Topic: Happy 8th Birthday Bitcoin - page 2. (Read 2748 times)
Yess happy birthday to bitcoins .because of u i have beem able to earn money through it and able to supply myself with necessary stuffs with was too useful and i am too thankful to u.
I am using bitcoin for my personal purpose and for business purpose but till now i don't know what was the birth date of the bitcoin wow. Really very good to know about this, really bitcoin has changed many lives around the global with large user base. Year after year bitcoin is becoming more stronger and stronger, faced many challenges in current market to secure it's position on 1000$ mark.
It’s really great to find ourselves in this amazing technology. I am in bitcoin since 2014 and still I find myself (and even to them who joined today) early adapter because 8 years are nothing when it comes to the potential of bitcoin. It will change the way of our financial lifestyle in next few decades and hence we are extremely lucky to be inside in the first decade. Let’s be part of the revolutionary journey, let’s celebrate 0.8th version of bitcoin user base.
The birt of bitcoin is a great day.
Happy 8th birthday bitcoin.
Happy 8th birthday bitcoin. Great cryptocurrency and best investment for fast and long term.Happy 8th birthday bitcoin.
A surprise for bitcoin users, when birthday the price was up to $1.100. We all do not think that the price increase so fast and high in just a few days.
Even though I am a bit late "Happy Birthday Bitcoin!". Two more years and Bitcoin will reach it 10th Birthday. Another 10 more years Bitcoin will be mature as an 18 year old technology.
The birt of bitcoin is a great day.
Happy 8th birthday bitcoin.
Happy 8th birthday bitcoin.
hsppy Birthday to this great community....
Keep up the good work.
Keep up the good work.
Some fun info, since everyone loves to learn!
Some of the things Satoshi picked were just educated guesses,
“My choice for the number of coins and distribution schedule was an educated guess.
It was a difficult choice, because once the network is going it's locked in and we're stuck with it.
I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that's very hard.
I ended up picking something in the middle.
If Bitcoin remains a small niche, it'll be worth less per unit than existing currencies.
If you imagine it being used for some fraction of world commerce, then there's only going to be 21 million coins for the whole world, so it would be worth much more per unit.
Values are 64-bit integers with 8 decimal places, so 1 coin is represented internally as 100000000. There's plenty of granularity if typical prices become small.
For example, if 0.001 is worth 1 Euro, then it might be easier to change where the decimal point is displayed, so if you had 1 Bitcoin it's now displayed as 1000, and 0.001 is displayed as 1”
On the initial release of Bitcoin,
In August of 2008 the domain name bitcoin.org was registered anonymously through anonymousspeech.com, which is the email SN used to communicate with others.
Around this time SN contacted others such as Adam Back and Wei Dai and Hal Finney and suggested they read a pre-release to the white paper. No copies of this pre-release (other than the abstract) are known to exist, the most likely candidate for keeping a copy was the late Hal Finney.
The abstract of this pre-release does not include the word bitcoin but instead this proposed white paper says “Electronic Cash Without a Trusted Third Party”
On October 31st, 2008 SN published the white paper on Bitcoin to a mailing list for cryptography through metzdowd.com. He later says he created the code before writing the white paper.
On November 9th the project is registered on SourceForge.net, a website used for open source software at the time. Sourceforge has since garnered a poor reputation, the Bitcoin code is currently hosted on GitHub. GitHub allows software developers to work together with ease, very helpful on open source projects.
The P2P foundation profile of him (SN) states he was in 2009 a 37 year old male who lived in Japan. By monitoring what date the age changed on his profile a birthday of April 5th 1975 was found.
On April 5th 1933 FDR signed an order outlawing US citizens from holding gold, on January 6th 1975 sales of gold in the US were made legal again.
Jan 3, 2009: The Genesis Block is mined. Satoshi would wait another 6 days until Jan 9th to release the first version of the client, 0.1, to others.
Included in the coinbase data for the Genesis block is the message, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”
The first transaction happened on the 12th between SN and Hal Finney.
In October of 2009 the first exchange rate was established based on electricity costs to run miners at the time, $1 in electricity could be used to mine roughly 1,300 btc. That is 0.000769 cents per btc.
The first update, a release to version 0.2 and the first difficulty increase happened December 30th 2009 from 1 to around 1.1829. Within the next year the difficulty would rise to over 1,000.
SN contributed to the network for around a year. His last public post was on December 12th 2010 just a day after posting, “... WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.”
Some of the things Satoshi picked were just educated guesses,
“My choice for the number of coins and distribution schedule was an educated guess.
It was a difficult choice, because once the network is going it's locked in and we're stuck with it.
I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that's very hard.
I ended up picking something in the middle.
If Bitcoin remains a small niche, it'll be worth less per unit than existing currencies.
If you imagine it being used for some fraction of world commerce, then there's only going to be 21 million coins for the whole world, so it would be worth much more per unit.
Values are 64-bit integers with 8 decimal places, so 1 coin is represented internally as 100000000. There's plenty of granularity if typical prices become small.
For example, if 0.001 is worth 1 Euro, then it might be easier to change where the decimal point is displayed, so if you had 1 Bitcoin it's now displayed as 1000, and 0.001 is displayed as 1”
On the initial release of Bitcoin,
In August of 2008 the domain name bitcoin.org was registered anonymously through anonymousspeech.com, which is the email SN used to communicate with others.
