Origin of the word HODL... and more interesting tit-bits

in #cryptocurrency7 years ago

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It’s not every day that you learn something truly life changing. Well, sit down people… you’re about to get a dose of intergalactic-grade awesome.

I always assumed that HODL was an acronym which meant Hold On for Dear Life. It appears I have been very much mistaken. Check out the below link for the actual genesis of the word – The date was 18 December 2013. The time was 10:10:03am.The man (nay, the legend) was called GameKyuubu. It was spawned from the drunken rant of a frustrated bitcoin forum member. – Actually why was he that drunk at 10am – Anyway… who cares?

I’d like to buy GameKyuubu a beer or maybe some whiskey/whisky! Good on ya, cuz.

https://bitcointalk.org/index.php?topic=375643.0










Now that I have whet your appetite for bit-based morsels of factual information (as opposed to my usual “Fascinating” “Facts” blog – which, shock horror, I actually conjure from thin air)…., here are a few more – probably more suited to the newbies, but perhaps some of the old guard may find an intriguing nugget amongst the below mine of information:

3600 bitcoins are mined each day

All available bitcoins are due to be mined by 2140

There are more than 20,000 computers working at mining new bitcoins

The first bitcoin transaction took place on 12 Jan 2009 and was between Satoshi and Hal Finney

It took 5 years for the price of bitcoin to go from $0 to $1000

64% of bitcoins are sitting in accounts that haven’t been touched.

There is 31000 lines of computer code behind bitcoin

There is an area in Berlin called Kreuzberg which has established itself as a bitcoin friendly shopping zone

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