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Over the last decade, Bitcoin has gone through a lot of changes. Bitcoin first came on the scene in 2008, when Satoshi Nakamoto released the Bitcoin whitepaper, outlining the features of the digital asset. Since then, Bitcoin has launched an entire industry - the digital asset industry - which has an overall market cap of $190,109,228,120 at the time of writing. The biggest surprise of the last ten years isn’t Uber or Airbnb - it’s the OG cryptoasset. So, here’s how Bitcoin became the decade’s biggest unicorn.

https://twitter.com/balajis/status/1202057047962988545?s=12

A brief history of Bitcoin prices
The first real-world Bitcoin transaction took place on 22 May 2010, when Laszlo Hanyecz bought two pizzas in Jacksonville, Florida for a whopping 10,000 BTC. Today, those Bitcoins would be worth $71,745,800 - which is pretty steep for two pizzas if we’re being honest.

Still, it wasn’t until around 2013 that the digital currency really started to take off. Bitcoin started the year trading at around $13.50 per Bitcoin, and the price rallied briefly to $220, before dropping back down to $130 by mid-April.

In December 2013, the price rallied to $1,230 which was the highest price it had achieved at the time. Admittedly, the price then fell by 39% over a couple of days.

In December 2017, Bitcoin reached its peak (as of now), hitting a whopping $20,089. It quickly leveled out, but the precedent had already been set - Bitcoin would top the peak price in the near future, come hell or high water.

Now, we’re heading for the next Bitcoin halving in May 2020, which has historically heralded a bull run for the coin. With many analysts reporting that Bitcoin may very well reach a $1 trillion market cap in the next few years, Bitcoin certainly has some room to grow.

Uber and Airbnb
When we look at Uber and Airbnb, arguably two of the biggest startups in the world, the level of growth we see with Bitcoin is even more staggering. While we’re taking a look at how Bitcoin became the decade’s biggest unicorn, it probably makes sense to examine the growth of others.

In the space of only 7 years, Bitcoin went from being worth $0.0008 per coin to $20,089 per coin. That’s practically unheard of. Comparatively, Uber only went public this year, and it’s shares are sitting at around $31. Airbnb has yet to launch their own IPO, although they have stated their plans to go public in 2020.

https://www.youtube.com/watch?v=bzteWp4sAFY

Uber was founded in 2009, the same year as Bitcoin, and has a market cap of $52,32 billion (at the time of writing). Airbnb was founded in 2008, and in 2018 had a market cap of $38 billion.

https://www.youtube.com/watch?v=1Tc9YScMtN8

Contrastingly, Bitcoin has a market cap of $130,676,647,522, which accounts for 68.2% of the total market cap for the cryptoasset industry.

So, what makes Bitcoin unique? For one, Bitcoin is a totally different asset class to Airbnb and Uber - we can’t get around that. Bitcoin was technically invented as a means of exchange, and that hasn’t really happened yet. Yes, you can pay with Bitcoin at many different vendors all around the world, but Bitcoin payments haven’t yet gone as mainstream as intended. Regulatory bodies are still uncertain about what to do with the digital asset, and governments remain largely wary.

And yet, Bitcoin has amassed a following and a level of devotion that has enabled it to climb higher and higher, and grow stronger and stronger. So, how did Bitcoin become the decade’s biggest unicorn? We’ve all seen the potential it has, the industry it’s founded, and the utility that it brings to the table. Bitcoin has the potential to completely revolutionize the global financial industry, and the fact that it has turned into an incredibly profitable, if volatile, asset isn’t a miracle - it makes total sense.

If you want to trade Uber stocks or Bitcoin, check out eToro, the world’s leading social trading platform.

The 2020s belong to Bitcoin
So, here’s how Bitcoin became the decade’s biggest unicorn - pushing Uber, Airbnb and other start-ups out of the way. With a market cap of $130 billion (at the time of writing) Bitcoin dwarfs companies in other asset classes in a huge way. It’s no secret that Bitcoin is volatile, but in many ways that has worked in its favor. The 2020s belong to Bitcoin, so let’s see what happens next.


https://www.cryptopolitan.com/how-bitcoin-became-the-decades-biggest-unicorn/
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Latest Bitcoin News / Nick Szabo on successful Bitcoin HODLERS
« Last post by administrator on Today at 11:21:13 AM »
Words straight from the man who is highly regarded as the "might be" Satoshi Nakamoto.

Don't listen to the FUD, and let the numbers/facts guide you. From that, you know what to do, Buy the dip and?

https://twitter.com/nickszabo4/status/1219805247536693248

Quote


Successful Bitcoin holders have low time preference & judge over extended periods, e.g. risk-adjusted return over 4-year holding periods. If an economist has not researched this strong market signal for explanations of supply & demand, they don't have a useful opinion about it.





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Latest Bitcoin News / What is the value sold in ICO?
« Last post by administrator on Today at 09:54:18 AM »
Does anyone know why the amount raised of a coin is different to the value sold in a coin??? 
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Latest Bitcoin News / Do cryptocurrencies diversify each other?
« Last post by administrator on Today at 07:20:38 AM »
As many people know, cryptocurrencies are extremely correlated with each other. When Bitcoin goes up everything goes up and the other way around.

Does it make sense to buy a portfolio or should we just hold Bitcoin?

I've just posted an article on Medium analyzing diversification benefits! What do you think?

https://medium.com/velvet-capital/cryptocurrencies-not-only-diversify-other-assets-they-diversify-each-other-4266eee074ec?source=friends_link&sk=0ff4a0fa7a83eca9966fad28a2da303f
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Is Bitcoin really a such innovative thing that can change people's lives significantly in the future?

I think we still live fine without having Bitcoin being actively used in our real lives.

Oh well... In terms of transparency, i can take on Bitcoin's technology.

But which one is it that raised its value so much though?

Technology or People's attention?
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Well i am in the same boat.

Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?

or fully recovered and seeing profit? or Sold away at that moment or later?


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Latest Bitcoin News / Why Should You Use BITCOIN?
« Last post by administrator on Today at 06:02:47 AM »
Like normal currencies such as EUR, USD, and INR, cryptocurrency is a medium of exchange brought into existence mainly for the purpose of exchanging digital information. A virtual currency uses cryptography for security thereby making it the most difficult to counterfeit. What’s more, as the cryptocurrencies aren’t controlled by a central authority, no one can take it away from you.


User Anonymity
No Third-Party Interruptions
Purchases Aren’t Taxed
Very Low Transaction Fees
Available To Everyone
Higher Investment Return
Fraud-Proof
Instant Settlement


Visit our Cryptocurrency Exchange platform: NIOC Exchange
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Accidentally sent btc to bsv address please help me
Please help me to recover my btc please
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Latest Bitcoin News / Bit-Buddy
« Last post by administrator on January 21, 2020, 11:51:55 PM »
Hi guys.

What do you think of my App.

bit-buddy.pagexl.com

Do you guys think its a good idea??....its quite novel nobody has such an app out like this.

Thanks

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