Topic: What do you think is the most surprising thing in the History of Bitcoin? (Read 447 times)

One of the most suprising thing is 10,000 BTC pizza order.
That pizzas cost around 200 million $ at all time high price.

Also, when Japan accepts Bitcoin as Legal Payment Method.
This days BTC started to climb and 2017 bullrun started

The most surprising thing that will happen in bitcoin history is when the founder of bitcoin will show his/her face in public. Until now the true satoshi is not yet found.

What it can be other than the year 2017?

Most of the people in the world heard about bitcoin in that year due to that huge hype on the prices of bitcoin and most people were start to criticize it as well with the same bubble story which is they have been using since bitcoin was created.

The most surprising thing of Bitcoin is it has not dead, it has still been here for years.
No matter how many times people called it as a fraud, declared it dead.
https://www.reddit.com/r/Bitcoin/comments/a73mep/bitcoin_declared_dead_for_the_334th_time/
I waited for the 1000th dead declaration of bitcoin. When Bitcoin will hit its dead declaration's all time high?

The most amazing and surprising part of bitcoin history for me is the person who bought a pizza for big amount of bitcoin. That's crazy and if ever that man was me I can't forgive myself. Lol

I am less surprised by history but more surprised by present. Despite of all the facts and technological excellence we still have bunch of fools (no idea,how many exists ) that are still unaware of its worth and keep spitting venom against it.

3000+ shitcoins you mean lol. Actually the bitcoin we know never had in mind to produce such low alternative coins like most of them we have today. These coins and mostly tokens came into existence due to their greed (selfish interest) and scam intentions. I wasn't surprised of so many (wanna be bitcoin) coins/tokens coming into existence to feed off bitcoin's hype but I'm surprised people were fooled enough to fall victim on several  occasions to their scam.

The mining the fictional characters did in the The Big Bang Theory episode, was done on a regular laptop computer (using a laptop to mine can actually be harmful to the internal components), and used a negligible amount of electricity, potentially the same amount as would otherwise have been consumed (some seti contributors temporarily stopped giving their resources to the SETI at home program and used their computer's resources to mine). The value of the mined coins, at the time they were mined were likely not even enough to to pay for the characters' time to setup the mining program.

In Bitcoin's early days, mining was profitable because technology to create more efficient ASIC chips quickly advanced, and the slow rate of filling orders for ASICs. In many cases, an ASIC manufacturer would have designed a new ASIC miner, offer it for sale at a price at which the buyer would earn the entire purchase price back within a week, but by the time it is delivered, difficulty went up by so much that profitability would take months after factoring in the purchase price.

The price of BTC was going up so quickly in its early days that it was often more profitable to purchase BTC than it was to purchase a miner because the miner would not generate as much BTC as you could have purchased when you paid for the miner.

I think what surprises me the most about bitcoin is the way it gave rise to thousands of other cryptocurrencies, the bitcoin was number one and with time it's growth and development gave ruse and birth to over 3000 other alternative coins.
Without the bitcoin, u doubt if any of the alternative coins of today will exist, and the bitcoin still indirectly controls and decides their price or value

I do agree with what Jet Cash has said, the first three years of BTC was like the hardest part for Bitcoin as it's value was basically nothing until it builds it price up which was three years after its creation which was around April of 2013. But for me the most surprising thing about BTC is how it build a new kind of market outside of stocks and foreign exchange, it created what we called now a cryptocurrency market. The cryptocurrencies that followed BTC was obviously influenced them on creating their own in order to fill the market. This alone made a lot of people rich as well as created a lot of millionaires in the process where we thought that there are no more investments or earning opportunities we haven't think will open up.

I think the most amazing thing is the great evolution in the price of the bitcoin.
It started at less than a dollar and became worth a lot.

