Pay attention to this...
Can you guess which event triggered Bitcoin's first major price spike above $1 in April 2011?
. The launch of Mt. Gox as the first major exchange
. The creation of the Silk Road marketplace
. A mainstream news article in Time magazine
. The Bitcoin halving event
Take a moment to think before scrolling.
Answer: The creation of the Silk Road marketplace in February 2011 provided a real-world use case for Bitcoin as a medium of exchange. This drove demand and pushed the price from under $1 to over $30 by June 2011. The Silk Road was a darknet market that allowed anonymous transactions. It was shut down by the FBI in 2013.
Here is another quick one. In which year did Bitcoin first exceed $1,000 for the first time?
. 2011
. 2013
. 2015
. 2017
Answer: 2013. Bitcoin hit $1,147 in November 201
Comment your prediction
#Trending #CryptoNews #Bitcoin #CryptoMarket
📱 Follow @PoorCryptoMan
Can you guess which event triggered Bitcoin's first major price spike above $1 in April 2011?
. The launch of Mt. Gox as the first major exchange
. The creation of the Silk Road marketplace
. A mainstream news article in Time magazine
. The Bitcoin halving event
Take a moment to think before scrolling.
Answer: The creation of the Silk Road marketplace in February 2011 provided a real-world use case for Bitcoin as a medium of exchange. This drove demand and pushed the price from under $1 to over $30 by June 2011. The Silk Road was a darknet market that allowed anonymous transactions. It was shut down by the FBI in 2013.
Here is another quick one. In which year did Bitcoin first exceed $1,000 for the first time?
. 2011
. 2013
. 2015
. 2017
Answer: 2013. Bitcoin hit $1,147 in November 201
Comment your prediction
#Trending #CryptoNews #Bitcoin #CryptoMarket
📱 Follow @PoorCryptoMan