Bitcoin's Ups and Downs over the last 10 years

[cryptomarketyourself]

Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:

https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/


I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.

My top events:

2008: First whitepaper comes out by this random guy named Satoshi Nakamoto

2011: First big competitors such as Litecoin start to emerge

2013: First BTC ATM launches in a coffeeshop in Canada

2016: Steam videogame platform starts to accept BTC

2017: Bitcoin hits $19K.


What are your top/low moments?? 

[1713885102]

1713885102

[1713885102]

1713885102

[1713885102]

1713885102

[1713885102]

1713885102

[BrewMaster]

2011: First big competitors such as Litecoin start to emerge

there is never been anything "top" about a coin that copies bitcoin in my experience. not to mention that there are a lot of more important events that you missed from 2008 to 2011 such as first bitcoin transaction, the Pizza purchase with bitcoin, first price ATH, first big bitcoin bubble, first big crash. these last two are important since you are talking about ups and downs!

2016: Steam videogame platform starts to accept BTC

it wasn't the first so it is not important.
more important were the much bigger companies such as Microsoft to start accepting bitcoin.

[luigivessota]

Cool stuff - let's not forget about 2019. This has been the year of the massive comebacks leaving all those haters like Peter Schiff crying in a corner.

[marketingnerd]

I love 2017 not because of the 19K price accomplishment, but because Bitcoin topped the value of gold for the first time

[bobsav2121]

2010! The birth of coinbase!!!! First crypto exchange

[timcook]

2010: When the great Mr. Hanecz used BTC to pay for 2 pizzas. Damn to think that he paid 10,000 BTC for those 2 pizzass... Most expensive dinner ever!

[BrewMaster]

2010! The birth of coinbase!!!! First crypto exchange

there were at least a dozen other exchanges before coinbase. in fact Coinbase didn't even exist back in 2010, it was created 2 years later in 2012.
by the way the first bitcoin exchange was called bitcoinmarket.com which is no longer around.

Most expensive dinner ever!

it wasn't expensive since back then 10k bitcoin was worth around the same value as Pizzas. it is like saying 0.002BTC is too expensive today because bitcoin will some day be worth $1 million.

[Asmonist]

Yes the 2017 $19k is very fantastic. It really gives more excitement in cryptocurrencies and bitcoin as a whole. I think this year's had also ita lowest and that I also quite regret to not buying more. Anyway, it was really a tough 10 years ups and downs but the journey is still going on. There are lot of speculations or expectations and all I can say is to always hope for the best. I enjoy earning it so far and the future is just patiently waiting.

[alyssa85]

Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:

https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/


I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.

My top events:

2008: First whitepaper comes out by this random guy named Satoshi Nakamoto

2011: First big competitors such as Litecoin start to emerge

2013: First BTC ATM launches in a coffeeshop in Canada

2016: Steam videogame platform starts to accept BTC

2017: Bitcoin hits $19K.


What are your top/low moments?? 

2018: Steam videogame disables bitcoin because mempool delays are up to three weeks and fees have gone insane. Bitcoin tanks reaching $3400 in early 2019 before climbing back up to about $8000.

We're still dealing with the fallout of that debacle in late 2017/early 2018 over the mempool delays.

[Dart18]

April 2017 when Japan started regulating bitcoin.
That was a big blast for other countries.
Why would Japan do it. One of the most high technology in the world.
Another question is how they did it.

We may know by now that many countries are still against the bitcoin technology. They just want to control the financial system and to avoid people from having freedom and privacy. Pfft.

[Velkro]

2010: When the great Mr. Hanecz used BTC to pay for 2 pizzas. Damn to think that he paid 10,000 BTC for those 2 pizzass... Most expensive dinner ever!

At this particular time, 10 000 BTC was worth exactly 2 pizzas.
It can be hard to imagine now, but then bitcoin tried to gain any value at all, it was just project like many that never gained traction and people didnt use it. But it did

[Baofeng]

I wouldn't categorically call Satoshi a random guy.

Low moments? Mt. Gox heist, up to this day, settlement is still on-going. So this ghost in the past is still haunting us all.

I also say that Litecoin is not a competition to Bitcoin, remember that Litecoin uses almost the same code of  Bitcoin as far as I know, so it's too complement and not to compete.

