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  2. History of bitcoin - Wikipedia

    en.wikipedia.org/wiki/History_of_bitcoin

    Bitcoin price surge after Elon Musk and Tesla announcements of investments into Bitcoin, including acceptance of payment. [213] 16 February 2021 $50,000 : Bitcoin price reached new all-time high of $50,000. [214] 10 April 2021 $60,000 : Bitcoin back above $60,000 as Coinbase gets ready to go public on the stock market. [215] 14 April 2021 $64,800

  3. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation. [7]: ch. 1 In 2021, El Salvador adopted it as legal tender ...

  4. Bitcoin: Breaking Down the History (& Controversy) - AOL

    www.aol.com/bitcoin-breaking-down-history...

    For example, on March 8, 2024, Bitcoin’s price topped $70,000 and closed at $68,285. The mining reward at the time was 6.25 bitcoin, or $426,781. What is the Bitcoin halving?

  5. Economics of bitcoin - Wikipedia

    en.wikipedia.org/wiki/Economics_of_bitcoin

    [citation needed] On 29 November 2013, the cost of one bitcoin rose to the all-time peak of US$1,242. [42] Some evidence suggests that part of this peak in the price of bitcoin was due to price manipulation. [43] In 2014, the price fell sharply, and as of April remained depressed at little more than half 2013 prices. [citation needed]

  6. Bitcoin’s price history: From its 2009 launch to topping ...

    www.aol.com/finance/bitcoin-price-history-2009...

    Money has poured into the newly created Bitcoin ETFs in 2024, pushing the price of Bitcoin to a new all-time high above $73,000 in March. The summer months saw the price of Bitcoin retreat ...

  7. Who Invented Bitcoin? HBO Documentary ‘Money Electric ... - AOL

    www.aol.com/invented-bitcoin-hbo-documentary...

    Cullen Hoback, director-producer of HBO documentary “Money Electric: The Bitcoin Mystery”

  8. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    In 2018, bitcoin's design caused a 1.4% welfare loss compared to an efficient cash system, while a cash system with 2% money growth has a minor 0.003% welfare cost. The main source for this inefficiency is the large mining cost, which is estimated to be US$360 million per year.

  9. What is Bitcoin? - AOL

    www.aol.com/finance/bitcoin-155903136.html

    Bitcoins aren’t created infinitely, however, and the currency is limited to 21 million whole units. Experts expect the remaining number of bitcoins to be mined out around the year 2140.

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