16 years ago

[bitterguy28]

satoshi nakamoto released bitcoin’s white paper on oct 31 2008

today trump celebrates this anniversary

if we think about it, it’s crazy how bitcoin has evolved from what used to be just a mean of peer to peer exchange and now it is globally well known and is breaking through financial markets

in 16 years, bitcoin has evolved into what we see it now

what else can happen in the next 16 years?

[yhiaali3]

I didn't hear that Trump is celebrating this anniversary, that's very good but are there any links to the news?

Anyway, 16 years have passed so quickly that it seems like it was just yesterday, a lot of development has happened in the history of Bitcoin since that day until now, there have been many bad times as well as good times but I think the best is yet to come.

Maybe in 10 years from now we will see Bitcoin spread across very large areas of the world and maybe there will be many governments that officially adopt Bitcoin. what I am sure of is that Bitcoin will not stop.

[bitterguy28]

I didn't hear that Trump is celebrating this anniversary, that's very good but are there any links to the news?

my bad! i forgot to add a link but here is what trump posted on his x account

“I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper,” Trump posted on Twitter, now known as X. “We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!”

Maybe in 10 years from now we will see Bitcoin spread across very large areas of the world and maybe there will be many governments that officially adopt Bitcoin. what I am sure of is that Bitcoin will not stop.

i also think that bitcoin will continue to spread all around the world we already have el salvador acknowledging bitcoin as a legal tender i am sure they will not be the last in the world to adopt bitcoin

[TomPluz]

Wow, in just 16 years, Bitcoin went from a very unknown and a very experimental digital asset even some calling it as just scam and will die months after to where it is now recognized even by Wall Street in the league of top stocks and gold...and even more, of course. Bitcoin just paved the way for the blockchain technology to be known all over the world and for the global market to recognize its great value to humanity. In 2009, the price of Bitcoin is literally zero and now it is hovering in the $70K zone...such an amazing journey has had been so colorful, excited and truly game-changing. So the question is: What can happen in the next 16 years of its existence? I am hooping that there will be more adoptions all over the world and for many governments to make it fully legal just like gold...and that it would already reached its biggest ATH at a million dollar price.

[Freemind]

When thinking about that number of years it may seem like a long time, but remembering everything that has happened within the world of cryptocurrencies, it is actually very little time, at least that is the personal assessment I have, and I also think Bitcoin hasn't really "started" to take off yet. What will happen in the next 16 years is anyone's guess, but I do know that it will be frantic and that Bitcoin will go where we can't even imagine. As for Trump congratulating Bitcoiners, I prefer not to say anything, since I think it is just opportunism, and in this thread we don't talk about that.

[Azharul]

satoshi nakamoto released bitcoin’s white paper on oct 31 2008

today trump celebrates this anniversary

if we think about it, it’s crazy how bitcoin has evolved from what used to be just a mean of peer to peer exchange and now it is globally well known and is breaking through financial markets

in 16 years, bitcoin has evolved into what we see it now

what else can happen in the next 16 years?

I am fully agee with your excellent topic and comment. Bitcoin is one of the best profitable crypto in cryptocurrency market. But if we follow in 16 years ago, we can see that bitcoin price is also low level in cryptocurrency market. But if we follow in this time by bitcoin, we can see that bitcoin price is already $70k up. I also believe that gradually it’s price will increase day by day. So i think that in 2025 bitcoin price will hit $85k in cryptocurrency market. Because if we follow in cryptocurrency market, we saw that bitcoin stay in best position then others crypto. So i think that in this time bitcoin will be best for investment or hold for us.

[Lucius]

my bad! i forgot to add a link but here is what trump posted on his x account
“I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper,” Trump posted on Twitter, now known as X. “We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!”

I sincerely doubt that he wrote it personally, or that he has any idea what this is about - a man who looks confusedly at the QR code when they explain to him how to make a BTC transaction is not someone who cares about such things.

And what exactly does it mean that BTC will be made in the USA? Do people really want some kind of centralization in which only coins that will be mined and processed by US based miners will be valid?

[Mia Chloe]

Bitcoin wasn't only a successful crypto currency in my opinion, it actually was also simultaneously a breakthrough to digital era. Before the success of bitcoin yes a couple of other coins, payment options and projects were attempted however they actually failed at some point , most of them die to government restrictions and policies. However If you check closely, you will find out that it was actually after the success of bitcoin that the crypto ecosystem came to light.

Before bitcoin people were quite scared of a digital network and a decentralised network at that. Also I really don't like the idea of involving bitcoin with politics because of the fact that it's a decentralised network even if huge mining companies are in the US.

