Ops why didn't you mention the prices at that time at least it could have given your readers more insight as to what you are saying, I was hoping to see how much in the figure the price of bitcoin was as at the time mentioned in your write-ups to give us accuracy and not just speculate around it.
There is no doubt in the fact that Bitcoin has gone through some historic events and the mentioned ones are just a few among many others and as a matter of fact, you did not cover most of the important events when it comes to Bitcoin.
Topic: Some notable events in Bitcoin history (Read 125 times)
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How about the major price crash in the history of Bitcoin as well? I think when pointing out the best side of history, it should also be noted that there were times when the price was so low that most people were even thinking that Bitcoin was about to go dead. Some time ago, while I was going through some price history of Bitcoin, I came across the picture Below, which represents the major price crash of Bitcoin, which most people seem to over look, and that's the reason why some people are unable to hold their Bitcoin when the price begins to decline; they forget that the market has even gone worse in the past.
The new halving of Bitcoin in 2024, we who are Bitcoin investors can expect good things.
When we are discussing about notably event on bitcoin history i expect you to dive more into the bitcoin Halving which normally ofcourse every four years, which next year 2024 is the next one where their will be a bullrun ad the price will shift to achieve a new all time high, also in addition, i expect more discussion on all time low as well to consider them with the all time high over the years and so many additional researches with a chart proof comparison in analyzing the difference over years.
I like to remember it like the prestigious world cup tournament which comes into play once in 4years and that's just what we have in halving which affects the shelf life of block rewards, makes mining the more difficult and it's often followed with a price adjustment towards the bulls.
So yeah, the halving is a worth well enough event to be taken into cognisance and we hope go see the next one come 2024.
Bitcoin is a cryptocurrency created using blockchain technology. It is currently the best known and most mapped cryptocurrency. Following are examples of some notable events in Bitcoin prices and events at different times:
1. Early Price Recovery (2009): Bitcoin was first published in 2009 by an unknown person named Satoshi Nakamoto, the founder. Bitcoin value is usually measured in terms of US dollars. Generally it was still of very low value.
2. First Transaction (2010): In 2010, a New Zealand man made a 10,000 Bitcoin transaction to order a pizza at Jamia. This event is the first time a mapped transaction has occurred.
3. Huge increase (2013): In 2013, the value of Bitcoin experienced an extraordinary increase. At this time, the price of Bitcoin reached the highest price for the first time.
4. The beginning of good times for Bitcoin : In 2017, the price of Bitcoin showed a wonderful flight. At this time a price hike went up to 20,000 marks until tomorrow. It was a time of incredible profits through Bitcoin and became known as goodwill in the crypto market.
5. Administrative settlement (2017): In 2017, the Chinese government issued a controversial settlement on the valuation of cryptocurrencies instead of a controversial one. This is an example of Bitcoin mean beating phenomenon.
6. Bitcoin's next high (2021): In 2021, the price of Bitcoin reached a next high. It goes up to $64,000.
The above data are some examples of Bitcoin prices and notable events, but Bitcoin prices fluctuate and different events occur at different times.
That's why we need to keep an eye on the cryptomarket to know the current prices.
The new halving of Bitcoin in 2024, we who are Bitcoin investors can expect good things.
From 2009 Bitcoin overcome many obstacles to came here. Bitcoins first transaction was held in New zeeland 2010. A person bought a pizz by 10k bitcoin. But we know what is running price of bitcoin. I think now near about 100000 pizza could be buy by 1 Bitcoin. What a fantastic progress for bitcoin. After creation Bitcoin many ups and down we saw. Many remarkable event held for bitcoin history. In 2021 Bitcoin price was ATH, then Bitcoin price touched $69k. Now bitcoin price $30k. Now bitcoin price is showing uptrend. Last week bitcoin price increased near about 10%. I think this train will continue and within this year or first of 2024 Bitcoin price will hit new ATH meeans All time high. My thinking Within 2024 Bitcoin price will hit $100k. Best wishes for bitcoin traders and holders. 1. Early Price Recovery (2009): Bitcoin was first published in 2009 by an unknown person named Satoshi Nakamoto, the founder. Bitcoin value is usually measured in terms of US dollars. Generally it was still of very low value.