Around this time SN contacted others such as Adam Back and Wei Dai and Hal Finney and suggested they read a pre-release to the white paper. No copies of this pre-release (other than the abstract) are known to exist, the most likely candidate for keeping a copy was the late Hal Finney.
The abstract of this pre-release does not include the word bitcoin but instead this proposed white paper says “Electronic Cash Without a Trusted Third Party”
On October 31st, 2008 SN published the white paper on Bitcoin to a mailing list for cryptography through metzdowd.com. He later says he created the code before writing the white paper.
On November 9th the project is registered on SourceForge.net, a website used for open source software at the time. Sourceforge has since garnered a poor reputation, the Bitcoin code is currently hosted on GitHub. GitHub allows software developers to work together with ease, very helpful on open source projects.
The P2P foundation profile of him (SN) states he was in 2009 a 37 year old male who lived in Japan. By monitoring what date the age changed on his profile a birthday of April 5th 1975 was found.
On April 5th 1933 FDR signed an order outlawing US citizens from holding gold, on January 6th 1975 sales of gold in the US were made legal again.
Jan 3, 2009: The Genesis Block is mined. Satoshi would wait another 6 days until Jan 9th to release the first version of the client, 0.1, to others.
Included in the coinbase data for the Genesis block is the message, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”
The first transaction happened on the 12th between SN and Hal Finney.
In October of 2009 the first exchange rate was established based on electricity costs to run miners at the time, $1 in electricity could be used to mine roughly 1,300 btc. That is 0.000769 cents per btc.
The first update, a release to version 0.2 and the first difficulty increase happened December 30th 2009 from 1 to around 1.1829. Within the next year the difficulty would rise to over 1,000.
SN contributed to the network for around a year. His last public post was on December 12th 2010 just a day after posting, “... WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.”
The history that I just read of some parts about bitcoin dev in the first place.
I've never done a searched for this information and feel too much to read and load in my memory, good idea to save the articles.
Usually, new comers don't care about details history and only read the big part of whole stories to understand about it.
You know, it seems much shorter than eight years. I guess because the mainstream still hasn't got into it. Still adoption is faster than that of the internet when it was launched, so we are on schedule.
Happy birthday Bitcoin and Mr Satoshi where ever you are, you are the reason why many of us are making a good part time income. 8 years where did the time flow, a coin available at 10 cents ignored by most and now at 1000+$ soughted by all. Ironic isn't it. Wonder if there is any person in this thread who bought it at 10 cents and has yet have few, Mr Richie rich do show up. Let's keep up the Bitcoin name always going high and only high.
WOW 8 years and still going strong, heres to the next 80, 
woow time passes so fast, i remember when i joined bitcoin for the first time about 3 years ago the price was dumping untill hit 200 dollars, many people lost their beliefs to bitcoin, at this point bitcoin has finally touches 1000 dollars each especially on it's birthday. Regret deeply i didn't buy much bitcoin when the price was cheap, now all that i can say congratulation for those who hold untill this point, hopefully bitcoin will touch 2000 dollars as people hoped and there will be more merchants accept bitcoin as payment method also it will get more popular.
Happy 8th years anniversary bitcoin. Cheers for the 8th year success and more anniversary to come.
Let us all celebrate the tremendous success and hoping for a positive ahead of the year and more years to come.
We all deserve this success so rock and roll.
Let us all celebrate the tremendous success and hoping for a positive ahead of the year and more years to come.
We all deserve this success so rock and roll.
I just know that this is the month of the birth of bitcoin. but, I guess that's good, because, this way, bitcoin has survived until today, and at the birth of bitcoin, the back has a high price. Well, this may be a gift from bitcoin, because it has survived until today. I just hope the next birthday, the price is getting higher.
lol I didn't know that bitcoin is already 8 years on giving us a really great benefits . well I hope that there are many surprise to come brought by bitcoin and it would be having such a great value in the future .
Happy Birthday Bitcoin
When bitcoin was created the most optimistic supporters could not foresee its current price. On the contrary, I have the view that they would expect a greater adoption worldwide as payment system for goods or services instead of the way most of us we use it today; that is as a commodity for hoarding only. Anyway happy, 8th birthday bitcoin!
8 Years are still infancy compared to other emerging technologies, so we have done a excellent job compared to other technologies that has been around for years. We have gone to the top performing currency or should I rather say commodity for the last couple of years and a market cap bigger than Twitter. It might be a bit early, but I think the Tween years will be our best years. ^smile^
The good news is most people think it's too late to buy bitcoin now, which means we are pioneers. Once FOMO kicks in and it goes to 10k+, the people that say 1k is too late will be hating themselves for life at the realization of how they missed the boat twice, from 0 to 1k then from 1k to 10k, but these people can never learn, they are the ones that miss on all the new exciting investments.
Happy birthday from Poland!
Indeed, Happy Birthday bitcoin & thank you to Satoshi for your creation. You have already made lots of us decent amounts of profit, please continue to do so
Yup, indeed we should should thank the creators of the bitcoin. Because with the emergence of the bitcoin now can we get a tremendous advantage, and in the bitcoin also our lives become better than ever. Yet it also thanks all hard work of satoshi satoshi, if no then our lives will not be changed because the sure emergence of bitcoin does not exist. Unfortunately this haven't we can do to give a big thank you fit the target. Hope always triumphs and have better growth and greater
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