The history if bitcoin from origin to till now

andreydel (61)in #bitcoin • 5 years ago (edited)

Bitcoin is a cryptocurrency or digital coin which is created as a process of exchange. In the course of btc history it gradually increases it's value and becomes one of the best currencies all over the world. Though it began in 2008 it was compared with $ after two years later.

Now the basic question when did bitcoin launch?

On August 18, 2008 bitcoin was registered as bitcoin.org. After that it was named bitcoin. Since beginning it gradually improved on the currency market.

What is the value of bitcoin from the beginning to present?

Now i listed the price of bitcoin from 2010 to 2019. I try to give the average price of bitcoin compared with usd.

In 2010 the value of btc was 0.003 in March but in April it became 0.01, in July it hit 0.8.

In February 2011 the price of btc was 1 usd. In June it became 30 usd up but after few months it fall down again to 2 usd.

At the end of 2012 the price of bitcoin was $13.

In 2013 bitcoin price was hit $250 that was unbelievable. At the end of the year it became $1000.

In 2014 the average price of bitcoin was $450 to $550.

In 2015 the average value of that coin was $350 to $450.

In 2016 the price of bitcoin was around $600

At the end of 2017 the value of bitcoin was $19000. That was the high value ever the history of bitcoin.

I think the present condition of bitcoin everyone knows who are connected on currencies market.

Source: https://en.wikipedia.org/wiki/History_of_bitcoin

#information

5 years ago in #bitcoin by andreydel (61)

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resteemsupport (-9)(1) 5 years ago

Hello andreydel!

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tts (-8)(1) 5 years ago

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nonameslefttouse (74) 5 years ago

This post appears to be nearly identical to some of this:
https://en.wikipedia.org/wiki/History_of_bitcoin

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities.[1] The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin. Over the course of bitcoin's history, it has undergone rapid growth to become a significant currency both on and offline – from the mid 2010s, some businesses began accepting bitcoin in addition to traditional currencies.

That's the first paragraph from wikipedia. Now compare the first paragraph of this post:

Bitcoin is a cryptocurrency or digital asset which is created to medium of exchange. In the course of btc history it gradually increases it's value and becomes one of the best currencies all over the world. From the beginning of 2011 some businesses began to accepted bitcoin as a authentic currency.

I have no choice but to downvote this post, unfortunately.

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wikitextbot (46) 5 years ago

History of bitcoin
Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin. Over the course of bitcoin's history, it has undergone rapid growth to become a significant currency both on and offline – from the mid 2010s, some businesses began accepting bitcoin in addition to traditional currencies.

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