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Author Topic: Happy 13th Birthday, Bitcoin. You are a teenager now!  (Read 715 times)
JaanusRaim (OP)
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January 03, 2022, 12:01:09 AM
Merited by LFC_Bitcoin (1), tyz (1), romero121 (1), Rruchi man (1)
 #1

For this important milestone you have achieved many things...

You have more than 100 million owners.

You are a legal tender of a country (El Salvador).

90% of Americans have heard about you.

Your market cap is around one trillion USD (it is close to the biggest companies and only 10 times less than the market cap of gold).   

Your price has increased about 50 million times (from 0.001 USD to 50 000 USD). 


Not bad for this short time period (3 January 2009 - 3 January 2022).
nullama
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January 03, 2022, 01:13:01 AM
 #2

Also more than 90% of it has been already mined.

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January 03, 2022, 01:19:43 AM
 #3

If this is its case after 13 years, imagine what another 10 years bring, and unlike it was before, Bitcoin right now has been cleared to some kind of Ponzi scheme and scam investment like others have claimed in the past. everything about it is good news right now. In that case, all we can speculate in the price will furthermore increase and we just don't know up to how much it will cost because, after all these years, it will gonna fully reach its final ATH someday.

Fundamentals Of
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January 03, 2022, 02:33:15 AM
 #4

That was a short time indeed and Bitcoin has made a lot of achievements already. Bitcoin is an overachiever. In fact, it was already a huge success that Bitcoin got known after just being talked about by a few underground people. If we compare Bitcoin to a person, he must be a child prodigy. And take not that Bitcoin became what it is now despite very strong odds. It was Bitcoin against the world of powerful governments, banks, and fiat institutions. But this is just the start. There's more to reach as Bitcoin grows.
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January 03, 2022, 02:50:52 AM
 #5

Didn't think of BTC being recognized in age groups. But it is somewhat true. Not near adulthood yet but getting there.
As with all kids there are growing pains to endure watching them grow up.. and there certainly has been alot of them.
Just watching a documentary about one of them, to do with a rather big exchange which went down 3 years ago and took all their users money with the owner who mysteriously died in India.
That just goes to show you to be careful with your cryptocurrency and only "In code we trust!".

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January 03, 2022, 03:15:26 AM
 #6

It's been a long journey to be honest, from obscurity and started not an asset, and then slowly grows in the next ten years or so. So it was really remarkable to see it in 2022 and more people are recognizing it globally as now one of the best asset. So I'm expecting that it will continue it's march in the next 13 years. But it will not be a smooth sailing that's for sure, maybe will continue to attack it specially old and traditional investors and will call it all sort of names to downplay it.

@rdbase - I think it was Cotten of QuadrigaX exchange?

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January 03, 2022, 03:16:53 AM
 #7


Good to be aware that Bitcoin is now officially 13 years old...must already have crushes on the horizon being a teenager lol. Indeed, in such a short period of time of its evolution and history, Bitcoin achieved many things as compared to other big organizations we are familiar with. And in the next coming years, am sure there can be more colorful things to happen in, around and with Bitcoin. While many people can be thinking that Bitcoin will be dying soon or that it will get into zero, Bitcoin will survive those predictions and can be more valuable than many banks combined. Of course, last year its crowning glory was when it became a legal tender of El Salvador - hope some other countries will be following the same or at least make Bitcoin legal in their territories.


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oudomopo
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January 03, 2022, 03:34:26 AM
 #8

I had a tough time investing Bitcoin in late 2021. I started investing this crypto about a month ago. (Yes I'm new here.) I was off to a bad start. In the beginning, The crypto had suffered the worst drop in Crypto history. I immediately lost $300 of my investments because bitcoin tumbled 10k. When I started investing bitcoin a month ago, It was 56k but now, it's 47k as I'm writing this. So far, I had lost $100 more from the dip to now. I'd gotta say that I love bitcoin and It's making the bitcoin veterans rich. Bitcoin started off with a piece of paper to a massive crypto investing fanbase in just 13 YEARS!!!!!!!!
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January 03, 2022, 03:46:51 AM
 #9

