points: -14

The Definitive History of Bitcoin (Infographic)

I'm sure some of you geeks will enjoy this, while you non geeks will most def hate it :P

geek

by yak

submitted December 15th 2013

183 comments
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The Definitive History of Bitcoin (Infographic)
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comments (183)
Cool.

Not muchoworthy.
4 years ago
Saw it earlier today on bitcointalk, thought "wow... this is really amazing.... and long."
4 years ago
pretty sure this is muchoworthy considering it fits pretty directly in the 'geek' category :P
4 years ago
pretty sure the only upvotes you get will be to spite me.
4 years ago
i wouldnt really care about any upvotes... i usually get a lot of downvotes for any geeky posts i submit... but i submit them because they are muchoworthy... ;P

i think my 'rep' can handle it :P
4 years ago
You should make rep count.
4 years ago
e.g. under 10,000 rep = can't post more than 25 comments a day

Some shit like that.
4 years ago
Shut the fuck up already, bono. You self-centered fuckwad, Idiotic ass-liquid.
4 years ago
Anytime you see a headline of "a promising future" it really means "you will likely be scamed"
4 years ago
well.. the actual concept of bitcoin is what i believe is the promising future.. just like torrents... or tor or the internet... its not specifically 'bitcoin' but what it represents and the underlying concepts it has
4 years ago
$0.003 per thousand in january.......that's like missing out on microsoft stock in the beginning
4 years ago
http://i.imgur.com/IH4rpeA.jpg
4 years ago
no... its way way way way way way way more than missing out on the microsoft stock at the beginning
4 years ago
look at it like this... people already pay ridiculous fees to credit card companies... banks.. paypal.. etc and they are prone to fraud, chargebacks, government and corporate fuckery etc

bitcoin and crypto currencies in general right now arent 'perfect' but they are a nice step to something that isnt controlled by something as sinister as the federal reserve
4 years ago
yet...
4 years ago
not possible zeke.. the only thing they could do would be outlaw it... read up on how crypto currencies work... its basically like trying to control torrents.. not possible
4 years ago
I was going to read up on it until you posted this. And I'll just read this later...
4 years ago
So yak, what is the facebook to bitcoin's myspace?
4 years ago
thats really unknown at the moment.. i dont think we will know even for a few more years... it might honestly be that bitcoin is the facebook to bitcoins myspace... i mean its all opensource
you can go make a bitcoin clone right now with a bit of programming experience in c
4 years ago
zeke if you are interested at all go to my site http://cryptogeeks.com for .. well.. literally the most up to date news on bitcoin/litecoin/altcoins/crypto currencies on the internet
4 years ago
Thanks, I will.
4 years ago
I really had no clue wtf they even were til a few days ago when I saw a guy asking for investors on facebook.
4 years ago
What's the deal with 'mining' them? Is that like the creation of new ones?
4 years ago
Btw......Naked and Afraid
watch it
4 years ago
well ill explain it with just bitcoin to make it simple (most of the other crypto currencies are very similar)
bitcoin has a finite number of coins that will ever be "mined"
21million (over half have already been mined)
now the bitcoin software/network has algorithms in place to *guestimate* and throttle the creation of these coins (which were in blocks of 50 coins at first but are now in blocks of 25 coins) to happen at a specific time... and the networks hash speed determines how fast these blocks are 'mined'.... so what the software/network does is makes it increasingly more difficult (or easier sometimes) to keep the blocks being solved at a specific rate of time (once every 10 minutes roughly in the case of bitcoin)
all of the coins *technically* already exist.. they just have to be 'discovered' (mined) and because of how the system is in place.. it can only happen at basically the interval that is set...
think of mining speed and difficulty like an elastic band.. the more computers mining the faster the network is.. but the faster the network is the higher the difficulty gets to 'discover' a block... the less people mining the less the speed of the network so the difficulty goes down

hopefully that isnt too confusing...
4 years ago
nah I get the exponential part of it, but I don't get who's mining them....
In theory couldn't they just be hacked?
4 years ago
the way bitcoin works (and other crypto currencies) is that there is a thing called a block halving tho
every half of the amount of total coins left are mined... the 'reward' for finding a block halves
so for example with bitcoin there was 21million coins
11million have been mined
so instead of getting 50 coins per block now it is 25 coins per block
when another 5.5 million (roughly) are mined it will half again to 12.5 coins per block etc etc until the very end when you wont get any coins by solving a block except for the transaction fees that the network charges for people to send coins
which... in theory by then will be so much they will have vastly overtaken the amount of coins you would be getting from solving blocks in the first place
4 years ago
in theory they could be hacked.. the problem is the way bitcoin is made makes it very transparent
the blockchain is 100% public.. you can see exactly where every bitcoin goes to and from.. but in the same respect its completely anonymous.. you dont know who that person is getting or sending them... but it is a 100% open ledger... so there isnt really a way for tampering easily
4 years ago
So... it's exactly like the Franklin Mint.
* ClaudeBallz polishes gold-plated 9/11 tribute coin *
4 years ago
if you look on the infographic up there.. bitcoin was actually exploited once.. tho that same type of attack is now pretty much impossible
4 years ago
a. There will be more exploits.
b. Until I can pay for dik's Indian cigarettes with bit coins, I'll wait.
4 years ago
They're cracking down on that I hear
Before they were able to sell the cigarettes to anyone as long as they weren't carried off, now they're going to make it so that they can't sell it to anyone that doesn't live on the res.
4 years ago
Gov't be tryin to hold the white man down.
4 years ago
it doesnt really matter if there are more exploits since its a completely open ledger the worst that could happen is another hard fork of the blockchain rendering anything they did null
tho that same type of thing happening now is literally about a billion times more difficult
4 years ago
Watch Naked and Afraid yak
21 days.....harshest conditions on the planet......butt ass naked
4 years ago
sounds like my life story
4 years ago
i tried to watch an episode of it.. i didnt find it entertaining
4 years ago
It's like Survivor meets Man vs Wild
with lots of butts
4 years ago
How could you not like it?
4 years ago
its not like survivor at all ;/
4 years ago
i dont see any naked chicks -


DOOMED!
4 years ago
tldr;
4 years ago
at least when MS crashes next time we will have something to blame
4 years ago
adblockers?
4 years ago
i was gonna say gullible canucks
4 years ago
adblockers is more realistic
4 years ago
like you have any idea
4 years ago
meh- more Xmas card addressing it is then
4 years ago
help help i'm being addressed!
4 years ago
...
4 years ago
Does Mucho have a layaway plan for reading subs?
4 years ago
its called the 'save' button
4 years ago
I used to use that to track subs. Now i just use Squidley. =(
4 years ago
Gay
4 years ago
^Lord
4 years ago
^Queso
4 years ago
wait wut
4 years ago
Ugh. Isn't there a short simple version to explain this
4 years ago
An electronic currency, which consists of cryptographic proofs-of-work, that can literally, verifiably, and securely be transferred over the internet from a buyer's bitcoin client (app, software) to a seller's without the aid of a mutually trusted third party (e.g., paypal or credit card bank, who traditionally collects a fee for this trust).
4 years ago
Kk. Reminds me of when the mobile phone companies in Sweden started to complain about the free Skype f.e. and they unison demanded a fee be taken out for all citizens just to cover the loss of profit. Not saying but there could be a chance something similar might be applied when companies notice a decrease. Maaybe
4 years ago
ill tell you something definitive youre a skank,...trying to fuck zeke...also eat a hamburger you stupid fucking junkie...zekes slug trails weigh more than you
4 years ago
how fucked up greasy are you to want to fuck zeke?
4 years ago
an adult diaper bonanza you 2 idiots would ne
4 years ago
dik she's too young for you, stop begging for her attention. it's so much easier to take your anger out on here than it is to face reality and talk to jaimee or for that matter fugs, isn't it? you washed up bitter old crumudgeon....type another novella to people that have never fucked with you once to show how truly hateful you are at the world
4 years ago
hahaha you complete pieces of shirt amaze me living this long with out fatally stubbingg yourt toe
4 years ago
only person you ever ran off this site was jaimee and that was from your knees you miserable piece of shit. give it up.
4 years ago
hahahahahahaha
4 years ago
that stings
4 years ago
hahahahaha
4 years ago
imma call her
4 years ago
You're 50, jobless, lonely and trying to "pwn" people half your age on a fucking website that never did shit to you. It's time you face the facts gramp and realize how truly miserable your life really is.
4 years ago
baby...my names zeke...ya i run my own business
ya baby
4 years ago
he managed to fetch a hooker wirgh heroin scars
hahahaha
4 years ago
type another dozen comments about how bitter you really are dik
the truth is coming out
4 years ago
christ you're too irresponsible to smoke a cigarette without burning down (someone else's) house. your last girlfriend left you and burned you, so now you take it out on online strangers......truly, utterly, pathetic old man. go watch some more cartoons in hopes of coming up with some comebacks.
4 years ago
and fabricate some more lies while you're at it you washed up dirty wannabe hippy
4 years ago
you know,,,,,just reoeating what i say back to me really doesnt hold much water
4 years ago
like loslobos
4 years ago
she's not going to go with you to kokomo dik
I know you've exhausted all your other options
privating girls in chat and offering to sweep them away to........
where was it again? mexico city?
you're pathetic old man. end of story.
stop taking it out on everyone around you.
4 years ago
too long
4 years ago
was that a shart story?
4 years ago
exactly, shut the fuck up and go back to chat
4 years ago
remember when you white knighted every woman on mucho? then called them sluts and ugly whores zeke? then masturbated to the poics they sent ?
4 years ago
totally true
4 years ago
we tried to suck the remaining worth out of your shitty bones
4 years ago
so these said women sent me pics AFTER I called them sluts and ugly whores? Well then, I guess they are.
4 years ago
you are worthless...a deadbeat with an inheritance
4 years ago
I know you did dik, but you're just too god damn pathetic.
4 years ago
a life of no responsibilities...like tr
4 years ago
and you are worthless....a deadbeat with nothing
4 years ago
literally nothing

and angry at the world so taking it out on online strangers half your age
4 years ago
im the happiest person i know...just repeating what i say dont work......you fell in love with like 4 chicks on cam4
4 years ago
you think every chick that farts near you thinks your a hot babe
4 years ago
yeah....it's blaringly obvious that you're so happy by what you say here

and for the record, I've never called anyone names without reason to on here
4 years ago
youre fathers going to blame you for the books
4 years ago
you're seriously a fucking moron
excandycanefireswampbooks
4 years ago
you unoriginal old crumudgeon
stop taking your shitty existence out on strangers online
4 years ago
hahahahahahaha
sop youve never called heather or snap names unprovioked?
4 years ago
you saID YOU DID
4 years ago
unprovoked? no
4 years ago
ok
4 years ago
you sure?
4 years ago
in retrospect did they deserve it? probably not
but unprovoked? no
4 years ago
still neither of them are going to go to cancun with you dik
4 years ago
creepy, bitter old ass piece of shit
4 years ago
and now you've basically just implied that snap and heather sent me nudies.....uh-oh
4 years ago
http://www.youtube.com/watch?v=mP07Oyr7enQ
4 years ago
xzekiel The Iron Liver
yeah....it's blaringly obvious that you're so happy by what you say here

and for the record, I've never called anyone names without reason to on here
4 years ago
so now i guess youre backing off from that one huh snail
4 years ago
pathetic
4 years ago
so what was your reason for

ill tell you something definitive youre a skank,...trying to fuck zeke...also eat a hamburger you stupid fucking junkie...zekes slug trails weigh more than you
4 years ago
pafuckinthetic
4 years ago
stop projecting old man
4 years ago
haha i stand by every word ive ever said including that,,,,,,,,,,,,
4 years ago
so not only are you old, pathetic and angry......you're also delusional
4 years ago
"ive never insulted heather or ohsnap unprovoked"
4 years ago
not unprovoked, no
4 years ago
hahahahaha ............hahahahahaha
4 years ago
hahahahahaha
4 years ago
hahahahahahaha
4 years ago
so wait let me get this straight...you zeke have never insulted heather or ohsnap without being provoked?
4 years ago
nope.
4 years ago
HAHAHA youre just joking
right?
4 years ago
do I need to keep repeating myself like you do?
4 years ago
was he that drunk?
4 years ago
iron liver hahaha
youre a 12 pack pussy
4 years ago
fact is, you just completely tried to "pwn" a girl half your age solely for the reason to get to me.

really a stand-up guy
4 years ago
im not sure i believe you dont remember the thgings youve said..i think its just more lies
4 years ago
keep talking shit to strangers online to feel better about yourself you miserable old pile of shit
4 years ago
I remember.
4 years ago
you alienated every woman you spoke to...every single one...the only one that talks to you is a mexican heroin addict...and yes shes a heroin addict,,look at her arms
4 years ago
I know what I do.
4 years ago
and I know why I do it.
4 years ago
ok wellask heather and ohsnap if yoiu were ever intolerably insulting to them for no reason...then look at los lobos heroin arms
4 years ago
do the math
4 years ago
"intolerably insulting" i'll give them.................for no reason...............no
4 years ago
but now you're just being intolerably insulting to a chick half your age for no reason..........
4 years ago
??/ no idea what you mean slug...your slug trails expose you
4 years ago
wait are you whiteknighting the junkie hooker?????
4 years ago
hahahahsa
4 years ago
point proven you gunt
4 years ago
right......the reason is you're a miserable old crumudgeon bitter at females........i get it, i was like you once too.
4 years ago
call your ex you fucked id chunk of spider
4 years ago
don't worry dik, jaimee won't be coming around here to see what a miserable wretch you've become. you know, since you begged her to let you have mucho and all
4 years ago
"nobody talks to my mexican junkie hooher in a mask friend" like that!
4 years ago
alright dik, now spam this thread up for another 20 comments or so to make it look like you've "won" something
4 years ago
hahahahahahaha
4 years ago
100 percent he will call his ex right now
4 years ago
"baby i miss you baby...god baby i love you baby....its hard being workin all the time baby"
4 years ago
hahahahahaha
4 years ago
"oh baby you dont know how hard it is baby..sitting here drinking my families money away baby...i miss you baby"
4 years ago
"baby i was trying to relax ..and baby dik started bothering me baby"...click
4 years ago
15 calls later
4 years ago
this is mot even an exaggeration..ive talked to his ex
4 years ago
not an exaggeration.......a flat-out lie
but really, what would one expect from someone like dik
who needs his precious mucho more than anything in life?
4 years ago
another dozen, come on dik
you're up to it
4 years ago
once you deny its pretty obvious its true
4 years ago
hahahaha
4 years ago
you white knight a prostitute mexican heroin addict guy
4 years ago
i havent said one thing not true
4 years ago
cope
4 years ago
"baby your track marks really get me frisky baby?
4 years ago
you're pathetic
4 years ago
Dik dik dik. Can he sink even lower, is it possible for a man who lost everything to do so?
If you're really that happy as you say you are, you wouldn't obsess about Zeke the way you do. It's almost as if you're jealous for some reason. As for your analysis of me, meh who cares. Keep jabbing yourself tired old man.
Oh and btw, you said awhile back that you missed the deep political discussions on Mucho. Then why are you being a simpleton all the time, even when oppurtunity unfolds?.. Fact is you're as about deep as a brick.
4 years ago
Again? Really?
4 years ago
boring
4 years ago
This is the stupidest thing ever
4 years ago
yay
4 years ago
yeah why should there be anything informative on mucho?
4 years ago
quit white-knighting yak, zeke
4 years ago
I'd do the same for you possbro
4 years ago
What about me zekebro ?
4 years ago
You're on your own
4 years ago
You're no white knight , you're a heart breaker
4 years ago
I'm not reading all those comments.

And this still doesn't tell me what the fuck a bitcoin even is.
4 years ago
sure it does...it is crypto currency.
4 years ago
Yea, but what the fuck is it....where does it come from?
4 years ago
http://bit.ly/1gCkjxB
4 years ago
it came from satoshi nakamoto
4 years ago
Thanks Jared.

Best answer I've seen so far

Uses your cpu to make math or some super duper shit which they get a profit from.
its kinda like that old alien watch thing that the more people run the more things they see thanks to your cpu.
4 years ago
there is no profit from bitcoin. eventually, it will cost for every transaction.
4 years ago
http://i.imgur.com/E1di9Zm.png

Looks like China is fucking the whole thing up... Bitcoin value down by 50%

http://www.nytimes.com/2013/12/19/business/international/china-bitcoin-exchange-ends-renminbi-deposits.html

http://www.usatoday.com/story/money/markets/2013/12/18/bitcoin-price/4107831/



4 years ago
recover password
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