Despite currently trading around $8,000 and steadily increasing in popularity, cryptocurrencies are often still marred by fear and negative media coverage.
Bitcoin is transparent and digital, meaning when using it you don’t have to worry about counterfeit money. It’s the first successful use case of blockchain technology in digital payment. As Bitcoin’s introduction verges on its 10th year, it’s starting to gain further widespread adoption around the world. Here are 10 moments in its history that stand out as well as a bitcoin infographic with 67 insane facts.
Satoshi Nakamoto Launches Bitcoin with a Radical Agenda (January 2009)
You might assume that somebody who creates a new currency is probably in it for the money, and while Bitcoin’s mysterious founder Satoshi Nakamoto is estimated to own $4.7 billion worth of BTC, it’s the radical agenda behind the technology that has inspired many people to show their support.
“The Times 3 January 2009 Chancellor on brink of the second bailout for banks,” was the message Nakamoto left in the very first block that was mined that month – referencing an article about the financial crisis and the UK’s taxpayer-funded bank bailout.
Bitcoin is not controlled by any central government or authority, transactions are pseudonymous, and there are no inherent restrictions preventing any individual from using it as long as they are able to connect to the internet and use the web. Even in countries where BTC is outlawed, there isn’t always a realistic way to enforce the ban.
Without these radical elements, it could be argued that Bitcoin would not be as successful, as there wouldn’t be anything particularly unique about it.
Bitcoin Pizza Day (May 2010)
An example of BTC’s rise in value is “bitcoin pizza day,” the day which commemorates the very first consumer purchase using the currency.
On May 22, 2010, Laszlo Hanyecz bought pizza from 18-year old Jeremy Sturdivant, for 10,000 BTC, totaling approximately $25 at the time. Today this is worth over $50 million!
It wasn’t a direct transaction with the pizza place; rather Hanyecz sent the money to Sturdivant who agreed to place the orders.
Unfortunately, it is not known what Sturdivant did with his coins and if he’s now living the high life or kicking himself for spending them up before the boom in value. However, one person we do know who is kicking themselves is Hanyecz, who probably should have just made a sandwich and held on to his fortune.
Numerous independent and larger pizza chains now accept payment in BTC. Also, there are several online services that allow customers to pay a middleman in BTC, who will then order a desired service on your behalf in regular currency.
Europe Embraces Bitcoin (2011)
Although the US was its birthplace, Europe was quick to embrace Bitcoin. In 2011 French based exchange Bitcoin Central was the first exchange to be licensed under European regulation.
It subsequently assured customers’ balances up to 100,000 EUR and offered debit cards with access to BTC balances. In practice, this meant that Bitcoin (BTC) could be immediately exchanged into Euros at the point of sale or ATM.
In 2014, Belgium and Finland decided the cryptocurrency was exempt from VAT, meaning trades could be legally made without buyers being subject to tax.
In 2017, Swiss private bank Falcon became the first bank to sell bitcoin directly to its customers. The tradeoff is that anonymity is lost as transactions made by an account holder can be linked.
Time Magazine Article (April 2011)
It might not quite have the clout it used to, but Time Magazine featured Bitcoin in, giving it a rubber stamp of relevance among mainstream media.
This occurred in April 2011 with their piece entitled “Online Cash Bitcoin Could Challenge Governments, Banks.”
The article looked at the potential risks to users and barriers from governments, its use in the illegal dark web marketplaces, and its steep learning curve. Simultaneously it explored the benefits and then revolutionary concept behind the blockchain technology.
Since then, the magazine has done many more pieces (both positive and negative) on Bitcoin.
A Coupled Lived 90 Days on Just Bitcoins (Summer 2013)
Are bitcoins accessible to the average person? Do they work as a day-to-day means of exchange, or are they just for geeks, ideologues and investors?
Austin Craig and Beccy Bingham proved in the summer of 2013 that, yes, you can get by using only BTC. However, their 90 day experiment wasn’t easy – they could only use Skype to make calls, and purchases were dependent on whether they could convince retailers and service providers to accept the currency or use the kindness of friends and strangers to act as middle-men.
Of course, we’ve come a long way since then. Now even some gas stations are accepting BTC, and you can pay at many independent stores for groceries and other goods.
Cyprus University Accepts Bitcoins for Tuition (November 2013)
In an effort to ease transmission difficulties for certain students, the University of Nicosia in Cyprus began accepting BTC for student tuition in November 2013.
