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Slavish

20 interesting facts about Bitcoin.

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Oh, thanks for this. More useful facts about Bitcoin are also available. The first decade of this wonderful and outstanding journey has been successfully completed by Bitcoin. It has now become the world's most dominant cryptocurrency.

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Oh ,Wow.Thanks for sharing and creating this kind of topic.This information is very valuable and frankly.Gives a good picture to a beginner or an outsider that can understand the surface of what it going on. I also want to say thank you to Satoshi Nakamoto. I hope that many users will visit this section where your post be seen.

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On 11/23/2019 at 2:44 AM, Slavish said:

  The price of the cryptocurrency has grown gradually. But bitcoin became more expensive than an ounce of gold in 2013.

Bitcoin was very cheap when it was made and the world was far behind in terms of modernity.  And then the price of gold was higher.  But if we look at the current price of Bitcoin, we can see that it has left Gold far behind. The price of Bitcoin will increase day by day.

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My friend you have shared a very tremendous article with us. You shared with us a lot of surprised bitches of Bitcoin, whom I did not know before. And you has shared with us a information of Bitcoin, which very few members know and after reading this post, they will be able to know about it. 

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the most interesting fact about the Bitcoin is that it is mostly used as an investment an asset not as the currency to pay the bills or to make the payments

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On 11/23/2019 at 2:44 AM, Slavish said:

So, 20 interesting facts about bitcoin that you may not have known.

    The first transaction with bitcoin was made on January 21, 2009.
    In total, 21 million bitcoins can be produced, which will be mined gradually due to the complexity of the mining process. The last coin will be mined in 2140.
    It is still unknown who created bitcoin. There is a certain name – Satoshi Nakamoto-but no one knows whether it is an individual or a group of programmers. While the Creator of bitcoin remains anonymous.
    The purpose of creating bitcoin is to decentralize the financial turnover, to bring it out of the monopoly control of the States. Simply put, free money with easy and fast transfer. So far, this is not always successful: somewhere the technology fails, somewhere the state does not allow the development of progress. In addition, bitcoin transactions are not cheap.
    More than half of the bitcoins already mined today are owned by 1000 people.
    Most bitcoin wallets (~90%) hold no more than 0.1 BTC on the balance.
    Only a third of the mined coins are actively involved in the turnover. The rest are inactive. Experts suggest that most inactive bitcoins are simply lost or forgotten by their users. Experts of Fortrader magazine remind that if the password from the bitcoin wallet is lost, it is impossible to restore it, the system works like this.
    For example, in 2017, a woman unsuccessfully tried to remember her password from a bitcoin wallet. Turned to magicians, healers and hypnotists, but to no avail. These coins will be lost to the Network forever.
    The highest bitcoin rate recorded at the time of writing was $20,042. This was in December 2017. Then there was a strong drop in the quotations of the coin.
    The price of the cryptocurrency has grown gradually. But bitcoin became more expensive than an ounce of gold in 2013.
    The biggest dynamics of growth-the fall of the bitcoin exchange rate showed in April 2013, when the day fell by 80%.
    Most of the exchange transactions of bitcoins takes place no, not on the dollars on the yuan.
    Now there are more than 3000 bitcoin ATMs in the world, the main share of which falls on America, Canada and Europe. Moscow also has a small network of such ATMs. Government agencies in many countries have long accepted bitcoins as payments.
    For the first time, 2 pizzas were purchased for bitcoins. This was done by the miner Laszlo in 2010, paying 10,000 bitcoins for food. It is easy to calculate, based on the rate of bitcoins, what a small country he could feed pizza today.
    Another unfortunate situation: a resident of the UK accidentally threw away a hard drive with a wallet, which was 7500 bitcoins. This still needs to be experienced.
    The most expensive transaction was the transfer of bitcoins by a certain user who inadvertently paid 80.99 BTC instead of 0.01 bitcoin. In 2013, it was $50,000.
    In General, the bitcoin rate is a cause for endless controversy. Someone believes that its rate is overvalued and predicts a fall to $1800, someone writes about the imminent growth of as much as $100,000. There are even schemes of collapse and catastrophes associated with bitcoin.
    In the meantime, the capitalization of Bitcoin is greater than the GDP of some countries, for example, Ukraine and Estonia.
    Thailand is the first country that has actively taken up the regulation of bitcoin. First she forbade it, then she allowed it. Now many countries are in search of a solution to the question of how to make cryptocurrencies official and protect the population from possible fraud.
    Cryptocurrencies are actively winning back the market from Fiat money. Many retail outlets and even state structures gladly accept bitcoin and other coins for payment. However, what is important, most new cryptocurrencies do not achieve popularity-they appear and disappear. You have to be careful with that.

For me bitcoin is a wonderful thing. Bitcoin is one of the most demanding and popular crypto currency of all time. People are showing interest in it. Some of the people living  thier life by doing it. Bitcoin has a promising future. Im very optimistic about it.

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These are really attractive facts about Bitcoin, as this currency has become an important part of the global market, and it has become a good choice for conducting various financial transactions and investment.

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My dear, in general, it is an alarming fact regarding Bitcoin. You definitely have published a very wonderful article in which you put the history of Bitcoin since it was created by Satoshi Nakamoto in 2009 to this day.  To store Bitcoin in the long term when it rose to $ 20,000 in 2017 and took a rapid decline is normal and natural because it was the first time in its history to hit the $ 20,000 target and its decline was a natural thing today.  Of course, generic Bitcoin is distinct, and it is a year that the Bitcoin currency may reach more than 100,000 US dollars. Thank you very much

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