When was Bitcoin born? (When did Bitcoin exist?)

When was Bitcoin born? According to bitcoinist news, when was Bitcoin born? From 2013 to 2016, it was the most active period in the cryptocurrency market, and now people are becoming more and more excited about this topic. So why is that? Because it is a new thing, and there is nothing that can replace it.

In early 2017, a person named “Bitcoin” published a blog post. This article explained why some people would consider Bitcoin as an investment asset rather than a payment method. At that time, many people thought it was a very speculative investment product or speculative tool, but it was not. “When you buy a coin and hold it, you start using Bitcoin.” This is what most people call “speculation behavior.” As Bitcoin gradually gained recognition and acceptance over time, and its price continued to rise, this situation did not change. Until today, we can still see that the price of Bitcoin is still rising. So if you want to create the next generation of Bitcoin, you need to consider the following factors: First, it has real value and practicality; second, it can bring economic benefits to individuals or companies, such as resource conservation and environmental protection; third, Bitcoin can meet various needs. These issues will all affect the scope of Bitcoin’s use, especially for ordinary investors who want to enter the market quickly.

When did Bitcoin exist?

Editor’s note: This article is from Bitell News (ID: bitcoin8btc), written by Wang Jiajian, and authorized to be published by Planet Daily.According to media reports, “Bitcoin” first appeared on January 2, 2009, when it was a private company of the US government because it wanted to include a person without a bank account in the system to obtain rewards and benefits. At that time, several hundred people bought this coin. It took them about ten years to understand that this technology could be used for daily payments. Now these people live in a very monotonous world, so when you study its future, you know that it is a currency that can achieve this kind of liquidity. Many ordinary users may not know what Bitcoin is, or even who invented it.In fact, since April 2010, many people have been considering Bitcoin when using the Internet-why don’t you buy it? If you ask me how much Bitcoin’s price is…then the problem arises:Have we all heard of it? Why are there so many people paying attention to Bitcoin? The reason is that they have realized the huge potential of this industry and the work costs they need to pay for their efforts. If they really want to invest in the cryptocurrency industry, it is definitely not a good thing, but in fact it is not the case…Many people believe that the reason people are enthusiastic about Bitcoin is that they believe it is the future digital gold rather than a safe-haven asset in the real world. But for those who really own Bitcoin, Bitcoin is “money”.In fact, on a certain day in 2013, the birth of Bitcoin did not attract much attention because it was indeed a brand new, highly predictable network infrastructure. However, due to its design differences and limitations in the design of its operation mechanism, it is difficult for Bitcoin to become a mainstream application. “Blockchain + finance” may also be an important factor in Bitcoin’s development. “Chain reform”, “consensus protocol” (Proof-Of-Stake), and “zero knowledge proof(zkSNARKs)” are all based on this concept. Therefore, any new distributed ledger can support the blockchain. With more and more individuals participating in blockchain project construction, Bitcoin will continue to expand. Although it is currently difficult to know the specific development of Bitcoin, Bitcoin as an emerging technology still has certain value. In late 2017, the first batch of Ethereum virtual machines appeared and entered the market, gradually forming its own ecological system. In early 2017, which was the end of 2018, the total market value of the entire cryptocurrency market reached 1.5 billion US dollars, while the market value was less than 600 million RMB during the same period.