[nelson4lov]

2010: When the great Mr. Hanecz used BTC to pay for 2 pizzas. Damn to think that he paid 10,000 BTC for those 2 pizzass... Most expensive dinner ever!

The Bitcoin Pizza day is one of my favorite Bitcoin moments and there's a lot of lessons to be learnt. It does reflect how we make decisions. The guy who sold 10000 BTC is no different from everyone who dumped all their Bitcoin holdings between November 2018 to January 2019 for =>3200. Early adopters will benefit. A decade from today, we should be part of the selected few to enjoy if we make the right decisions about our assets or we'll be just like Hanyecz.

[aardvark15]

Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:

https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/


I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.

My top events:

2008: First whitepaper comes out by this random guy named Satoshi Nakamoto

2011: First big competitors such as Litecoin start to emerge

2013: First BTC ATM launches in a coffeeshop in Canada

2016: Steam videogame platform starts to accept BTC

2017: Bitcoin hits $19K.


What are your top/low moments?? 

For me the things I remember are the price bubbles in 2013 and 2017 and the subsequent crashes.  A couple of other big moments are the collapse of the exchange MtGox and the exchange Cryptsy.

[kolonel_x]

2017: Bitcoin hits $19K.

In 2017 many people were happy because bitcoin reached $ 20k that year, but on the 10th birthday of bitcoin it declined even worse I think this is the lowest moment for me because I know that experts continue to predict bitcoin will reach $ 19k this year.

[abel1337]

2017: Bitcoin hits $19K.

In 2017 many people were happy because bitcoin reached $ 20k that year, but on the 10th birthday of bitcoin it declined even worse I think this is the lowest moment for me because I know that experts continue to predict bitcoin will reach $ 19k this year.

There are many unsightly pumps that happened this year and we have experienced a dump on the anniversary of this forum. It shows that the volatility of bitcoin is very high that we can't predict it before it happens. It's true that there are many people still believing that bitcoin will reach another all-time high at the end of the year. There are many who are hoping to, even me. I recently bought bitcoin on the last dump and I'm all set and waiting for the next pump 

[jekainvestor]

Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:

https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/


I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.

My top events:

2008: First whitepaper comes out by this random guy named Satoshi Nakamoto

2011: First big competitors such as Litecoin start to emerge

2013: First BTC ATM launches in a coffeeshop in Canada

2016: Steam videogame platform starts to accept BTC

2017: Bitcoin hits $19K.


What are your top/low moments??  

My top moment was in 2017, and not only because of the growing price of thr BTC, but because of rising prices of huge amount of altoins as well. All alts were on their top success, and it was like yesterday you get or buy some coins and some days after or even tomorrow you get the real big amount on your wallet. And there were so many moments like that, people even did not catch this rising, because there were lots of rising coins. It was easy to earn a lot in a short period of time. The worst year was 2018 when the whole market started to fall down...

[Hamphser]

Yeah steam accepted bitcoin for payment options but when the bull run starts they later on remove it because they can't afford to pay the transaction fees. I think that was my low moments that I remembered so far.
After that the bitcoin price reached the $20,000 there is a massive fallback happening then due to the price correction.

[EdenHazard]

it wasn't expensive since back then 10k bitcoin was worth around the same value as Pizzas. it is like saying 0.002BTC is too expensive today because bitcoin will some day be worth $1 million.

Exactly.

The bitcoin ups and downs itself giving us a painful memory when you made a purchase at the time when bitcoin value far lower than the current value.
For example I was paying my internet bills back in 2014 with  0.2 bitcoin monthly that time bitcoin value is at around $500 and my internet bill was only $100 , it's worth $1,400 now!
And guess I bought a car ... with around 25 bitcoin! That time worth around $13,000 . I should have a McLaren now with that 25 bitcoins!

This kind story will always made everyone's day, bring it on!

[YuginKadoya]

I like the year when someone buys pizza with Bitcoin that one is an epic, but the pretty much important part is the year when Bitcoin is introduced to us, but as for myself only I think the ups and down to Bitcoin is the people that are trusting it and making it the way it is right now because without us Bitcoin will be nothing in my opinion.

So I guess the part where we establish bitcoin to our life is the most important thing here where your friend or you had known and started earning Bitcoin, Or you had known this forum Bitcointalk and made an account to it, I guess that was the most sentimental years that I have been my first earning with Bitcoin, I guess the ups and downs of Bitcoin is having us the enthusiast that keep on supporting it.