Pages:
Author

Topic: The Definitive History of Bitcoin (Read 2017 times)

sr. member
Activity: 280
Merit: 250
October 02, 2016, 07:00:38 AM
#29
I think till Satoshi comes top real world and inform all then only we could know the exact history of bitcoin otherwise our foolish guess would be just like anything mad. So let's find satoshi first Grin then he will tell us everything about bitcoin, it's birth, it's price history it's idea and whatever we want to know.
hero member
Activity: 924
Merit: 500
October 02, 2016, 06:56:45 AM
#28
Wow! never knew the domain was registered in 2008
And that it was freaking 1309.30 btc per 1$
I know Pizza event had a great impact but that it was the first real public BTC transaction , just great.

BTW What happened about those 184 Billion Bitcoins ? I mean i do understand they were deleted but were they picked up by blockchain?

Wikileaks accepted btc as donation ? really ?
So Cyprus was the cause for Bitcoin Hype.

This is awesome , definitely saving it for myself Grin

Yeah really awesome, just because of pizza. according to my friend they paid it through bitcoin, after that bitcoin became popular as time goes by. it all of a sudden gave a value by the people who is business minded. Please correct me if I'm wrong or what.
legendary
Activity: 1512
Merit: 1012
October 02, 2016, 06:35:13 AM
#27
can someone repost the initial graphic ?
Thanks Smiley
hero member
Activity: 854
Merit: 503
Legendary trader
March 08, 2015, 06:27:08 AM
#26
I love this graphic! Really well done.
legendary
Activity: 1122
Merit: 1017
ASMR El Salvador
March 08, 2015, 06:00:24 AM
#25
+1
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
March 08, 2015, 03:14:30 AM
#24
You neglected to include this:

"The Great Bitcoin Lie"

When people see dollar signs in their eyes , truth is often discarded , but here's the hard truth nobody wants to hear , and is not included in any documentary history of bitcoin. From total obscurity and complete absence of use , bitcoin price was singlehandedly manipulated by 1 fraudulently operated exchange all the way from pennies to $1200 - by MtGox. I know , it's hard to hear and hard to believe , but it's the truth. The sad and true fact is , this was for years the only exchange where bitcoin was traded and where price was determined. From a valuation of pennies until it was being traded in the hundreds of dollars MtGox was the only exchange for the first several years of the history of bitcoin and it was being run as a fraudulent ponzi scheme based off of bitcoin. The entire price discovery period valuation of bitcoin from the very very beginning all the way to the very very top was entirely fraudulently accomplished using insider trading , customer deposits of fiat money , and entirely non-existent money - a house of cards which culminated in the outright theft of nearly 1 million bitcoins and collapse of the exchange. All of the merchant adoption , all of the asic mining arms race , all of the opening of new exchanges , all of the news attention ,  all of the real money put into it , all of it , everything , was predicated on an illegally fraudulently manipulated rising price of bitcoin.

Whether or not bitcoin itself was initially created with this express purpose in mind is debatable , but a distinct possibility exists that this was indeed the intent from the very beginning. Even if bitcoin was not created with the direct purpose of pulling off this con , the con was pulled all the same. Today , it is often argued that this shouldn't matter now , given the current infrastructure built for mining and the number of merchants now accepting bitcoin as payment , but the reality is the price as it exists today , the price as it has been valued , is the direct result of this one complete and total sham exchange. The price today is almost $1000 lower than the heights directly caused by MtGox and has been in continual decline ever since the collapse of the fraudulent exchange , as early buyers and early miners sell the millions of bitcoins they produced in total obscurity , miners who now immediately sell mined coins , and the criminal CEO of MtGox Mark Karpeles continues to cash in his nearly 1 million stolen bitcoins.

