by 0xBunzy November 29, 2022
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Bitcoin (abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.: ch. 1 The word bitcoin was defined in a white paper published on 31 October 2008. It is a compound of the words bit and coin. No uniform convention for bitcoin capitalization exists; some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher Education, and the Oxford English Dictionary advocate the use of lowercase bitcoin in all cases.
Fuck you i just wrote an entire essay on bitcoin
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Bitcoin (abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.: ch. 1 The word bitcoin was defined in a white paper published on 31 October 2008. It is a compound of the words bit and coin. No uniform convention for bitcoin capitalization exists; some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher Education, and the Oxford English Dictionary advocate the use of lowercase bitcoin in all cases.
Fuck you i just wrote an entire essay on bitcoin
Bitcoin
by Cryxal_Rxses October 20, 2022
A 27 trillion Yen fund created by the Satoshi Nakamoto Group in October 2013. The Bitcoin Support Project was established in order to bring Bitcoin's value back up every time it has a major crash or investors lose interest in the market. The project ensures Bitcoin and other cryptocurrencies dethrone central banks and give power back to the people. Analysts estimate the fund grows by a whopping 170% annually due to the "pump and dump" effect it has on the market. This improves the market influence potential for the next pump. Each time the fund has been used, the sudden surge in market value usually results in massive media coverage, attracting new investors and improving liquidity. An agreement was established for the fund to be discontinued once central banks cease operation due to fiat currencies becoming redundant.
Jerry: "Look, the Bitcoin Bubble's Burst."
Anna: "Nah, now's the perfect time to invest! The Bitcoin Support Project will bring it back, probably tenfold!"
Anna: "Nah, now's the perfect time to invest! The Bitcoin Support Project will bring it back, probably tenfold!"
by Satoshi Nakamoto Group February 13, 2018
by Parallaxative March 10, 2020
When crypto scammers promise gullible folks that for a nominal fee they would help them trade the bitcoin they send to them, by generating at least three times the amount within 24 or 48 hours.
Countless sites boldly advertise their “Pi Your Bitcoin” trading strategy, by putting the word “legit” to make people believe it’s not a scam.
by Fasters March 27, 2022
When you host or attend a party where people will dare you to do insane things to earn bitcoin in exchange for heinous acts
by fatcatboots July 13, 2024
A phenomenon observed in individuals who have been involved with Bitcoin for an extended period, typically spanning a decade or more, characterized by a growing sense of disillusionment and resentment towards the evolution of Bitcoin and its community. These individuals, often early investors who have amassed significant wealth from Bitcoin's appreciation, express discontent with the perceived divergence of the cryptocurrency and its culture from its original ethos and intended purpose.
This disenchantment is further fueled by conflicts with contemporary Bitcoin proponents, leading to feelings of alienation and betrayal. As a result, individuals experiencing Bitcoin Derangement Syndrome may engage in behaviors contrary to their initial beliefs, such as advocating for or investing in alternative cryptocurrencies ("shitcoins"), potentially engaging in deceptive practices, or withdrawing from the Bitcoin community entirely in a form of protest or disillusionment. The syndrome reflects the deep-seated conflicts within the cryptocurrency community regarding its direction, values, and identity.
This disenchantment is further fueled by conflicts with contemporary Bitcoin proponents, leading to feelings of alienation and betrayal. As a result, individuals experiencing Bitcoin Derangement Syndrome may engage in behaviors contrary to their initial beliefs, such as advocating for or investing in alternative cryptocurrencies ("shitcoins"), potentially engaging in deceptive practices, or withdrawing from the Bitcoin community entirely in a form of protest or disillusionment. The syndrome reflects the deep-seated conflicts within the cryptocurrency community regarding its direction, values, and identity.
He used to be such a good Bitcoiner, now suffering from Bitcoin Derangement Syndrome (BDS) he's peddling shitcoins to enrich himself.
by A person111222333 November 17, 2023