2. First Transaction (2010): In 2010, a New Zealand man made a 10,000 Bitcoin transaction to order a pizza at Jamia. This event is the first time a mapped transaction has occurred.
3. Huge increase (2013): In 2013, the value of Bitcoin experienced an extraordinary increase. At this time, the price of Bitcoin reached the highest price for the first time.
4. The beginning of good times for Bitcoin : In 2017, the price of Bitcoin showed a wonderful flight. At this time a price hike went up to 20,000 marks until tomorrow. It was a time of incredible profits through Bitcoin and became known as goodwill in the crypto market.
5. Administrative settlement (2017): In 2017, the Chinese government issued a controversial settlement on the valuation of cryptocurrencies instead of a controversial one. This is an example of Bitcoin mean beating phenomenon.
6. Bitcoin's next high (2021): In 2021, the price of Bitcoin reached a next high. It goes up to $64,000.
The above data are some examples of Bitcoin prices and notable events, but Bitcoin prices fluctuate and different events occur at different times.
That's why we need to keep an eye on the cryptomarket to know the current prices.
The new halving of Bitcoin in 2024, we who are Bitcoin investors can expect good things.
What about this as a notable Bitcoin event that we should consider adding to our Bitcoin history book? 🤔
So far we have had three halvings, and the fourth is fast approaching, and funny enough, we always do have some sort of crisis, or will I say some price dump, on or before the Bitcoin halving, which usually drops the price of Bitcoin drastically to its lowest level compared to its ATH.
1. As we know, the first halving happened in 2012, and during this time, the price dump happened just a year before the halving, which was In 2011, when the price fell from $30 to $2. And this was as a result of the Mt. Gox exchange hack incident, in which a total of about 850,000 Bitcoins were stolen.
2. The second one was 2016, and the price dump was in 2014. After the price pumped in December 2013 and reached a new all-time high of $1200, the next month, January 2014, the price fell below $550, and this was as a result of the Announcement made by China, who have always been against crypto, which states "Bitcoin was not a currency and could not be used as a form of payment."
3. The most recent halving occurred in 2020, which was the one I experienced, but before the halving, the price had already reduced from its all-time high, which it achieved in December 2017, which was about $20k+, but within a period of a year, there was a global regulatory attack on ICOs (Initial coin offerings), just as the SEC is attacking Security tokens. Back then, the regulators requested exchanges comply with what they called "Anti-money laundering (AML). This, I believe, was when AML and KYC became mandatory for most of the centralized exchanges out there. The pressure that came with this resulted in the price crash from $20k+ to its lowest of $3,500 in December 2018.
1. As we know, the first halving happened in 2012, and during this time, the price dump happened just a year before the halving, which was In 2011, when the price fell from $30 to $2. And this was as a result of the Mt. Gox exchange hack incident, in which a total of about 850,000 Bitcoins were stolen.
2. The second one was 2016, and the price dump was in 2014. After the price pumped in December 2013 and reached a new all-time high of $1200, the next month, January 2014, the price fell below $550, and this was as a result of the Announcement made by China, who have always been against crypto, which states "Bitcoin was not a currency and could not be used as a form of payment."
3. The most recent halving occurred in 2020, which was the one I experienced, but before the halving, the price had already reduced from its all-time high, which it achieved in December 2017, which was about $20k+, but within a period of a year, there was a global regulatory attack on ICOs (Initial coin offerings), just as the SEC is attacking Security tokens. Back then, the regulators requested exchanges comply with what they called "Anti-money laundering (AML). This, I believe, was when AML and KYC became mandatory for most of the centralized exchanges out there. The pressure that came with this resulted in the price crash from $20k+ to its lowest of $3,500 in December 2018.
ATHs are definitely checkmarks but is Bitcoin all about price and market cap? Let’s focus on other things too. What did Bitcoin achieve during these years, non-price related?
Only in the last few years:
Make a list like this. Let’s do actual achievements, find the ones more important to Bitcoin and decentralization.
