Okay... maybe I was wrong.
I want to believe the bull run is starting, I really do. But I've been burned too many times in the last few years. So, I'm just going to pretend Bitcoin is about to giga nuke to $20k
We always think about what the price of Bitcoin might be in a decade, but imagine how ridiculously high the hash rate is going to be.
This is me every time I can't pay for something in Bitcoin.
How are there still people out there that think cryptocurrencies are stocks.
When do you think Bitcoin will hit a new all-time high?
How does everyone think the next bull run will look?
A slow and gradual pump up to all-time highs
or
A quick giga pump from somewhere like $35k back to all-time highs
The lowest price someone ever paid for #bitcoin was $0.00099.
Back in October 2009, Bitcoin Forum user NewLibertyStandard wanted to start the first-ever Bitcoin exchange.
So, he bought 5,050 Bitcoin for $5.02. This was enough to help him get the exchange started.
Totally forgot about that. That's a good one!
Of course you can't forget a classic like the Bitcoin Pizza. Where in 2010 a guy paid 10,000 Bitcoin for two pizzas.
How about this StarCraft tournament from 2011 where 5th through 8th place got 25 Bitcoins. While first place got $500.
The guy who was donated 92 Bitcoin for standing on a busy street with a hat and a sign that read "Stop The Fed! Use Bitcoins!!!"
The sad story of a man who accidentally threw away an old hard drive that contained 8,000 Bitcoin (valued at over $240,000,000 today).
That time a guy streamed a massive rugpull live on Twitch to thousands of viewers.
What are the craziest stories from the crypto space? Here are a few I can think of. 🧵
I want to describe what Paper Bitcoin is for a video and article, but I'm struggling with the best way to define it concisely. I want to be able to describe it in just a sentence or two. Can anyone help me out?
Fiat price doesn't correlate to the strength of the Bitcoin Network. It's definitely stronger now than it was at last ATH.
That being said a higher fiat price is good. Most of us heard about Bitcoin because it had a huge rip in price. That's how I got into It I'm 2017 and that's how a lot of people got into it in 2021. If we start going back to ATH it will get a ton of press coverage and lots of new people will learn about why Bitcoin exists.