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Topic: Bitcoin history (Read 327 times)

jr. member
Activity: 412
Merit: 3
July 09, 2023, 08:35:16 AM
#23
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
Dennis Porter founder of Satoshi Act Fund, testified yesterday to the Missouri House of Representatives

It was developed by new modern technology thinkers with P2P clue, when it was first introduced the price was less than a dollar, few people occupied the opportunity and many despite the project. BTC grow from zero to hero in few years of existence and afterwards busted in price in 2009, many begins to invest in the project and in 2017 the price moved to $11k, at this point BTC already made many millionaires and billionaires and many still invest at high price value and achieved good journey to this point.

There is still hope and enough package to come from BTC, keep holding.

https://twitter.com/DocumentingBTC/status/1631090187018043392
As far as I know in 2017 bitcoin increased in value thanks to retail investors contributing to bitcoin reaching a peak of $19k and the day after that in 2018 bitcoin plummeted to $4k. At the moment my team invests heavily in bitcoin and there are already many millionaires who believe in bitcoin
hero member
Activity: 1176
Merit: 543
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July 08, 2023, 05:04:02 PM
#22
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
Dennis Porter founder of Satoshi Act Fund, testified yesterday to the Missouri House of Representatives

It was developed by new modern technology thinkers with P2P clue, when it was first introduced the price was less than a dollar, few people occupied the opportunity and many despite the project. BTC grow from zero to hero in few years of existence and afterwards busted in price in 2009, many begins to invest in the project and in 2017 the price moved to $11k, at this point BTC already made many millionaires and billionaires and many still invest at high price value and achieved good journey to this point.

There is still hope and enough package to come from BTC, keep holding.

https://twitter.com/DocumentingBTC/status/1631090187018043392
  What inspired about your post is the words "keep holding" because a true investor would always hold no matter how turbulence the market could be. Since the discovery of Bitcoin, we have been seeing different patterns of holding why some are just in the market for the few profits they intend to make why others are in the market for a long profits that is why the keep buying and holding Bitcoin and similar coins too to spice up the cryptocurrency portfolio. Holding is one thing that is going to give us the kind of profits we are looking for without stress no matter how long it's gonna take.
hero member
Activity: 1484
Merit: 928
July 08, 2023, 04:49:36 PM
#21
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
I know you are trying to make contribution to the forum, but I will recommend you don’t post about what you don’t really know about, when you are trying to create threads like this, then you should make sure it’s detailed so that information can be passed.

Make sure you look for appropriate topic for your post when creating thread, when I saw the topic of your thread, what I was expecting to see is different from what am seeing, not that am discouraging you but just try and put more effort.

at this point BTC already made many millionaires and billionaires and many still invest at high price value and achieved good journey to this point.

There is still hope and enough package to come from BTC, keep holding.

https://twitter.com/DocumentingBTC/status/1631090187018043392
I still see bitcoin to be cheap, and I keep on imagining what price bitcoin will be in the next 14 years, we all can see how bitcoin have been growing rapidly, the more recognition bitcoin is getting, the more bitcoin price is increasing, so to me anyone that’s planning to invest now, we shouldn’t be discouraged with the current bitcoin price, we should always think about the future, if bitcoin can perform so incredible in the last 14 years, then bitcoin is still going to perform very well in future, so we should just keep on investing, and if we all can hold, then we won’t regret investing in bitcoin.
hero member
Activity: 1918
Merit: 564
July 08, 2023, 03:52:54 PM
#20

I'm already doubting that it can not be manipulated because of Blackrock's interest in Bitcoin. Once they use the huge amount of money in BTC and buy them all up. I think they will own the network by then. And then they can also use the government to regulate mining with ESG compliance and so on. I remember there were people in a podcast discussing all these and they were worried too.

Isn't it the best time to accumulate Bitcoin?  Because if it so happen that Blackrock's interest in Bitcoin will make them to buy all Bitcoin in the market then those who are holding will greatly profit from this action.  This is manipulation that can do good for the holders until they decided to take profit and crash the price then rinse and repeat.  But whatever their intention holding and accumulating Bitcoin is not a bad idea at all we just need to time when we will sell at a profit and restock with a huge discount.  After all, Bitcoin market is always been like this ever since which is why there is this so called 4 year cycles that shows how Bitcoin price has its movement pattern.