Only in the last few years:
- El Salvador adopts Bitcoin nationally
- Lightning Network comes as a L2 solution to help with network congestions and provide instant payments
- Bitcoin has never been successfully attacked, exploited or fallen down for even a second
- Notable corps like Tesla accepted Bitcoin for a while
Make a list like this. Let’s do actual achievements, find the ones more important to Bitcoin and decentralization.
The new halving of Bitcoin in 2024, we who are Bitcoin investors can expect good things.
When we are discussing about notably event on bitcoin history i expect you to dive more into the bitcoin Halving which normally ofcourse every four years, which next year 2024 is the next one where their will be a bullrun ad the price will shift to achieve a new all time high, also in addition, i expect more discussion on all time low as well to consider them with the all time high over the years and so many additional researches with a chart proof comparison in analyzing the difference over years.
Quote
Some notable events in Bitcoin history⚫
Why did you use the Black Circle? It makes the thread like a death announcement or a tragedy. I don't like the Black Circle.Bitcoin Prehistory (Saylor.org Academy).
First P2P transaction from Satoshi Nakamoto to Hal Finney: https://www.blockchain.com/explorer/transactions/btc/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
Payment No. 1: A Closer Look at the Very First Bitcoin Transfer
Literature (Satoshi Nakamoto Institute)
Bitcoin is a cryptocurrency created using blockchain technology. It is currently the best known and most mapped cryptocurrency. Following are examples of some notable events in Bitcoin prices and events at different times:
1. Early Price Recovery (2009): Bitcoin was first published in 2009 by an unknown person named Satoshi Nakamoto, the founder. Bitcoin value is usually measured in terms of US dollars. Generally it was still of very low value.
2. First Transaction (2010): In 2010, a New Zealand man made a 10,000 Bitcoin transaction to order a pizza at Jamia. This event is the first time a mapped transaction has occurred.
3. Huge increase (2013): In 2013, the value of Bitcoin experienced an extraordinary increase. At this time, the price of Bitcoin reached the highest price for the first time.
4. The beginning of good times for Bitcoin : In 2017, the price of Bitcoin showed a wonderful flight. At this time a price hike went up to 20,000 marks until tomorrow. It was a time of incredible profits through Bitcoin and became known as goodwill in the crypto market.
5. Administrative settlement (2017): In 2017, the Chinese government issued a controversial settlement on the valuation of cryptocurrencies instead of a controversial one. This is an example of Bitcoin mean beating phenomenon.
6. Bitcoin's next high (2021): In 2021, the price of Bitcoin reached a next high. It goes up to $64,000.
The above data are some examples of Bitcoin prices and notable events, but Bitcoin prices fluctuate and different events occur at different times.
That's why we need to keep an eye on the cryptomarket to know the current prices.
The new halving of Bitcoin in 2024, we who are Bitcoin investors can expect good things.
1. Early Price Recovery (2009): Bitcoin was first published in 2009 by an unknown person named Satoshi Nakamoto, the founder. Bitcoin value is usually measured in terms of US dollars. Generally it was still of very low value.
2. First Transaction (2010): In 2010, a New Zealand man made a 10,000 Bitcoin transaction to order a pizza at Jamia. This event is the first time a mapped transaction has occurred.
3. Huge increase (2013): In 2013, the value of Bitcoin experienced an extraordinary increase. At this time, the price of Bitcoin reached the highest price for the first time.
4. The beginning of good times for Bitcoin : In 2017, the price of Bitcoin showed a wonderful flight. At this time a price hike went up to 20,000 marks until tomorrow. It was a time of incredible profits through Bitcoin and became known as goodwill in the crypto market.
5. Administrative settlement (2017): In 2017, the Chinese government issued a controversial settlement on the valuation of cryptocurrencies instead of a controversial one. This is an example of Bitcoin mean beating phenomenon.
6. Bitcoin's next high (2021): In 2021, the price of Bitcoin reached a next high. It goes up to $64,000.
The above data are some examples of Bitcoin prices and notable events, but Bitcoin prices fluctuate and different events occur at different times.
That's why we need to keep an eye on the cryptomarket to know the current prices.
The new halving of Bitcoin in 2024, we who are Bitcoin investors can expect good things.
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