menu search
brightness_auto
Ask or Answer anything Anonymously! No sign-up is needed!
more_vert
Provide me with some more information on Bitcoins Value History!
Plus Satoshi Nakamoto is revealed or not?
more_vert
The history of Bitcoin dates back to 2008 when it was first proposed by a mysterious figure known as Satoshi Nakamoto. The idea behind Bitcoin was to create a decentralized digital currency that would not be controlled by any government or financial institution. The first Bitcoin transactions took place in 2009, and the first Bitcoin exchange opened in 2010. Since then, Bitcoin has grown rapidly and is now accepted by many retailers, online merchants, and even some governments.

The value of Bitcoin has also seen tremendous growth throughout its history. In 2010, a single Bitcoin was worth only a few cents. By 2020, the price of Bitcoin had reached over $10,000. Today, the price of Bitcoin is extremely volatile, but it is still considered by many to be a valuable asset.

The creator of Bitcoin, Satoshi Nakamoto, remains a mystery. While the name is known, the individual or group behind it has never been revealed.

6 Answers

more_vert
The value of Bitcoins has varied throughout its history, with some allegations that Satoshi Nakamoto, the inventor, was never actuallycuased to purchase one himself.
thumb_up_off_alt 1 like thumb_down_off_alt 0 dislike
more_vert
The world speaks more and more of Bitcoin, digital currency, digital gold, Satoshi Nakamoto, but not everyone knows the story behind the criptomoeda that changed the world. Get a brief summary of the birth of Bitcoin and a little of what we know about Satoshi Nakamoto.
Certainly one of the greatest mysteries in the world of technology is the identity of Satoshi Nakamoto, the creator of Bitcoin - Satoshi Nakamoto - is a pseudonym, can represent a man, a woman or even a group of people.
Since the cryptomoeda was created in 2008, no one was able to find out who Nakamoto really is.
Some experts agree that discovering Nakamoto's identity could have a huge impact on bitcoin's economy and internal politics.
thumb_up_off_alt 0 like thumb_down_off_alt 0 dislike
more_vert
The identity of Nakamato has not been revealed. We don't know whether it is a name of a person or a team that developed blockchain technology. However, the smallest unit of bitcoins have been named after Satoshi Nakamato. The name nakamato will continue to remain one of the greatest mystery in the world.
more_vert
If I knew Bitcoin would be this valuable I would have held unto it, when it first emerged it was selling for 0.01 dollars to 1 bitcoin, but people didn't pay much attention to it, they said it was a scam, I bought upto 10 bitcoins but later sold it off. 
thumb_up_off_alt 0 like thumb_down_off_alt 0 dislike
more_vert
By adopting the alias Satoshi Nakamoto, an unidentified person or group of people created the cryptocurrency in 2008. In 2009, when its implementation was made available as open-source software, the currency was put into circulation. 
thumb_up_off_alt 0 like thumb_down_off_alt 0 dislike
more_vert
I don't know much about the origin of bitcoin and other crypto there are alot of controversies surrounding the history, even the founder has not be unveiled.
thumb_up_off_alt 0 like thumb_down_off_alt 0 dislike
more_vert
The history of Bitcoin can be traced back to 2008 when an anonymous programmer or group of programmers known as Satoshi Nakamoto released a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. The paper discussed a new form of digital currency that would use cryptography to create a decentralized, secure payment system.

The first Bitcoin transaction occurred in 2009 when Nakamoto sent 10 Bitcoins to computer scientist Hal Finney. Since then, the value of Bitcoin has grown exponentially, with one Bitcoin now worth around $10,000 US dollars.

To date, the identity of Satoshi Nakamoto remains a mystery. It is widely believed that Nakamoto is a pseudonym for a person or group of people, but their true identity has yet to be revealed.

Bitcoin's value has seen numerous peaks and troughs since its inception. In the early years, Bitcoin’s value was very volatile, with a single unit of the currency occasionally worth more than $1,000 US dollars. In 2013, the currency’s value began to stabilize, and as of 2021, it has remained relatively stable. This stability has led to increased interest from investors, allowing the value of Bitcoin to reach an all-time high of $64,000
thumb_up_off_alt 0 like thumb_down_off_alt 0 dislike
Whenever you have a question in your mind, just drop it on Answeree. Help our community grow.
...