The private university’s CFO Dr. Christos Vlachos appears to be a proponent of the currency, stating: “Digital currency will create more efficient services and will serve as a mechanism for spreading financial services to under-banked regions of the world.”
In addition to being a practical move, he stated that it was a way for the institution to learn more about the technology firsthand.
A center of learning trying to learn something new? What a novel idea!
The Great Bitcoin Boom of 2013
2013 was a big year for bitcoin as it saw its value skyrocket from $125 in the September to over $1,100 by the end of November. This was heavily tied to the market’s expansion into populous China and a perfect storm of new media coverage and bullish investing.
Of course, rapid booms tend to preclude busts and the collapse of leading exchange Mt. Gox, a ban in China, numerous hackings, the closing of the illegal marketplace the Silk Road, and lots of negative coverage ensured this would be deep and painful (but not fatal).
Bitcoin’s value plummeted to $400 in April 2014 and hit lows of about $200 in January 2015.
Nonetheless, the community saw where Bitcoin could go and it would go higher still. Their optimism was confirmed with aplomb when BTC rose to almost $20,000 in value at the end of 2017.
Microsoft on Board (2014)
It’s one thing when an independent hipster coffee shop or an online tech store offer bitcoin as a payment method, but when a mega corporation like Microsoft gets behind something you know it has legs.
They began accepting BTC as a form of payment for digital items in December 2014, in partnership with BitPay – today’s leading Bitcoin payment service provider that launched in 2011 and was the first to offer a wallet on smartphones, making it much easier for the general public to get involved.
Microsoft also allows you to add money to your account with BTC via the ‘Redeem bitcoin’ feature.
Banks and Other Institutions Adopt the Technology (May 2015)
If you can’t beat them join them; this seems to be the perspective of governments, banks and other institutions that are now researching and investing in blockchain p2p technology themselves – a clear example of Bitcoin’s success.
In May 2015, NASDAQ adopted the blockchain to handle transactions. Then in September, Goldman Sachs, JPMorganChase, and Bank of America were among nine of the world’s biggest banks to join a pact to build the “fabric” of blockchain technology for the banking industry.
In March 2016, broker ICAP was the first to distribute data on trades to customers using blockchain, and in the May Santander became the first British bank to start using the tech for recording international payments.
In 2017, the US Government began investing in blockchain to protect healthcare companies from hackers, and by 2020 Dubai wants all government transactions to be blockchain-powered.
Despite all these entities owing their innovation to the founder of Bitcoin, the digital currency’s advocates are keen to point out that the technology was supposed to bypass the old guard, not empower it.
Mt. Gox Saga
The Mt. Gox saga is commonly considered a black mark on Bitcoin history. After all, in early 2014 there was a major scandal that saw the disappearance of approximately 850,000 bitcoins the exchange was holding in wallets and trades. By May 2016, creditors of Mt. Gox had claimed they lost $2.4 trillion because of the bankruptcy.
Yet, despite such a massive failure of the BTC market (at one time Mt. Gox was processing 80% of all currency trade related transactions), the cryptocurrency survived, rebounded and continues to thrive.
It was a much needed wake-up call for the community. Despite inherent encryption, entrusting third parties without security protocols to get it right was naïve. Now everybody knows better and the market is stronger because of it.
Bitcoin Explosion (2017)
2017 was the year of Bitcoin.
The cryptocurrency began the year valued just over $1,000 and finished it at nearly $20,000.
This massive increase in value saw it emerging from geeky-obscurity into the mainstream with force. This was the time to be a bitcoin trader. News channels, newspapers, sites that had never covered the topic before, all began blabbering about the new phenomenon, spewing controversial information and unchecked facts.
The surge of popularity led to many new investors joining, but also many got burned by the prodigal volatility of the cryptocurrency, which has more than halved in value since its zenith in late December 2017.
As of the end of Mar 2018 bitcoin boasts over 24 million users (or digital wallets), nearly 2,400 ATMs in many countries, the number of daily transactions are growing exponentially, and it’s trading around $8,000. Bitcoin: success or failure? Check out these amazing facts about Bitcoin:
Online casino sites are taking over the casino industry. And how wouldn’t they? iGaming (that’s another word for online gambling) is more accessible than ever and delivers thousands of games straight to your fingertips at a reasonable price. There are as many players who want to switch to online gaming, as there are online casinos.
