction was erased from the transaction log after the bug was fixed. 2011The Electronic Frontier Foundation began accepting BTC in January 2011, but shut down the program in June 2011 when concerns around the lack of legal precedent for new currency systems emerged. The EFF resumed accepting Bitcoin in May 2013. June 2011 also saw whistle-blowing site WikiLeaks begin accepting BTC, as a way for supporters to make anonymous donations. 2012September 2012 signalled the launch of the Bitcoin Foundation, which was intended to “accelerate the global growth of Bitcoin through standardization, protection, and promotion of the open source protocol”. In October 2012, it was reported by BitPay that more than 1000 merchants had started accepting Bitcoin as a payment processing service. In November, WordPress joined them. 2013In April 2013, Mt. Gox and BitInstant reported processing delays due to insufficient capacity. This resulted in the Bitcoin exchange rate dropping from $266 to $76 to $160 in the space of only 6 hours. In October 2013, roughly 26,000 BTC were seized from the website Silk Road by the FBI during the arrest of its alleged owner, Ross William Ulbricht. 29 October saw two companies, Robocoin and Bitcoiniacs, launch the world’s first Bitcoin ATM in Vancouver, Canada. 2014Early February saw Mt Gox, one of the largest Bitcoin exchanges at the time, suspend withdrawals citing technical issues. By the end of the month it had filed for bankruptcy protection, during reports that 850,000 BTC had been stolen during a hack of the exchange. In June 2014, Bitcoin’s hashrate exceeded 100,000 tera hashes per second for the first time. Microsoft began accepting Bitcoin for Xbox and Windows software purchases in December 2014. https://www.youtube.com/watch?v=SfiiF1zHWU42015Less than a year after the Mt. Gox fiasco, UK-based exchange Bitstamp declared that they would go offline to investigate a hack which resulted in roughly 19,000 BTC being stolen from their hot wallet. They remained offline for several days, before coming back with increased security measures. February 2015 saw the number of merchants accepting Bitcoin exceed a whopping 100,000. 2016In January 2016, Bitcoin’s hash rate exceeded 1,000,000 tera hashes per second. March 2016 saw the Cabinet of Japan recognize digital assets like Bitcoin as having a similar function to fiat currency, and Bidorbuy, South Africa’s largest online marketplace, launched Bitcoin payments for buyers and sellers. From March 2015 to September 2016, the number of Bitcoin ATMs doubled over the course of only 18 months. The 2016 halvening, saw miner’s reward for validating transactions halve, and heralded the arrival of 2017’s epic and record-breaking bull run. 20172017 was quite the year for Bitcoin. It continued gaining legitimacy among lawmakers and financial companies, with Japan and Russia both passing laws that legitimized cryptocurrencies existence in the mainstream. Bitcoin also underwent a hard fork on 1 August, splitting in Bitcoin (BTC), and Bitcoin Cash (BCH). 2017 saw the culmination of a historic Bitcoin bull run, when Bitcoin’s price reached an all time high of $20,089 USD, according to CoinMarketCap. 2018On 22 January 2018, South Korea introduced regulations requiring Bitcoin traders to disclose their identities, effectively implementing a ban on anonymous Bitcoin trading. 2018 was a bit of a rough year for Bitcoin , and cryptocurrencies in general, as the market plunged from the great highs of December 2017. 2019So here we are today: Bitcoin has made a solid recovery from it’s dismal 2018, and many analysts expect a bull run in the near future. Bitcoin has connected people and communities in a way that no technology has before. Bitcoin is the pioneer behind blockchain, that is helping build a more decentralized and fairer future. Ultimately, Bitcoin is a tool for freedom – and it’s not going anywhere. Happy Birthday Bitcoin – you’ve been good to us! https://www.etoro.com/blog/market-insights/happy-birthday-bitcoin/ |
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Wysi
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October 31, 2019, 06:50:31 AM |
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Bitcoin, the OG cryptocurrency, turns 11 on 31 October. Over the past decade (and a bit), Bitcoin has inspired the advent of an entirely new industry based on the concept of decentralization. For its most fierce supporters, Bitcoin signals salvation – a way of beating the centralized financial systems and garnering freedom. A lot has happened over the last 11 years, so let’s break things down year by year and take a look at the rise of this incredible technology. https://www.youtube.com/watch?v=s4g1XFU8Gto2008On 31 October 2008, Satoshi Nakamoto released a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. The paper detailed modes of using a peer-to-peer network (a blockchain), to form a cryptocurrency that functioned outside of the boundaries of a central bank or authority. The paper was largely in response to the financial crisis that had occurred earlier in the same year, a recession which rocked the global financial markets. 