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Topic: After a decade, Bitcoin in charts (Read 332 times)

sr. member
Activity: 1092
Merit: 256
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November 15, 2019, 06:30:01 PM
#25
That's a huge thing, he could've spend days to create this content. All that mentioned were must known things of the cryptocurrency network. The information is productive and has been made in a peculiar way that everyone can go through and understand with ease. The pictorial representation gives better understanding than a series of writings. To get all data he could've took days and Blockchain wallet might have more accurate data on the count of users as every cryptocurrency users used to have a Blockchain wallet in my view.
legendary
Activity: 3122
Merit: 1389
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November 15, 2019, 02:01:13 PM
#24
Wow, the info is organized beautifully. When you see it in the animated version, it is somehow different from seeing it as a straight line or a set of separate diagrams. The animation puts things in perspective, helps to see how far we've got. It's important, I think because sometimes we might focus on minor setbacks rather than on the general picture. And the general picture is undeniable: Bitcoin has had an impressively successful decade.
A map that would also be nice to see here IMO is an animated map of Bitcoin regulations around the world. After all, many countries have turned from "grey" to "green".
sr. member
Activity: 1036
Merit: 286
November 15, 2019, 11:45:07 AM
#23
This is a very inspiring charts. Bitcoin after 10 productive years. It has really lead the financial economy right now. In terms of its delivery time and cost-saving features. Its a win-win situation for the business and its customers. It really gives the best customer experience and gives opportunity for everybody to dream big. Its really exciting to see its performance in the next 10 years.
After ten years bitcoin look raising up with many investor get much profit and lost with bitcoin investing, I think next years bitcoin look drop after pass ten year price still down, now bitcoin have increase lower last three years where bitcoin price reached above $15k, will bitcoin become profitable at the future or not with price always down?
As we have seen, bitcoin really rises up from nothing to a bulk of money, I can see that as the time goes by there are lots of people using bitcoin, our community is growing and it is good for everyone because the more the bitcoin is famous the more investors will be encouraged to invest in some projects. The more investors we have the bigger the possibility that the particular project will succeed. It is a big opportunity for me to know bitcoin because in my young age I can earn my own money just applying my own knowledge about bitcoin although age doesn't matter here because there are teens here that are earning millions, it is actually based on your intelligence on how to manage your own money.
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
November 13, 2019, 02:39:00 AM
#22
Coinbase are in a position to provide a wealth of information, but they are not doing that. I know at one stage they supplied a graph on the spending patterns of their users and you could more or less see what their users were doing with their bitcoins.

They have one of the largest databases of Crypto currency users in this world, but they are not sharing that information. They have all the KYC information on their users, so they can give us an estimation on the average age of users on their platform and where the highest concentration of these users are, without compromising the sensitive information of those individual users.

The information provided here are very informative, thank you for posting it.  Wink
sr. member
Activity: 2254
Merit: 309
Seabet.io | Crypto-Casino
November 12, 2019, 06:42:41 PM
#21
This is a very inspiring charts. Bitcoin after 10 productive years. It has really lead the financial economy right now. In terms of its delivery time and cost-saving features. Its a win-win situation for the business and its customers. It really gives the best customer experience and gives opportunity for everybody to dream big. Its really exciting to see its performance in the next 10 years.
After ten years bitcoin look raising up with many investor get much profit and lost with bitcoin investing, I think next years bitcoin look drop after pass ten year price still down, now bitcoin have increase lower last three years where bitcoin price reached above $15k, will bitcoin become profitable at the future or not with price always down?
sr. member
Activity: 756
Merit: 251
November 12, 2019, 06:14:38 PM
#20
This is a very inspiring charts. Bitcoin after 10 productive years. It has really lead the financial economy right now. In terms of its delivery time and cost-saving features. Its a win-win situation for the business and its customers. It really gives the best customer experience and gives opportunity for everybody to dream big. Its really exciting to see its performance in the next 10 years.
jr. member
Activity: 168
Merit: 2
mada mada dane
November 12, 2019, 05:29:04 PM
#19
I like the animated graphics, very detailed and it was something that someone like me could easily understand.

I can easily understand that Bitcoin is an awesome cryptocurrency that has survived and still doing great over the years and still making its impact on society.

Great efforts, OP.
sr. member
Activity: 1190
Merit: 256
November 12, 2019, 04:54:13 PM
#18
This is a Very detailed and  classic graphical representation. Bitcoin has really come a long way, 10 years down the line with a very high growth margin. Amidst the regulations, bans and restrictions, it still continues to stay strong. Only a few people back then would have believed that Bitcoin can actually come this high judging from where it started.
hero member
Activity: 1008
Merit: 531
November 12, 2019, 03:21:17 PM
#17
Great graphics OP. I love the animations.

