Davidvictorson (OP)
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October 18, 2022, 05:36:29 PM |
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It's a good day for bitcoin today. Each bitcoin win should be celebrated because it was a victory against naysayers, haters, and those who wants bitcoin to die. Today, Guinness World Records have added Bitcoin and other blockchain events in its latest record book under a brand-new category called “Cryptomania". Bitcoin was included in the 2023 edition as the most valuable crypto with a market capitalization of $816.69 billion as well as being recognised for being the world’s first decentralised cryptocurrency after it launched in early 2009. CoinMarketCap reports that, Bitcoin’s market cap stood at $372,316,153,554. In addition, El Salvador also features in the book as the “first country to adopt Bitcoin as legal tender” last year. Nothing can stop bitcoin now Source
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Vaskiy
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October 18, 2022, 09:32:25 PM |
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Bitcoin into the Guinness World Records adds value. Having a separate category can add more technology based innovation to the category. In the future we can see Guinness World Records being added to the blockchain, so that no data manipulation takes place.
The best part is El Salvador getting into the Guinness World Records book as the first nation to adopt bitcoin as legal tender.
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nullama
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October 18, 2022, 11:37:43 PM |
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It was hoped that this move, which was condemned by the World Bank, would reduce the cost of international transfers — an important consideration for a country that is reliant on money sent home by workers overseas. I think this is going to be one of the most important aspects when thinking about countries adopting Bitcoin as legal tender. Poorer countries spend lots of money in fees paid to overseas companies just to let them move their money. With Bitcoin they can transfer money worldwide with minimum fees. This is truly a game changer. The problem is, of course, those companies don't want Bitcoin to be adopted in those countries. So they'll do anything they can to stop it. They can't stop Bitcoin itself, so they try to convince people that Bitcoin is bad. It's great to see El Salvador to make this huge step forward. Others already started following, like the Central African Republic.
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Sandra_hakeem
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October 18, 2022, 11:45:47 PM |
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Well said....all through the long run, there have been alot of obstacles but, atleast -- I know that Bitcoin's achievement over time, added to the world Guinness record doesn't make too much diversified sense - from its current state -- but that will be a good wall of Fame for an elevation, prolly, overtime.
It shows its prowess, providence and stability (not in terms of the the market structure, cus that's absolutely volatile) but in terms of steadiness and dependency; alot have left their wealth in here, as a store of value and -- apart from some appreciation or depreciation, nothing changed. It deserves even more accolades. Well, that's just the beginning of the trail- line.
Sandra 💇
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kawetsriyanto
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October 18, 2022, 11:54:59 PM |
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We must be proud that Bitcoin is recognized as " the first decentralized crypto" by Guinness world records. It proves that people already think that Bitcoin is already something important in our life, haters have no chance to claim Bitcoin will be over soon. I just can't wait for another record to achieve by Bitcoin once it becomes the first crypto to be legally accepted as a means of payment in all countries in the world. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Regarding El Salvador, they deserve to call " the first country to become a pioneer for crypto massive adoption in the future".
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DapanasFruit
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October 19, 2022, 12:50:26 AM |
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Wow...this is a big good news for Bitcoin and the people/community who continue supporting the King of all cryptos. Getting into Guinness adds more credibility and recognition to the original cryptocurrency which many people think should have no place in our society...but contrary to their wish Bitcoin is getting more and more accolades as time goes on. I am sure that 2023 will be another banner year for Bitcoin in terms of getting more into the mainstream, recognition and acceptance especially from those who thought that this is just another joke...and hopefully next year it will also be rising in value reaching a new ATH if possible.
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tbct_mt2
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October 19, 2022, 01:43:59 AM |
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The marketcap figure is not correct if we know there are many bitcoins have been lost since 2009 and very most likely those bitcoins won't be recovered.
We can not know the exact number of lost bitcoins so that we can not calculate the absolute marketcap of total bitcoins left in circulating supply. Anyway it is still good to have a rough number for Bitcoin marketcap as it somewhat shows how big or small Bitcoin is in cryptocurrency market as well as in a comparison with other markets.
I don't mind about records, Guinness World Record for Bitcoin or cryptocurrency but in reality it is not harmful but helpful to spread Bitcoin news to more people. And it is a part of Bitcoin adoption journey that is long and has lot of things to achieve.
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Awaklara
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October 19, 2022, 03:12:42 AM |
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this is a testament to the countries that oppose and even hate Bitcoin and crypto. now countries will be more open with their government policies regarding bitcoin and crypto. El Salvador answers the doubts and sentiments of some countries towards Bitcoin as a legal tender. I also thought, can the bitcoin pizza celebration fall into the "Cryptomania" category? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Don Pedro Dinero
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October 19, 2022, 03:13:45 AM |
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I wouldn't have guessed that bitcoin would make it into the Guinness Book of World Records, but the market cap makes sense. The marketcap figure is not correct if we know there are many bitcoins have been lost since 2009 and very most likely those bitcoins won't be recovered.
We can not know the exact number of lost bitcoins so that we can not calculate the absolute marketcap of total bitcoins left in circulating supply.
In any case, the market cap is an indicative figure because, for example, at today's price, all the bitcoins could be sold for around 20,000 USD, but if a whale puts a large quantity of bitcoins on sale, the price would fall, so the market cap would be lower. Anyway it is still good to have a rough number for Bitcoin marketcap as it somewhat shows how big or small Bitcoin is in cryptocurrency market as well as in a comparison with other markets.
I agree.
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Sebas.tian
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October 19, 2022, 03:25:19 AM |
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In addition, El Salvador also features in the book as the “first country to adopt Bitcoin as legal tender” last year. Nothing can stop bitcoin now
Yes, Bitcoin will continue improving until the whole world make it legal for people to know how important Bitcoin is to humanity. I think, El Salvador are doing well in the areas of economy, infrastructures, education in their land, because they made Bitcoin legal in their country for their citizens to enjoy. Since El Salvador was the first country that adopted Bitcoin, it has attracted other countries to make Bitcoin legal in their land so that it will help them to eliminate delay in transaction, eliminate unemployment, eliminate errors from their economy so that they will be part of the good news Bitcoin is doing to countries that made it legalized.
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Darker45
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October 19, 2022, 03:26:48 AM |
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Of course, this is some kind of good news. But aside from the recognition, I don't think this amounts to so much. After all, Guinness World Records is just a book of records. It lists both good and bad, everything in a neutral way, including even the longest fart.
It doesn't vouch for Bitcoin or any other. It doesn't say Bitcoin is good. It doesn't say Bitcoin has huge potential or has a bright future. Bitcoin is there, of course, not because of anything else but simply because it is the first and then it has the largest market cap. Aside from Bitcoin, NFTs and fan tokens also made it to the latest book release.
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Aanuoluwatofunmi
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October 19, 2022, 08:52:30 AM |
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El-Savador has already make it into record as well either by Guinness or any other organizations enlistment for records, being the first country to make bitcoin a legal tender, first bitcoin beach and first bitcoin tourist attraction country, alot has to be set into historical record and be archived concerning bitcoin in general, Guinness actually is well known for keeping and setting records of a global standards and I think they've got another big catch this time with the inclusion of bitcoin into their world Guinness book of records.
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crwth
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October 19, 2022, 09:13:43 AM |
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For everyone who is a fan of Guinness or watches, it would be like a certification of being awesome. It will be a gateway for people interested in different things and will see how much Bitcoin has impacted the world. Children now, I hope, would find it fascinating and make improvements to the modern world and make even more achievements in the long run. This is an excellent milestone for sure.
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Reatim
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October 19, 2022, 09:15:16 AM |
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If we will be having more of this kind of news? and winning events towards Bitcoin and of course other cryptocurrencies? I'm sure there are big effects about the supporting and trust from the prospected users.
Bitcoin is the innovated form of currency that the world will take as advantage , though the paper wallet or banking may still there yet the use of crypto will be the worlds number one choice in the coming years because of its advantage .