20093 January 2009 saw the formation of the Bitcoin blockchain, when Satoshi Nakamoto mined the genesis block of Bitcoin (block 0), which had a reward of 50 BTC. The following text was embedded in the coinbase of this block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” Many people believe that this text refers to a headline that was published in The Times on 3 January 2009. It’s believed to act both as a timestamp of the genesis date, and a comment on the instability that was caused by fractional-reserve banking and, therefore, the global recession. SourceForge hosted the first open source Bitcoin client, which was released on 9 January 2009. On 12 January 2009, Hal Finney (one of Bitcoin’s earliest supporters) received 10 BTC from Satoshi Nakamoto in the world’s first Bitcoin transaction. 2010A major vulnerability in the protocol of the Bitcoin network was spotted on 6 August 2010. Transactions were not being properly verified before they were included in the blockchain, allowing users to essentially bypass the network’s supply restrictions of 21 million and create an infinite number of Bitcoins. This vulnerability came to a head when a hacker generated 184 billion Bitcoins, which they then sent to 2 addresses on the network. This was spotted within a number of hours, and the transaction was erased from the transaction log after the bug was fixed. 2011The Electronic Frontier Foundation began accepting BTC in January 2011, but shut down the program in June 2011 when concerns around the lack of legal precedent for new currency systems emerged. The EFF resumed accepting Bitcoin in May 2013. June 2011 also saw whistle-blowing site WikiLeaks begin accepting BTC, as a way for supporters to make anonymous donations. 2012September 2012 signalled the launch of the Bitcoin Foundation, which was intended to “accelerate the global growth of Bitcoin through standardization, protection, and promotion of the open source protocol”. In October 2012, it was reported by BitPay that more than 1000 merchants had started accepting Bitcoin as a payment processing service. In November, WordPress joined them. 2013In April 2013, Mt. Gox and BitInstant reported processing delays due to insufficient capacity. This resulted in the Bitcoin exchange rate dropping from $266 to $76 to $160 in the space of only 6 hours. In October 2013, roughly 26,000 BTC were seized from the website Silk Road by the FBI during the arrest of its alleged owner, Ross William Ulbricht. 29 October saw two companies, Robocoin and Bitcoiniacs, launch the world’s first Bitcoin ATM in Vancouver, Canada. 2014Early February saw Mt Gox, one of the largest Bitcoin exchanges at the time, suspend withdrawals citing technical issues. By the end of the month it had filed for bankruptcy protection, during reports that 850,000 BTC had been stolen during a hack of the exchange. In June 2014, Bitcoin’s hashrate exceeded 100,000 tera hashes per second for the first time. Microsoft began accepting Bitcoin for Xbox and Windows software purchases in December 2014. https://www.youtube.com/watch?v=SfiiF1zHWU42015Less than a year after the Mt. Gox fiasco, UK-based exchange Bitstamp declared that they would go offline to investigate a hack which resulted in roughly 19,000 BTC being stolen from their hot wallet. They remained offline for several days, before coming back with increased security measures. February 2015 saw the number of merchants accepting Bitcoin exceed a whopping 100,000. 2016In January 2016, Bitcoin’s hash rate exceeded 1,000,000 tera hashes per second. March 2016 saw the Cabinet of Japan recognize digital assets like Bitcoin as having a similar function to fiat currency, and Bidorbuy, South Africa’s largest online marketplace, launched Bitcoin payments for buyers and sellers. From March 2015 to September 2016, the number of Bitcoin ATMs doubled over the course of only 18 months. The 2016 halvening, saw miner’s reward for validating transactions halve, and heralded the arrival of 2017’s epic and record-breaking bull run. 20172017 was quite the year for Bitcoin. It continued gaining legitimacy among lawmakers and financial companies, with Japan and Russia both passing laws that legitimized cryptocurrencies existence in the mainstream. Bitcoin also underwent a hard fork on 1 August, splitting in Bitcoin (BTC), and Bitcoin Cash (BCH). 2017 saw the culmination of a historic Bitcoin bull run, when Bitcoin’s price reached an all time high of $20,089 USD, according to CoinMarketCap. 2018On 22 January 2018, South Korea introduced regulations requiring Bitcoin traders to disclose their identities, effectively implementing a ban on anonymous Bitcoin trading. 2018 was a bit of a rough year for Bitcoin , and cryptocurrencies in general, as the market plunged from the great highs of December 2017. 2019So here we are today: Bitcoin has made a solid recovery from it’s dismal 2018, and many analysts expect a bull run in the near future. Bitcoin has connected people and communities in a way that no technology has before. Bitcoin is the pioneer behind blockchain, that is helping build a more decentralized and fairer future. Ultimately, Bitcoin is a tool for freedom – and it’s not going anywhere. Happy Birthday Bitcoin – you’ve been good to us! https://www.etoro.com/blog/market-insights/happy-birthday-bitcoin/Great piece of information and I appreciate your efforts to consolidate these data and yes bitcoin has been a boon to everyone and personally it has changed my life and standard of living with the kind of earning opportunity it has provided and I really would like to thank bitcoin and this bitcointalk.org forum for being a source of income for many other like me and providing numerous opportunities. I wish all the success ahead I know there will be hurdles and conspiracies like there had been in the past but bitcoin will overcome all those hurdle with much stronger than ever. |
