10th YEAR BITCOIN ANNIVERSARY with READY SET CRYPTO
 | Did you know that today marks the date of the birth of the Bitcoin network? It was apparently 10 years ago on the 3rd of January 2009 that the world witnessed the first Bitcoin ever. |
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INTRODUCTION
 | Several weeks after that iconic date, the white paper was publicly published by Satoshi Nakamoto. Did you guys ever know about those dates? I myself just found out and it made me stop for a moment and think about the past of this technology. |
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So, today instead of looking into the future and trying to figure out how the crypto market and blockchain technology will progress in 2019, let's all stop for a moment and reflect on it's past.
BITCOIN = MONETARY INDEPENDENCE ?
Bitcoinmagazine.com wrote about this event:
Ten years later, we celebrate the birth of the Bitcoin network much like we might a nation. If the white paper is a declaration of monetary independence, then the genesis block is our independence day and the founding of a new system.
Personally, I'm not sure what to think when I read - "our monetary independance" and my guess is, that not many of us feels independent at all. Those 10 years was a very bumpy road, with many ups and downs. With markets going crazy in both ways. A long road that brought huge hopes, dreams and sometimes dissapointments. So, bumpy like hell for sure.
And with a decade worth of hard work done by these creators, I still have to admit that I sometimes feel clueless amongst it all. Even today, such a mystery surrounds the very first bitcoin, it's whitepaper and those who started it all. Example; can anyone even say for sure if this "Satoshi Nakamoto" person even truly exists? Because according to several sources, it's just a name used by a person or several people (a team perhaps) to develop Bitcoin.
FIRTST IMPRESSION
 | To tell you the truth, I cannot consider myself a veteran in this space. My interests towards crypto developed quite slowly sometime in the middle of 2017, when mass media brought more attention to bitcoin and every channel talked about it. |
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What was my first impression? Naturally as many others, I believed that it was a scam, ponzi scheme, financial pyramid etc.
I wonder how many of you had a similar first impression? How many started the way I did - with huge level of distrust towards this phenomenon. However, I'm glad to say that it slowly turned into fascination towards blockchain technology and crypto-space.
HOW LONG HAVE YOU BEEN INVOLVED?
I would really love to know if there is anyone reading my post, who would be involved in crypto before 2017? Perhaps you could share your story with us and tell us more about those days? What was the public awareness at that time, how easy or difficult was it to purchase your first piece of Bitcoin?
Did anyone experienced previous crashes? Perhaps someone here has been involved in crypto during the early 2017 crash (or earlier ones) and could you also tell us what caused it at that time? How people reacted? Looking at graphs and seeing how fast the market bounced back, made me believe that euphoria had been really high and bitcoin never reached a stage of "capitulation". A stage which we seem to be experiencing right now in the late 2018.
BIRTH OF FIRST ALTCOINS
 | When I joined this market (unfortunatelly like many others, at the end of 2017) there has been already hundreds of altcoins and many more were about to come. People like me got used to seeing tons of different projects, not just Bitcoin. For us it is not unusual at all to witness the birth of new altcoin so very often. |
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I wonder what were people's first impressions were when the first alt has been introduced? And was it Ethereum? Was the general public excited about first alts or suspisious towards their future? Those are the sort of questions that I've been thinking about for quite some time now. And today is great time to ask. After all how often can we celebrate 10th anniversary of Bitcoin?
READY? SET. CRYPTO!
We all have our favourite influencers / youtube channels and today I would love to encourage you to try out "READY SET CRYPTO". I strongly believe that this is one of the most mature channels to discuss about blockchain technology that I've ever watched.
So drop a comment below, share your experience and once you finish reading then check out link below:
Enjoy watching and subscribe to this channel. It's really worth it.
Have a great upcoming weekend everyone!
Yours
Piotr
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Hey @crypto.piotr, hope you had a good holiday break :)
I think the point on "monetary independence" is more on the decoupling of the monetary system from governments. Government needs their source of power to remain in control. In the old days, a few centuries back, the government dictates and control religion. In 17th/18th century, there was a movement of separating church from state. Thereby bringing free religion. However, that meant government lost a source of power. Because religion was huge back then and controlling religions meant control over people.
Hence, a new source of power is required. Coincidentally, paper currency became popular across Europe and America in the early 1800s. Back then those currencies were still backed by gold. But later on, fiat currencies that are only backed by the government became the standard. Circling back to Bitcoin, if the 17th/18th century we had a speration of church from state, then in this era, Bitcoin is leading a separation of money from state.