Hey i was going to write about the conception but since that’s ruled out, the most surprising thing is that people not only adopted it they fought their government to legalise it. The next most surprising thing was a currency that has no institution managed to rise from few cents to 20k, and became a global phenomenon. The last and most amusing thing is the identity of the owner aka Satoshi, is yet a mystery and one that will never be solved.

The most surprising thing is that the group/person that created bitcoin, made it not for personal/financial benefits but made a huge gift to the humanity in general.

They should be nominated for Nobel prize even they are anonymous.

well, just to add...
i partly agree and disagree about this..

it may be that bitcoin came from the idea of a single person then supported by his peers or manages to get some influence..
the idea of putting bitcoin to work is that you need others to accept it even though it is not recognized by an authority.. be it just merely a collectible or sort of like group jargon thing..

my guess though is that.. they have probably worked on an ancient free port space unknown called the "GARAGE"

One of the remarkable history of bitcoin is being accepted by Silk Road and later get seized by FBI. It was one of the greatest promotion for bitcoin.
This had a bad affect too. People had heard about it for the first time had an impression that bitcoin is a currency for buying/selling illegal goods.

Of course, Mt. God hack is a big surprise.
I have never heard or seen Mt. God hack, before seeing your post.
You obviously made a typo, fella. It should be Mt. Gox, not Mt. God. 

your title should have said "remarkable" instead of "surprising", i am surprised about a couple of annoying things these days but it doesn't seem to be what you are actually looking for here.

what i have always found remarkable in bitcoin is the technology, specifically the cryptography part of it. what it was and the fact that it still is improving by time is phenomenal. and it is all math! and it doesn't stop there either. bitcoin has opened up a lot of possibilities with all the alternative ways of using the technology that it introduced to us.

Histories tend to be more fascinating and interesting than speculating what the future holds for us. We have seen many people speculating on the future prices of btc during the next decade, but the decade long history of bitcoin should be considered note-worthy on why they matter the most than the future. The minor concepts which evolved yesteryear are probably dominating today's crypto world.

Since I had a major interest on revisiting the history of cryptocurrencies, I made a thread dedicated to some of the most interesting facts of this 10 years. The thread can be found here : Story of the Firsts - The events which triggered everything. Not many would have known about this, but I have collected some of the most interesting events of the decade to look through.

I have recently completed reading the book "Digital Gold", which was more like a novel rather than a book dedicated to the history of bitcoin. It was quite interesting to see how Hal and satoshi were discussing on the early versions and the future of btc. At one point of time, Hal mentions that if Btc was to be adopted globally and considering the trillions of dollars currently in circulation, each btc would reach a mammoth height of more than $1 million.

How many of them are really aware that the btc prices were first set in this forum? I have scrapped and scanned through some very old threads in this forum where people like dwdollar (The First Exchange owner) and NewLibertyStandard (The creator of BTC acronym) we're talking about how can they fix the value of BTC? It's quite very much interesting to note that, NLS states that Btc prices should never be based on the production or the mining value but should be based on what people are willing to pay! This forum acts as a central entity for most of the key events in the bitcoin history.

I would neither contradict nor support your point in this. If you had read through some of the early cypherpunks mails, it is clear that satoshi summed up all those already existing ideas to create the digital money. It was not solely his creation, he has build quite few blocks on the existing issues and ideas.

Oh definitely. MtGox was the first major hack that occurred in the bitcoin/cryptocurrency space, hence most people probably weren't expecting that "exchange hacks" were going to be a thing; and how big the consequences would be. Everyone probably thought their exchange funds were going to be fine.

Imagine how much of a big hit the markets would take if a major exchange such as Binance gets wiped. Yikes.

I think Mt. God hack was very surprising.
I once saw antonopoulos talking about it. It was an exchange with like 90% volume that crashed  Bitcoin so spectacularly that it looked like the end.

It was amazing to see bitcoin going from 32 to 2 and then recover. How in a so small amount of time BTC price recovered and even increased.

It is also interesting how the community was able to embrace a campaign about the importance of holding your own private keys to prevent losses like that again.