DID YOU KNOW: Hacking #Bitcoin with a 51% attack would require spending around $5.5M per day on electricity (if the cost of electricity is $0.05 per kWh). This is just the energy cost, the necessary equipment would cost billions. #WednesdayWisdom 💡
1/ 10 years ago today, Satoshi Nakamoto released version 0.1 of the #Bitcoin software. About two days later, the brilliant cryptographer Hal Finney (RIP), had downloaded Satoshi's code and was also running it, increasing the node count of the Bitcoin network to 2.
With a heavy heart, today we laid off 37 people. We've published a blog on this, also discussing some of our missteps and lessons as a company. "Overcoming ShapeShift’s Crypto Winter and the Path Ahead" by @ShapeShift_io https://t.co/1eNT54eyPp #bitcoin
In a free market, u can believe & invest in whatever u like. I'm here to educate that investing in ANY #Altcoin is dumb financial decision. Just #Bitcoin!
#Shitcoiner(s) stupidly compare $BTC to some company that got out-competed.
Even if your #Alt innovates, at best it's $TIVO
$BTC - tight range as the bulls hold onto a higher base of support above $3750 area...cloud support continues to hold on the 4hr and 6hr with future higher support taking shape in the coming days. #bitcoin daily currently long legged indecision candle with several hours to go...
$BTC #Bitcoin Daily Chart - You hear a lot of talk about a potential Inverted head and shoulders (I-HnS). It is interesting therefore to compare the volume on this attempt to the last one
Don't look at ATH's, look at yearly lows. That will tell you the growth in hodlers.
2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200
That tells you the growth in the people who won't sell at any price.
#btc#Crypto#Bitcoin
This artwork sold for 1 milli satoshi ( $0.000000037 ) via a #bitcoin lightning payment and set a record of being the cheapest piece of art ever sold. Congrats to the artist @cryptograffiti! 🎨🖌️👨🎨⚡ #LightningNetwork
JP Morgan’s analysts reveal that participation by financial institutions in #Bitcoin trading appears to be fading. Nice try, #JPM, but we call your bluff.
looking forward to @bakkt one day physical delivered #Bitcoin future, traded on ICE’s electronic trading platform, and physically delivered to Bakkt Warehouse for custody.