As for altcoin, I read somewhere that the earliest altcoin is Namecoin. Didn't do a fact check though. Haha.. but you can view coinmarketcap earlier snapshots. Based on a snapshot in 2013, those are probably the earlier altcoins. Ethereum came later in 2014.
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This was really insightful. thank you.
Dear @culgin
Your comment is absolutely marvelous. Love it! :)
Would you mind sharing with me what brought you to bitcoin in the first place and what was your focus on? Did you care more about technical developments or treated crypto as investment?
Yours
Piotr
Thanks! The Bitcoin whitepaper brought me in. Although Bitcoin isn't the first crypto I bought. Ethereum was the first crypto which I invested in.
I care about tech developments because they are the fundamentals of any project. Only with strong fundamentals will adoption grow. And only with adoption, we can see sustainable price appreciation
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Hey Piotr ... first, i want to wish you and your wife a happy new year.
About your question, i have been interested in bitcoin since 2013. Unfortunately we did not had the $$$ to get involved and buy some. And a little later we decided, instead of buying bitcoin to get into mining, those days we almost got burned by the hashfast debacle, and we stepped away. Focussing on my other endeavors.
Beside the inscan outs of the hashfast forum, I have never been diggin really deep into the bitcoin community in those days, so i can not really tell you story’s about it. Or i would be lying.
I hope you have a great year.
hi @elektropunkz
Wow. So many years in crypto already?
What did attract you to crypto in the first place? I bet you heard about bitcoin before you could even learn basics about blockchain? I wonder how this market looked like so many years ago.
THANK you for sharing! Appreciate
Same to you my dear friend.
Yours
Piotr
So many years of being interested indeed, but i wish i had the ability then to be so many years invested.
happy holidays and new year I hope you have had a great time and family. I would have liked to have known about steemit much earlier, but surely I had not known how to handle it, I am still learning. The same will continue to write my stories and stories, Grateful with the support @crypto.piotr
I never knew about Bitcoin's birthday but I got notified from a post by runicar.
Personally, I got to know about Cryptos at the end of 2016 and did a lot of research and had a lot of discussions before investing in Bitcoin in May 2017.
It was a nice read all along,
Happy New year!
Thanks for your kind comment @ajongcrypto :)
Would you mind sharing with me what brought you to bitcoin in the first place and what was your focus on? Did you care more about technical developments or treated crypto as investment?
Yours
Piotr
Actually, a friend told me about Bitcoin and that I should invest in it because it had been increasing in price (it was at a rise overall).
During that time, I watched it moved from about $1600 to over $2k in March of 2017. This was when I felt I was missing out. I decided to research about bitcoin and be connected to most people involved with it. I go to learn the bitcoin theory and later invested in it.
So, it was just a method of investment for me.
Thanks for sharing your story @ajongcrypto :)
Dear my friend Piotr, first of all happy new year!
As i am writing in my latest posts, my knowelage about Bitcoin was engaged after big talking happen last year when the boom it happens.
Frankly speaking i saw Bitcoin symbol first time in my life in 2010 in a russian atm for recharging phone, but of course i did not pay attention on it, for me it was something like an electronic wallet for russian people.
Anyway Bitcoin is the gold of crypto, it have 10 years and it is still dominating market cap over 50%.
So i am always trying to get some of them, but my experience in private mining and cloud mining it is a fail, but i am still trying to find something better, having a bitcoin is my dream coming true...;)
Thanks for your kind comment @intellihandling
I hope 2019 will be good for both of us and I cannot wait to get to know you in person :)
OH WOW!
Yours
Piotr
For all triumph always in strictly necessary the constancy and dedication in what you do so that everything goes well.
I think if I had known about the btc about five years ago. I do believe that I would already have good economic freedom.
the same with steemit I regret not knowing this platform since its inception I feel that it was already a dolphin or a whale. LOL
so despite their casualties I still have a lot of hope that this will continue to grow, at least I'm already on this train and I will not get off so easily.
I have teacher friends who got to have 10 BTC and just when they went on the market but then there was a loss and they sold them all, today they complain a lot about that bad decision
hi @lanzjoseg
Wow. So many years in crypto already?
What did attract you to crypto in the first place? I bet you heard about bitcoin before you could even learn basics about blockchain? I wonder how this market looked like so many years ago.
