BitcoinHistory
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According to Glassnode data, BTC outflows from exchanges have surged significantly in the past 48 hours. This increase in outflows suggests that investors might be moving their Bitcoin to cold storage, potentially signaling strong holding sentiment and a positive long-term outlook.
$BTC #BinanceTurns7 #WeAreAllSatoshi #AMA #BitcoinHistory #bitcoinwallet
$BTC #BinanceTurns7 #WeAreAllSatoshi #AMA #BitcoinHistory #bitcoinwallet
đĽWHO MADE A BITCOIN AND WHAT IS THE USE CASE OF BITCOIN OR WHEN IT FORMEDâď¸đĽ
Bitcoin was created in 2008 by an anonymous person or group known as Satoshi Nakamoto. Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" that explained the concept of a decentralized digital currency that could operate without the need for intermediaries like banks or governments. In 2009, Nakamoto released the Bitcoin software and mined the first block of the Bitcoin blockchain, known as the Genesis Block, officially launching the network.
Purpose of Bitcoin:
1. Decentralized Digital Currency: Bitcoin was designed as a form of money that could operate independently of centralized authorities.
2. Peer-to-Peer Transactions: It allows users to send and receive money directly without intermediaries.
3. Limited Supply: Bitcoin has a maximum supply of 21 million coins, making it scarce and potentially valuable over time, similar to gold.
4. Immutable Ledger: Transactions are recorded on a public ledger called the blockchain, which is secure, transparent, and tamper-proof.
Uses of Bitcoin:
Store of Value: Many people view Bitcoin as "digital gold" and hold it as an investment against inflation.
Payments: Bitcoin can be used for transactions worldwide, though its volatility and transaction fees can sometimes limit this use.
Remittances: Some people use Bitcoin to transfer money internationally with lower fees than traditional banking methods.
Decentralized Finance (DeFi): Bitcoin has inspired a broader decentralized finance movement, leading to the development of various applications and cryptocurrencies.
Bitcoin is global and can be used anywhere with internet access, although its legal status varies by country.
If you find the post helpful then please follow and like itâĽď¸
#BinanceBlockchainWeek #BTCETFDemandSurge #CryptoPreUSElection #TeslaBTCQ3HoldingsStable #CryptoPreUSElection #BitcoinHistory
Purpose of Bitcoin:
1. Decentralized Digital Currency: Bitcoin was designed as a form of money that could operate independently of centralized authorities.
2. Peer-to-Peer Transactions: It allows users to send and receive money directly without intermediaries.
3. Limited Supply: Bitcoin has a maximum supply of 21 million coins, making it scarce and potentially valuable over time, similar to gold.
4. Immutable Ledger: Transactions are recorded on a public ledger called the blockchain, which is secure, transparent, and tamper-proof.
Uses of Bitcoin:
Store of Value: Many people view Bitcoin as "digital gold" and hold it as an investment against inflation.
Payments: Bitcoin can be used for transactions worldwide, though its volatility and transaction fees can sometimes limit this use.
Remittances: Some people use Bitcoin to transfer money internationally with lower fees than traditional banking methods.
Decentralized Finance (DeFi): Bitcoin has inspired a broader decentralized finance movement, leading to the development of various applications and cryptocurrencies.
Bitcoin is global and can be used anywhere with internet access, although its legal status varies by country.
If you find the post helpful then please follow and like itâĽď¸
#BinanceBlockchainWeek #BTCETFDemandSurge #CryptoPreUSElection #TeslaBTCQ3HoldingsStable #CryptoPreUSElection #BitcoinHistory
Next stop is 75k.
(next 10 hours sideways or down then up)
As I predicted 20 hours back and in last 4 of my posts- 70k is achieved.
Daddys of crypto are sadist- they will make u feel sorry if you sell.
It serves 2 purpose.
One you value bitcoin more.
Second u buy on dips.
$BTC
#BinanceTurns7 #WeAreAllSatoshi
#BitcoinHistory #CryptoWatchMay2024 #CryptoCommunitys
(next 10 hours sideways or down then up)
As I predicted 20 hours back and in last 4 of my posts- 70k is achieved.
Daddys of crypto are sadist- they will make u feel sorry if you sell.
It serves 2 purpose.
One you value bitcoin more.
Second u buy on dips.
$BTC
#BinanceTurns7 #WeAreAllSatoshi
#BitcoinHistory #CryptoWatchMay2024 #CryptoCommunitys
đ° Bitcoin is exiting the tight range, Major breakout loading to $80k đ
#btc #bitcoin #Bitcoinâ #BitcoinHalvingTrends $BTC #BitcoinHistory $ETH
#btc #bitcoin #Bitcoinâ #BitcoinHalvingTrends $BTC #BitcoinHistory $ETH
đ° Bitcoin is up +19% from our buy zone đ
Currently playing with previous all time high $69k.
#BTCâď¸ #BitcoinHalvingTrends #Bitcoinâ #bitcoinpizzaday #BitcoinHistory
Currently playing with previous all time high $69k.
#BTCâď¸ #BitcoinHalvingTrends #Bitcoinâ #bitcoinpizzaday #BitcoinHistory
Bitcoin's Price Journey:
 - 2015: $BTC hit $280
- 2016: Surged to $670
- 2017: Skyrocketed to $2590
- 2018: Climbed to $6390
- 2019: Peaked at $7790
- 2020: Hit $8720
- 2021: Massive jump to $49690
- 2022: Dropped slightly to $38520
- 2023: Decreased to $27270
- 2024: Soared to $69350
Â
What's next in 2025? Drop your guess below! đ
 #BitcoinHistory #2025Prediction #BTC
 - 2015: $BTC hit $280
- 2016: Surged to $670
- 2017: Skyrocketed to $2590
- 2018: Climbed to $6390
- 2019: Peaked at $7790
- 2020: Hit $8720
- 2021: Massive jump to $49690
- 2022: Dropped slightly to $38520
- 2023: Decreased to $27270
- 2024: Soared to $69350
Â
What's next in 2025? Drop your guess below! đ
 #BitcoinHistory #2025Prediction #BTC
Bitcoin Origins: Let's journey back to 2009 when an unknown person or group named Satoshi Nakamoto introduced Bitcoin. Learn how this groundbreaking cryptocurrency set the stage for the decentralized revolution we're witnessing today. #BitcoinHistory
We know the number of Bitcoin in circulation. We can easily calculate the total worth of all BTC. But who are the people that own it?
Governments claim substantial Bitcoin holdings:
-U.S.: 215,000 BTC
-China 190,000 BTC
-Ukraine: 46,350 BTC
Twice as much "lost" BTC as held by governments and companies.
Satoshi is holding ~1,100,000 BTC (worth $44B+). Satoshi would be the 28th richest globally.
According to CoinGecko, 28 publicly traded companies own about 264,136 BTC.
Top 10 company BTC holders:
1. MicroStrategy Inc.
2. Galaxy Digital Holdings
3. Marathon Digital Holdings
4. Tesla, Inc.
5. Hut 8 Mining Corp
6. Coinbase Global, Inc
7. Block Inc.
8. Riot Platforms, Inc
9. Hive Blockchain
10. CleanSpark Inc.
Some anonymous people have substantial number of BTC . These are the richest BTC wallets:
1. 16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe â
168,791 BTC
2. 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r â 144,467 BTC
3. 16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk â 107,203 BTC
4. 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 â 98,042 BTC
5. 3Nxwenay9Z8Lc9JBiywExpnEFiLp6Afp8v â 97,848 BTC
Not all are anonymous, of course, and here are the top individual holders:
1. Tyler and Cameron Winklevoss: Own 70,000 BTC.
2. Tim Draper: Purchased 29,656 BTC
3. Michael Saylor: Disclosed ownership of 17,732 BTC (as of October 2020).
$BTC
#BTC #bitcoinholders #BitcoinHistory
Governments claim substantial Bitcoin holdings:
-U.S.: 215,000 BTC
-China 190,000 BTC
-Ukraine: 46,350 BTC
Twice as much "lost" BTC as held by governments and companies.
Satoshi is holding ~1,100,000 BTC (worth $44B+). Satoshi would be the 28th richest globally.
According to CoinGecko, 28 publicly traded companies own about 264,136 BTC.
Top 10 company BTC holders:
1. MicroStrategy Inc.
2. Galaxy Digital Holdings
3. Marathon Digital Holdings
4. Tesla, Inc.
5. Hut 8 Mining Corp
6. Coinbase Global, Inc
7. Block Inc.
8. Riot Platforms, Inc
9. Hive Blockchain
10. CleanSpark Inc.
Some anonymous people have substantial number of BTC . These are the richest BTC wallets:
1. 16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe â
168,791 BTC
2. 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r â 144,467 BTC
3. 16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk â 107,203 BTC
4. 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 â 98,042 BTC
5. 3Nxwenay9Z8Lc9JBiywExpnEFiLp6Afp8v â 97,848 BTC
Not all are anonymous, of course, and here are the top individual holders:
1. Tyler and Cameron Winklevoss: Own 70,000 BTC.
2. Tim Draper: Purchased 29,656 BTC
3. Michael Saylor: Disclosed ownership of 17,732 BTC (as of October 2020).
$BTC
#BTC #bitcoinholders #BitcoinHistory
Unlocking the mystery of Bitcoin halving: a journey into scarcity, rewards, and the fascinating history behind digital gold.
Embarking on the captivating realm of Bitcoin, let's unravel the significance of Bitcoin halvingâa masterful stroke by the mysterious Satoshi Nakamoto. Whether Nakamoto is an individual or a collective, the mission is clear: mirror the scarcity-driven allure found in precious commodities like gold.
Much like gold's limited supply enhancing its value, Nakamoto designed Bitcoin halving to ensure scarcity. Approximately every 210,000 mined blocks, minersâthe backbone of Bitcoinâwitness reduced rewards, directly impacting new Bitcoin creation.
Approaching the 21 million Bitcoin cap, each halving event becomes pivotal, accentuating Bitcoin's scarcity. With about 19 million bitcoins in circulation, diminishing rewards emphasize scarcity, potentially influencing Bitcoin's market dynamics and price.
Here's an intriguing fact: Did you know that the first Bitcoin halving occurred in 2012 when the mining reward dropped from 50 to 25 bitcoins? This milestone marked a transformative moment in Bitcoin's history, shaping its journey to digital gold.
Anticipating the next Bitcoin halving, the crypto community eagerly awaits this decentralized event, historically associated with market anticipation and subsequent price movements.
In the dynamic crypto landscape, understanding Bitcoin halving unveils Nakamoto's deliberate strategy and its potential impact on the digital gold narrative. Stay tuned for more chapters in Bitcoin's remarkable journey!
Note: The information provided is based on historical patterns, and the next Bitcoin halving is anticipated in April 2024. $BTC
#TrendingTopic #BTC #Bitcoin⏠#BitcoinHalvingEvent #BitcoinHistory
Embarking on the captivating realm of Bitcoin, let's unravel the significance of Bitcoin halvingâa masterful stroke by the mysterious Satoshi Nakamoto. Whether Nakamoto is an individual or a collective, the mission is clear: mirror the scarcity-driven allure found in precious commodities like gold.
Much like gold's limited supply enhancing its value, Nakamoto designed Bitcoin halving to ensure scarcity. Approximately every 210,000 mined blocks, minersâthe backbone of Bitcoinâwitness reduced rewards, directly impacting new Bitcoin creation.
Approaching the 21 million Bitcoin cap, each halving event becomes pivotal, accentuating Bitcoin's scarcity. With about 19 million bitcoins in circulation, diminishing rewards emphasize scarcity, potentially influencing Bitcoin's market dynamics and price.
Here's an intriguing fact: Did you know that the first Bitcoin halving occurred in 2012 when the mining reward dropped from 50 to 25 bitcoins? This milestone marked a transformative moment in Bitcoin's history, shaping its journey to digital gold.
Anticipating the next Bitcoin halving, the crypto community eagerly awaits this decentralized event, historically associated with market anticipation and subsequent price movements.
In the dynamic crypto landscape, understanding Bitcoin halving unveils Nakamoto's deliberate strategy and its potential impact on the digital gold narrative. Stay tuned for more chapters in Bitcoin's remarkable journey!
Note: The information provided is based on historical patterns, and the next Bitcoin halving is anticipated in April 2024. $BTC
#TrendingTopic #BTC #Bitcoin⏠#BitcoinHalvingEvent #BitcoinHistory
đ Bitcoin's Echoing History: A Familiar Retreat đđ
Just as the crypto sands shift, history replays its tune. Bitcoin, in its rhythmic dance, retraces approximately 100 days before the Halving â a pattern that persists once again.
đĄ BTC Insights:
This retracement aligns with a historical trend observed before Bitcoin's Halving events. The crypto space, known for its cyclical nature, unveils patterns that seasoned observers can identify.
đ Halving Countdown:
As the countdown to the next Halving begins, BTC retracing becomes a noteworthy marker in the crypto calendar.
đ Crypto Chronicles Unveiled:
In this ever-evolving crypto saga, understanding historical movements contributes to decoding the present and anticipating the future.
#BitcoinHistory #CryptoPatterns #HalvingInsights #TradeNTell #Write2Earn $BTC $BNB $XRP
Just as the crypto sands shift, history replays its tune. Bitcoin, in its rhythmic dance, retraces approximately 100 days before the Halving â a pattern that persists once again.
đĄ BTC Insights:
This retracement aligns with a historical trend observed before Bitcoin's Halving events. The crypto space, known for its cyclical nature, unveils patterns that seasoned observers can identify.
đ Halving Countdown:
As the countdown to the next Halving begins, BTC retracing becomes a noteworthy marker in the crypto calendar.
đ Crypto Chronicles Unveiled:
In this ever-evolving crypto saga, understanding historical movements contributes to decoding the present and anticipating the future.
#BitcoinHistory #CryptoPatterns #HalvingInsights #TradeNTell #Write2Earn $BTC $BNB $XRP
One-Fifth of Bitcoin is Lost Forever
About 20% of Bitcoin, valued at $190 billion, is considered lost or unattainable. This is because of several reasons, such as the untouched holdings of Bitcoin's creator, Satoshi Nakamoto, inaccessible coins after individuals pass away, and the loss of passwords.
While using hardware wallets provides security, losing access means saying goodbye to the associated crypto, as seen in the case of a man in the UK searching for 7,500 BTC in a landfill.
$BTC #BTC #TrendingTopic #BitcoinHistory #FACTS #Interesting
About 20% of Bitcoin, valued at $190 billion, is considered lost or unattainable. This is because of several reasons, such as the untouched holdings of Bitcoin's creator, Satoshi Nakamoto, inaccessible coins after individuals pass away, and the loss of passwords.
While using hardware wallets provides security, losing access means saying goodbye to the associated crypto, as seen in the case of a man in the UK searching for 7,500 BTC in a landfill.
$BTC #BTC #TrendingTopic #BitcoinHistory #FACTS #Interesting
Bitcoin History Repeats: Has the BTC Bull Run Begun?
In a spectacular move, the Bitcoin price jumped beyond $42,000, indicating the beginning of a strong bull run. Multiple factors have had a positive impact on the BTC price, which has been recording constant bullish candles for the past few days. Besides, the buying pressure has also mounted to a large extent, which suggests the price could maintain a fine upswing in the coming days.
The recent upswing also indicates that the crypto markets have recovered from the Terra, Celsius, FTX, etc., and many more collapses uncovered during the bear market. The price has risen over 150% this year, and the Bitcoin hash rate has been setting new highs every day. The price, which has now repeated its previous moves, is expected to remain upside without any broader pullback.
The above chart showcases the Bitcoin price consolidation just before the start of a bull run. It indicates that the price has undergone a similar trend previously, which has resulted in a strong bull run ahead. Each time this was triggered, the BTC price went parabolic and topped in 4 to 10 months.
Therefore, some of the reports suggest the price may even begin with a strong bull run much before the halving event, as the volume indicator just soared above the positive range for the first time since the beginning of 2022.
