A Brief History of Bitcoin - And where it's going next

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin History

This subreddit remembers and records famous bitcoin moments, in retrospect.
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Unlock the power of blockchain!

/BlockChain is has gone private due to an extreme influx of ICO scams, snake-oil shills and plagiarized crypto-news blog spam. There is no application process and new members are not being added. Contacting the mod team will not result in an invitation.
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In a spectacular day of trading, Crude oil closed Monday, trading below $0 for the first time in US history. Bitcoin presents a unique alternative to those seeking options besides cratering commodities.

In a spectacular day of trading, Crude oil closed Monday, trading below $0 for the first time in US history. Bitcoin presents a unique alternative to those seeking options besides cratering commodities. submitted by Cryptocove254 to CryptoCurrencies [link] [comments]

Based on History, Bitcoin May Incur a Brutal Crash After Halving - Crypto Press

Based on History, Bitcoin May Incur a Brutal Crash After Halving - Crypto Press submitted by cryptoadventura to Crypto_Currency_News [link] [comments]

Based on History, Bitcoin May Incur a Brutal Crash After Halving - Crypto Press

Based on History, Bitcoin May Incur a Brutal Crash After Halving - Crypto Press submitted by cryptoadventura to CryptoCurrencies [link] [comments]

[Video] by Jimmy Song -Bitcoin and Cypherpunks, a history. Bitcoin Tech Talk Issue #183

[Video] by Jimmy Song -Bitcoin and Cypherpunks, a history. Bitcoin Tech Talk Issue #183 submitted by a36 to AllThingsCrypto [link] [comments]

Off Chain with Jimmy Song - Bitcoin and Cypherpunks, a history. Bitcoin Tech Talk Issue #183

Off Chain with Jimmy Song - Bitcoin and Cypherpunks, a history. Bitcoin Tech Talk Issue #183 submitted by Yanlii to cryptovideos [link] [comments]

[Megathread] On August 1, 2017 at 6:12pm UTC (block 478559), a new altcoin called Bcash (BCH) has been created using Bitcoin's transaction history. Bitcoin itself continues to function normally.

What is happening?

In what has been touted as the culmination of a multi-year scaling debate, on August 1, 2017 at 6:12pm UTC (block 478559) a new altcoin was created from Bitcoin. The new altcoin is known as "Bcash" (BCH) or "Bitcoin Cash" (BCC) depending on which wallet/exchange you ask. In order to avoid confusion with actual Bitcoin and other altcoins, we recommend readers refer to the new altcoin as "Bcash" (BCH).
As with all altcoins, Bcash is technically off-topic for the /Bitcoin subreddit. However, Bcash was created based on Bitcoin's transaction history, and therefore all Bitcoin owners should be able to retrieve an equal amount of Bcash with some effort. Your Bitcoins are just as safe as they were before the chain split, but you should take care not to compromise your private keys if you wish to retrieve Bcash. This is not urgent unless you wish to trade immediately. If you choose to retrieve your Bcash, please be aware that consolidating your UTXOs will impact your privacy on both chains.
In order to help readers navigate this confusing situation and minimize disruption of relevant content, /Bitcoin has dedicated this sticky thread where readers can ask questions or leave comments pertaining to Bcash. If you are wondering how to retrieve your new altcoin holdings, please read the discussion thoroughly as your questions may already have been answered. If you don't see a similar question, please be sure to mention your wallet method and preferred exchange so that other readers can help address your concerns. You are also invited to submit new threads to the /Bcash subreddit if you so choose.
If you would like to understand the motives behind this new altcoin, please read The Future of “Bitcoin Cash:” An Interview with Bitcoin ABC lead developer Amaury Séchet.
A Beginner’s Guide to Claiming Your “Bitcoin Cash” (and Selling It) is a must-read for anyone feeling particularly lost.

But I thought we avoided a chain split?