Even so, more doesn’t always equal merrier. Anna Rosak, a digital marketing expert specializing in Legalne kasyna online w Polsce (or simply Legal Polish casinos, if you prefer it in English) says the mere number of online gaming sites can be quite overwhelming even for experienced casino gamers.
“They all have sleek platforms, generous bonuses, and great gaming galleries, so it is easy to get lost in the woods. The only way of coming out of it, is by reading expert reviews, written by people who know how to read the fine print and research all the online nooks and crannies”, says Rosak.
To help our readers find the right online casino for them, she created a list of criteria, used in high-quality reviews.
“You can play with $10 or with $1,000, but no matter how big of a deposit you make, always be sure to play with a licensed casino”, advises Anna. The logic behind her advice holds up pretty well: licensed casinos are obliged to implement higher levels of customer protection, more transparency, and higher levels of fairness.
“A regulated casino can lose its license at any point. They are closely audited by industry watchdogs, who don’t hesitate from making their findings public. On the other hand, an unregulated casino can disappear tomorrow, along with your money and private information”, explains Rosak and suggests always double-checking the license.
Another important element to any casino review is the list of games. According to Anna Rosak, any decent online casino should have at least 1,000 games, powered by reputable gaming suppliers, companies that create casino titles.
“You want more variety than you think you need, plus a constant stream of new titles. Professionals who write reviews make sure the casino has slot machines, roulette, blackjack, poker, and even scratch cards. Special attention is dedicated to live casino gaming, as it tends to be the most popular kind among hip young gamers”, Anna told.
If possible, she recommends playing games in demo mode.
Bonuses and promotions are marketing incentives created to attract new customers and keep them engaged. They come in all shapes and sizes, from no deposit bonuses, to elaborate welcome packages that span multiple deposits. Rosak reveals that reviewers take a look at the amounts one can get in the bonus, and make sure it corresponds to the required minimum deposit. However, there is also a catch:
“What is even more important than the bonus amount, are bonus rules. Reviewers always take a look at the wagering requirement, contributing games and all other aspects of playing the bonus to make sure it’s all fair.”
“Mobile gaming is a must, whether it be on a mobile app or via the mobile site. There is just no way for me to accentuate this enough – you’ll probably play more on your mobile phone than you think”, Anna is open. She reveals many players kick off their journey thinking they will play only on desktop, yet they quickly switch to mobile gaming once they see all the benefits of it.
“Accessibility, convenience, a great way to kill time, instant access to deposits and withdrawals, redeeming the latest bonuses… There is nothing a good casino mobile app can’t do, so make sure you get a good one”, advises the expert.
“Before you start gaming and winning, you have to make a deposit. And once you win, you’ll want to make a withdrawal. Do you see why payment methods listed at an online casino matter”, asks Anna and continues, “Demo gaming is fun, but real money bets bring bonuses and real payouts, so, to each their own.”
The expert says pro-reviewers like it when a casino has a nice variety of methods, includes both classic ones and more modern options, and enables fast and cost-efficient transactions.
In the end, every responsible review and gamer will test the casino’s customer support. “It’s all butterflies, unicorns and rainbows until things start going downhill. By that, I don’t mean in winning, but it is no secret even the most advanced websites may experience difficulties”, reveals Rosak, “You want to have friendly customer support at your disposal. One that is knowledgeable and is not trying to avoid answers to burning questions.”
In her opinion, support should be available 24/7 and via multiple channels: “God save us all from emails and phone calls! Live chat, WhatsApp, Telegram and other immediate means of communication are the way to go!”
If you went back around a decade, it would probably have been the case that most people still preferred to game on console and PC. But, as time has progressed, more people than ever are now gaming on mobile. Not only have smartphones come a long way in terms of their capabilities, but so have the games themselves, and there are some that critics are huge fans of.
Pokemon GO is one of the very few mobile games that has remained popular even though it’s been around since 2016, which is one of the reasons it’s a big hit with players. Another reason is that there is nothing better than an innovative game that breaks tradition, which is precisely what Pokemon GO does. It’s a game that utilises augmented reality, which allows players to explore real life as Pokemon trainers. So, effectively, players would explore their real-life surroundings and hunt for Pokemon who would randomly appear, thanks to AR.
