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Happy Birthday Bitcoin!!!

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  • Happy Birthday Bitcoin!!!

    Its kind of birthday for Bitcoin.
    8 years ago Satoshi mined the first block in Bitcoin. He then promptly turned his software & the entire network off for around 6 days before making it online again.

    Happy Birthday BTC and Thanks to Satoshi

  • #2
    Who could have predicted that years later, it would come this far! As they say, it’s all about belief and one idea can change the whole world!

    Thanks to Satoshi and his genius mind which gave us BItcoin and the Crypto Currency industry!!

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    • #3
      Originally posted by Maria Salnikova View Post
      Who could have predicted that years later, it would come this far! As they say, it’s all about belief and one idea can change the whole world!

      Thanks to Satoshi and his genius mind which gave us BItcoin and the Crypto Currency industry!!
      Completely agree

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      • #4
        Definitely historic day..... Turned life for many! Hope we see many more Birthdays for BTC.

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        • #5
          Great! So it was Jan 2009 that the first commercial Bitcoin was issued or mined! Invention of Bitcoin has brought revolution in the crypto currencies as a mode of payment, trade and as an investment. So just 8 year old, when we see the established currencies issued by Central Banks of countries more than 100 years old mostly! So on that parameter, Bitcoin is just a baby but with powerful potential. A price of $1150 was an ideal birthday gift of Bitcoin in the first week of New Year! Unfortunately, it didn’t stick, but hopefully it can get that again.

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          • #6
            Wow! How time flies? Is it already 8 year since the first commercial Bitcoin was made available!

            The journey has been really unbelievable. Who could have thought of making money from computer quite literally via mining?

            The legality part still remains unclear as BTC might affect the usual currencies especially if other crypto currencies also become big in circulations which are different issue! As of now the future looks good with scope for further usage & popularity!

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            • #7
              Yes Vikas Kiles. This story of Bitcoin looks straight from fairy land! But it is a reality. Guess the inventor/developers/early users are now millionaires! But that is separate issue. Bitcoin gave rise to new form of payment which is ready to take on the existing currencies by offering lower fees, ease of usage, anonymity and comfort factor. Of course, here are issues to be sorted out but they might be solved eventually as Bitcoin is here to stay!

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              • #8
                8 years is really a long period but not for Bitcoin which seems to have come off age as it is becoming more & more popular with people and organizations using it to their benefit.

                As of now, Bitcoin has been highly valued and seems on the rise for the near future too. But as usual caution is recommended so that one does not gets carried away and can only focus on making good use of Bitcoin.

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                • #9
                  Wow! 8 years has passed and Bitcoin is still going strong which points to good potential and future of this crypto-currency. There can be extreme cases too like Bitcoin touching all time high versus all currencies and might even collapse to zero, if it is to banned worldwide! Moving beyond these extremes I think Bitcoin might just trade in the ranges and try to settle at a fair value given its demand and supply! So surely exiting time ahead!

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                  • #10
                    Yes Chameera Silva. It just looked like yesterday when the first commercial Bitcoin was issued. During the last 8 years or so, Bitcoin has grown by leaps & bounds with very high market cap by volume and in valuations too touching around nearly $3000 for one BTC.

                    There are many indications for it continued upward movement but that remains to be seen! So far, so good and there was much volatility at times leading to higher and lower prices?

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                    • #11
                      Well guess many people may be regretting not buying Bitcoin when it was just around $1 or even lower when it went commercial. If they had bought in large numbers and just sold around when BTC was around $3000 then they would be millionaires or multi-millionaires. But guess not everybody is lucky! But even now people can buy and sell at the appropriate price & risk and make money accordingly! But people also need to avoid greed!

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