THANK you for your comment! Appreciate
Yours
Piotr
Nice post @crypto.piotr.
I First heard about bitcoin in 2015 but never engaged. Just like you i thought is a scam.
Pretty sure the future will be good.
hi @oclinton,
Do you sometimes regret not getting involved in 2015?
Yes i do because it was so cheap then and would have become a millionaire now
Hey @crypto.piotr, it has been a while since I have been on Steemit... I hope that you have enjoyed your Christmas and New Years celebrations :)
This is quite an interesting article that you have posted... I did not know of these significant dates until you mentioned them, but I have assumed as much with regards to how long the crypto industry has been going on for since the rise of Bitcoin and all other Altcoins. It was a good read that was informative and interesting.
You had asked some questions... So here are some of my answers :D
I did not have the same impression, but it was for many different reasons. At the time, I was truly worried about becoming independent and not asking my parents or older sisters for anything (money, gifts, etc...), so I stumbled upon a website that was promoting Ethereum. At that time I had no clue what cryptocurrencies were and I had to do some research because the site had peaked my interest in trying to invest in Ethereum.
This was at the end of 2017, and I had just finished a year in University and after joining some bad company I really wanted to make something of myself. So with the little money that I began saving up each month I had decided that I would invest in Ethereum. This turned out to be a good idea and I had made small profits that was used as spending money.(Which was great since I didn't have to put pressure on my parents for Uni expenses...)
I also began investing in EOS in February/March of 2018... Which didn't turn out so well since then because the price plummeted to $5/EOS just after the final release...
I had invested in Bitcoin a few times and made small profits, but I always pulled out since I was happy with the small amounts that I made... I am happy with these decisions because just looks at the markets now :)
I think Steemit was the best thing for me to come across... Since after looking into EOS and finding out the creator was also part of Steemit's development. This has opened a lot of opportunities for me since then and I am glad I took the leap of faith :D
So, back to the 10th anniversary... I am glad that Crypto's came into play and I am hoping for a prosperous 2019 for everyone :)
During my next few years of studying, I want to build a computer solely for mining... I have a few contacts that is making a fortune from this, hopefully he can help out :)
I hope to see many more posts from you @crypto.piotr, they are always interesting :D
I'll be happy to know what opportunities exist with mining cryptocurrencies and how to setup one for myself. maybe we can talk on discord?
Dear @shadown99
I appreciate your amazing comment.
I kind of noticed that you were gone. Your username i profile picture is easy to remember.
Hope you're alright?
We're clearly on the same page here :)
Love to hear that. Im not posting much. My goal is to post 3 times a month and spent rest of the time engaging with people. Someone have to do that if we want to create healthy community, right? :)
Good to have you back. And thanks for sharing your experience buddy
Piotr
Hey @crpto.piotr...
I know I went dark for a little while. The reason is because I have been so busy lately getting all my documents sorted out for Uni this year, registration is on the 19th. Had to get loans sorted out, check for bursaries... I was also helping out my sister with the program she is working on (troubleshooter :D)
I will have much more time in a couple of days to get back on track. I see you haven't slowed down with engagement with the community, which is great :)
I am only hoping that I find some sort of inspiration for content, since I am lacking in that department as of late... I feel like writing a post about the land expropriation that is currently happening in SA, but I would like to do a lot more research so I can fully cover the topic and maybe provide much needed information for all to see what is truly happening here. What do you think?
Also... I am finally going for driving lessons to get my drivers license soon :)
I am almost 20 and don't even have it yet :(
Hope you are doing well :D
ShadowN99
Appreciate your kind comment @shadown99
Thank you for sharing with me. Would you also mind telling me what is your gov approach towards crypto?
I think that majority of people do not care about detailed research. It's best just to give few general informations and turn your post into debate and let other people share their views and their knowledge. Plus try to make sure that your post doesnt take more than 5min to read. Otherwise you will be losing most of your traffic.
hehehe Im 41 and I failed 3 times :P and I still dont have one haha
Have a great upcoming weekend
Piotr
I started my crypto journey in October 2017 right here on Steemit. My anniversary date fell on HF20 day. Not much I could do to celebrate. I've enjoyed every day I've been here.
Glad to see that steemit brought in a lot of users to the crypto space. Happy steemiversary in arrears!
You are one of the winners here, @wonderwop - keep doing what you are doing :)
That is hillarious @wonderwop :)