Mega Moolah, a video slot, may seem a bit of a surprise inclusion, but hear us out. Playing online slot games on your mobile has long been the norm, largely because many iGaming developers are now mobile-focused. But Mega Moolah is exceptional, and you will get the impression that this is the case from the title. Microgaming, the developers of Mega Moolah, in creating this game, actually produced a slot that is renowned for turning some lucky winners into millionaires. Imagine just how fun it’d be to spin the reels of a slot, while also having an opportunity to win life-changing amounts of money. It’s why it’s a critic’s choice.
What critics are also massive fans of are games that are on-trend or ones that capitalise on trends. And, as everyone will know, battle royale titles have been all the rage for a number of years. Now, there are quite a few battle royale games that have made it onto mobile and done well. But it’s Fortnite that gets the nod from the critics, arguably because it was a worldwide phenomenon when it hit console, and that success transferred to mobile, as it gave players a chance to play the game, alongside friends, on the go. It’s a port that really hit the spot and is highly regarded as a result.
Some games are a thing of beauty and catch the eye for this reason, with Alto’s Odyssey one of those to tick that box with aplomb. But it isn’t a game that is all about the visuals. It plays well too, and is one of the greatest runners of all time. Perhaps the combination of great visuals and exciting gameplay has caught the eye of critics for all the right reasons. But, when you factor in that everything that happens is incentive and reward-driven, you realise that the standout feature of Alto’s Odyssey is that it keeps you coming back for more.
(alt = ‘students are happy before lesson’, source = https://ru.freepik.com/free-photo/free-time-of-a-students-bachelor-s-campus-life-rhythm-five-friendly-students-are-walking_2583709.htm#query=students&position=1&from_view=search)
US student communities are special men’s and women’s organizations, they are literally called “brotherhoods” and “sisterhoods”, since the students included in them have certain rights and are subject to the charter of their community.
These organizations have been successfully operating in the universities of North America for about 3 centuries. In Europe, there are similar student organizations – student corporations, designed to organize young people into organizational groups for a more productive and fun life and study at universities.
Student communities in the United States, as a rule, have a name consisting of Greek letters and are divided into women’s and men’s.
But joining one of the US communities is not so easy. First of all, one must have some financial position in order to be able to make fraternal dues and pay for their living in special campuses assigned to the community.
There were cases when for this it was necessary to walk naked around the campus or drink sour milk. But the desire of candidates to join the student community is so great that, despite the obvious health risk, they are ready to make even less of such sacrifices.
The first student society was called “Fi. Beta. Kappa. It included people who were very popular at that time – writers, politicians, poets, etc.
There is a place in US student communities and strict laws, failure to comply with which can lead to expulsion not only from the community, but also from the educational institution. It is desirable to show progress in studies, no one likes stupid people. By the way, performance must be shown everywhere. So, sometimes students use essay writing service cheap to help them with homework.
For example, if a member of the student body is seen drunk in their fraternity uniform, they may be kicked out of the association. It is believed that by showing up drunk in a fraternity uniform, you are disregarding the values ??of your community, which means that such people have no place among the brothers. Therefore, such a student is expelled from the community, and for sure, no other student will want to accept him.
Being a member of Phi Beta Kappa is a huge honor that many students, now both men and women, aspire to receive. All participants must indicate this experience in their resumes, and potential employers check the information at the national office. Getting into such a prestigious society is not easy. For example, at the George Washington University in Phi Beta Kappa, they only take a very high average score – at least 3.7 out of 4.0.
In addition, knowledge of a foreign language and a successfully completed course in mathematics or statistics are required. If you want to ask for professional’s help with college assignments, look for online writing services like writemypapers.me.
The first officially registered student association was the Chi Phi fraternity. It opened at Princeton University on December 24, 1824, the eve of Catholic Christmas. The founders declared the main principles of the community to be truth, honor and integrity of the individual.
Later, similar organizations began to multiply rapidly throughout the country. Students wanted to unite to stimulate each other’s ambitions, to encourage the highest manifestations of courage, to develop leadership qualities, responsibility and composure.
Fellowship provides a lot of benefits – and it’s not just about parties at the end of the school week. Most importantly, networking is the basis of social interaction with peers. Most university students will only keep in touch with 4-6 really close friends. As soon as you join your brotherhood, you immediately get to know 30-40 new people who you could trust and make real friends with.
It has been proven time and time again that your chances of getting a job are higher if your future boss or hiring manager belongs to the same fraternity. 20 or 30 years ago, when social media and job sites like LinkedIn didn’t exist, fraternity connections were even more rewarding.
