Topic: Bitcoin's Ups and Downs over the last 10 years - page 2. (Read 342 times)
I am having trouble finding the exact dates but around 2014 casinos that accept Bitcoin started appearing, and it was also a big boost of adoption we should not forget about. Some of the casinos made back then are still active and trusted (FortuneJack and Crypto-Games, for instance). I would also add a downside of September of 2018 when a bug that seems similar to the one way before and so in a sense a critical bug was discovered: https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret. Luckily, it was fixed in time, and everything got back to normal. But that was a close one.
Well honestly I don't agree that these ups and downs went accordingly to the year by year because all I remember is that these actually went very abrupt suddenly even 3-4 things in 1 day .
It's not a simple chart it is super complicated, we cannot even start thinking about the price chart you would see how it changes every hour , considering the competition if bitcoins I think that was a good thing , it made people engage in bitcoins even more.
It's not a simple chart it is super complicated, we cannot even start thinking about the price chart you would see how it changes every hour , considering the competition if bitcoins I think that was a good thing , it made people engage in bitcoins even more.
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
I have
Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:
https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
This would be a great reminder for those investors who are very close to giving up already. Bitcoin has been through many ups and downs for the past couple of years but still it was able to survive and outshine all the other crypto existing. It was able to hold its place on the very top amidst experiencing crisis and criticism by different people all over the globe. This should be a reminder to us that bitcoin, even after going down so hard, can still recover its value and get back to its composure of having a very large equal amount and make its enthusiasts benefit the most sooner or later. https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
I like the year when someone buys pizza with Bitcoin that one is an epic, but the pretty much important part is the year when Bitcoin is introduced to us, but as for myself only I think the ups and down to Bitcoin is the people that are trusting it and making it the way it is right now because without us Bitcoin will be nothing in my opinion.
So I guess the part where we establish bitcoin to our life is the most important thing here where your friend or you had known and started earning Bitcoin, Or you had known this forum Bitcointalk and made an account to it, I guess that was the most sentimental years that I have been my first earning with Bitcoin, I guess the ups and downs of Bitcoin is having us the enthusiast that keep on supporting it.
So I guess the part where we establish bitcoin to our life is the most important thing here where your friend or you had known and started earning Bitcoin, Or you had known this forum Bitcointalk and made an account to it, I guess that was the most sentimental years that I have been my first earning with Bitcoin, I guess the ups and downs of Bitcoin is having us the enthusiast that keep on supporting it.
it wasn't expensive since back then 10k bitcoin was worth around the same value as Pizzas. it is like saying 0.002BTC is too expensive today because bitcoin will some day be worth $1 million.
Exactly. The bitcoin ups and downs itself giving us a painful memory when you made a purchase at the time when bitcoin value far lower than the current value.
For example I was paying my internet bills back in 2014 with 0.2 bitcoin monthly that time bitcoin value is at around $500 and my internet bill was only $100 , it's worth $1,400 now!
And guess I bought a car ... with around 25 bitcoin! That time worth around $13,000 . I should have a McLaren now with that 25 bitcoins!
This kind story will always made everyone's day, bring it on!
Yeah steam accepted bitcoin for payment options but when the bull run starts they later on remove it because they can't afford to pay the transaction fees. I think that was my low moments that I remembered so far.
After that the bitcoin price reached the $20,000 there is a massive fallback happening then due to the price correction.
After that the bitcoin price reached the $20,000 there is a massive fallback happening then due to the price correction.
Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:
https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
My top moment was in 2017, and not only because of the growing price of thr BTC, but because of rising prices of huge amount of altoins as well. All alts were on their top success, and it was like yesterday you get or buy some coins and some days after or even tomorrow you get the real big amount on your wallet. And there were so many moments like that, people even did not catch this rising, because there were lots of rising coins. It was easy to earn a lot in a short period of time. The worst year was 2018 when the whole market started to fall down...
2017: Bitcoin hits $19K.
In 2017 many people were happy because bitcoin reached $ 20k that year, but on the 10th birthday of bitcoin it declined even worse I think this is the lowest moment for me because I know that experts continue to predict bitcoin will reach $ 19k this year.
2017: Bitcoin hits $19K.
In 2017 many people were happy because bitcoin reached $ 20k that year, but on the 10th birthday of bitcoin it declined even worse I think this is the lowest moment for me because I know that experts continue to predict bitcoin will reach $ 19k this year.
Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:
https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
For me the things I remember are the price bubbles in 2013 and 2017 and the subsequent crashes. A couple of other big moments are the collapse of the exchange MtGox and the exchange Cryptsy.
2010: When the great Mr. Hanecz used BTC to pay for 2 pizzas. Damn to think that he paid 10,000 BTC for those 2 pizzass... Most expensive dinner ever!
The Bitcoin Pizza day is one of my favorite Bitcoin moments and there's a lot of lessons to be learnt. It does reflect how we make decisions. The guy who sold 10000 BTC is no different from everyone who dumped all their Bitcoin holdings between November 2018 to January 2019 for =>3200. Early adopters will benefit. A decade from today, we should be part of the selected few to enjoy if we make the right decisions about our assets or we'll be just like Hanyecz.
I wouldn't categorically call Satoshi a random guy.
Low moments? Mt. Gox heist, up to this day, settlement is still on-going. So this ghost in the past is still haunting us all.
I also say that Litecoin is not a competition to Bitcoin, remember that Litecoin uses almost the same code of Bitcoin as far as I know, so it's too complement and not to compete.
Low moments? Mt. Gox heist, up to this day, settlement is still on-going. So this ghost in the past is still haunting us all.
I also say that Litecoin is not a competition to Bitcoin, remember that Litecoin uses almost the same code of Bitcoin as far as I know, so it's too complement and not to compete.
2010: When the great Mr. Hanecz used BTC to pay for 2 pizzas. Damn to think that he paid 10,000 BTC for those 2 pizzass... Most expensive dinner ever!
At this particular time, 10 000 BTC was worth exactly 2 pizzas.It can be hard to imagine now, but then bitcoin tried to gain any value at all, it was just project like many that never gained traction and people didnt use it. But it did
April 2017 when Japan started regulating bitcoin.
That was a big blast for other countries.
Why would Japan do it. One of the most high technology in the world.
Another question is how they did it.
We may know by now that many countries are still against the bitcoin technology. They just want to control the financial system and to avoid people from having freedom and privacy. Pfft.
That was a big blast for other countries.
Why would Japan do it. One of the most high technology in the world.
Another question is how they did it.
We may know by now that many countries are still against the bitcoin technology. They just want to control the financial system and to avoid people from having freedom and privacy. Pfft.
Y'all probably know I'm a big fan of these guys now - but seriously, I had to share this. A complete overview of the ups and downs of BTC over the past decade:
https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
https://cryptotradernews.com/cryptocurrency/the-highs-and-lows-of-a-bitcoin-decade/
I think that amidst all the market chaos that we're currently going through, it's important to remind ourselves that we've already been through hell and worse.
My top events:
2008: First whitepaper comes out by this random guy named Satoshi Nakamoto
2011: First big competitors such as Litecoin start to emerge
2013: First BTC ATM launches in a coffeeshop in Canada
2016: Steam videogame platform starts to accept BTC
2017: Bitcoin hits $19K.
What are your top/low moments??
2018: Steam videogame disables bitcoin because mempool delays are up to three weeks and fees have gone insane. Bitcoin tanks reaching $3400 in early 2019 before climbing back up to about $8000.
We're still dealing with the fallout of that debacle in late 2017/early 2018 over the mempool delays.
Yes the 2017 $19k is very fantastic. It really gives more excitement in cryptocurrencies and bitcoin as a whole. I think this year's had also ita lowest and that I also quite regret to not buying more. Anyway, it was really a tough 10 years ups and downs but the journey is still going on. There are lot of speculations or expectations and all I can say is to always hope for the best. I enjoy earning it so far and the future is just patiently waiting.
2010! The birth of coinbase!!!! First crypto exchange
there were at least a dozen other exchanges before coinbase. in fact Coinbase didn't even exist back in 2010, it was created 2 years later in 2012.
by the way the first bitcoin exchange was called bitcoinmarket.com which is no longer around.
Most expensive dinner ever!
it wasn't expensive since back then 10k bitcoin was worth around the same value as Pizzas. it is like saying 0.002BTC is too expensive today because bitcoin will some day be worth $1 million.
2010: When the great Mr. Hanecz used BTC to pay for 2 pizzas. Damn to think that he paid 10,000 BTC for those 2 pizzass... Most expensive dinner ever!
2010! The birth of coinbase!!!! First crypto exchange
Jump to: