3.9K @BTCTKVR Throwback Thursday: Looking Back
Martti Malmi/ @marttimalmi says the early Bitcointalk forums had an energy that is impossible to recreate.
Everyone was idealistic.
Nobody was there to make money.
That changed around 2010 when GPU miners started arriving.
He doesn't think that was bad. The incentives were working, but he says the forums were simply nicer before money became the dominant reason people were there.
Bitcoin Takeover S16E12.
3.9K @BTCTKVR Today's featured episode is S16E12
@TheVladCostea chats to @marttimalmi, genesis Bitcoin Developer and a man looking to change the world with decentralized money.
In this interview, Martti Malmi (aka Sirius) brings back the spirit of the early days of Bitcoin. And for those of you who are trying to figure out who Satoshi Nakamoto might be, he also offers his perception of the person behind the pseudonym.
https://t.co/HqSg6i2f3p
0
0
0
116.9K @WorldOfMercek In November 2021 there were 477 projects above 100M market cap.
Today that number is 388, including stables.
That gap says a lot.
A few reasons probably matter here:
First, late 2021 was basically peak altcoin euphoria. This cycle never gave altcoins that same broad expansion.
Second, low float high FDV structures became much more common later. So even if circulating market caps look weaker, FDV inflation is still everywhere.
Third, capital got concentrated much harder into fewer names. BTC, ETH, SOL and a smaller group of larger ecosystems pulled in more of the market’s attention.
And fourth, I think both retail and institutions became more selective. People are less willing to assign huge valuations to random tokens with no real substance behind them.
Interesting part though:
projects above 10M market cap were 1153 in 2021 and 1227 today.
I honestly expected that number to be even higher.
0
0
1
3.9K @BTCTKVR 3.9K @BTCTKVR Today's featured episode is S16E12
@TheVladCostea chats to @marttimalmi, genesis Bitcoin Developer and a man looking to change the world with decentralized money.
In this interview, Martti Malmi (aka Sirius) brings back the spirit of the early days of Bitcoin. And for those of you who are trying to figure out who Satoshi Nakamoto might be, he also offers his perception of the person behind the pseudonym.
https://t.co/HqSg6i2f3p
14
2
7.5K
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