That is your own part of the history. Another person can still narrate the history of bitcoin from another dimension. If the going up and down are the characteristics of  inflation then bitcoin is also self inflated. Bitcoin price was not busted in 2009. I'm 2009 bitcoin was still at it tender age. Yes bitcoin has spent 14 good years in the internet and people are using it in different ways and yet many people are still Sceptical and don't know what is bitcoin.

One reason for this is that not all people have access to technology like in my country, provinces and rural areas have problem accessing the internet since ISP are too focused on the urban area, the rural area are being left out which resulted in delayed information and possibly information black out.

hero member
Activity: 700
Merit: 577
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July 08, 2023, 01:32:39 PM
#19
That is your own part of the history. Another person can still narrate the history of bitcoin from another dimension. If the going up and down are the characteristics of  inflation then bitcoin is also self inflated. Bitcoin price was not busted in 2009. I'm 2009 bitcoin was still at it tender age. Yes bitcoin has spent 14 good years in the internet and people are using it in different ways and yet many people are still Sceptical and don't know what is bitcoin.

The history of bitcoin something that every beginner of bitcoin supposed know before going into the uses. Mostly if you are here, the first thing to do is to know what is bitcoin and it characteristics before other things.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
July 08, 2023, 01:18:49 PM
#18
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
Dennis Porter founder of Satoshi Act Fund, testified yesterday to the Missouri House of Representatives
 
There is still hope and enough package to come from BTC, keep holding.
This is so DRY!!! You should come up with deeper and interesting facts about bitcoin. Something like Bitcoin will be 15 years by October...the first transaction between Nakamoto and Hal...the very big all-time high in the year 2020 at the peak of COVID-19... These are fun fact about bitcoin that could make your work beautiful

Exactly, as OP mentioned Bitcoin was 14 years so by those years it would be impossible to have a lot of history about Bitcoin. This is actually a common knowledge for Bitcoin like basic background but if were going to post a thread maybe putting some sources would be good. In the time of pandemic, since people were not allowed to go outside due to covid-19 so almost everyone are using gadgets and crypto became famous especially into my country PH. People invested here despite the mindset of easy money but as we know FOMO is common back days so when the bull run ends. A lot of people also loss a huge amound of assets. Maybe in next decades Bitcoin would fly high up and will change a lot of people's life. From P2P game after it died, they transfer to investing and trading then boom huge loss. Not even doing their own research just to be part of the trend.
legendary
Activity: 2968
Merit: 3684
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July 08, 2023, 01:04:49 PM
#17
This is so DRY!!! You should come up with deeper and interesting facts about bitcoin. Something like Bitcoin will be 15 years by October...the first transaction between Nakamoto and Hal...the very big all-time high in the year 2020 at the peak of COVID-19... These are fun fact about bitcoin that could make your work beautiful

Please why not let's encourage the rehash writers and Chatgpt warriors. Originality is already so hard to find, the forum uncovers gems every now and then, but only because we don't keep having to look back at past laurels.

Years ago, you'd hear of all kinds of people breaking new ground. Traversing South America teaching people about Bitcoin. Getting rebels and misfits in some unrecognised republic in Syria to use Bitcoin. Now it's... shooting Bitcoin to the stars or rewriting "deeper and interesting" yet tired facts. Is that the best we can come up with?
legendary
Activity: 2114
Merit: 1403
Disobey.
July 08, 2023, 12:49:26 PM
#16
It was developed by new modern technology thinkers with P2P clue,
Point of correction, we do not know if Satoshi Nakamoto is a man, woman or a group which is the main point that people needs to let others know, but according to what you said in your post, it will make people to be confused that bitcoin was created by a group of people which means Satoshi is known or known to be a group. No one knows who Satoshi is.

[...]

That is correct. However we can read every post Satoshi made on the topic of Bitcoin. Actually it's all archived in this forum!
Check this profile to read up on it: https://bitcointalksearch.org/user/satoshi-3

@OP, your post seems kinda random. If you want a deep dive into Bitcoin history, just check Satoshis profile I have linked to above and read some of his posts. Have fun.
legendary
Activity: 966
Merit: 1042
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July 08, 2023, 12:25:16 PM
#15
We are all Satoshi and I hope that man won't be another Faketoshi.

Bitcoin prehistory. Your topic title is misleading but let me introduce you that topic.

Really we all are? and I must say your term faketoshi is interesting I should mark it in the dictionary...

Topic title is misleading naahh, I don't think it can click betting but I am not sure about it because it's not a view game. Prehistory is not that interesting. I thought it will be something out of the world but it's pretty simple.
hero member
Activity: 3038
Merit: 617
July 08, 2023, 12:03:07 PM
#14

I'm already doubting that it can not be manipulated because of Blackrock's interest in Bitcoin. Once they use the huge amount of money in BTC and buy them all up. I think they will own the network by then. And then they can also use the government to regulate mining with ESG compliance and so on. I remember there were people in a podcast discussing all these and they were worried too.

Good to see Dennis Porter testifying for Mining benefits.

hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
July 08, 2023, 11:22:12 AM
#13
No one is sure about the founder if it is a man or woman as you can read from other reply in this thread and you didn't even include about Bitcoin's price reaching new ATH price. Not that I want you to get offended or something like that or you might think that I am criticizing you but I don't. I just want you to know about it and let you know that there are more information that you should know. I know we are not perfect and make mistakes but mistakes are what will help us make ourselves a better version than yesterday.
hero member
Activity: 952
Merit: 555
July 08, 2023, 10:23:18 AM
#12
There is still hope and enough package to come from BTC, keep holding.

One of the best asset to hodl is bitcoin because of it profitability and many investors that have taken decision on this already knows the benefits that comes in bitcoin investment with time, today the same reason for one to invest is also made available for us with the use of this bear season to invest and hodl till we have something good enough to realize over time with our investment, we buy the dip, hodl and sell and the same procedures continues over time as bitcoin keep increasing in value each halving.
jr. member
Activity: 83
Merit: 2
July 08, 2023, 08:37:53 AM
#11
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
Dennis Porter founder of Satoshi Act Fund, testified yesterday to the Missouri House of Representatives
 
There is still hope and enough package to come from BTC, keep holding.
This is so DRY!!! You should come up with deeper and interesting facts about bitcoin. Something like Bitcoin will be 15 years by October...the first transaction between Nakamoto and Hal...the very big all-time high in the year 2020 at the peak of COVID-19... These are fun fact about bitcoin that could make your work beautiful
legendary
Activity: 3010
Merit: 1280
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March 05, 2023, 03:32:01 PM
#10
BTC grow from zero to hero in few years of existence and afterwards busted in price in 2009, many begins to invest in the project and in 2017 the price moved to $11k, at this point BTC already made many millionaires and billionaires and many still invest at high price value and achieved good journey to this point.
Why would you say that the price moved to $11K, yet there was a historic all-time high of $20K or close to it at that time?
Was I in a different metaverse at that time?

The price did ATH at $20k during 2017 but is is also not wrong that BTC move to $11k.  I think you are both in the same metaverse and the same timeline but @OP just posted an early  Bitcoin surge record of $11k which goes up to what you posted as $20k.    And it is true that when BTC surges to $11k, it creates several millionaires if not billionaires in the crypto sphere.

You tell the history of bitcoin, but in my opinion you tell it incomplete and you also don't include your writing about the bull run in 2021 and also the price at that time.

for people who survive and are strong in holding bitcoin, they will definitely have the opportunity to benefit.

Also, he failed to state the price crash after the Bitcoin price ATH on 2021.  Maybe @OP is in rush creating this thread.
hero member
Activity: 868
Merit: 737
March 04, 2023, 07:00:54 PM
#9
Bitcoin prehistory. Your topic title is misleading but let me introduce you that topic.
your proven link I read prehistory begins in 1974, Robert E. Kahn / Vint Cerf TCP/IP = Internet,
which I think (that intellection) does not begin from that year (1974) but is older than that year is, but begin from (1644) in London by John Milton.

