Discover and read the best of Twitter Threads about #hyperbitcoinization

Most recents (2)

⚡1/44 THEY SAID IT WOULD FAIL ⚡

#Bitcoin's software has been running for 10 years…

That’s:
⚡87.6K hrs
⚡3.6K days
⚡370m TXs

To mark history, we’re launching our first interactive feature: #BitcoinAt10. The story of bitcoin, told by its builders: ow.ly/9d3a30nfAuG
2/44 #BITCOIN’S 7 MOST ICONIC MEMES

Magic Internet Money Wizard? Rollercoaster guy?

Take the red pill to explore CoinDesk’s list of the decade's best bitcoin #memes. (Or don't. Honey badger don't care...)

READ: ow.ly/Rs8e30nfu2g #BitcoinAt10
3/44 THE BEST #BITCOIN SLANG

Don’t let the bearwhale get you. HODL to ride out the Flippening...

Can't make sense of the sentence? We list the 12 best #crypto words of the decade. Think of it as yourr #hyperbitcoinization guide.

READ: ow.ly/uXHr30nfukc #BitcoinAt10
Read 44 tweets
On July 18, 2010 ArtForz started mining bitcoin with GPU, reducing drastically the reward for the rest of the miners. The result was pretty interesting: instead of putting them out of business, the price jumped 10x to fully compensate the new difficulty. ofnumbers.com/2014/04/20/how…
The subjective theory of value states that the value of a good is determined by the importance an acting individual places on it. ArtForz was not selling, so he restricted the offer forcing buyers to reconsider the subjective value of bitcoin and buy at CPU miners price.
Pricing collectibles such as #gold or #bitcoin is very different from pricing other objects. When #offer is depleted #price can quickly jump orders of magnitude. #monetization #hyperbitcoinization
Read 4 tweets

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