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Herbert2020
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Activity: 1946
Merit: 1137
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October 31, 2019, 08:19:27 AM |
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Bitcoin, the OG cryptocurrency, turns 11 on 31 October.
just like birthday of a human which is not the date when they were conceived but instead the date when they came out of the womb, bitcoin's birthday is not the day when it was conceived (that is when paper was release) but instead when bitcoin came into existence meaning when the very first block was mined. and that date is in January. Bitcoin also underwent a hard fork on 1 August, splitting in Bitcoin (BTC), and Bitcoin Cash (BCH).
this is wrong. bitcoin never had any hard forks in 2017. it only had one fork which was a soft fork that enabled Segregated Witness on it. during 2017 however we had about 70 different altcoins that copied bitcoin's code and blockchain. BCH was one of 70 altcoins that did that. other examples are bitcoin private, gold, diamond, fast, lightning,... |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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CryptTech
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Activity: 328
Merit: 1
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October 31, 2019, 09:09:20 AM |
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Happy birthday
Oh, look at that, what he looked like when he was in beginning
Wallet bitcoin
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Cityhunter123
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October 31, 2019, 10:39:18 AM |
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Ahead of us there are even more joyful moments associated with bitcoin, I am sure of it.
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jootn2kx
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Estimated.Pro - Crypto Signals. Free.
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October 31, 2019, 12:27:53 PM |
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Bitcoin, the OG cryptocurrency, turns 11 on 31 October. Over the past decade (and a bit), Bitcoin has inspired the advent of an entirely new industry based on the concept of decentralization. For its most fierce supporters, Bitcoin signals salvation – a way of beating the centralized financial systems and garnering freedom. A lot has happened over the last 11 years, so let’s break things down year by year and take a look at the rise of this incredible technology. https://www.youtube.com/watch?v=s4g1XFU8Gto2008On 31 October 2008, Satoshi Nakamoto released a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. The paper detailed modes of using a peer-to-peer network (a blockchain), to form a cryptocurrency that functioned outside of the boundaries of a central bank or authority. The paper was largely in response to the financial crisis that had occurred earlier in the same year, a recession which rocked the global financial markets. 20093 January 2009 saw the formation of the Bitcoin blockchain, when Satoshi Nakamoto mined the genesis block of Bitcoin (block 0), which had a reward of 50 BTC. The following text was embedded in the coinbase of this block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” Many people believe that this text refers to a headline that was published in The Times on 3 January 2009. It’s believed to act both as a timestamp of the genesis date, and a comment on the instability that was caused by fractional-reserve banking and, therefore, the global recession. SourceForge hosted the first open source Bitcoin client, which was released on 9 January 2009. On 12 January 2009, Hal Finney (one of Bitcoin’s earliest supporters) received 10 BTC from Satoshi Nakamoto in the world’s first Bitcoin transaction. 2010A major vulnerability in the protocol of the Bitcoin network was spotted on 6 August 2010. Transactions were not being properly verified before they were included in the blockchain, allowing users to essentially bypass the network’s supply restrictions of 21 million and create an infinite number of Bitcoins. This vulnerability came to a head when a hacker generated 184 billion Bitcoins, which they then sent to 2 addresses on the network. This was spotted within a number of hours, and the transaction was erased from the transaction log after the bug was fixed. 2011The Electronic Frontier Foundation began accepting BTC in January 2011, but shut down the program in June 2011 when concerns around the lack of legal precedent for new currency systems emerged. The EFF resumed accepting Bitcoin in May 2013. June 2011 also saw whistle-blowing site WikiLeaks begin accepting BTC, as a way for supporters to make anonymous donations. 