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About This Blog

Bitcoin et al, translated Bitcoin And Others, is all about bitcoin and other cryptocurrencies. On this blog, I compile what I have read – such as history, news and other development – about bitcoin and similar cryptocurrency.

When I first heard about bitcoin in its early years, I completely ignored it for the reason that I was not into online games. The invitation I received then was to use bitcoin in online games. That time, the value of bitcoin was less than a US dollar. It was the early days of - it crypto terms - mining.

In December 2017, the value of 1 bitcoin bull run at 17,000USD to 1BTC. Had I bought 100BTC then which I might have purchased for less than 100USD, my bitcoin by the end of 2017 would have been 1,700,000USD. Realizing the opportunity that I had lost, only then that I have become interested in Bitcoin.

The Bitcoin technology – yes it is a technology – is not easy to understand. It requires a lot of reading and serious research. Wanting to put everything I have read on paper, I decided to blog it instead.

So, join me as I continue to research and blog about Bitcoin, hope that you too gain understanding about this promising technology.

Et al is Latin which means and others.

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Popular posts from this blog

Bits and Pieces

Not everybody loves bitcoin. Skeptics will always find a way to opine that Bitcoin has no future. Take a look at the skeptics of the past and see what they had said. 1876: “The telephone has too many shortcomings to be seriously considered a means of communication.” — William Orton, president of Western Union. 1995: “I predict the internet will soon go spectacularly supernova and in 1996, will catastrophically collapse.” — Robert Metcalfe, founder of 3Com. 2007: “There’s no chance that the iPhone is going to get any significant market share.” — Steve Ballmer, Microsoft CEO. Source: ccn.com

Crypto Facts

Xapo, the Swiss-based cryptocurrency wallet and vault service provider, stores more than $10 billion worth of bitcoin in its cold wallets managed offline in safe Swiss vaults. According to Bloomberg, more customers have stored bitcoin in Xapo’s vault than 5,670 banks in the US. ~ ccn.com

News: Bitcoin Price Falls Below $8000

23 May 2018 Bitcoin price continues to fall to less than $7700 USD since May 6 when it hit $10,000 USD. But bitcoin is not alone. Nearly all the top 100 crypto assets are experiencing the same decline. Read complete report .