For those of you who thought we avoided a chain split with the activation of BIP91 a couple weeks ago, here's a very loose summary of what happened on the Segwit (BIP141, BIP148, BIP91) front:
  1. Bitcoin Core team deployed Segwit (BIP141) last year
  2. Miners refused to activate Segwit via BIP9
  3. Users deployed UASF (BIP148 by shaolinfry) to require Segwit (BIP141) signaling by August 1st
  4. Miners activated BIP91 (by James Hilliard) on July 20th in response to UASF (BIP148)
  5. BIP91 complied with UASF (BIP148) by enforcing Segwit (BIP141) signaling ahead of August 1st
  6. Segwit BIP141 is expected to lock in on Tuesday, August 8th
  7. Segwit BIP141 is expected to activate on Monday, August 21st
  8. BIP148 activated successfully without any chain split
  9. Another altcoin called "SegWit2x" (B2X) may be created later this year, similar to Bcash but with less safety precautions regarding replay protection
Despite all the progress we're making in scaling Bitcoin both on-chain and off-chain, the Bcash crew has decided to part ways with the Bitcoin project by creating a new altcoin. The key differences are that they are attempting to gut Segwit from their forked client, as well as increasing the deprecated max_block_size attribute to 8MB.

Various Announcements:

Electrum 1 - Electrum 2 - Trezor - Ledger - Coinbase - Breadwallet - Bitfinex - Airbitz - Blockchain.info - Exodus - Jaxx - Kraken - Bittrex - Greyscale - Yobit - Bitcoin Core - Bitstamp - [Mycelium]() - [GreenAddress]() - BitcoinTalk - (Reply in comments to add other services)

/Bitcoin wishes Bcash a happy farewell and the best of luck in their new venture!

submitted by BashCo to Bitcoin [link] [comments]

Yes, we wanted the show. And yes, we got it!💪 ⠀ For the first time in history, Bitcoin hash rate hits 102 quintillion! Truly a remarkable event! ⠀ Now the competition among BTC miners will grow even more furious...🏃‍♀️🏃‍♂️🏃‍♀️🏃‍♂️

Yes, we wanted the show. And yes, we got it!💪 ⠀ For the first time in history, Bitcoin hash rate hits 102 quintillion! Truly a remarkable event! ⠀ Now the competition among BTC miners will grow even more furious...🏃‍♀️🏃‍♂️🏃‍♀️🏃‍♂️ submitted by CharlottaJane to papercrypto [link] [comments]

Making History: Bitcoin’s (BTC) Realized Market Cap Hits New ATH Of $100 Billion ⋆ ZyCrypto

Making History: Bitcoin’s (BTC) Realized Market Cap Hits New ATH Of $100 Billion ⋆ ZyCrypto submitted by asmajda to CryptoStock [link] [comments]

[Megathread] On August 21, 2017, a new altcoin called SegCoin (BSG) will be created using Bitcoin's transaction history. Bitcoin itself continues to function normally, as Bitcoin cash (BCH)