[yhiaali3]

I didn't hear that Trump is celebrating this anniversary, that's very good but are there any links to the news?

my bad! i forgot to add a link but here is what trump posted on his x account

“I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper,” Trump posted on Twitter, now known as X. “We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!”

It's okay, thank you for sharing the link
This is good, although it seems like an election campaign against Kamala, who he describes as fighting Bitcoin, but I honestly did not expect Trump to celebrate Bitcoin's anniversary on his X account.

In any case, there are a few days left until the US elections, and we will wait to see the results of the elections and see what the future may hold for Bitcoin. Of course, we all hope for Trump and Bitcoin to win.

[robelneo]

in 16 years, bitcoin has evolved into what we see it now

what else can happen in the next 16 years?

All that happened and that is happening now is all unexpected, from the time Satoshi created Bitcoin, so what will happen in the next 16 years is beyond our understanding, but I'm very positive that Bitcoin adoption will continue and will even get better.
Any and every industry can adopt and integrate Bitcoin and blockchain, so a lot of great things are going to happen in the next 16 years
What we need to do is keep doing what we have been doing since we first discovered Bitcoin.

[0t3p0t]

Seeing Bitcoin in the next 16 years would be very expensive and I don't think an average investor can afford even .0001BTC if we are going to base it on what we have today or what we have within the past 16 years of Bitcoins existence. Though no one really have any idea what will be Bitcoins future but if Bitcoin will get the same path as before then it will be hard for me to acquire a portion of it depending on my budget and how much I want to buy.

[vegasus]

It seems like it's been 16 years. This indicates that the development of the crypto world is moving that fast, Bitcoin is a pioneer, and makes all these changes happen. There are many pros and cons related to Bitcoin, even now, all of that is still happening. However, all of that does not obey people who have believed in Bitcoin to remain in that line, and we are very lucky and grateful to be in that part too.

And this time, we are also going through quite good market development, the time to the bullish era in 2025 is only a few months away. various positive news is starting to be blown. Trump, yes, currently a figure who is often associated with crypto, because he is one of the presidential candidates in the US election, this will also greatly affect the development of crypto prices after the election. we always hope that this will end well and much higher than our expectations of course.

[Zed0X]

If I can only see the future, I'd like to know that as well. Maybe the new generation of crypto investors will view BTC at $100K as a cheap investment? In terms of adoption for the next 16 years, I guess there's a higher likelihood that we'll see more news of regulation with more countries officially taxing crypto transactions.

[LogitechMouse]

---
if we think about it, it’s crazy how bitcoin has evolved from what used to be just a mean of peer to peer exchange and now it is globally well known and is breaking through financial markets

in 16 years, bitcoin has evolved into what we see it now

what else can happen in the next 16 years?

We might see a faster transaction speed for Bitcoin (of course this comes at a cost).
We might see Bitcoin being by more merchants in the next 16 years.
We might see Bitcoin being accepted by ALL countries already and there will be no countries that are banning it anymore.
We might see Bitcoin being bought by more companies, and who knows, we might see more anti-Bitcoiners in the past turning into pro.
Worst case scenario is that we might not see Bitcoin in the next 16 years.

We don't know the future like others said here. I guess let's just enjoy the fact that a thing called Bitcoin was created, and let's just support it through using it in different ways that we wanted.

[Lucius]

If I can only see the future, I'd like to know that as well. Maybe the new generation of crypto investors will view BTC at $100K as a cheap investment?

We cannot see the future, but we can somewhat try to predict what will happen considering what has already happened and considering that we know how much BTC can exist and that there is a new halving approximately every 4 years.

What we know is that today we have about 19.77 million BTC in circulation and that one day there will be a maximum of 21 million (actually slightly less than that for technical reasons) - and that we will reach 99% of all mined BTC by the end or beginning of the next decade.

This means that the influence of newly mined coins will be less and less, and we already feel that today, because with only about 450 BTC per day, miners cannot influence the price even if they sell everything they mine, given that the demand is several dozen times higher.

Therefore, one day the price of $100k for 1 BTC could be really cheap compared to the price that will be formed in the future years.

In terms of adoption for the next 16 years, I guess there's a higher likelihood that we'll see more news of regulation with more countries officially taxing crypto transactions.

The taxation of transactions is insane, the profit generated by the purchase/sale of cryptocurrencies can be taxed and this is quite normal today in all countries that have a logical tax collection system. However, I have no doubt that in the event that BTC becomes much more popular than today, some countries will resort to some measures to discourage people from paying with BTC, but p2p transactions will never be part of any regulation, of course if such transactions are sent from non - custodial wallets.