If this is its case after 13 years, imagine what another 10 years bring, and unlike it was before, Bitcoin right now has been cleared to some kind of Ponzi scheme and scam investment like others have claimed in the past. everything about it is good news right now. In that case, all we can speculate in the price will furthermore increase and we just don't know up to how much it will cost because, after all these years, it will gonna fully reach its final ATH someday.
I don't think it'll have a final ATH, because if that happens furthermore it loss its importance of unpredictability. With time through increasing adoption we can experience low volatility. Through these many years it has reached big, and has made changes in millions of people's life. By this time it is a must to remember our forum "Bitcointalk" that has done a great work in the spread about bitcoin.

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January 03, 2022, 04:07:38 AM
 #10

happy 13th anniversary of bitcoin, anyone in this forum who has accompanied and played bitcoin for 13 years, how lucky it would be if someone in this forum has played bitcoin for 13 years, if you have played bitcoin for 13 years , you are a legend to us, thank you to everyone in this forum, who has been willing to guide me, and has been willing to strengthen my mentality to continue to survive in bitcoin, even though you did not teach me directly but all of you in this forum my best teacher, for bitcoin happy birthday, hopefully in the future bitcoin will be more loved and more popular in all circles, thanks also to satoshi who has opened my eyes about bitcoin..

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January 03, 2022, 04:46:22 AM
 #11

For this important milestone you have achieved many things...

You have more than 100 million owners.

You are a legal tender of a country (El Salvador).

90% of Americans have heard about you.

Your market cap is around one trillion USD (it is close to the biggest companies and only 10 times less than the market cap of gold).   

Your price has increased about 50 million times (from 0.001 USD to 50 000 USD). 


Not bad for this short time period (3 January 2009 - 3 January 2022).
All of the mentioned statistics are valid and legit , and i cannot say anything against this.

But 100 million Owners ? how can we distinguish this? because i believe that not all wallets represents ownership because one person can have hundreds or even thousands of wallets meaning this is a different approach .

But of course this is a cause for celebration , HAPPY 3th Bday Bitcoin.

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Obito
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January 03, 2022, 05:01:25 AM
 #12

If this is its case after 13 years, imagine what another 10 years bring, and unlike it was before, Bitcoin right now has been cleared to some kind of Ponzi scheme and scam investment like others have claimed in the past. everything about it is good news right now. In that case, all we can speculate in the price will furthermore increase and we just don't know up to how much it will cost because, after all these years, it will gonna fully reach its final ATH someday.
The scammers aren't just as active as they were back in the day so I really don't think that we will probably get rid of them totally. We don't need to speculate that the price will go up, it will be a guarantee that the price will go up, it's not a matter of if but when. I don't think we might see a final ATH though, it implies that the market will eventually end.
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January 03, 2022, 05:58:05 AM
 #13

Sometimes i am amazed to see how far we have come over all these years like few years back it was just limited to some of us and only a handful people have heard about it but now it's the most common crypto currency globally and whenever someone heard about crypto the first thought that come in mind is bitcoin.There are so many people who have invested and accepted btc till now and 90% of supply has been mined and rest will take more then century to mine till 2140.

Respect to Satoshi for creating something that was capable of bringing financial revolution to the world and breaking up the Central authority of chains.Happy birthday bitcoin to all of us.

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January 03, 2022, 07:29:49 AM
 #14

For this important milestone you have achieved many things...

You have more than 100 million owners.

You are a legal tender of a country (El Salvador).

90% of Americans have heard about you.

Your market cap is around one trillion USD (it is close to the biggest companies and only 10 times less than the market cap of gold).   

Your price has increased about 50 million times (from 0.001 USD to 50 000 USD). 


Not bad for this short time period (3 January 2009 - 3 January 2022).
All of the mentioned statistics are valid and legit , and i cannot say anything against this.

But 100 million Owners ? how can we distinguish this? because i believe that not all wallets represents ownership because one person can have hundreds or even thousands of wallets meaning this is a different approach .

But of course this is a cause for celebration , HAPPY 3th Bday Bitcoin.

