How Far The US Dollar Has Fallen Compared to Bitcoin
This interesting graph shows how far the US Dollar has fallen compared to Bitcoin since the beginning. Bitcoin was started on 3rd January 2009. As for the beginning of 2017 it looks like this: The value of bitcoin will be higher year by year. It is still a chance to buy quite CHEAP bitcoins in […]
Bitcoin is backed by energy
Many people ask “what backs bitcoin?” and it confused me. Some people still think our fiat currency is still backed by gold or silver. Rather it is backed by trust in government. In any case, the main argument here is that although there are a limited number of bitcoins, there can be an infinite number of identical […]
Old disk found with plenty of bitcoins!
This was a lucky day for a reddit user ukpfchuckafar. He found his old harddisk with a bitcoin wallet.dat file. When he started to synchronize the blockchain he found out that now he has plenty of bitcoins! He was mining bitcoin on his home computer in 2009 when it was possible to mine BTC using just […]
One bitcoin is worth over $700 – how do I get bitcoins?
The bitcoin became financially unattainable for many people. How are they supposed to even get on board with bitcoin when they can’t even afford 1 bitcoin? Are there any other online currencies worth investing in before they inflate? They would mine for bitcoin, but they don’t have a fast enough internet speed, and a strong enough computer. Best […]