BASH Crypto Exchange
$20 Billion added to the Crypto Market Cap as Bitcoin reclaims $19K and ETH $600 (Weekend Watch).
Bitcoin price trades safely around the $19K while most altcoins bounced off yesterday’s dip. The total market cap has increased from $550 billion to $570 billion since yesterday.
*SOME INTERESTING FACTS ABOUT BITCOIN*
Here we provide some intriguing fun facts, including mysteries and conspiracy theories that will leave you dazzled about it.
1. The inventor of bitcoin is a mystery. Yes, that’s correct! The inventor of Bitcoin is still unknown.The Bitcoin whitepaper was made open to the public under the pseudonym of Satoshi Nakamoto. The identity of “Satoshi” is still a mystery yet to be solved.
2. The first ever Bitcoin transaction was the purchase of 2 pizzas, with 10,000 bitcoin by Hanyecz on May 22nd, 2010.
3. There are some weird things that can be purchased with bitcoin, since the seller accepts it as a mode of payment. Some of them include: a goat, pocket cannon, a we**am show and even a trip to outer space.
4. Just like a cent is the smallest unit of USD, a satoshi is the smallest unit of bitcoin, thus being the smallest denomination with which transactions can be carried out.
5. Bitcoin ATMs are now available worldwide, with the United States having more ATMs than all countries in the world combined; currently, it is estimated that there are more than 2,000 in the United States alone.
6. 3.79 million of the total bitcoin in transaction has already been lost forever; this amounts to approximately 23% of the total bitcoin in circulation and is worth around a whopping 252 million USD.
7. The largest personal loss of $7,500 USD occurred when James Howell accidentally threw away an old hard drive containing his private keys.
8. The estimated year that the last bitcoin will be mined is 2140, based on the Bitcoin block having a dividing frequency of four years.
9. It has also been recorded that there are more than 23,000 Bitcoin wallet addresses that are holding over one million dollars worth of bitcoin, including Satoshi Nakamoto’s wallet.
10. Here is a shocker: Bitcoin is not the first cryptocurrency. In fact, the award goes to Digicash, which was founded years before Bitcoin came into existence. It was created by David Chaum in 1989 and is also based on cryptographic protocols, but it wasn’t popular.
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