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Topic: [2017-06-05]Here Is How Bitcoin Evolved Over Time (Read 2942 times)
...correct me if I'm wrong, but we couldn't have bought a bitcoin in 2008 as they were not created until 2009, correct??
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It also means that someone who invested in a single Bitcoin in 2008, might end up making more money than someone who invested in a single share in the world’s most valued company, Apple in 2002.
I often think about 2008 year, how could it be if i knew that time about bitcoin, just imagine, spent a few dollars was enough to be very reach person now. Same chance was half a year ago. I had 1400 Stratis from bounty campaign. I could buy small apartments for this money now, but sold them for 50 bucks!
Here Is How Bitcoin Evolved Over Time
From paper currency to credit cards to the newest trend — cryptocurrency, the way we transact has changed overtime. One major factor in this and the most common cryptocurrency is Bitcoin. Introduced as a peer-to-peer electronic cash system in 2008, Bitcoin has evolved from being just a niche method of maintaining liquidity to being mainstreamed as an investment opportunity.
Bitcoin isn’t an electronic denomination of the money in your account, it is currency in itself. Trading a Bitcoin for money is like trading a dollar for a pound. In fact, it is currently the most volatile currency in the world with sharp changes in value every day. Yet, it represents an exciting investment opportunity — Bitcoin prices recently skyrocketed and surged past $1,800, which is way more than $0.008 introductory price. It also means that someone who invested in a single Bitcoin in 2008, might end up making more money than someone who invested in a single share in the world’s most valued company, Apple in 2002.
Bitcoin started in 2008 when Neal Kin, Vladimir Oksman and Charles Bry, its founders filed a patent for an encrypted currency. They described it as a “system for electronic transactions without relying on trust.” They also registered the Bitcoin.org domain anonymously.
https://bitcoinwarrior.net/2017/06/here-is-how-bitcoin-evolved-over-time-2/
From paper currency to credit cards to the newest trend — cryptocurrency, the way we transact has changed overtime. One major factor in this and the most common cryptocurrency is Bitcoin. Introduced as a peer-to-peer electronic cash system in 2008, Bitcoin has evolved from being just a niche method of maintaining liquidity to being mainstreamed as an investment opportunity.
Bitcoin isn’t an electronic denomination of the money in your account, it is currency in itself. Trading a Bitcoin for money is like trading a dollar for a pound. In fact, it is currently the most volatile currency in the world with sharp changes in value every day. Yet, it represents an exciting investment opportunity — Bitcoin prices recently skyrocketed and surged past $1,800, which is way more than $0.008 introductory price. It also means that someone who invested in a single Bitcoin in 2008, might end up making more money than someone who invested in a single share in the world’s most valued company, Apple in 2002.
Bitcoin started in 2008 when Neal Kin, Vladimir Oksman and Charles Bry, its founders filed a patent for an encrypted currency. They described it as a “system for electronic transactions without relying on trust.” They also registered the Bitcoin.org domain anonymously.
https://bitcoinwarrior.net/2017/06/here-is-how-bitcoin-evolved-over-time-2/
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