Market

13th anniversary bitcoin whitepaper

Bitcoin price stayed above the $ 60,000 mark yesterday. By the end of October, the Bitcoin price agreed with the forecast of Plan B, let’s see if the predictions of Plan B in the following months are still correct.

Altcoins do not have great volatility, large altcoins have a slight correction. The on-chain data has also not changed significantly since the last update. The difference between BTC deposit and withdrawal is not much. And ETH continued to withdraw more from the exchange than it deposited in, despite the price hitting a new high.

BTC has been around for 13 years and the anniversary of the birth of the BTC whitepaper started a historic revolution. So far, BTC has gotten stronger and more mature.

On the anniversary of the White Paper (White paper) was born of BTC, let’s take a look at the history of BTC.

Created by an anonymous person Satoshi Nakamoto who has great appreciation for the birth of BTC. But from now on everyone can be “Satoshi Nakamoto” through their decentralized function. Anyone can help develop in many different ways, simply by joining, using, hosting, or technical development programmer, …

To create BTC, Satoshi Nakamoto relied on the foundations of the previous generation to leave technology. The ideas that were born from birth have been revived since 1974.

So the anonymity of Satoshi Nakamoto may be the way he would like everyone else to contribute to the development of BTC regardless of space, time, country, …

BTC started out very small, just pennies, and has grown to more than $ 60,000 in just 13 years. But during that time, BTC has encountered a lot of criticism, resistance, and famous people who said that Bitcoin is going to die (red dots – picture below).

Or the times when Bitcoin had a “civil war” in the developer community. This event led to a chain split from Bitcoin into the current Bitcoin and Bitcoin Cash.

Starting from the ground up in the whitepaper, Bitcoin is becoming a peer-to-peer cryptocurrency for exchange. To date, BTC has gone beyond that and become a store of value. Just like the Internet was born with the original purpose for military use, or Facebook wanted to create an environment to connect students from the same school, but today any industry and anyone can use it. So the evolution of Bitcoin is constantly changing and developing dynamically to become more relevant is understandable.

Bitcoin still offers big differences, unlimited changes. Those who believe in, invest and support in BTC will continue to contribute to the development of BTC in the future. BTC is still a very small market compared to other markets like gold, stocks, forex, … and bitcoin’s development still has great potential.

► synthetic

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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