With the current popularity of technology and online things, there are also now online casinos available for gamblers to play without having to travel to casinos. But when online gambling, it is important to have a proper management plan for your funds.
Having a good money management plan can go a long way when gambling at online casinos. This article will explain how to manage your funds at online casinos properly.
One of the most common things you should know when gambling is that you shouldn’t gamble more money than you can handle to lose. This is a very important rule to stick by when starting to gamble. Gambling is risky as there is little assurance that you will always come out as a winner. This is why you must never gamble amounts of money you can’t afford.
Before gambling, you should create a budget plan to familiarize yourself with the extent of your funds. Even if you have a winning streak, there are always big losses in every gambling session. The risk of losses shows why you should always remember to stick to a budget plan to avoid major financial problems.
Compared to playing casino games at real casinos, it is much easier and more enticing to gamble at online casinos. Because of this, it is necessary to have a schedule to stick by and acknowledge that gambling is only a special occasion. Only have specific days in a week where you should allow yourself to gamble online.
When creating a schedule, you should only increase the time of your sessions when your income from gambling is increasing rapidly. But if not, you should maintain discipline and control yourself from gambling online too much. If you gamble on a schedule, you may win more than you lose. If that’s the case, let’s hope you are at a fast payout casino to help get your winnings more quickly.
When gambling, it is crucial that your emotional responses don’t overpower your logical reasoning. Especially when you have significant losses from gambling online, you should be logical and take a break from gambling instead of trying to win your losses back out of anger. While playing some more after losing may seem necessary, taking the logical course of action will be more beneficial down the road.
When gambling, you can consider your money from this activity winnings when your losses do not outweigh your winning bets. When left with money that is pure profit, it means that the personal funds that you have initially invested are not at risk.
You should maintain your bankroll at the total you invested initially, showing that you display a smarter and more professional way of gambling. Withdraw the house’s money and use it to increase your original investment.
Online casinos offer a fun and convenient way for gamblers all over the world to earn some money. However, it may be more tempting to bet your money on these online casinos irresponsibly because of their convenience. As a gambler, you should always know how to be responsible and stick to a money management plan to ensure you don’t suffer significant financial losses.
Poker relies heavily on fortune whenever done for just a brief moment. It becomes more of a skill-based card game the further you participate. Generally, most participants would’ve played this game for a lesser period. The veteran players, however, might have invested a lot of time in this game.
Whether you’re less about skill and more about luck, you should look at the best roulette apps and give it a spin.
You must take steps to lessen the influence of chance within your match. By accomplishing this, you’ll provide yourself with greater power regarding your accomplishment.
If you’ve ever played this card game, you know how significantly your hand differs from your rivals’ in terms of cards. There is no longer luck because cards can potentially impact the game’s outcome significantly.
Certainly, there is still a minimal amount of short-term luck left. In the long run, however, the likelihood is always true.
Poker is a mastery game that grows more complex as players play additional rounds. The ability required for winning such cards might be 100% as the maximum count of cards dealt approached infinitely. This isn’t feasible, rationally speaking. On average, the chances will ultimately be to your advantage.
You could utilize mathematics to your advantage in each game of poker and choice you make. Each anticipated value is the average, long-term value of that situation. Beneficial or bad outcomes are also possible.
It is irrelevant what the outcome of the present round is for evaluating predicted value. The overall worth of the circumstance is the sole factor that matters. A skilled player will eventually prevail in a given circumstance.
There are quality and terrible players in the game of poker. The choices they make during the game greatly impact how it turns out. Greater compared to a player who makes poor decisions, a player who can make better decisions.
As you are aware, players must obey regulations in this game. Poker can’t be played without such regulations. Additionally, whenever regulations are established, they apply to every participant. Not many factors can change the game’s outcome because everyone must adhere to the regulations.
Poker games involve a variety of events, many of which have an impact on the result. All players initially receive 2 cards for each round. Before proceeding, every player must make their initial choice—whether or not they’ll accept the pot.
Each event at a poker game is foreseeable. The issue arises when it is necessary to consider many potential outcomes. Because there are so many decks with predetermined values, each hand has a wide range of potential results.
You must develop the ability to manage your feelings and maintain a composed mindset. Maintaining your composure is critical since breaking it will result in financial loss. You’ll need to practice that talent over time.
Luck isn’t a factor in every competition with regulations and elements. The argument is that anything could be quantified and that doing so is perfectly legal. Every player who doesn’t factor in probabilities would claim that poker is just a match of luck.