I'm going to tunnel vision on 2 things - the wire transfers section as well as the it's yield statistics.

Wire Transfers - I'm confused why governments and banks are still allowing bitcoin to utterly destroy other companies in this sector, there is just no other option that is as fast as BTC, and the 2nd best option, transfers, usually takes a couple of hours up to a couple of days.

As for the yield section, it's kinda satisfying to see that put into a chart and real numbers...
hero member
Activity: 1036
Merit: 514
November 12, 2019, 02:30:25 PM
#16
OP, I hope it is your own work..  Huh  In any way, I gave you 1 merit for posting it, because it adds a lot of brag material for my collection.  Wink I

specifically liked the the "buying $10/mo graph, showing your 595% gain, because it puts a lot of stuff in perspective for me. I had a hard time with

people telling me that we are cherry picking dates to suit our agenda and this blows that crap out of the water.  Wink Keep up the good work, no

wonder you are in one of the best signature campaigns on this forum.  Grin


NO, it's not his (I assume)
he has shared the link where it started; unless he's someone who works for coinbase.

"On Sep. 24, 2019, over 820,000 unique addresses transacted bitcoin on the network."
"Americans typed “Bitcoin” into Google more times in 2018 than they searched for a range of headline-making phrases, from “royal wedding” to “election results.”"
https://blog.coinbase.com/charting-the-course-of-bitcoin-11-years-and-counting-b4e17969d4e1
legendary
Activity: 1904
Merit: 1073
November 12, 2019, 02:14:52 PM
#15
OP, I hope it is your own work..  Huh  In any way, I gave you 1 merit for posting it, because it adds a lot of brag material for my collection.  Wink I

specifically liked the the "buying $10/mo graph, showing your 595% gain, because it puts a lot of stuff in perspective for me. I had a hard time with

people telling me that we are cherry picking dates to suit our agenda and this blows that crap out of the water.  Wink Keep up the good work, no

wonder you are in one of the best signature campaigns on this forum.  Grin
hero member
Activity: 1036
Merit: 514
November 12, 2019, 11:00:05 AM
#14
After 10 years we have been able to make the governments afraid of this decentralized system giving back the real power to citizens.10 Years is short. And they now see it as a real threat to fiat, that's why we're seeing them creating in hurry all kinds of (sometimes senseless) regulations.

Governments aren't afraid of the decentralized bitcoin system, regulate to make sure people don't defraud others, trying to do something illegal such as money laundering, even though we don't like the taxes. Nevertheless, the positive example happens in Japan, government doesn't consider bitcoin as a threat to fiat instead allows it to be used like JP¥.

I really like this, who want to mess around with bitcoin chain Cheesy
jr. member
Activity: 108
Merit: 1
November 12, 2019, 09:30:56 AM
#13
Remember how people and media outlets were talking about Bitcoin in the first years.
After 10 years we have been able to make the governments afraid of this decentralized system giving back the real power to citizens.10 Years is short. And they now see it as a real threat to fiat, that's why we're seeing them creating in hurry all kinds of (sometimes senseless) regulations.
If you notice nowadays, their plan is to make their State-coin but it won't change anything. Once people will realize the decentralization side it will be too late.

Nice infographics, thanks for sharing!

I would personally love to see some charts for Bitcoin community growth, like bitcointalk registered users, reddit subscribers, twitter hashtags and so on. Has anyone seen something like that and can post it here? If not, is it possible to obtain raw data for that somewhere?

I'm only aware of https://bitinfocharts.com/bitcoin/ It gives some stats like the Reddit subscribers, tweets per day, etc. You can use socialblade if you want to check a specific account on Twitter/FB/Insta, etc. It's usually what we use in social media marketing or community management.

As for Bitcointalk stats https://bitcointalk.org/index.php?action=stats

It’s a pity that these are point tools and you can't globally see the progress of Bitcoin users, how many there are, how it grew and where
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
November 12, 2019, 09:17:38 AM
#12
Remember how people and media outlets were talking about Bitcoin in the first years.
After 10 years we have been able to make the governments afraid of this decentralized system giving back the real power to citizens.10 Years is short. And they now see it as a real threat to fiat, that's why we're seeing them creating in hurry all kinds of (sometimes senseless) regulations.
If you notice nowadays, their plan is to make their State-coin but it won't change anything. Once people will realize the decentralization side it will be too late.

Nice infographics, thanks for sharing!

I would personally love to see some charts for Bitcoin community growth, like bitcointalk registered users, reddit subscribers, twitter hashtags and so on. Has anyone seen something like that and can post it here? If not, is it possible to obtain raw data for that somewhere?

I'm only aware of https://bitinfocharts.com/bitcoin/ It gives some stats like the Reddit subscribers, tweets per day, etc. You can use socialblade if you want to check a specific account on Twitter/FB/Insta, etc. It's usually what we use in social media marketing or community management.

As for Bitcointalk stats https://bitcointalk.org/index.php?action=stats
legendary
Activity: 2954
Merit: 2145
November 12, 2019, 07:52:44 AM
#11
Nice infographics, thanks for sharing!

I would personally love to see some charts for Bitcoin community growth, like bitcointalk registered users, reddit subscribers, twitter hashtags and so on. Has anyone seen something like that and can post it here? If not, is it possible to obtain raw data for that somewhere?
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 12, 2019, 07:36:48 AM
#10
Without any doubt the biggest userbases are coming from US,AU, Russia and Europe. We see a similar distribution in the members of this forum too with Russian boards being very active along with European countries. Rest US and AU use English so they have their own share here too.

Nice way to put in the statistics though OP. These should give some logical backing as to the common FUD that bitcoin would be taken over by attacks on blockchain and government censorship. If people are willing to take it to the next level then they can - to such an extent that government would become forced to accept it in trading like stocks and commodities.
legendary
Activity: 1583
Merit: 1276
Heisenberg Design Services
November 12, 2019, 06:28:26 AM
#9
These charts would have definitely given some goosebumps to many of bitcoin users all over the world. We do know how bitcoin is right now, the global phenomenon which might threaten Fiat money in future and almost all the citizens from various countries would just use one currency to transact worldwide without the need to trust/wait for the banks to process their transactions etc. Abraham Lincoln once said the democracy is all about

Quote from: Abraham Lincoln
that these dead shall not have died in vain—that this nation, under God, shall have a new birth of freedom[8]—
and that government of the people, by the people, for the people, shall not perish from the earth.


But does the current system of democracy work like this? Many of the people who are still not a user/never known of bitcoin are being treated as the slaves of the government officials who run a centralized form of govenement!

Once when I was reading the book "Digital Gold by Nathaniel Popper" I got a strange thought how the bitcoin would have been if Hal didn't respond to the mails of satoshi nor he didn't mine those ~4000 coins in a day? We do know that someone if not Hal would have emerged and would have replied to the mail and would have mined the coins initially. The bitcoin we use today and the bitcoin which challenges today's governmental organizations was built by these early cryptographers and satoshi alone wouldn't have made this happen.

Here is a gist from the book which made what bitcoin is today :

Quote from: Nathaniel Popper
Satoshi sent Hal a new version of the program, with some of the old material restored, and thanked Hal for his help. When it, too, crashed, Hal kept at it. He finally got it running using a program that operated outside Microsoft Windows. Once it was up, he clicked on the most exciting-sounding function in the drop-down menu: “Generate Coins.” When he did this, the processor in his computer audibly clicked into gear at a high clip.

...snip...

When Hal returned to his computer in the evening, heimmediately saw that it had made him 50 Bitcoins, now recorded next to one of his Bitcoin addresses and also recorded on the public ledger that kept track of all Bitcoins. These, the seventy-eighth block of coins generated, were among the first 4,000 Bitcoins to make it into the real world. At the time they were worth exactly nothing, but that didn’t dampen Hal’s enthusiasm.

Apart from the price actions (pump and dump) I admire the technology behind the bitcoin and how it poses a major threat for the global currencies and governments as a whole! I would like to bow down before the early contributors (not just satoshi) since without them bitcoin would have become obsolete!
hero member
Activity: 2100
Merit: 794
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November 12, 2019, 05:14:24 AM
#8
Bitcoin has come a really long way. 10 years of existence wasn't an easy feat. From scrutiny and critism from the government to being accepted in stores worldwide today. That's a great feat. Bitcoin is growing in popularity and the number of users are growing exponentially with each passing day. 1/10 of every one of my friends has probably heard about bitcoin or gotten involved with it. With China embracing blockchain, Let's see what the next decade holds for us. 2020 will be 🚀 ~ Block Halving Event Incoming!
legendary
Activity: 2828
Merit: 3487
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November 12, 2019, 03:56:04 AM
#7
Very nicely put together OP! And this, I would like to say, is a reminder -- and we seem to really need to remind the space often -- of how, despite whatever the markets and the sentiment throws at us, Bitcoin is not only here to stay. It's here to grow.

Me, personally, I like seeing how the fundamentals are growing day by day. Usage, like in your first chart. Security (hash power over time). Robustness (constant upgrades and optimizations). Scalability is underway. Privacy is on the horizon.

Price is the distraction.
member
Activity: 1204
Merit: 38
November 12, 2019, 02:41:32 AM
#6
I just take deep look at all the charts,its shows how much things were achieved in the very first ten years,so lets imagine where we will be in the next 10 years?  Cheesy

Most catchy thing for me in all of these chart is the transaction time of international wire transfer.People should know this why we need bitcoin for future not just for trading.
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