What Actually Happened to BITCOIN?

tusher1 (38)in #partiko • 5 years ago

On August, 18, 2008 Bitcoin.org was anonymously registered. Just 2 months later Nakamoto published a white paper called Bitcoin – A Peer to Peer Electronic Cash System, explaining the whole idea behind the bitcoin.

In October 2009 bitcoin exchange rate was finally revealed – 1 dollar equalled 1.309 bitcoins.
By the beginning of 2011 1 bitcoin was worth 1 dollar. With all the buzz around it 4 months later it was already 31 dollars against 1 bitcoin.
In April of 2013 it hit the new height of 266 dollars. In November of the same year 1 bitcoin went up to 1.242 dollars!
By the beginning of 2018, its price beat all the records going all the way up to mind-blowing 13.000 dollars!
Some countries aren't fans of cryptocurrency as well, including the US. In 2018 the US Securities and Exchange Commission made it clear that the operators of 2 initial coin offerings must pay fines and restitution.
Analysts also have another theory for bitcoin fall – the division within the cryptocurrency community.
NEO reached its all-time peak back in 2017 when it valued about 162 dollars. Today, however, it equals only a little bit over 9 dollars for one token.
Monero is an open-source cryptocurrency that first came to market in 2014. It's highly private, safe, and leaves no trace whatsoever.
Litecoin was created back in 2011 by a former Google engineer Charlie Lee. It's one of the first cryptocurrencies launched and is even called a “silver to bitcoin's gold!”
Dash or as it often called darkcoin was developed in 2014 by Evan Duffield. It's basically a more private version of popular bitcoin.
Ethereum is a whole platform run on its own unique token called ether. The pre-sales for ethers were launched in 2014 and the platform itself started working in 2015.
Bitcoin advocates say that the number of things you can buy with cryptocurrency grows faster and faster.
Government regulations of cryptocurrency are very important. The more countries accept it, the more comfortable cryptocurrency investors feel!
Some specialists say that bitcoins can lay a great basis for countries with weak national currency, especially considering the fact that nobody has direct control over their price.