2012September 2012 signalled the launch of the Bitcoin Foundation, which was intended to “accelerate the global growth of Bitcoin through standardization, protection, and promotion of the open source protocol”. In October 2012, it was reported by BitPay that more than 1000 merchants had started accepting Bitcoin as a payment processing service. In November, WordPress joined them. 2013In April 2013, Mt. Gox and BitInstant reported processing delays due to insufficient capacity. This resulted in the Bitcoin exchange rate dropping from $266 to $76 to $160 in the space of only 6 hours. In October 2013, roughly 26,000 BTC were seized from the website Silk Road by the FBI during the arrest of its alleged owner, Ross William Ulbricht. 29 October saw two companies, Robocoin and Bitcoiniacs, launch the world’s first Bitcoin ATM in Vancouver, Canada. 2014Early February saw Mt Gox, one of the largest Bitcoin exchanges at the time, suspend withdrawals citing technical issues. By the end of the month it had filed for bankruptcy protection, during reports that 850,000 BTC had been stolen during a hack of the exchange. In June 2014, Bitcoin’s hashrate exceeded 100,000 tera hashes per second for the first time. Microsoft began accepting Bitcoin for Xbox and Windows software purchases in December 2014. https://www.youtube.com/watch?v=SfiiF1zHWU42015Less than a year after the Mt. Gox fiasco, UK-based exchange Bitstamp declared that they would go offline to investigate a hack which resulted in roughly 19,000 BTC being stolen from their hot wallet. They remained offline for several days, before coming back with increased security measures. February 2015 saw the number of merchants accepting Bitcoin exceed a whopping 100,000. 2016In January 2016, Bitcoin’s hash rate exceeded 1,000,000 tera hashes per second. March 2016 saw the Cabinet of Japan recognize digital assets like Bitcoin as having a similar function to fiat currency, and Bidorbuy, South Africa’s largest online marketplace, launched Bitcoin payments for buyers and sellers. From March 2015 to September 2016, the number of Bitcoin ATMs doubled over the course of only 18 months. The 2016 halvening, saw miner’s reward for validating transactions halve, and heralded the arrival of 2017’s epic and record-breaking bull run. 20172017 was quite the year for Bitcoin. It continued gaining legitimacy among lawmakers and financial companies, with Japan and Russia both passing laws that legitimized cryptocurrencies existence in the mainstream. Bitcoin also underwent a hard fork on 1 August, splitting in Bitcoin (BTC), and Bitcoin Cash (BCH). 2017 saw the culmination of a historic Bitcoin bull run, when Bitcoin’s price reached an all time high of $20,089 USD, according to CoinMarketCap. 2018On 22 January 2018, South Korea introduced regulations requiring Bitcoin traders to disclose their identities, effectively implementing a ban on anonymous Bitcoin trading. 2018 was a bit of a rough year for Bitcoin , and cryptocurrencies in general, as the market plunged from the great highs of December 2017. 2019So here we are today: Bitcoin has made a solid recovery from it’s dismal 2018, and many analysts expect a bull run in the near future. Bitcoin has connected people and communities in a way that no technology has before. Bitcoin is the pioneer behind blockchain, that is helping build a more decentralized and fairer future. Ultimately, Bitcoin is a tool for freedom – and it’s not going anywhere. Happy Birthday Bitcoin – you’ve been good to us! https://www.etoro.com/blog/market-insights/happy-birthday-bitcoin/I get where you are coming from, but this is more of a day when people found out about it, and not when it was born. It was born when the genesis block was mined. October 31st would be an equivalent of finding out that you're pregnant. |
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Darooghe
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October 31, 2019, 12:46:53 PM |
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The progress of Bitcoin and blockchain technology, the birth of many new coins and financial independence, the revolution in payment systems, and secured storing of info, the journey that changed many lives financially, began 10 years ago, and today we are celebrating it's success. Bitcoin grants us financial freedom and provides an alternative to the horrible slow, expensive, abusive and privacy invasive banking system. Bitcoin is one of the most important human inventions and definitely the most important one after the Internet. It's been interesting. thank you Satoshi, you impacted our (your) generation. |
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Ayiranorea
Sr. Member
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Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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October 31, 2019, 01:17:05 PM |