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kro55
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October 19, 2022, 09:39:38 AM |
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Well.. more records are to be made and more heights are to be scaled. I believe Bitcoin is going to become a phenomenon in 21st century. An asset, an harbinger of freedom from banks and a agent of global equality.. thats where I seek to see bitcoin.
I think it has become a phenomenon these days when there is more and more attention, interest in bitcoin. In my country, a few years ago, a lot of people didn't know about bitcoin or they would ignore it when they heard about it because ponzi projects are created and used bitcoin as an investment vehicle. But now things are different, when the government media start talking about bitcoin as an advanced technology, people are showing great interest in bitcoin, even farmers and street vendors started hearing and asking about bitcoin. My prediction is just one more bull season, bitcoin will gain worldwide popularity, bitcoin haters' efforts to stop bitcoin will have to stop soon.
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aylabadia05
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October 19, 2022, 09:41:32 AM |
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Yes. Every victory must be celebrated, let alone news related to this good news. What do we think when Guinness World Records put Bitcoin in their notes? I think to be a part of history requires a process. Thank you Satoshi for your extraordinary work that allows us to enjoy the greatness of your work until now even in the future.
I found a picture that I needed to quote here because the picture was full of extraordinary values, with the hope that the picture was allowed by the owner and did not become a problem in the future.
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DdmrDdmr
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There are lies, damned lies and statistics. MTwain
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October 19, 2022, 09:45:09 AM Merited by kryptqnick (1) |
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Agbe
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"Crypto Casino and Sportsbook"
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October 19, 2022, 10:14:06 AM |
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It's a good day for bitcoin today. Each bitcoin win should be celebrated because it was a victory against naysayers, haters, and those who wants bitcoin to die. Today, Guinness World Records have added Bitcoin and other blockchain events in its latest record book under a brand-new category called “Cryptomania". Bitcoin was included in the 2023 edition as the most valuable crypto with a market capitalization of $816.69 billion as well as being recognised for being the world’s first decentralised cryptocurrency after it launched in early 2009. CoinMarketCap reports that, Bitcoin’s market cap stood at $372,316,153,554. In addition, El Salvador also features in the book as the “first country to adopt Bitcoin as legal tender” last year. Nothing can stop bitcoin now SourceBitcoin had come to stay so it popularity is very much sure. For bitcoin to enter the Guinness World book of Records then that means BTC has broken the chains in which people are saying that bitcoin will not last or if bitcoin fall or stopped like LUNA. All the thinkings of people are gone therefore, the bitcoiners need to be celebrating the good development. World bitcoin celebration day will be map out very soon to celebrate the giant of Cryptocurrencies bitcoin. The next thing to do by bitcoiners is the sensitization of bitcoin to all corner of the localities. Guinness world of record is a prestige book where sensitive things are kept. Once again thank you for bringing this good news.
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btc_angela
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October 19, 2022, 10:36:21 AM |
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And probably this will add to bitcoin's aura this year and in the next coming years. I mean not anyone knows about it, but probably majority is looking for records and so for sure they might encounter bitcoin in the books and open their curiosity about it. And maybe who knows, those curiosity will become a trader and investor. And it's good that Guinnes is recognizing bitcoin and putting a new category and for sure there will be some be included like in the altcoin markets in the list. Win-win situation for crypto enthusiast.
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yazher
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October 19, 2022, 11:11:49 AM |
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Well.. more records are to be made and more heights are to be scaled. I believe Bitcoin is going to become a phenomenon in 21st century. An asset, an harbinger of freedom from banks and a agent of global equality.. thats where I seek to see bitcoin.
More likely that would gonna happen because right now they already started the records and they will gonna catch other records as well. They won't lose anything when they record this stuff rather they really making something new in their books because honestly, people are getting bored reading those new records that are not really necessary to be recorded like for example the fastest man to wear multiple underwear or something like that. This time, it is educational and seems they are a trusted source of news, more people will be recruited to find out about bitcoins and the crypto industry itself.
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