What is happening?
In what has been touted as the culmination of a multi-year scaling debate, on August 21, 2017 a new altcoin will be activated from Bitcoin. The new altcoin is known as "Segcoin" (BSG) or "Bitseg" depending on which wallet/exchange you ask. In order to avoid confusion with actual Bitcoin and other altcoins, we recommend readers refer to the new altcoin as "Segcoin" (BSG)
As with all altcoins, Segcoin is technically off-topic for the /btc subreddit. However, segcoin will be created based on Bitcoin's transaction history, and therefore all Bitcoin owners should be able to retrieve an equal amount of segcoin with some effort. Your Bitcoins are just as safe as they were before the chain split, but you should take care not to compromise your private keys if you wish to retrieve segcoin. This is not urgent unless you wish to trade immediately. If you choose to retrieve your segcoin, please be aware that consolidating your UTXOs will impact your privacy on both chains.
In order to help readers navigate this confusing situation and minimize disruption of relevant content, /btc has dedicated this sticky thread where readers can ask questions or leave comments pertaining to Segcoin. If you are wondering how to retrieve your new altcoin holdings, please read the discussion thoroughly as your questions may already have been answered. If you don't see a similar question, please be sure to mention your wallet method and preferred exchange so that other readers can help address your concerns. You are also invited to submit new threads to the /Segcoin subreddit if you so choose.
If you would like to understand the motives behind this new altcoin, please read The Future of “Segwit coin:” An Interview with Segwit lead developer Peiter Wuille
A Beginner’s Guide to Claiming Your “Segcoin” (and Selling It) is a must-read for anyone feeling particularly lost.
But I thought we avoided a chain split?
For those of you who thought we avoided a chain split with the activation of BIP91 a couple weeks ago, here's a very loose summary of what happened on the Segwit (BIP141, BIP148, BIP91) front:
*Bitcoin Core team deployed Segwit (BIP141) last year
*Miners refused to activate Segwit via BIP9
*Users deployed UASF (BIP148 by shaolinfry) to require Segwit (BIP141) signaling by August 1st
*Miners activated BIP91 (by James Hilliard) on July 20th in response to UASF (BIP148)
*BIP91 complied with UASF (BIP148) by enforcing Segwit (BIP141) signaling ahead of August 1st
*Segwit BIP141 is expected to lock in on Tuesday, August 8th
*Segwit BIP141 is expected to activate on Monday, August 21st
*BIP148 activated successfully without any chain split
Another altcoin called "SegWit2x" (B2X) may be created later this year, similar to Segcoin but with less safety precautions regarding replay protection
Despite all the progress we're making in scaling Bitcoin both on-chain and off-chain, the Segcoin crew has decided to part ways with the Bitcoin project by creating a new altcoin. The key differences are that they are attempting to gut natural block size growth from their forked client, as well as increasing the risk of mining cartels, development centralisation and high fee transactions
/btc wishes Segcoin a happy farewell and the best of luck in their new venture!
submitted by ConalR to btc [link] [comments]

@BinanceResearch: The Bitcoin network hashrate has just recorded its fastest growth in history. Bitcoin's total hashrate (on a 7-day moving average) has increased by 13.11 EH/S over the past 30 days - its fastest pace ever. What does this mean for the price of #Bitcoin $BTC? https://t.co/lTHqPXavxv

submitted by rulesforrebels to BinanceTrading [link] [comments]

Crypto History: Bitcoin miners and their equipment, Summer 2011

Crypto History: Bitcoin miners and their equipment, Summer 2011 submitted by thecryptodog to Bitcoin [link] [comments]

History: "Bitcoin $1600 & Ethereum $100 - Is it a bubble?"

History: submitted by CladFrigg to CryptoCurrency [link] [comments]

Crypto History: Bitcoin miners and their equipment, Summer 2011

Crypto History: Bitcoin miners and their equipment, Summer 2011 submitted by Jumpingcords to fakehistoryporn [link] [comments]

For the first time in its history, Bitcoin is no longer capable of repeating the growth of the previous year

For the first time in its history, Bitcoin is no longer capable of repeating the growth of the previous year submitted by aquentin to btc [link] [comments]

Funds are safe, no parity wallet risk and remains one of the most well funded block chain projects in history (bitcoin Suisse)

https://www.bitcoinsuisse.ch/tezos-statement/
"BTCSAG is currently not aware of any evidence that Contributor funds have been mismanaged, lost or are put at risk by the Tezos Foundation nor any party involved in the project.
BTCSAG also states that to the best of our knowledge, Ether (ETH) held by the Tezos Foundation, are unaffected from the recent issues regarding Parity multi-signature wallets.
We consider it likely that the Tezos project will suffer delays as a result of the internal differences. Nevertheless the crypto assets which were collected through the Crowd Contribution, while to a minor extent hedged/liquidated against various fiat currencies at this stage, for the most part are still being held by the Tezos Foundation with BTCSAG acting as a mandatory co-signatory service provider. As previously stated, to our current knowledge, no funds have been lost, mismanaged, stolen – nor would it seem they are at risk hereof.
Thus from the best of our knowledge, the Tezos Foundation remains one of the most well funded blockchain projects in the history of decentralized services, its current internal issues and disagreements notwithstanding.
/Niklas Nikolajsen CEO – Bitcoin Suisse AG"
submitted by cryptokids to tezos [link] [comments]