IT never occured to me that they might have been manipulating the price all the time , but as other people are saying , why does it even matter now ?
The bitcoin is/will survive on it's on , no one is manipulating it now and no one can , seeing how much it has grown since then.
So just sit and enjoy the ride Smiley
hero member
Activity: 658
Merit: 500
March 07, 2015, 07:33:03 PM
#23
Indeed, this is a really high-quality job.  It would be beautiful to print it out and set it up somewhere physically (an elevator shaft, a stairwell?  it's very vertical).  In any case, thanks for this great job.

This is a high quality job i agree totally. Again i agree but that is a brilliant idea to get in printed and put up in them places where public average joe will see it he/she will be sure to read it threw and pay attention because it is a cool history and it is also easy on the eye.

Great job and hope to see more when you get the time your graphical work is some of the best i have seen and i will pm you with some work when ever i have it if you are available.
newbie
Activity: 20
Merit: 0
March 07, 2015, 07:27:49 PM
#22
Every time I read one of those things I just wish I had give more attention to bitcoin when I first saw an article about it somewhere in 2011 or early 2012...
sr. member
Activity: 476
Merit: 250
Gone......
March 07, 2015, 07:21:26 PM
#21
Thanks for the share, it trully is a history of bitcoin in short, and may be a good read for newcomers, its certany better than long monotonic
books and articles without graphical content.
I hope you will continue to make those, they're awesome.

cheers

I have been here awhile and that showed me a few parts of it's history that was so boringly described with wall of texts before that i chose to forget about them which is a shame but true. Yess i agree i hope you carry on designing these for the community and maybe you should leave a address for some tips because you deserve some.
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
March 07, 2015, 07:20:51 PM
#20
Indeed, this is a really high-quality job.  It would be beautiful to print it out and set it up somewhere physically (an elevator shaft, a stairwell?  it's very vertical).  In any case, thanks for this great job.
sr. member
Activity: 406
Merit: 250
March 07, 2015, 07:20:29 PM
#19
You neglected to include this:

"The Great Bitcoin Lie"

When people see dollar signs in their eyes , truth is often discarded , but here's the hard truth nobody wants to hear , and is not included in any documentary history of bitcoin. From total obscurity and complete absence of use , bitcoin price was singlehandedly manipulated by 1 fraudulently operated exchange all the way from pennies to $1200 - by MtGox. I know , it's hard to hear and hard to believe , but it's the truth. The sad and true fact is , this was for years the only exchange where bitcoin was traded and where price was determined. From a valuation of pennies until it was being traded in the hundreds of dollars MtGox was the only exchange for the first several years of the history of bitcoin and it was being run as a fraudulent ponzi scheme based off of bitcoin. The entire price discovery period valuation of bitcoin from the very very beginning all the way to the very very top was entirely fraudulently accomplished using insider trading , customer deposits of fiat money , and entirely non-existent money - a house of cards which culminated in the outright theft of nearly 1 million bitcoins and collapse of the exchange. All of the merchant adoption , all of the asic mining arms race , all of the opening of new exchanges , all of the news attention ,  all of the real money put into it , all of it , everything , was predicated on an illegally fraudulently manipulated rising price of bitcoin.

Whether or not bitcoin itself was initially created with this express purpose in mind is debatable , but a distinct possibility exists that this was indeed the intent from the very beginning. Even if bitcoin was not created with the direct purpose of pulling off this con , the con was pulled all the same. Today , it is often argued that this shouldn't matter now , given the current infrastructure built for mining and the number of merchants now accepting bitcoin as payment , but the reality is the price as it exists today , the price as it has been valued , is the direct result of this one complete and total sham exchange. The price today is almost $1000 lower than the heights directly caused by MtGox and has been in continual decline ever since the collapse of the fraudulent exchange , as early buyers and early miners sell the millions of bitcoins they produced in total obscurity , miners who now immediately sell mined coins , and the criminal CEO of MtGox Mark Karpeles continues to cash in his nearly 1 million stolen bitcoins.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
March 07, 2015, 07:13:27 PM
#18
Thanks for the share, it trully is a history of bitcoin in short, and may be a good read for newcomers, its certany better than long monotonic
books and articles without graphical content.
I hope you will continue to make those, they're awesome.

cheers
sr. member
Activity: 308
Merit: 250
March 07, 2015, 06:45:46 PM
#17
That graphic is brilliant. A really good summary of what have happened the last few years.

