62 Crazy Facts About Bitcoin

Aykut ÖÇAL

Aykut ÖÇAL

Digital Creator & Growth Marketer

1-Mysterious legend Satoshi Nakamoto is a made-up name used by the creator or creators of Bitcoin.

2-As of October 21, 2017, Nakamoto owns $5.9 billion worth of Bitcoin.
3-Satoshi Nakamoto was nominated for the Nobel Prize in Economic Sciences in 2015.
4-Bitcoin currency is not under the control of a single organization or government.
As of September 5-September 2017, there are 16.5 million BTC in the market. This figure can be a maximum of 21 million.
6- The top 1,000 bitcoin addresses control 34.28% of the total BTC in circulation.
7-Bitcoin transaction fees increased by 1289% from March 2015 to February 2017.
According to 8-Infasys research, 69% of banks are experimenting with permissive blockchain.
9-The bitcoin market is worth $75.8 billion as of August 2017.
10- 64% of Bitcoins have never been used and may never be used.
11- The Bitcoin wallet named Blochain has raised $40 billion from Google startups and Richard Branson.
12- Circle, Blockstream and Digital Asset Holdings are the three big Bitcoin companies.
13-FBI owns 1.5% of the total Bitcoins in the world.
14-Blockchain recording technology can save 8-12 billion dollars if used by the world’s top 10 investment banks.
15- In 2015, only 802 citizens in the USA reported Bitcoin income.
16-The two major Bitcoin exchanges hacked were Mt.Gox in 2014 and Bithumb in June 2017.
17-SatoshiDice – The world’s first Bitcoin acquisition took place in 2013 with 126,315 Bitcoins.
18- Someone named Nakowa won 11,000 BTC from the gambling site. (Net worth was $1.3 million in 2013, and $67 million in October 2017.)
19-Chinese mining pools control about 81% of the total hashrate of the Bitcoin network.
20-Antpool- China mining pool mined 20% of all blocks between 2016-2017.
21- On May 22, 2010, two pizzas were worth 10,000 Bitcoin. On May 22, 2017, these pizzas were valued at $20 million.
As of September 22, 2017, there are 16,300 Stargazers (Bookmarks) and more than 10,000 Forks of Bitcoin on GitHub.
23-Bitcoin transactions are measured in Satoshi/byte units. 1Satoshi=0.000000001 Bitcoin.
24-When the wallet disappears, Bitcoin also flies! James Jowell lost 7,500 Bitcoins worth 4 million pounds when he trashed his hard drive.
25- The number of Bitcoins awarded to mining is halved every 4 years. When this transaction occurs 64 times, all 21 million Bitcoins will be on the market.
26- Every 10 minutes, a new money block is dissolved.
27-All Bitcoin transaction data is transparent and visible on the Blockchain.
28-SHA256- A cryptographic hash function is used in Bitcoin address creation.
29-4000. Bitcoin was donated to Wikileaks in November 2016. In September 2017, 4,204 BTC was reached.
30-Bitcoin network is stronger than 500 supercomputers combined.
31-Bitcoin transactions are irreversible. In 2016, a Bitcoin user accidentally sent $137,000 instead of $5 and never got it back.
It is expected that 17 million bitcoins will be used in 32-10 years.
The 33-21 million Bitcoin limit will be reached in 2140.
34- Auistin Craig and Beccy Bingham’s famous “Life on Bitcoin” tells how they lived for 90 days with only Bitcoin.
35-Alphabay Pisher and Phishkingz made $1 million in 14 months with Bitcoin theft.
36-The University of Nicosia in Cyprus became the first university to accept the payment of tuition fees in BTC.
37-VIRGIN GALACTIC, a theoretical space travel adventure club, accepts Bitcoin.
38- Companies that accept Bitcoin payments; Microsoft, Overstack, Dell, Expedia, Dish Network
39-Bitcoin valid in 300,000 shops in Japan in 2017.
As of September 40-6, 2017, Ethereum worth $29.8 billion and Bitcoin Cash worth 8.8 billion are other major cryptocurrencies following Bitcoin.
41-90% of all Bitcoin addresses have less than 0.1 BTC.
Some Bitcoin millionaires are Roger Ver with 42- 52 million, Charlie Shrem with 45 million and Dave Carlson with 35 million.
43- A Bitcoin transaction consumes 3,994 times more energy than a credit card transaction.
44- Since April 1, 2017 Bitcoin is a legal form of payment in Japan.
Between August 7-14, 2017, the Bitcoin market volume increased by $15 billion.
46- As of August 14, 2017, CRYPTO Compare Yen accounts for 42% of Bitcoin purchases.
47- In 2014, FPS from Belgium exempted Bitcoin transactions from VAT.
48- In 2014, CBT from Finland started to exempt Bitcoin from VAT and accept it as ordinary goods.
49-Bitcoin does not charge VAT in Belgium.
50-Bitcoin, VAT Free in Switzerland Falcon, a private Swiss bank, is the first bank to sell Bitcoin to its customers.
51- As of January 2018, Chiaso in Switzerland will accept tax payments with Bitcoin.
52- Countries where Bitcoin is considered illegal; Saudi Arabia, Bolivia, Kyrgyzstan, Ecuador and Bangladesh.
53- Thailand banned Bitcoin in 2013. But in 2016, the Bank of Thailand said that Bitcoin is not illegal.
54- In August 2017, there were a total of 1,402 Bitcoin ATMs in 55 countries.
Genesis Coin with 55-48.5% and General Bytes with 19.74% are the biggest Bitcoin ATM manufacturers.
56- More than 75% of Bitcoin ATMs in the world are in North America
57-Micro-nation Liberland has adopted Bitcoin as its reserve currency.
Starting out with 58- 3,000 lines of code, Bitcoin’s core is now longer than 100,000 lines.
59- When all Bitcoins are exposed, transaction fees can deter miners.
60-Kim Datcom’s Medaupload v2 allows micropayments to be made with Bitcoin.
61- The current equivalent of $100 we invested in Bitcoin in July 2010 is $6 million.
62- As of September 2017, Bitcoin has a market cap of $100 billion, more than Ukraine’s GDP of $93.27 billion.

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