What do you think is the most surprising thing in the History of Bitcoin? - page 2.

theyoungmillionaire

sr. member

Activity: 375

Merit: 1021

Just in case no one loves you, I love you 3000.

Quote from: leowonderful on March 08, 2019, 08:43:56 AM

I remember people talking about how there used to be faucets for whole bitcoins back when BTC was just launched...

It was 5 free bitcoins, which is surprising nowadays.

Quote from: Gavin Andresen on June 11, 2010, 12:38:45 PM

For my first Bitcoin coding project, I decided to do something that sounds really dumb: I created a web site that gives away Bitcoins. It is at: https://freebitcoins.appspot.com/

Five ฿ per customer, first come first served, I've stocked it with ฿1,100 to start. I'll add more once I'm sure it is working properly.

Why? Because I want the Bitcoin project to succeed, and I think it is more likely to be a success if people can get a handful of coins to try it out. It can be frustrating to wait until your node generates some coins (and that will get more frustrating in the future), and buying Bitcoins is still a little bit clunky.

Please try it out and get some free coins, even if you already have more Bitcoins than you know what to do with. You can get some and then donate them right back; the address is: ~~15VjRaDX9zpbA8LVnbrCAFzrVzN7ixHNsC~~

That's a classic.

Quote from: CryptopreneurBrainboss on March 08, 2019, 09:11:19 AM

Has anyone here watched "big bang theory" the bitcoin episode?

Seen that, The Big Bang Theory - The Bitcoin Entanglement S11 E09.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Quote from: tranthidung on March 08, 2019, 08:23:30 AM

Without his decision, we would not see bitcoin hit nearly $20000 last year.

The year was 2017, my friend. Not last year

My most surprising moment in the history of BTC wasn't so many years ago and I am very sure many crypto believers will talk about it for years to come.
The day was 19^th Dec 2017
BTC price had shot to the record all-time high and it felt like a dream. I saw the price on my portfolio management app and couldn't believe my eyes.
I have check binance to confirm it.

"The Bitcoin mainstream media kept bashing?"
"Who can stop the bitcoin revolution now?" I kept wondering to myself.
Even a couple of pals with whom I had talked to about BTC before messaged me asking me what was happening and obviously with some regrets for not buying some when the price was low.
It isn't really my usual habit but that evening took some good amount of whiskey in celebration. Grin

CryptopreneurBrainboss

legendary

Activity: 2450

Merit: 4295

eXch.cx - Automatic crypto Swap Exchange.

Most surprising thing in bitcoin history for me was the profitability of mining bitcoin.

Has anyone here watched "big bang theory" the bitcoin episode? Although it was just a movie their illustration made me consider the most surprising thing in bitcoin history as the profitability of mining bitcoin. The early miners just did it for fun because technically it had no value. Based on the movie, If I can recall correctly one of the actors told the others "so you mean we get to sit down all day solving mathematical problem and end up with worthless coins we can't spend? Then they replied "Sounds fun".

After watching that movie I came to a conclusion that the early miners that believe in bitcoin to the extent they even mined in losses are the true heros.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

The simple fact that Bitcoin went from being pretty much free to hitting near $20K at the ATH in 2017’s the most impressive thing about Bitcoin to me. I remember people talking about how there used to be faucets for whole bitcoins back when BTC was just launched and worth a few pennies- sure, BTC wasn’t worth a whole lot back then, but that still blows my mind to this day.

Something else related to price that was impressive to me was how BTC went from its lows of $200 in 2015 to reaching $20,000 in just two years. I recall there were fears that BTC would simply bleed to zero around that time, and though we’re now in another bear market, I think very few people now believe BTC will bleed down to zero from here again.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

You are likely wrong at this point.
So far, no one knows that bitcoin was created more than ten years ago by a person, a group, or an organization.
No one knows.
The only one thing we known and have to admit is bitcoin created by outstanding guy/ group/ organization.

Quote from: mk4 on March 08, 2019, 08:06:41 AM

That bitcoin was created by only one person.

I agree with Jet Cash that the biggest achievements and biggest surprise is when bitcoin set up its few cents for the first time.
Everything have to start from somewhere, for bitcoin, it started for a few cents.

Even the pizza's buyer, he probably deeply regreted with his decision years later, but all crypto enthusiasts should give him a round of applause.
Without his decision, we would not see bitcoin hit nearly $20000 last year.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

That bitcoin was created by only one person. It was mind boggling to me how one person invented something so genius. But yea, I then realized like a week after that there's definitely a chance that it was a group rather than one singular person. But regardless even if it was created by a group, it's still surprising that a group created something that most people didn't even think the world needed.

As for bitcoin being priced a few cents in the past? It also definitely surprised me, especially the "bitcoin pizza day" event; but then immediately realized "well duh, it started as a sort of collectible that's only being used by a few people, of course it used to be worth a few cents". Both of these are equally sort of surprising in my opinion.

Just to add just for the sake of it because I recently rewatched the Voorhees-Schiff debate, some things that surprised me concerning bitcoin but not necessarily about it's history:

That how I didn't realize and see the flaws of the current fiat system until I've learned about bitcoin. I'm definitely not an expert on this subject(money/economics), but I'm definitely more educated now than before.
When I realized that bitcoin can potentially dethrone gold in the store-of-value category for the masses. One main reason of which is that gold can easily be faked through filling gold bar shells with tungsten(tungsten's weight is fairly close to the weight of gold). This itself is a huge hassle.
Relevant article for this point: https://www.businessinsider.com/tungsten-filled-gold-bars-found-in-new-york-2012-9

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

If we leave out the conception and creation of Bitcoin, then there have been numerous events and considerations in the path to today's market dominance. I think that the most surprising, and possibly the hardest thing was the attribution of the first few cents of value. Once it had managed to gain a perception of value, then the subsequent growth is less surprising in my opinion.

Do you agree with me, or do you think something else has been more remarkable?

Topic: What do you think is the most surprising thing in the History of Bitcoin? - page 2. (Read 447 times)