First Cryptocurrency? | Bitcointalksearch.org

dillpicklechips

hero member

Activity: 994

Merit: 507

Quote from: meanwords on July 23, 2019, 12:42:13 AM

Bitcoin is not the first Digital currency created but I think the first cryptocurrency created which is decentralized. I think there's an article written by investopedia somewhere in the internet. It's an interesting read, try it.

Is the article u said is this one? https://www.investopedia.com/terms/b/bitcoin.asp , but then again it may not be the first digital currency created but look where is bitcoin now? if it surpassed the old currency that are made from the past maybe it would even surpassed the one we have today.

I just want to share this article that I've read and I hope it can help somebody, and it's very interesting to read also, thumbs up to this article, the summary of it is a currency a digital currency game, the asset called PDE (Project Entorpia Dollars).

The game itself called is Entropia universe which is released on time of 2003, which players able to earn money, real money.

Article: https://steemit.com/gaming/@enjar/bitcoin-not-first-digital-currency-i-profited-from

CoinFoxs

copper member

Activity: 1722

Merit: 1004

PredX - AI-Powered Prediction Market

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

Read this https://en.wikipedia.org/wiki/Digital_currency and you will get your answer. There are some myths that bitcoin is the first-ever digital currency but it is not true the scenario is different. Please look into the article for a detail understanding.

NeironixNV

jr. member

Activity: 42

Merit: 1

https://neironix.io/

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

I think it’s not exactly known which first cryptocurrency appeared, but it’s definitely not bitcoin, because before him in the 90s, blockchain technology developed and even then there were the first digital money.

chaoscoinz

sr. member

Activity: 1151

Merit: 260

☆Gaget-Pack☆

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

I'm not sure what the first early models of cryptocurrencies looked like, perhaps E-gold? I know the first modern day cryptocurrency I invested in was with Bitcoin. At first I had thought Bitcoin was the new E-Gold, so I didn't invest 10 years ago, boy was I wrong. Cheesy

I've been kicking myself ever since!

teosanru

hero member

Activity: 2114

Merit: 618

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

Cryptocurrencies is an ambiguous term some claim that all kinds of digital money can be attributed as Cryptocurrency but as per this way almost every digital means of payment like paypal would also be considered a Cryptocurrency too. While some consider that money over blockchain can be attributed as Cryptocurrencies because if this is the definition then bitcoin will be the first Cryptocurrency.

bitzizzix

sr. member

Activity: 2366

Merit: 448

SOL.BIOKRIPT.COM

It is clear that the first cryptocurrency discovered was Bitcoin, which was discovered by Satoshi Nakamoto in January 2009.
and over time Altcoin comes as a bitcoin replica where there are various types of coins or tokens on Atlcoin and it all depends on the blockchain system, because all transactions are recorded using the blockchain system.

barabarian1

sr. member

Activity: 938

Merit: 250

of course cryptocurrency first and foremost in the crypto market is bitcoin. bitcoin and blockchain technology have provided new breakthroughs in our financial system. the presence of bitcoin has provided many benefits for humans. many people can achieve financial freedom because of bitcoin. and bitcoin also provides employment for the unemployed.

bcoinseliot

newbie

Activity: 66

Merit: 0

Quote from: mk4 on July 22, 2019, 12:33:22 PM

Quote from: greekoflove on July 22, 2019, 12:00:12 PM

Not Bitcoin?

Nope. Bitcoin is just the first one that actually became decently successful and actually gained recognition everywhere. Most people just haven't heard of the past attempts for a global currency just because they weren't successful.

Read this: https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/

Oh, that's a very informative and interesting piece of information.
Truly saying, I assumed that there were some early attempts to create a cryptocurrency, but now I realize they were numerous than I might have thought. Still, interesting... by the way, thanks for the link

yohananaomi

sr. member

Activity: 2394

Merit: 267

Vave.com - Crypto Casino

Quote from: Velkro on October 21, 2019, 07:49:45 PM

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

Bitcoin.
That would be too simple answer Wink

, this is my first and last crypto. My time is worth more than dealing with sh*tcoins.
If something revolutionary will came up like Bitcoin did, i will get into that but that kind of invention is one time per 30-50 years.

Hope you all won't loose much on this copycats of bitcoin.

I also believe that bitcoin is the first crypto and is always sought after.
strange thing if we have to question about the existence of bitcoin and it's clear that bitcoin will always be sought when compared to others.
agree that don't lose your time with anything else, because bitcoin is very profitable.

sapnu

sr. member

Activity: 1050

Merit: 286

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

I think bitcoin is not the first cryptocurrency, maybe because it is the first cryptocurrency that becomes successful since it is decentralized and no one can shut it down and they do not even know who makes it or started it. Bitcoin is the most used cryptocurrency as of now since it is the center of transaction because you cannot buy some other tokens if you don't have one. In investing also, most of the projects requires bitcoin when you want to contribute to them. Bitcoin has also awesome platform that makes every user comfortable to buy it and use it as a payments. There are lots of projects that are promising and becomes successful but they are being dominated by the price and volume of bitcoin. Thats why bitcoin is considered first, maybe in standing yes.

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

Bitcoin.
That would be too simple answer Wink

, this is my first and last crypto. My time is worth more than dealing with sh*tcoins.
If something revolutionary will came up like Bitcoin did, i will get into that but that kind of invention is one time per 30-50 years.

