by xeonmatic | May 7, 2023 | Bitcoin, Price Predictions, Trading
Bitcoin is the most popular cryptocurrency in the world, and its value has fluctuated wildly since its creation in 2009. One of the most dramatic fluctuations in Bitcoin’s value is the phenomenon known as “flash crashes.” These sudden drops in price...
by xeonmatic | May 6, 2023 | Bitcoin, Exchange, Trading
MTGOX was the first Bitcoin exchange, founded in 2010 by Jed McCaleb, which quickly became the most popular place for people to buy and sell Bitcoin. However, in 2014, MTGOX experienced a massive security breach which led to the loss of hundreds of thousands of...
by xeonmatic | May 5, 2023 | Bitcoin, First Introduction
Have you ever been curious about the true identity of the creator of Bitcoin? The name Satoshi Nakamoto, under which the first and most popular cryptocurrency was introduced to the world, is still shrouded in mystery. Since the release of the Bitcoin whitepaper in...
by xeonmatic | May 4, 2023 | Bitcoin, First Introduction
Hello and welcome to my first post on this blog fully dedicated to Bitcoin! As a digital currency that has taken the world by storm, Bitcoin is a hot topic of discussion among investors, tech enthusiasts, and financial experts alike. In this post, we will explore the...
by xeonmatic | May 29, 2013 | Bitcoin, Mining, Transactions
Around the 40 minute mark on the Security Panel at Bitcoin 2013 (video starts at 40 mins), Dan Kaminsky predicts that the current proof-of-work function isn’t going to be used by the end of the year — he assigns 0% probability it’s going to be used. A move away from...