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Bitcoin, the OG cryptocurrency, turns 11 on 31 October. Over the past decade (and a bit), Bitcoin has inspired the advent of an entirely new industry based on the concept of decentralization. For its most fierce supporters, Bitcoin signals salvation – a way of beating the centralized financial systems and garnering freedom. A lot has happened over the last 11 years, so let’s break things down year by year and take a look at the rise of this incredible technology. https://www.youtube.com/watch?v=s4g1XFU8Gto2008On 31 October 2008, Satoshi Nakamoto released a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. The paper detailed modes of using a peer-to-peer network (a blockchain), to form a cryptocurrency that functioned outside of the boundaries of a central bank or authority. The paper was largely in response to the financial crisis that had occurred earlier in the same year, a recession which rocked the global financial markets. 20093 January 2009 saw the formation of the Bitcoin blockchain, when Satoshi Nakamoto mined the genesis block of Bitcoin (block 0), which had a reward of 50 BTC. The following text was embedded in the coinbase of this block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” Many people believe that this text refers to a headline that was published in The Times on 3 January 2009. It’s believed to act both as a timestamp of the genesis date, and a comment on the instability that was caused by fractional-reserve banking and, therefore, the global recession. SourceForge hosted the first open source Bitcoin client, which was released on 9 January 2009. On 12 January 2009, Hal Finney (one of Bitcoin’s earliest supporters) received 10 BTC from Satoshi Nakamoto in the world’s first Bitcoin transaction. 2019So here we are today: Bitcoin has made a solid recovery from it’s dismal 2018, and many analysts expect a bull run in the near future. Bitcoin has connected people and communities in a way that no technology has before. Bitcoin is the pioneer behind blockchain, that is helping build a more decentralized and fairer future. Ultimately, Bitcoin is a tool for freedom – and it’s not going anywhere. Happy Birthday Bitcoin – you’ve been good to us! https://www.etoro.com/blog/market-insights/happy-birthday-bitcoin/I get where you are coming from, but this is more of a day when people found out about it, and not when it was born. It was born when the genesis block was mined. October 31st would be an equivalent of finding out that you're pregnant. That's cool of you, from your quote it seems like it is the day when the pregnancy test report (Whitepaper) got published. Technically speaking if it was the day when the pregnancy got confirmed, then within two months of time the baby coming out to the world is a miracle. Normally from the day after confirmation at least it takes nine months to deliver the baby. Lol  |
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YuginKadoya
Legendary
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Activity: 3038
Merit: 1169
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October 31, 2019, 01:58:40 PM |
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Whoa! the start of a technology that has changed not all but many people lives including mine, well I have seen a thread on the past titled we should have a Bitcoin day, that I think was needed for other people that don't have any idea about the technology of Blockchain and Bitcoin, and to surely celebrate Bitcoin's birth, It is not necessary but I guess for enthusiast this is sure a thing and I guess if there are many enthusiasts we can help one another to make this day a reality,
but for the cryptocurrency that have to lead many other Altcoins, company, commodities, and other things that are tradable by Bitcoin I thing celebrating a remarkable technology is needed, so Happy Birthday, Bitcoin.
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electronicash
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Activity: 3094
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Eloncoin.org - Mars, here we come!
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October 31, 2019, 02:11:23 PM |
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its just the whitepaper that is released on this date but i guess we can consider this the birth. can't believe i wasn't here during this time, i have been working online during that time already and i should have a lot of time to read the whitepaper if its just being overly hype to me, i could have been here selling more pizza for everyone.
i probably share the same feeling to most of the investors who came too late. anyway, happy birthday BTC!
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"I could either watch it
happen or be a part of it"
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ChrisPop
Legendary
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Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
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October 31, 2019, 02:18:20 PM |
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Still it is a celebration date for the Bitcoin holders and enthusiasts. We all know that the whitepaper is the core foundation document of every crypto project. It describes the features, economic model and most important the mission of the cryptocurrency so Happy Whiteday Bitcoin and thank you Satoshi for getting this whitepaper beautifully done!