It doesn't matter the stats of the ownerships count is true or not, if it's false maybe it's just missed couple hundred thousands and the real numbers is still around those because it's already worldwide and still growing strong till today.
We can't wait what will be achieved in the next 10 years, we are the lucky people who already involved in bitcoin's evolution since right now. I'm sure it will be even bigger in the future.

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January 03, 2022, 10:02:18 AM
 #15

Those are facts and there have been estimated million in the quantity that is lost forever, they're considered burned bitcoins, burnt money that will stay on it no matter what it's valued.

Also more than 90% of it has been already mined.
This is note-worthy. People should understand the importance of its supply. 90% has been mined and many have been lost forever. Big companies stock as much as they can. If they're doing it, we should also do it even for smaller amounts. Bitcoin is becoming scarce year by year and let's not forget about halving too.

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January 03, 2022, 05:03:18 PM
 #16

For this important milestone you have achieved many things...
~Snipped~
If I were you, I would've included sources for every single one of those, so newcomers could have something as a backstory!

But 100 million Owners ? how can we distinguish this? because i believe that not all wallets represents ownership because one person can have hundreds or even thousands of wallets meaning this is a different approach .
Exactly, there's no way to accurately measure it and I had no luck in finding a source that mentioned BTCitcoin has that many users/owners, but I found a couple of articles for "cryptocurrencies [link #1 and link #2]" as a whole!

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January 04, 2022, 05:53:32 AM
 #17

Good news, 13 years goes by so fast with all the things we've been through. At the beginning of the emergence of bitcoin, many considered ponzi schemes, fraudulent investments and the like. But look what we have achieved now, a lot of people are living from here. I hope we don't settle for how we feel right now. But this is a motivation to achieve further success.

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January 04, 2022, 06:30:58 AM
 #18

I’m not trying to nit-pick or anything like that, but I believe Bitcoin’s birthday is actually on January 8. Nevertheless, Happy Birthday Bitcoin! May the world be kinder to you in your teenage years, and may those hormones not disturb the normal cycles during the next halving. Cool

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January 04, 2022, 07:36:23 AM
 #19

Its kinda funny at least for me to say to an asset that it is a "teenager" since that word is mostly being used to young kids.
Anyway, if you compare to how fiat evolved Vs. how Bitcoin and crypto evolved you will see that many happened in such a short amount of time.

Bitcoin has been there for around 13 years only but it went up very high and its popularity is still increasing. Though many people aren't investing on it, the fact that they know something about Bitcoin is only a good thing since there is a chance that they might change their mind therefore they will invest into it.

Either way, I agree with what others had posted here that you should post some sources into what you are saying OP because without evidences most of what you said might be false. Stay longer Bitcoin and hope you will have pubic hairs in the succeeding years Cheesy.

 
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January 04, 2022, 07:53:24 AM
 #20

For this important milestone you have achieved many things...

You have more than 100 million owners.

You are a legal tender of a country (El Salvador).

90% of Americans have heard about you.

Your market cap is around one trillion USD (it is close to the biggest companies and only 10 times less than the market cap of gold).   

Your price has increased about 50 million times (from 0.001 USD to 50 000 USD). 


Not bad for this short time period (3 January 2009 - 3 January 2022).
All of the mentioned statistics are valid and legit , and i cannot say anything against this.

But 100 million Owners ? how can we distinguish this? because i believe that not all wallets represents ownership because one person can have hundreds or even thousands of wallets meaning this is a different approach .

But of course this is a cause for celebration , HAPPY 3th Bday Bitcoin.

It doesn't matter the stats of the ownerships count is true or not,
It does matter because we are talking about statistics here , and having that we must not mislead people from believing in something that is not in existence .

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if it's false maybe it's just missed couple hundred thousands and the real numbers is still around those because it's already worldwide and still growing strong till today.
then Best to Put in details the word (Approximately) that will clear the thread and will not lure people in wrong beliefs .

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We can't wait what will be achieved in the next 10 years, we are the lucky people who already involved in bitcoin's evolution since right now. I'm sure it will be even bigger in the future.
Agreed on that, 10 years is another long waiting but surely worth a wait for all of us.

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