Bitcoin Forum
December 08, 2016, 12:08:36 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What happened in june 2010?  (Read 915 times)
Costia
Newbie
*
Offline Offline

Activity: 28



View Profile
January 22, 2012, 08:59:49 PM
 #1

Were there any special event that made BTC climb and fall so fast?
1481155716
Hero Member
*
Offline Offline

Posts: 1481155716

View Profile Personal Message (Offline)

Ignore
1481155716
Reply with quote  #2

1481155716
Report to moderator
1481155716
Hero Member
*
Offline Offline

Posts: 1481155716

View Profile Personal Message (Offline)

Ignore
1481155716
Reply with quote  #2

1481155716
Report to moderator
1481155716
Hero Member
*
Offline Offline

Posts: 1481155716

View Profile Personal Message (Offline)

Ignore
1481155716
Reply with quote  #2

1481155716
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
nmat
Hero Member
*****
Offline Offline

Activity: 602


View Profile
January 22, 2012, 09:03:18 PM
 #2

Were there any special event that made BTC climb and fall so fast?

It was news all over the place. The media found out that bitcoin existed.
TheHeroMember
Full Member
***
Offline Offline

Activity: 126



View Profile WWW
January 23, 2012, 04:25:33 AM
 #3

It's just natural in business world, up - down - up - down - up. 

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
codymanix
Full Member
***
Offline Offline

Activity: 203

Gir: I'm gonna sing the Doom Song now..


View Profile
January 23, 2012, 08:43:49 PM
 #4

Yes nmat is right, it was the first time that bitcoin got into the public view.
It was like a virus, the more people knew about bitcoin the more people were talking about it and thus, even more people knew about it!

A huge bubble like that won't come next time. Instead, bitcoin will climb slowly, but it will. There will be heights and depths, of course.

Programming tutorials, Tools, Games & Humor http://deutronium.de.vu
My Vircurex referral code for persistant 0.05% trade discount: 750-33267 or use
https://vircurex.com/welcome/index?referral_id=750-33267
Clipse
Hero Member
*****
Offline Offline

Activity: 504


View Profile
January 23, 2012, 08:48:35 PM
 #5

Yes nmat is right, it was the first time that bitcoin got into the public view.
It was like a virus, the more people knew about bitcoin the more people were talking about it and thus, even more people knew about it!

A huge bubble like that won't come next time. Instead, bitcoin will climb slowly, but it will. There will be heights and depths, of course.


I believe it was a bubble that got extremely blown up by a collective bunch of "manipulators" to cashout on the increase frenzy of interest in bitcoins. The extreme crash however is more likely a result of all the scams that came about and exchange hacks etc.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
DiThi
Full Member
***
Offline Offline

Activity: 157

Firstbits: 1dithi


View Profile
January 24, 2012, 12:40:26 AM
 #6

Don't forget the mybitcoin fiasco. Since then no one trusts an eWallet which stores your private keys unencrypted.

Also several wallets with lots of coins were stolen (with trojans, or from online backups, etc), as the official client didn't have wallet encryption at the time.

1DiThiTXZpNmmoGF2dTfSku3EWGsWHCjwt
TheHeroMember
Full Member
***
Offline Offline

Activity: 126



View Profile WWW
January 24, 2012, 05:49:07 AM
 #7

Don't forget the mybitcoin fiasco. Since then no one trusts an eWallet which stores your private keys unencrypted.

Also several wallets with lots of coins were stolen (with trojans, or from online backups, etc), as the official client didn't have wallet encryption at the time.

I guess this one is resolved already.

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
kronosvl
Full Member
***
Offline Offline

Activity: 134


View Profile
January 24, 2012, 06:12:34 AM
 #8

June 2010 or June 2011?

Donations are accepted @: 19Uk8zVhdgfrRo5Z6wH9yghWxZUtdiNtX9
OTC: http://bitcoin-otc.com/viewgpg.php?nick=kronosvl
Costia
Newbie
*
Offline Offline

Activity: 28



View Profile
January 24, 2012, 06:14:51 AM
 #9

oops 2011
but looks like people ignored my mistake Smiley
DiThi
Full Member
***
Offline Offline

Activity: 157

Firstbits: 1dithi


View Profile
January 24, 2012, 12:12:08 PM
 #10

Our bogus "last year" counter affect us on january...

1DiThiTXZpNmmoGF2dTfSku3EWGsWHCjwt
Clipse
Hero Member
*****
Offline Offline

Activity: 504


View Profile
January 24, 2012, 12:12:49 PM
 #11

oops 2011
but looks like people ignored my mistake Smiley

For a moment I felt a year younger :/

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
Dexter
Jr. Member
*
Offline Offline

Activity: 34


View Profile
January 24, 2012, 03:35:55 PM
 #12

i think they have talked about the high fly of the bitcoins from june 2010 but if you mean 2011 i think you watching to the new block award which should be reduced to 25 BTC per block this year
right?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!