Hope you all won't loose much on this copycats of bitcoin.

Lucas*

hero member

Activity: 826

Merit: 500

Quote from: veleten on October 21, 2019, 09:46:47 AM

while bitcoin was not the first cryptocurrency in the full meaning of the word
the definitions are different , but lets take this one: "a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank"
there have been attempts to combine cryptography and money in many ways and forms
but bitcoin was the first one to combine cryptography,money AND decentralization to be successful
in most cases , the pioneers failed to provide a good solution , be it Bit Gold or B-money (whatever was the first one)

I heard that digi cash was the first one, but BITCOIN was the famous one since 2008-2009 due to it's increasing while others still the same.

Lucas*

hero member

Activity: 826

Merit: 500

When we talk about blockchain or cryptocurrency the first thing that we thinking about it is BITCOIN, without doubt BITCOIN is the first crypto we heated about it from Satoshi Nakamoto. I heard about it since 2009 but I don't give it any importance but in 2013 it became more famous and now everyone talk about it.

Expecto

member

Activity: 980

Merit: 12

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

Many people suppose that Bitcoin is the first cryptocurrency in the market but actually it is not like that. The first cryptocurrency was a different one and the name of it was DigiCash.

Lmaooo

full member

Activity: 694

Merit: 108

santacoin.io

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

Before the bitcoin, there were some digital currencies that failed along the run because they are centralized and subjects to many attacks. Bitcoin is only successful today because it is a peer-to-peer digital currency that is fully decentralized.

veleten

legendary

Activity: 2016

Merit: 1106

while bitcoin was not the first cryptocurrency in the full meaning of the word
the definitions are different , but lets take this one: "a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank"
there have been attempts to combine cryptography and money in many ways and forms
but bitcoin was the first one to combine cryptography,money AND decentralization to be successful
in most cases , the pioneers failed to provide a good solution , be it Bit Gold or B-money (whatever was the first one)

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: riso2015 on October 21, 2019, 07:11:24 AM

Quote from: ?? on ??

Yes, it is not Bitcoin, some just did not become successful compare to Bitcoin, but it's fine, no matter what, still thankful that we have crypto in our life that makes our life easier, comfortable and have the opportunity to earn besides our normal income, cryptocurrency brings a lot of opportunity in the whole world. Besides that, almost all crypto users and uniting because of this as we are knowing each other, sharing thought via social media and telegram.

I never found another coin before Bitcoin was born, when Bitcoin was first born in 2009 and many people underestimated its existence, because it was still worthless, very cheap. But now Bitcoin has grown big and I am sure there will be greater development so that people will accept it.

Because you never look for them and why would you mind to spend time finding other crypto before bitcoin when they are already dead and won’t even give you a penny not like bitcoin and other crypto now who’s generating you income from joining campaigns and trading as well

And you are right that there are lots of development will happen in future not only in bitcoin but the alternative currencies as well

Palider

hero member

Activity: 1273

Merit: 507

Bitcoin is not the first crypto currency, Someone tried to create the first crypto currency but it failed. This was done to protect a Gasoline Station from being robbed again. Because they are being attacked by thieves every night, they have to make a card where they can deposit money and pay for it so there is no fiat money in every transaction.

To my knowledge the second crypto currency is the blinded cash. It was made by an American named David Chaum.

And Decentralize Bitcoin has followed that which is really helping our lives today.

riso2015

sr. member

Activity: 1246

Merit: 254

Trphy.io

Quote from: ?? on ??

Yes, it is not Bitcoin, some just did not become successful compare to Bitcoin, but it's fine, no matter what, still thankful that we have crypto in our life that makes our life easier, comfortable and have the opportunity to earn besides our normal income, cryptocurrency brings a lot of opportunity in the whole world. Besides that, almost all crypto users and uniting because of this as we are knowing each other, sharing thought via social media and telegram.

I never found another coin before Bitcoin was born, when Bitcoin was first born in 2009 and many people underestimated its existence, because it was still worthless, very cheap. But now Bitcoin has grown big and I am sure there will be greater development so that people will accept it.

barbara44

hero member

Activity: 2450

Merit: 605

Quote from: Mandoy on October 13, 2019, 11:48:42 PM

Quote from: Zentachain1990 on July 22, 2019, 10:55:54 AM

What is the First Cryptocurrency(First digital money)?

The first cryptocurrency is bitcoin but it is not the first digital money or cash. The first digital money or cash emerged in 1990s but sad to say most of theme gone bankrupt. The only remaining digicash or digital cash is Paypal and is still alive until today.

Bitcoin is the first digital money that uses blockchain technology. Then we called those currencies who use the said technology as cryptocurrency.

I think that there is a company itself that is called digicash which I think is the first Digital currency as you said but cryptocurrency has never existed until bitcoin was established and introduced to the whole world, wherein, this is the only cryptocurrency that I have known to be the best and cannot be competed with.

A lot of coins has risen after bitcoin establishment and till now, not a single project that you find in this market has ever been able to take the place of bitcoin in the heart of people, so unlike the other first digital cash that failed, bitcoin as digital currency will never fail because it's fate has been sealed by its effectiveness, the strong attachment of it to people and the reward that also came along with it for those that believes in its usage.

Topic: First Cryptocurrency? (Read 3271 times)