Quote
This is true liberty, when free-born men,
Having to advise the public, may speak free,
Which he who can, and will, deserves high praise;
Who neither can, nor will, may hold his peace:
What can be juster in a state than this?

free without being tied down thirds party, or anything

Areopagitica: A Speech for the Liberty of Unlicensed Printing to the Parliament of England
jr. member
Activity: 74
Merit: 1
March 04, 2023, 06:14:04 PM
#8
You tell the history of bitcoin, but in my opinion you tell it incomplete and you also don't include your writing about the bull run in 2021 and also the price at that time.

for people who survive and are strong in holding bitcoin, they will definitely have the opportunity to benefit.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
March 04, 2023, 05:51:54 PM
#7
BTC grow from zero to hero in few years of existence and afterwards busted in price in 2009, many begins to invest in the project and in 2017 the price moved to $11k, at this point BTC already made many millionaires and billionaires and many still invest at high price value and achieved good journey to this point.
Why would you say that the price moved to $11K, yet there was a historic all-time high of $20K or close to it at that time?
Was I in a different metaverse at that time?
sr. member
Activity: 2422
Merit: 267
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March 04, 2023, 08:42:31 AM
#6
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
Dennis Porter founder of Satoshi Act Fund, testified yesterday to the Missouri House of Representatives

It was developed by new modern technology thinkers with P2P clue, when it was first introduced the price was less than a dollar, few people occupied the opportunity and many despite the project. BTC grow from zero to hero in few years of existence and afterwards busted in price in 2009, many begins to invest in the project and in 2017 the price moved to $11k, at this point BTC already made many millionaires and billionaires and many still invest at high price value and achieved good journey to this point.

There is still hope and enough package to come from BTC, keep holding.

https://twitter.com/DocumentingBTC/status/1631090187018043392
everyone really hopes for bitcoin at this time and it has become an interesting investment and this is certainly beyond everyone's expectations when it was initially introduced, a very unexpected achievement from one Satoshi Nakamoto. it is clear that the journey is quite fast when viewed from all the investments because the developments that have occurred are not expected to go this far and be as valuable as it can even be said to be quite expensive and very profitable for an investment.
everyone who has been immersed in investing in bitcoin clearly hopes that bitcoin will continue to increase in the future, there is always new hope in each halving period to come. there are no words to continue to survive and make bitcoin an attractive investment.
hero member
Activity: 2842
Merit: 772
March 03, 2023, 11:36:45 AM
#5
#Bitcoin was created 14 years ago to give people across the planet access to a form of money that cannot be inflated nor minipulated",
Dennis Porter founder of Satoshi Act Fund, testified yesterday to the Missouri House of Representatives

It was developed by new modern technology thinkers with P2P clue, when it was first introduced the price was less than a dollar, few people occupied the opportunity and many despite the project. BTC grow from zero to hero in few years of existence and afterwards busted in price in 2009, many begins to invest in the project and in 2017 the price moved to $11k, at this point BTC already made many millionaires and billionaires and many still invest at high price value and achieved good journey to this point.

There is still hope and enough package to come from BTC, keep holding.

https://twitter.com/DocumentingBTC/status/1631090187018043392

And another point of correction is that it is not the first one, you can see where Satoshi took his inspiration at, it was at the footnote of the bitcoin whitepaper. So it was an inspiration from several people.

You taking about hope? we are not that desperate, we are still very much alive, bear and bull market, it's just part of the ecosystem.

Not sure though if you have experience what you are preaching here, that is to HODL.
jr. member
Activity: 70
Merit: 5
Bet2Dream.com
March 03, 2023, 04:34:56 AM
#4
If you are trying to make a good topic on the history of Bitcoin carry out some good research don't just read it somewhere and post it. Check out what is correct or wrong learn more about your topic.you should also understand the topic so if anyone ask you a question you would be able to answer them, defending your topic.
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