It really is paints the picture and is easy to read threw the last few years. There was a few things on there that i never knew about, it also hits home how far this has come in these few short years just imagine when it was less than a cent  Shocked

Cheers Op this was a good read i am going to save this pic for future reference  Cool
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 07, 2015, 05:23:41 PM
#16
Over 1,000 BTC per Dollar!
Yes please, where do I sign up?
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
March 07, 2015, 05:14:38 PM
#15
The latest date on the graphic is 2013, will this graphic history be updated to keep up with current events and growth of the currency?
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
March 07, 2015, 05:11:55 PM
#14
Wow, this is cool!

IS there a way I can get it in a PDF to share with friends and family?


If you're accepting edits/revisions, I have a small one:

Where you say "it was the perfect storm for the emmergence of a new crypto currency..." you're implying that there other crypto currencies before bitcoin, yet their weren't. I think you should remove the world "new" so that everyone knows that crypto currency was the solution or thing that came out of that perfect storm.
legendary
Activity: 1512
Merit: 1012
March 07, 2015, 05:11:38 PM
#13
This looks amazing Smiley Thank you for sharing!

Here's another amazing infographic!

https://nativemerchantservices.com/content/uploads/2015/01/biggest-moments-in-bitcoin.png
sr. member
Activity: 406
Merit: 250
March 07, 2015, 05:05:13 PM
#12
You neglected to include this:

"The Great Bitcoin Lie"

When people see dollar signs in their eyes , truth is often discarded , but here's the hard truth nobody wants to hear , and is not included in any documentary history of bitcoin. From total obscurity and complete absence of use , bitcoin price was singlehandedly manipulated by 1 fraudulently operated exchange all the way from pennies to $1200 - by MtGox. I know , it's hard to hear and hard to believe , but it's the truth. The sad and true fact is , this was for years the only exchange where bitcoin was traded and where price was determined. From a valuation of pennies until it was being traded in the hundreds of dollars MtGox was the only exchange for the first several years of the history of bitcoin and it was being run as a fraudulent ponzi scheme based off of bitcoin. The entire price discovery period valuation of bitcoin from the very very beginning all the way to the very very top was entirely fraudulently accomplished using insider trading , customer deposits of fiat money , and entirely non-existent money - a house of cards which culminated in the outright theft of nearly 1 million bitcoins and collapse of the exchange. All of the merchant adoption , all of the asic mining arms race , all of the opening of new exchanges , all of the news attention ,  all of the real money put into it , all of it , everything , was predicated on an illegally fraudulently manipulated rising price of bitcoin.

Whether or not bitcoin itself was initially created with this express purpose in mind is debatable , but a distinct possibility exists that this was indeed the intent from the very beginning. Even if bitcoin was not created with the direct purpose of pulling off this con , the con was pulled all the same. Today , it is often argued that this shouldn't matter now , given the current infrastructure built for mining and the number of merchants now accepting bitcoin as payment , but the reality is the price as it exists today , the price as it has been valued , is the direct result of this one complete and total sham exchange. The price today is almost $1000 lower than the heights directly caused by MtGox and has been in continual decline ever since the collapse of the fraudulent exchange , as early buyers and early miners sell the millions of bitcoins they produced in total obscurity , miners who now immediately sell mined coins , and the criminal CEO of MtGox Mark Karpeles continues to cash in his nearly 1 million stolen bitcoins.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
March 07, 2015, 01:26:48 PM
#11
Awesome art! Cheesy Pict saved on my device Grin
It explain big event in bitcoin history. Thanks for sharing.


~iki
legendary
Activity: 1442
Merit: 1016
March 07, 2015, 12:48:54 PM
#10
That graphic is brilliant. A really good summary of what have happened the last few years.
Pages:
Jump to: