2020-1-10 11:39 |
Bitcoin (BTC) or gold (XAU)? Here's what Peter Schiff said about the bitter rivalry of these assets back in 2011
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In 2011, Mike Caldwell created the notorious Casascius physical bitcoin collection, and since then the series of coins has become extremely valuable. Over the last two months, a bunch of people have redeemed their Casascius coins and on December 23 someone peeled a 100 BTC ($723K) Casascius bar.
2019-12-25 14:00 | |
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The Bitcoin price is likely in the beginning stages of the next market cycle. Compared to the previous market cycles in 2011 and 2013, this one is expected to be more gradual and transpire over a longer period of time.
2019-12-15 08:27 | |
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BitPay, a leading bitcoin (BTC) and altcoins payments processor established in May 2011, has added support for top stablecoins including Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX).
2019-12-11 16:00 | |
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The Bitcoin price possibly began a new market cycle in December 2018. However, it is likely in the accumulation phase and will trade sideways in the near future. A Bitcoin investor in 2011 would have received a 250,000 percent rate of return on the original investment.
2019-11-29 09:15 | |
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If you had invested in Bitcoin in 2011, you would have received a 250,000% return on investment (ROI). Bitcoin’s performance has far outpaced other asset classes, a fact that many Bitcoin proponents highlight to potential investors.
2019-11-27 02:33 | |
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Even with the recent correction, Bitcoin market prices are at a moon-like level in comparison to prices just eight years ago. Back in 2011, BTC was a niche asset with trading just starting off, conquering the $1 for the first time, after climbing from a few cents.
2019-11-23 16:30 | |
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The first bull run recorded by Bitcoin saw the leading cryptocurrency jumping a whopping 318,864% with BTC at $31. 90 in 2011. Then in the second bull run in 2013, BTC surged to a new high at around $1,175, registering the gains of 58.
2019-11-18 17:27 | |
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Late last month, Bitcoin (BTC) caught traders across the industry with their pants down: in a day’s time, the leading cryptocurrency had pumped by 42%, surging from $7,200 to $10,500 in a jaw-dropping, historical move higher.
2019-11-17 00:30 | |
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What is Litecoin in a Nutshell? Litecoin was created in 2011 by Charlie Lee, a former employee of Google, as a peer to peer currency for cheaper and faster transactions than Bitcoin. Litecoin is often described as silver to Bitcoin’s gold.
2019-11-16 22:11 | |
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It was a milestone that Bitcoin loyalists had long anticipated. Nevertheless, a toast was in order the day BTC reached parity with the US dollar. February 9, 2011 was the historic date, and over on the Bitcointalk forum, talk inevitably turned to what this meant for the nascent cryptocurrency.
2019-11-13 03:30 | |
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The overall chart of Bitcoin demand has shown a clear growth trend, with demand in dollar terms increasing by 2. 2 times each year. BTC Demand May Become Self-Fulfilling Prophecy The big mystery for Bitcoin is whether the reward halving would cause a significant price rally.
2019-11-11 21:00 | |
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Bitcoin UTXO transactions per month has increased 100 times more since 2011 reports Bitcoinist, who referenced the statistics from Twitter users, Plan B and Token Insight. So, what are UTXOs exactly? UTXOs are also known as unspent transaction outputs.
2019-11-9 21:26 | |
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Bitcoin (BTC) usage statistics over the years have furnished some interesting insights. Coins circulating in transactions have remained stable. But now, the network carries more value, as there are more UTXO transactions or unspent coins.
2019-11-7 16:30 | |
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Roger Ver, popularly nicknamed “Bitcoin Jesus”, is giving away $5 worth of Bitcoin Cash to his Facebook followers. The BTC guru hyped Bitcoin Cash saying that the price could surge by over 90,000% in the future.
2019-11-5 20:55 | |
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For those interested in bitcoin's history, you will have surely came across the Silk Road phenomena as it was the first-ever dark web marketplace who used bitcoin exclusively that got started in February 2011, roughly two years after the Bitcoin network began in January 2009.
2019-11-5 03:17 | |
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Bitcoin, also known as “digital gold,” has outperformed gold every year since 2011. Given the large discrepancy in the market capitalization between bitcoin and gold, bitcoin has more potential to grow over the short to medium term than gold.
2019-11-4 17:02 | |
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Last week saw one of Bitcoin’s craziest bouts of price action in its 11-year history. After a 10% flash crash to $7,300, the leading cryptocurrency rallied by 42% — BTC’s highest daily gain since 2011 and the fourth-largest move its kind ever — to $10,500 in a move that wiped hundreds of millions of BitMEX.
2019-11-3 15:00 | |
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Gold is often compared to Bitcoin, but let’s take a look at their actual price differentiation. In today’s prices, 1 oz. of gold is worth around 0. 15 BTC. For comparison, 1 oz. of the metal was worth 584 BTC in 2011.
2019-11-3 11:34 | |
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Maybe the smartest thing Satoshi did after creating Bitcoin was to disappear. The question isn’t ‘why did Satoshi disappear?’ but rather ‘why then?’ Was Satoshi’s departure in early 2011 scheduled long in advance, or did unforeseen events compel Nakamoto to pack his bags and flee the community he had founded, never to return? Several credible […] The post Satoshi’s Final Messages Leave Tantalizing Clues to His Disappearance appeared first on Bitcoin News.
2019-10-30 19:30 | |
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The Bitcoin price underwent a rapid increase on October 25. Measuring the rate of increase and time it took to transpire, it was the largest such increase since 2011 — when the volume in the markets was minimal.
2019-10-30 22:12 | |
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Last weekend, Bitcoin (BTC) saw a historic move: in under 24 hours, the leading cryptocurrency shot higher by 42%, finding itself trading at $10,500 after falling as low as $7,300. This marked Bitcoin’s fourth-largest daily move in its history, and the largest move upward since 2011.
2019-10-29 15:00 | |
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BTC price destroys bears with $150 million short squeeze posting a historic 42% daily gain
2019-10-27 10:39 | |
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After Litecoin founder Charlie Lee teased new privacy features early this year, it has finally published the first draft plans. Litecoin has proposed MimbleWimble (MW) transactions to bring on updated scaling and privacy features.
2019-10-24 18:15 | |
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Happy 8th Birthday Litecoin (LTC) Litecoin (LTC), the sixth largest cryptocurrency in market capitalization, celebrated its 8th birthday on Oct. 13. Former Google employee and former Coinbase developer, Charlie Lee, released the open source blockchain as a Bitcoin fork on Oct.
2019-10-14 15:45 | |
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Until now, there have been three major Bitcoin corrections. They began in June 2011, November 2013, and December 2017. Numerous cryptocurrency traders use these as references for future price movements.
2019-10-10 18:05 | |
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Litecoin was created back on 7th Oct 2011 by Charlie Lee, an ex-Google employee, who quit working in order to focus on Litecoin full time. Charlie is very active on Twitter. You can read his blog here.
2019-10-7 02:51 | |
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Peter Schiff, the chief executive of Euro Pacific Capital and Chairman of Schiff Gold, is an outspoken bitcoin hater. His animosity against the top cryptocurrency can be traced as far back as June 21, 2011.
2019-9-30 18:00 | |
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The U. S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010.
2019-9-30 09:19 | |
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According to Binance Research, relative search trends of the term “Bitcoin” have been shifting from west to east since 2011, and have now reached Africa. Binance highlights Bitcoin popularity on Google Search The world’s largest digital asset, Bitcoin, has always been synonymous with cryptocurrencies.
2019-9-27 09:56 | |
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The Google search trends of “Bitcoin” term have moved from Western countries to Asia and Eastern Europe throughout the years and recently landed in Africa, according to Binance Research. Bitcoin Now Most Popular in Nigeria Earlier today, Binance Research presented a short video demonstrating the changes in heat ranking of Bitcoin term in Google search by country.
2019-9-26 15:30 | |
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Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network.
2019-9-22 00:20 | |
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Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to a scripting error.
2019-9-21 06:30 | |
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Blockchain. com has reached a record of more than 40 million wallet users, 41,527,053, to be exact, as of August 27, 2019. Blockchain. com is a cryptocurrency information service and cryptocurrency wallet for Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH).
2019-8-28 16:04 | |
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No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day.
2019-8-25 05:10 | |
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Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to the U.
2019-8-19 12:02 | |
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Crypto mining was a new frontier in 2011. Bitcoin’s ledger had just launched a couple of years earlier. Most were still barely getting used to the idea, and possibilities. At that point, it was common for Bitcoins to be mined from computers in basements and college dormitories.
2019-7-27 15:14 | |
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Irish man Gary Davis, also known as “Libertas,” has been sentenced to 78 months in prison for helping to run the now defunct Silk Road website on the dark web. The Irish national, who was extradited to the US in July last year, was arrested in January 2014.
2019-7-26 17:35 | |
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Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the Bitcoin and cryptocurrency world. Bitcoin‘s pseudonymous creator Satoshi Nakamoto has been noticeably absent for most of its existence.
2019-7-19 17:59 | |
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According to court documents freshly re-leaked on Twitter, Craig Wright has given two widely diverging stories on his history of mining Bitcoin in the early at the turn of the last decade. Quick note on Craig Wright, mining & trusts.
2019-7-14 15:04 | |
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According to court documents freshly re-leaked on Twitter, Craig Wright has given two widely diverging stories on his history of mining Bitcoin in the early at the turn of the last decade. Quick note on Craig Wright, mining & trusts.
2019-7-13 15:04 | |
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The famous Winklevoss twins and their imbroglio with Mark Zuckerberg’s Facebook needs no introduction. Interestingly, the business honchos’ tryst with Gemini started after winning a $65 million settlement from a lawsuit against the social media giant in 2011.
2019-7-11 19:30 | |
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n total, there have been 22 positive quarters and 12 negative quarters. Bitcoin’s massive Q2 2019, at +160%, is the seventh-best quarterly gain. The highest positive period was Q2 2011 at +1941% and the highest negative period was Q3 of that year at -68%.
2019-7-3 15:01 | |
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Serial entrepreneur Jed McCaleb, and creator of the now-defunct Mt. Gox, is facing a lawsuit over his handling of the failed cryptocurrency exchange. Former Mt. Gox traders Joseph Jones and Peter Steinmetz allege McCaleb was “fraudulent” and “negligent” in his representation of the exchange, partly leading to the loss of their Bitcoin when it was hacked in the notorious hacking incident from 2014, CoinDesk reports.
2019-6-26 14:47 | |
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A comprehensive research dubbed “Mapping Bitcoin’s Influence on Academic Research” was conducted by authors Mark Holub and Jackie Johnson; they looked into literature samples of 1,206 that had Bitcoin citation between 2011 and 2016 and revealed Bitcoin’s multi-disciplinary influence.
2019-6-17 20:30 | |
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By CCN Markets: Bitcoin, the asset written off by many prominent economists after an enormous fall last year, has surged by more than 115% in the first half of 2019. The world’s largest cryptocurrency in May established a year-to-date high of $9,090 on Coinbase exchange.
2019-6-13 01:00 | |
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Orange is the new black. Male stockings are all the rage. And 2019 is the new 2017, according to Bitcoin millionaire and ‘wunderkind’ Erik Finman. Bitcoin and Blockchain Are the ‘Cutting Edge’ Erik Finman.
2019-6-10 21:00 | |
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Bitcoin has gone through many bear and bull cycles over the years. The first one was during September 27, 2010 – June 8, 2011, that saw 49,233% gains only to drop down 93.07%. Then in 2012, we surged 11,119% only to drop 71% in 2013. In the second half of 2013, that is from July […]
2019-6-9 20:12 | |
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It was around this exact time in 2011 where Bitcoin was trading at JUST a tiny fraction at which 1 BTC could get you $8. 499 against the US Dollar – Very much under the radar from most. Albeit it wasn’t as difficult as it was back then to own Cryptocurrencies.
2019-6-3 17:18 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value.
2019-6-4 23:41 | |
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