adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 04, 2012, 03:59:10 AM |
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3 years ago bitcoin was born,
1.5 years later mtgox was born
what took them so long... did satosih and his friends mine 3 mill coins b4 letting everyone know about bitcoin?
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Whoever mines the block which ends up containing your transaction will get its fee.
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nmat
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January 04, 2012, 04:03:05 AM |
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3 years ago bitcoin was born,
1.5 years later mtgox was born
what took them so long... did satosih and his friends mine 3 mill coins b4 letting everyone know about bitcoin?
No. It was immediately announced in a mailing list. Bitcoin was really small back then so it didn't make much sense to start building an exchange right away. |
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casascius
Mike Caldwell
VIP
Legendary
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Activity: 1386
Merit: 1136
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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January 04, 2012, 04:07:54 AM |
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3 years ago bitcoin was born,
1.5 years later mtgox was born
what took them so long... did satosih and his friends mine 3 mill coins b4 letting everyone know about bitcoin?
The first year of mining was a slow one, even at difficulty 1. By Year 1, there were only 1.6M bitcoins. The other 6.4M bitcoins were mined in years 2 and 3. |
Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 04, 2012, 04:13:38 AM |
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3 years ago bitcoin was born,
1.5 years later mtgox was born
what took them so long... did satosih and his friends mine 3 mill coins b4 letting everyone know about bitcoin?
The first year of mining was a slow one, even at difficulty 1. By Year 1, there were only 1.6M bitcoins. The other 6.4M bitcoins were mined in years 2 and 3. helpful information, more info / comments on the early days of bitcoin would be cool! |
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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January 04, 2012, 04:59:46 AM |
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The BitCoin pizza is worth about $48,000 now!   |
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mjcmurfy
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January 04, 2012, 05:08:16 AM |
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The BitCoin pizza is worth about $48,000 now! "BitCoin Pizza" sounds like a great business proposal, now that I think about it... I think that pizza must have been the only one in the world to have become more valuable after it was eaten. |
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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January 04, 2012, 05:14:31 AM |
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The BitCoin pizza is worth about $48,000 now! "BitCoin Pizza" sounds like a great business proposal, now that I think about it... I think that pizza must have been the only one in the world to have become more valuable after it was eaten. Lol, Agreed! I had some pizza today that wasn't worth it's weight in poo!  |
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rc4739
Newbie
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Activity: 12
Merit: 0
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May 09, 2021, 12:17:17 AM |
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The BitCoin pizza is worth about $48,000 now! Its worth $870,000,000 right now you can see the huge difference  |
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adaseb
Legendary
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Activity: 3752
Merit: 1710
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May 09, 2021, 03:29:41 AM |
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The BitCoin pizza is worth about $48,000 now! Its worth $870,000,000 right now you can see the huge difference Did you really need to bump a 9 year old thread. I read the title and was thinking, it was going to be some conspiracy theory since satoshi was long done since 2018. However didn't expect to see a thread from 2012. The pizza being worth $48K basically is proof that if you had 10000 BTC you most likely would of sold it in 2012 and if not then, then in 2013 when it had those 2 bubbles to $250 and $1000. There is no way you would of hold all those coins until $65K which happened a couple of weeks back. Only people that would of held is maybe if they had like 50000BTC and they sold like 10% portion each year. |
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fadhilz123
Sr. Member
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Activity: 1302
Merit: 255
Seabet.io | Crypto-Casino
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May 09, 2021, 11:57:52 PM |
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3 years ago bitcoin was born,
1.5 years later mtgox was born
what took them so long... did satosih and his friends mine 3 mill coins b4 letting everyone know about bitcoin?
I don't know about this, this is real or fake it doesn't matter for me. Today Bitcoin is growing in their community. Even if they was mining 3 million coins early before introducing it to the public I think they dont hold it until now. So what's the problem. Bitcoin is decentralized since was born until now. |
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milewilda
Legendary
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Activity: 3108
Merit: 1127
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May 10, 2021, 11:33:19 PM |
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3 years ago bitcoin was born,
1.5 years later mtgox was born
what took them so long... did satosih and his friends mine 3 mill coins b4 letting everyone know about bitcoin?
I don't know about this, this is real or fake it doesn't matter for me. Today Bitcoin is growing in their community. Even if they was mining 3 million coins early before introducing it to the public I think they dont hold it until now. So what's the problem. Bitcoin is decentralized since was born until now. Those are just presumptions my friend and considering on what year that guy posted then its been clear that after all this time there were no proofs that they are really holding that much. |
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DU18
Sr. Member
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Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
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May 11, 2021, 02:28:02 PM |
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The BitCoin pizza is worth about $48,000 now! "BitCoin Pizza" sounds like a great business proposal, now that I think about it... I think that pizza must have been the only one in the world to have become more valuable after it was eaten. If the most expensive pizza buyer was still alive today, of course he would really regret what he had done in the past  , I think of course he had wasted the opportunity to become the richest person just for the sake of a box of pizza, so now he can only lament his fate with regret. |
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