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bitcoinposts
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Activity: 448
Merit: 10
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October 31, 2019, 05:39:44 PM |
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This year bitcoin birthday is something special everyone are waiing for markets to recover so this birthday is special
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Hamphser
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October 31, 2019, 05:45:42 PM |
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The history of technology is quite fascinating specially with this cryptocurrency called bitcoin in a blockchain technology. Look how everyone's life changing because of this technology, the real innovation for the future money. I hope Satoshi would see this post and how long his project went to a life-changing experience.
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CryptTech
Copper Member
Jr. Member
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Activity: 328
Merit: 1
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October 31, 2019, 07:12:35 PM |
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Happy birthday
Oh, look at that, what he looked like when he was in beginning
Wallet bitcoin It is a transaction made by someone. And he sent 9.95 BTC. I wonder if the person who made this transaction would have guessed that the value of 10 BTC would be that much  Strange, there was no such transaction https://live.blockcypher.com/btc/address/19CncWdnU57yq4QHBNVPdScFB54JkPGu28/ |
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GreatArkansas
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Activity: 2324
Merit: 1354
CoinPoker.com
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November 01, 2019, 12:19:31 AM |
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I think it's just example for presentation of the Graphical User Interface(GUI) for the bitcoin client. Or maybe it is executed in testnet of Bitcoin network. Because I can see this picture or transaction information in different websites or blog sites which is totally similar on the image, like the address or description of the transaction and even the receiving address shown in the image. I saw here : https://bitcoin.stackexchange.com/questions/6029/current-bitcoin-symbol-who-designed-it-when-and-whyWhich is the first bitcoin icon was created by Satoshi Nakamoto. |
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Kyraishi
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November 01, 2019, 12:28:07 AM |
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That's a very detailed post, thank you for your efforts. Anyone else really interested why bitcoin was released on the night of halloween? It's pretty disappointing actually we don't see mini-bitcoin ghosts flying around going trick and treating. Probably just a demo/test version of the client, just to showcase what it looks like. Not sure if Satoshi was given 25 coins for testing software haha, just a little demo of the product.. |
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CryptoBry
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November 01, 2019, 02:35:34 AM |
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2013
In April 2013, Mt. Gox and BitInstant reported processing delays due to insufficient capacity. This resulted in the Bitcoin exchange rate dropping from $266 to $76 to $160 in the space of only 6 hours.
In October 2013, roughly 26,000 BTC were seized from the website Silk Road by the FBI during the arrest of its alleged owner, Ross William Ulbricht. 29 October saw two companies, Robocoin and Bitcoiniacs, launch the world’s first Bitcoin ATM in Vancouver, Canada.
2014
Early February saw Mt Gox, one of the largest Bitcoin exchanges at the time, suspend withdrawals citing technical issues. By the end of the month it had filed for bankruptcy protection, during reports that 850,000 BTC had been stolen during a hack of the exchange.
The past 11 years of Bitcoin can be described with many colorful adjectives: exciting, exhilarating, joyful, thrilling, pulsating, dead, resurrected, to name just a few, and some nouns like: roller-coaster, scam, ponzi, tulip, bubble, pump and dump, digital gold, bull run, again to name just a few. You can add your own list here. I am expecting that for the next 10 years or so, Bitcoin will still be defying the norms and be a big source of inspiration for the many. This may not be the perfect cryptocurrency that can be solving many humanity's ills but certainly Bitcoin is contributing something towards the overall development and history of humanity on this planet Earth. Will Bitcoin finally be recognized by many big governments of China, India, Russia and all countries in the years leading to 2029? Only time can tell but I hope they do... |
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kawetsriyanto
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Activity: 2240
Merit: 1090
Free Bitcoins Every Hour!
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November 01, 2019, 03:18:17 AM |
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No doubt that Bitcoin has proven its existence for years. Despite some negative issues and banning from several countries, the bitcoin continues to exist. What does it mean? It indicates that Bitcoin is always improving and adopted by more parties. As long as the community supports Bitcoin, It is definitely on the right track to the great future.
Happy birthday, Bitcoin. You deserve as the future currency and a top digital asset!!
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