Post
Topic
Board Bitcoin Discussion
Re: Today is the 10th anniversary of Bitcoin
by
wow.magic
on 06/01/2019, 04:45:35 UTC

Today is the 10th anniversary of Bitcoin - the predicted currency that will revolutionize the global economy


Ten years ago, on a beautiful October day, a virtual currency called Bitcoin was born under the creations of Satoshi Nakamoto.
However, it was not until May 2010, when programmer Lalo Hanyecz changed 10,000 Bitcoins to get two pizza, this virtual currency was officially traded to buy things on the market.
Of course to this day, users can buy more than 2 pizza if they have 10,000 Bitcoins.

With the increase in Bitcoin, the use of this currency also increased rapidly. As of April 2011, Bitcoin's daily volume has reached $ 1 million, just over a year after two pizzas sold for 10,000 Bitcoins.
To date, the virtual currency market has grown stronger and much larger than it was 10 years ago. Even more types of virtual currency have been explored for use in different purposes.

There are over 1,000 virtual currency trading platforms in the world, including Bitcoin, Ether, DogeCoin. The peak of the virtual currency boom is January 1, 2018, when the market value estimated by CoinMarketCap.com exceeds $ 835 billion.
Concerned that the virtual currency market is deflating as well as the risks they bring, policymakers have issued restrictive regulations, even banning circulation in some markets, The market value of this virtual currency evaporates around $ 600 million from the peak.
It has been 10 years since Bitcoin was born, and it remains unclear whether virtual currencies like Bitcoin will become a new currency, a revolution in payments or a change in the global economy. Predict it or not.

Source: AB - According to the Times
Bitcoin did very well in the past 10 years , its nice to see that bitcoin still recover despite of price falldown. Its been 10 years and bitcoin is still here helping us to earn huge profit by investing. You can literally see the improvements every year! Bitcoin deserves to be accepted by different countries. In the next 10 years , I hope bitcoin will become more progressive and be adapted by different countries.