Epic Rap Battles of History: Bitcoin vs Dogecoin. Les make this happen! :)

ERB, a fairly popular youtube channel. We just need enough people to suggest it and they would make it happen! :)
submitted by CanadianSpy to dogecoin [link] [comments]

Longest slide in history: Bitcoin tumbles below $US5,000

Longest slide in history: Bitcoin tumbles below $US5,000 submitted by ulros to fbitcoin [link] [comments]

‘EOS Is A Great Retrogression of Blockchain History’, Bitcoin Early Investor Jeffrey Wernick Says

‘EOS Is A Great Retrogression of Blockchain History’, Bitcoin Early Investor Jeffrey Wernick Says submitted by budapestgame to eos [link] [comments]

Libertarians say the Fed is the greatest scam in history; Nocoiners say Bitcoin is the greatest scam in history; Bitcoin maximalists say Ethereum is the greatest scam ever; now Ethereum supporters are saying EOS is the greatest scam ever . . .

It is getting to the point when people say a project is a "scam," one has to think twice before ignoring it. Is there something inherent to crypto, money, and finance that causes innovation to appear scam-like?
submitted by Ilogy to CryptoCurrency [link] [comments]

Bitcoin is 10 years old today — here's a look back at its crazy history (BITCOIN)

Bitcoin is 10 years old today — here's a look back at its crazy history (BITCOIN) submitted by BTCNews to BTCNews [link] [comments]

History: Bitcoin Was The First Cryptocurrency To Discover America - 2008. /r/Bitcoin

History: Bitcoin Was The First Cryptocurrency To Discover America - 2008. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Hash Rate for Bitcoin Reaches All-Time High in History. Bitcoin is Backed by Miners

Hash Rate for Bitcoin Reaches All-Time High in History. Bitcoin is Backed by Miners submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

The History of Bitcoin Satoshi Nakamoto: The Mysterious Founder of Bitcoin A History of Bitcoin Crashes  Cointelegraph History of Bitcoin (BTC) The History of Bitcoin

The History of Bitcoin. Bitcoin is the brainchild of Satoshi Nakamoto, who published a white paper on the invention on October 31, 2008, namely “Bitcoin: A Peer-to-Peer Electronic Cash System”, describing what Bitcoin is. It was on January 2009 when Version 0.1 of Bitcoin was released. This is a Bitcoin price and history chart. Find historical and current Bitcoin prices in this VERY accurate chart (updated every minute). The History of Bitcoin is a timeline that illustrates Bitcoin History from the very beginning all the way to present day. Learn what there is to know. Bitcoin Price History . Bitcoin has had a very volatile trading history since it was first created in 2009. The digital cryptocurrency has seen a lot of action in its fairly short life. Bitcoins Bitcoin history. Bitcoin is the first example of decentralized digital money established in 2008 by a person or a group of people under the pseudonym of Satoshi Nakamoto. This account of bitcoin history resumes the first ten-years (2008 - 2019) of the cryptocurrency. Bitcoin price since 2009 to 2019. Bitcoin price charts.

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The History of Bitcoin

Check out my other channel TopTenz! https://www.youtube.com/user/toptenznet →Subscribe for new videos every Monday and Thursday! https://www.youtube.com/c/bi... A new type of database, called a blockchain, would keep track of a single history of all Bitcoin transactions and it would be maintained by everyone in the network. The database would be publicly ... History Bitcoin GALILEO WORLD. Loading... Unsubscribe from GALILEO WORLD? ... HISTORY OF IDEAS - Capitalism - Duration: 11:46. The School of Life Recommended for you. 11:46. This video represent history of BTC-USD exchange rate until 2017.12.07. Bitcoin price is like crazy right now. How much will rising up? and, How much will falling down? Datasource: https://www ... Have a look at Bitcoin’s worst moments and resurrections over the past few years. Subscribe to Cointelegraph: https://goo.gl/JhmfdU #Bitcoin #Cointelegraph #...