Now that the BTC price has already marked a new resistance at $42,154 after breaking above the channel, the current next target could be around $48,000.
#BTC #BitcoinHistory #BTC/Update: #BinanceTournament #CryptoScoop
$BTC
In a spectacular move, the Bitcoin price jumped beyond $42,000, indicating the beginning of a strong bull run. Multiple factors have had a positive impact on the BTC price, which has been recording constant bullish candles for the past few days. Besides, the buying pressure has also mounted to a large extent, which suggests the price could maintain a fine upswing in the coming days.
The recent upswing also indicates that the crypto markets have recovered from the Terra, Celsius, FTX, etc., and many more collapses uncovered during the bear market. The price has risen over 150% this year, and the Bitcoin hash rate has been setting new highs every day. The price, which has now repeated its previous moves, is expected to remain upside without any broader pullback.
The above chart showcases the Bitcoin price consolidation just before the start of a bull run. It indicates that the price has undergone a similar trend previously, which has resulted in a strong bull run ahead. Each time this was triggered, the BTC price went parabolic and topped in 4 to 10 months.
Therefore, some of the reports suggest the price may even begin with a strong bull run much before the halving event, as the volume indicator just soared above the positive range for the first time since the beginning of 2022.
Now that the BTC price has already marked a new resistance at $42,154 after breaking above the channel, the current next target could be around $48,000.
#BTC #BitcoinHistory #BTC/Update: #BinanceTournament #CryptoScoop
$BTC
WATCH OUT! $BTC HALVING IN FEW DAYS đĽ
Initially, Bitcoin miners were rewarded with 50 BTC per block. Right now they receive 6.25 BTC and in 2 days they will be rewarded for 3.125 BTC! REMEMBER, BTC is money they canât steal from you. It is the long term exit from the fiat currency system! đĽđŞ
#BitcoinHalvingMassiveEvent #BitcoinHalvingImpact #BitcoinHalving2024 #BitcoinHistory
Initially, Bitcoin miners were rewarded with 50 BTC per block. Right now they receive 6.25 BTC and in 2 days they will be rewarded for 3.125 BTC! REMEMBER, BTC is money they canât steal from you. It is the long term exit from the fiat currency system! đĽđŞ
#BitcoinHalvingMassiveEvent #BitcoinHalvingImpact #BitcoinHalving2024 #BitcoinHistory
đ¤CALIM FREE TOKEENS FROM MY TWO PINNED POSTS đ¤
đ¨đ¨đ Nakamoto said that the work of writing Bitcoin's code began in the second quarter of 2007.On 18 August 2008, he or a colleague registered the domain name bitcoin.org, and created a web site at that address. On 31 October, Nakamoto published a white paper on the cryptography mailing list at metzdowd.com describing a digital cryptocurrency, titled "Bitcoin: A Peer-to-Peer Electronic Cash System".
On 9 January 2009, Nakamoto released version 0.1 of the Bitcoin software on SourceForge and launched the network by defining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins. Embedded in the coinbase transaction of this block is the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks",citing a headline in the UK newspaper The Times published on that date. This note has been interpreted as both a timestamp and a derisive comment on the alleged instability caused by fractional-reserve banking.
#BitcoinHalvingDrama #BitcoinAwareness #BitcoinHistory #BitcoinHalvingMagic #btcnews99
đ¨đ¨đ Nakamoto said that the work of writing Bitcoin's code began in the second quarter of 2007.On 18 August 2008, he or a colleague registered the domain name bitcoin.org, and created a web site at that address. On 31 October, Nakamoto published a white paper on the cryptography mailing list at metzdowd.com describing a digital cryptocurrency, titled "Bitcoin: A Peer-to-Peer Electronic Cash System".
On 9 January 2009, Nakamoto released version 0.1 of the Bitcoin software on SourceForge and launched the network by defining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins. Embedded in the coinbase transaction of this block is the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks",citing a headline in the UK newspaper The Times published on that date. This note has been interpreted as both a timestamp and a derisive comment on the alleged instability caused by fractional-reserve banking.
#BitcoinHalvingDrama #BitcoinAwareness #BitcoinHistory #BitcoinHalvingMagic #btcnews99
"From humble beginnings to staggering heights, Bitcoin's journey has been nothing short of remarkable. Witness its meteoric rise from $280 in 2015 to an incredible $73,000 in 2024! Join the revolution and seize the opportunity with Binance at Binance Square Vietnam. Don't miss out on the next big move in cryptocurrency! #BitcoinHistory
đ The Power of $BTC Halving! đđ°
Hey Crypto Enthusiasts! đ Let's rewind the clock and explore the thrilling history of Bitcoin halvings! â°đ
đ 1st Halving (2012):
Result? BTC soared a staggering đľ,đľđŹđŹ%! đđ¸
đ 2nd Halving (2016):
Outcome? BTC skyrocketed by an impressive đŽ,đľđŹđŹ%! đđ°
đ 3rd Halving (2020):
Result? BTC witnessed a remarkable surge of đłđŹđŹ%! đđ
đ 4th Halving (2024):
The million-dollar question: What's next? đ§đ
đ Stay Tuned for the Thrills!
The halving saga continues. Brace yourselves for the next chapter in BTC's historic journey! đđ
#TradeNTell #Write2Earn #BitcoinHistory #BTC #CryptoChronicles $ETH $BNB
Hey Crypto Enthusiasts! đ Let's rewind the clock and explore the thrilling history of Bitcoin halvings! â°đ
đ 1st Halving (2012):
Result? BTC soared a staggering đľ,đľđŹđŹ%! đđ¸
đ 2nd Halving (2016):
Outcome? BTC skyrocketed by an impressive đŽ,đľđŹđŹ%! đđ°
đ 3rd Halving (2020):
Result? BTC witnessed a remarkable surge of đłđŹđŹ%! đđ
đ 4th Halving (2024):
The million-dollar question: What's next? đ§đ
đ Stay Tuned for the Thrills!
The halving saga continues. Brace yourselves for the next chapter in BTC's historic journey! đđ
#TradeNTell #Write2Earn #BitcoinHistory #BTC #CryptoChronicles $ETH $BNB
đđ Interesting Fact Alert!
Were you aware that the initial transaction conducted using Bitcoin was for... pizza? Indeed! On May 22, 2010, an individual from Florida spent a significant 10,000 Bitcoin â which was valued at approximately $40 at the time â to acquire two delicious pies from Papa John's.
At the time, Bitcoin's value was less than half a cent per coin. đ˛
Fast forward to today, and one Bitcoin is worth over $63,000! đ¤Ż
It is quite surprising how those pizzas ended up being the most costly ones in history. đ
#BitcoinHistory #CryptoFacts #BTC #BinanceLaunchpool $BTC
Were you aware that the initial transaction conducted using Bitcoin was for... pizza? Indeed! On May 22, 2010, an individual from Florida spent a significant 10,000 Bitcoin â which was valued at approximately $40 at the time â to acquire two delicious pies from Papa John's.
At the time, Bitcoin's value was less than half a cent per coin. đ˛
Fast forward to today, and one Bitcoin is worth over $63,000! đ¤Ż
It is quite surprising how those pizzas ended up being the most costly ones in history. đ
#BitcoinHistory #CryptoFacts #BTC #BinanceLaunchpool $BTC
đ Celebrating a Crypto Milestone! đ
15 years ago, Hal Finney made history by sending out the first-ever tweet mentioning #Bitcoin! đ
Dive into the crypto archives with us as we honor this pivotal moment in the evolution of digital currency. đâ¨
#CryptoAnniversary #BitcoinHistory #BTC #BTCApproved2024
Like, share, and follow @MemeLauncher for more fascinating crypto insights! đđ
15 years ago, Hal Finney made history by sending out the first-ever tweet mentioning #Bitcoin! đ
Dive into the crypto archives with us as we honor this pivotal moment in the evolution of digital currency. đâ¨
#CryptoAnniversary #BitcoinHistory #BTC #BTCApproved2024
Like, share, and follow @MemeLauncher for more fascinating crypto insights! đđ
