In 2011, When Bitcoin Was $1, One YouTuber Predicted it ...

‘Quora explains why Bitcoins are a bad idea’ June 2011. “Bitcoin then lost around a third of its value but has since climbed back up to around $22 per Bitcoin”

‘Quora explains why Bitcoins are a bad idea’ June 2011. “Bitcoin then lost around a third of its value but has since climbed back up to around $22 per Bitcoin” submitted by DrDic to Bitcoin [link] [comments]

Bought my first bitcoin for $6 in 2011. Sold my last bitcoin for $6227 in 2017. Bitcoin has been taken over by people who do not share my values. Bitcoin Cash is the vision I signed up for in 2011. The possibility of financial freedom for everyone.

Bought my first bitcoin for $6 in 2011. Sold my last bitcoin for $6227 in 2017. Bitcoin has been taken over by people who do not share my values. Bitcoin Cash is the vision I signed up for in 2011. The possibility of financial freedom for everyone. submitted by mcfrankline to btc [link] [comments]

Peter Schiff on Bitcoin and where the dollar gets its value - From: 2011-06-21 Peter Schiff Show

Peter Schiff on Bitcoin and where the dollar gets its value - From: 2011-06-21 Peter Schiff Show submitted by Bidofthis to Bitcoin [link] [comments]

Roger Ver on Twitter: Bitcoin Cash is what I started working on in 2011: a store of value AND means of exchange.

Roger Ver on Twitter: Bitcoin Cash is what I started working on in 2011: a store of value AND means of exchange. submitted by MemoryDealers to btc [link] [comments]

Bitcoin average DAILY value change during: 2010: +0.82% 2011: +0.76% 2012: +0.26% 2013: +1.11% 2014: -0.25% 2015: +… https://t.co/vMaDQbb9NU - Crypto Insider Info - Whales's

Posted at: December 30, 2018 at 09:12PM
By:
Bitcoin average DAILY value change during: 2010: +0.82% 2011: +0.76% 2012: +0.26% 2013: +1.11% 2014: -0.25% 2015: +… https://t.co/vMaDQbb9NU
Automate your Trading via Crypto Bot : http://bit.ly/2GynF9t
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

If you invested 1K in Bitcoin in 2011, you're sitting on $19 million in value today

If you invested 1K in Bitcoin in 2011, you're sitting on $19 million in value today submitted by PMGBiz to Bitcoin [link] [comments]

If you invested 1K in Bitcoin in 2011, you're sitting on $19 million in value today

If you invested 1K in Bitcoin in 2011, you're sitting on $19 million in value today submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Remember when Bitcoin lost 90% of its value, $33 ---> $3 in 2011

Remember when Bitcoin lost 90% of its value, $33 - $3 in 2011 submitted by Anenome5 to Bitcoin [link] [comments]

The Rise and Fall of Bitcoin (Wired 11/23/2011) - Well written and very interesting article about Bitcoin's demise at it's "peak value" of $29.57.

The Rise and Fall of Bitcoin (Wired 11/23/2011) - Well written and very interesting article about Bitcoin's demise at it's submitted by Dwight_Kurt_Schrute to Bitcoin [link] [comments]

Roger Ver on Twitter: Bitcoin Cash is what I started working on in 2011: a store of value AND means of exchange.

Roger Ver on Twitter: Bitcoin Cash is what I started working on in 2011: a store of value AND means of exchange. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bought my first bitcoin for $6 in 2011. Sold my last bitcoin for $6227 in 2017. Bitcoin has been taken over by people who do not share my values. Bitcoin Cash is the vision I signed up for in 2011. The possibility of financial freedom for everyone. (/r/btc)

Bought my first bitcoin for $6 in 2011. Sold my last bitcoin for $6227 in 2017. Bitcoin has been taken over by people who do not share my values. Bitcoin Cash is the vision I signed up for in 2011. The possibility of financial freedom for everyone. (/btc) submitted by ContentForager to mistyfront [link] [comments]

Bought my first bitcoin for $6 in 2011. Sold my last bitcoin for $6227 in 2017. Bitcoin has been taken over by people who do not share my values. Bitcoin Cash is the vision I signed up for in 2011. The possibility of financial freedom for everyone.

Bought my first bitcoin for $6 in 2011. Sold my last bitcoin for $6227 in 2017. Bitcoin has been taken over by people who do not share my values. Bitcoin Cash is the vision I signed up for in 2011. The possibility of financial freedom for everyone. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: TIL that Bitcoins are the initial virtual banking currency of the internet. Cryptocurrencies are just lines of computer code that hold monetary value. From 2011-2013, criminal traders would use such c /r/todayilearned

Bitcoin mentioned around Reddit: TIL that Bitcoins are the initial virtual banking currency of the internet. Cryptocurrencies are just lines of computer code that hold monetary value. From 2011-2013, criminal traders would use such c /todayilearned submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If you invested 1K in Bitcoin in 2011, you're sitting on $19 million in value today

submitted by BitcoinAllBot to BitcoinAllTV [link] [comments]

@coinschedule : Bitcoin average DAILY value change: https://t.co/nZbiejMCMR 2011: +0.76% 2012: +0.26% 2013: +1.11% 2014: -0.25% 2015: +0.09% 2016: +0.22% 2017: +5.06% $BTC #Bitcoin https://t.co/k6pz59D3ap

@coinschedule : Bitcoin average DAILY value change: https://t.co/nZbiejMCMR 2011: +0.76% 2012: +0.26% 2013: +1.11% 2014: -0.25% 2015: +0.09% 2016: +0.22% 2017: +5.06% $BTC #Bitcoin https://t.co/k6pz59D3ap submitted by coinschedule to CoinSchedule [link] [comments]

Value of funded unopened 2011 Bitbill v0.07? (First physical bitcoin)

Value of funded unopened 2011 Bitbill v0.07? (First physical bitcoin) submitted by ImagesOfNetwork to ImagesOfThe2010s [link] [comments]

Value of funded unopened 2011 Bitbill v0.07? (First physical bitcoin) /r/Bitcoin

Value of funded unopened 2011 Bitbill v0.07? (First physical bitcoin) /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Greg Maxwell engaging in gaslighting and historical revisionism in censored forum where he can't be corrected.

https://np.reddit.com/Bitcoin/comments/j7gw09/btc_vs_bch/g86r3bk/
A lot of early Bitcoiners knew this and spoke clearly about it, but somehow as waves of new people came in 2013 where 99% of their experience with money was 'payments' and a lot of scammers and sociopaths started pushing for a massive rates of new adoption beyond what was reasonably possible and a lot of people lost the plot. Short of violent conquest, becoming a world reserve currency fundamentally takes time. Fortunately, most of that attention went to sketchy altcoins that have now lost 90% of their value because their ideas were flawed and the people leading those flawed efforts uh.. had issues: The free market at work I guess.
Meanwhile, a simple check of the history for the scalability FAQ on the core controlled en.bitcoin.it quickly shows this to be the outright lie it is.
https://archive.is/gfvBq
Also note the continuous presentation of a false dichotomy between store of value and medium of exchange, as payment network vs digital gold whilst completely ignoring the fact that not only are they not a contradiction, they actually rely on each other.
nullc your nonsense will not be allowed to fly without comment, and you will not be able to cover up the historical facts of the matter no matter how many times you repeat yourself in censored forums. The internet never forgets, and it's a simple fact of recorded history that you sabotaged the project.
EDIT; The fool has seen fit to respond in the original forum and also PM'd me with insults and an insistence that this was a vicious attempt to attack him absent his ability to defend himself because he is now banned on this forum. The truth does not fear investigation and so, the response in question is;
https://np.reddit.com/Bitcoin/comments/j7gw09/btc_vs_bch/g8tqgoj/
This response is not new at all, and is just as much a lie as the original comment, and I have directly refuted it before as well;
https://np.reddit.com/btc/comments/htss6k/banned_for_lying_on_rbitcoin_when_a_mod_was/fyntoze/
nullc, I repeat my original accusation; you're a lying saboteur and you have no integrity whatsoever. What you did was not an innocent mistake, you are a malevolent actor and the worst thing to have ever happened to bitcoin, period.
As for your insinuation that your out of context false quotes were almost certainly from before I ever heard of bitcoin, exactly how much are you prepared to wager that I can't present a key from 2011 to prove that this too, like everything else you say is nothing but complete fucking nonsense?
submitted by etherael to btc [link] [comments]

Over 700 billion USD in value has been transacted using bitcoin, since 2011-09

Over 700 billion USD in value has been transacted using bitcoin, since 2011-09 submitted by BitcoinAllBot to BitcoinAll [link] [comments]

"early investors in bitcoin need to realize that the increase in the value of their investments since 2011 was made possible because exchanges created banking relationships. "

submitted by polarbear8809 to Bitcoin [link] [comments]

In 2011 the Depository Trust & Clearing Corporation settled $1.7 *QUADRILLION* in value worldwide. Bitcoin has plenty room for growth.

