Cryptocurrencies: A (Crazy) Decade in Review

[kryptqnick]

Cryptocurrencies: A (Crazy) Decade in Review

The Bitcoin whitepaper was published by Satoshi Nakamoto on October 31, 2008. The following decade brought the growth of an entirely new industry and it’s been a wild ride filled with wealth, sorrow, and drama. Flash crashes, hacks involving hundreds of millions of dollars, illegal online marketplaces for drugs and weapons, all of it has led the massive growing industry we now know. As we near the end of the decade in 2020, let’s take a look back at where crypto started and its journey to where it is today.

I've written a lengthy piece covering the highlights of the last decade for our industry. Please click here to read the full story! https://www.coygo.app/blog/posts/cryptocurrencies-a-crazy-decade-in-review/

It's not a bad overview, but it did not meet my expectations. It's about the name of the article. I thought it would be about some of the less famous yet very dramatic events and stuff like that, whereas it was really just a review of the main events. I got to say that up until now I did not know about some of them, and in some cases, I simply disagree with the chosen events and believe that some of the important ones are lacking. Oh, and the description of the pizzas' transaction is misleading since while it's one of the earliest famous transactions, it's not even close to being the first known transaction.

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[cryp24x]

Yes, this is really true. The review is quite realistic though it doesn't really say everything about what had happen. 10 years of good years and some years are really are crazy. We still have the chance to make it grow and we are still looking forward that those golden years will come back.

[adeandro]

Roller coaster - here's how I would call this decade.

[its-a-me-mario]

It's not a bad overview, but it did not meet my expectations. It's about the name of the article. I thought it would be about some of the less famous yet very dramatic events and stuff like that, whereas it was really just a review of the main events. I got to say that up until now I did not know about some of them, and in some cases, I simply disagree with the chosen events and believe that some of the important ones are lacking. Oh, and the description of the pizzas' transaction is misleading since while it's one of the earliest famous transactions, it's not even close to being the first known transaction.

I supposed I should have said "first transaction for goods", not just the first transaction so my bad! Unless there's another transaction for goods preceding that which I'm unaware of?

There were way too many events for me to include in here, so I had to pick and choose the ones that were either historically meaningful or entertaining. We could certainly write a full-length book about everything interesting that has happened since 2008.

[Wintersoldier]

Yes, this is really true. The review is quite realistic though it doesn't really say everything about what had happen. 10 years of good years and some years are really are crazy. We still have the chance to make it grow and we are still looking forward that those golden years will come back.

As we engage in newer years, bitcoin becomes increasingly active and more volatile, I can see that the decade for cryptocurrencies is quite comparable to heart beat in Intensive Care Unit when we all experienced too many ups and downs in the market price of many cryptocurrencies following bitcoin. But what important is that, with the decade, we have grown too far that many technology based on cryptocurrency and blockchain was already created that help people in their different fields to make work easier. More and more innovation will develop in the future and more and more adoption would take place as we come near to a better market price that awaits us In cryptocurrency especially in bitcoin.

[its-a-me-mario]

Yes, this is really true. The review is quite realistic though it doesn't really say everything about what had happen. 10 years of good years and some years are really are crazy. We still have the chance to make it grow and we are still looking forward that those golden years will come back.

But what important is that, with the decade, we have grown too far that many technology based on cryptocurrency and blockchain was already created that help people in their different fields to make work easier. More and more innovation will develop in the future and more and more adoption would take place as we come near to a better market price that awaits us In cryptocurrency especially in bitcoin.

We have come very far, but I think we're still early in the exploration phase. Lots of different types of dApps are being tried, some don't work or don't scale but some are very exciting, particularly the DeFi space. I look forward to when the technology has matured in another decade, right now it's not quite ready for mass adoption but I hope it will be by 2030.