In 2011 the Depository Trust & Clearing Corporation settled $1.7 *QUADRILLION* in value worldwide. Bitcoin has plenty room for growth. submitted by Zamicol to Bitcoin [link] [comments]

What we can learn from Litecoin falling out of Top10

So as LTC is dropping out of Top10 coins on cmc for the first time (currently sitting at 12) I think it is time to get some insights out of its demise.
Many people in crypto community (especially here in btc) know that LTC is, while not being an outright shitcoin, basically a useless coin. The advantages it had over BTC were really small for most of its lifetime (except for BTC high fee times), and compared to most other alts it was inferior. It had no roadmap other than being a testing ground for BTC and backporting their changes. But what it had, was a clever marketing or "story to tell". Litecoin is silver to BTC's gold. With this simple marketing trick it managed to closely align it to Cryptos biggest Community (BTC) and also paved the way for the greatest dogma in crypto that developed over the years: that Bitcoin is not meant to be spend BTC rather hoarded like gold and if you need to make actual crypto payment you do it with Litecoin.
This marketing ensured that LTC could stay in Top10 for almost a decade, whereas other coins out of the 2011-2013 copycat altcoin era, even some that provided actual advantage (think of Peercoin for example) have long been forgotton.
So what can we learn from this? In crypto community there is a lot of joking about the market being irrational, shitcoins like IOTA which do not even work having the same price development as legit projects, useless projects pumping like mad because they spend all their ICO money on marketing, sentiments like "the market can stay longer irrational than you can solvent" and so and so on. In the case of LTC it is now possible to quantify how long the market can stay irrational in extreme cases: Almost a decade. Measured in crypto time frames almost an eternity, but not a lifespan.
Also important to note is that Litecoin compared to BCH has (even before their current artificial increase) better onchain stats regarding transaction count, active adresses etc. Nevertheless the gap between the coins continues to widen. The market DOES price in tech, future outlook, roadmap and things alike.
So in conclusion: 1. Marketing is extremely important and can outweigh actual tech and roadmap in the short and mid-term (up to 8 years in extreme cases), but not in the long term. 2. Community sentiment can have tremendous impact, just because LTC aligned closely with BTC community they managed to survive much longer than similiar projects from the era. 3. Over time the market does take into account future perspective and outlook.
BCH should take steps accordingly, continue to invest in solid and novel tech, but also increase its reputation in the wider crypto community (pro tip: not constantly shitting on other projects help). In a few years we can earn the fruit of it.
Another thing that came to my mind is that crypto market actually works the direct opposite of current stock market. In crypto, everything changes super fast but the actual market elements to work (valuing fundamental value, expectation trading) takes ages. In stock market (if you look at Tesla for example) things go way slower but basic market functions are comparably quicker (as seen in Tesla having better stock than other car manufacturers, despite being arguably profitable and delivering much less cars, but what matters is actual tech and future expectations).
What do you think of the analysis?
submitted by GeorgAnarchist to btc [link] [comments]

Bitcoin Update - just buy $1 worth of bitcoin please ... 10/19/2011 Bitcoin - YouTube BTC 2011 Bitcoin Price History 2011 2020 - YouTube Bitcoin digital currency - KOLD 13 Nov 10 2011

Following a request from Satoshi, Julian Assange refrained from accepting Bitcoin until mid-way through 2011. Nevertheless, this event shone a light on Bitcoin’s unique value as censorship resistant electronic money. The most recent such blockade occurred when MasterCard and VISA blacklisted Backpage.com, a Craigslist-style site which lists, inter alia, adult services. Adult service ... Bitcoin Historical Prices. The price of Bitcoin in USD is reported by Coindesk. All prices on this page are nominal (i.e., they are not indexed to inflation). New Beginnings · At the start of 2011, you could buy 1 Bitcoin for $0.30! The currency experienced a spike to above $15, but ended the year around $3. Bitcoin Price in 2011. The price of Bitcoin in USD is reported by Coindesk. All prices on this page are nominal (i.e., they are not indexed to inflation). For price history since Bitcoin was first traded on exchanges in 2010, click here. Bitcoin Price Chart, 2011 This graph shows the conversion rate of 1 Bitcoin to 1 USD at the first of each month. Bitcoin Price in 2011 ($) Bitcoin Price Table ... In 2011, Bitcoin reached parity with the US Dollar on February 9 — the same month Silk Road, the online dark-net marketplace, went online. Drew Llewellyn bought his first Bitcoin in 2011. Over the years, he has paid up to £899 ($1,100) and as little as £14.70 ($18) for one Bitcoin, as the value of the digital currency has ...

[index] [11281] [50912] [10857] [10372] [37141] [10656] [46685] [20898] [12406] [29945]

Bitcoin Update - just buy $1 worth of bitcoin please ...

Bitcoin Chart Timelapse 2011- March 2019 - Duration: 5:22. SkylerBTC 2,532 views. 5:22. Bitcoin Price Prediction How likely it can hit $100K ?? (Very Likely) - Duration: 10:27. ... Easiest way to buy bitcoin (bank transfer): https://coinbase.com/?r=515f664d7198da63d3000016 In this tutorial I explain Bitcoin and demonstrate how to get st... Look for the price of lotto ticket you can hold bitcoins for 10 years and become a millionaire it's time you stop living in fear. If it goes to zero you lose... This is a replay of the Bitcoin price between 2011 and 2019. -Bitcoin was created 2009 -Bitcoin price reaches $0.1 for the first time 10/10/2010 -Bitcoin pri... [insert description] [insert cop-out joke]

#