![](./assets/home/images/home/bg5.png)
11 Years of Bitcoins Changed Hands in an Instant
Is Satoshi Nakamoto Back? Although it is impossible to access the information of the person who produced Bitcoin, it is possible to follow the movements of Bitcoin. 11 years ago, when Bitcoin was one month old, some old Bitcoins that were produced took action. The possibility that the person who made this movement was Satoshi Nakamoto, the inventor of Bitcoin, excited everyone.
With the blockchain technology, which is the infrastructure of Bitcoin, it is possible to achieve high security standards and make financial transactions by keeping identity information hidden. Thanks to the anonymity of the system, it is not known who the inventor nicknamed Satoshi Nakamoto, who invented Bitcoin in 2009, is. There was an important development that created serious doubts about Nakamoto's existence. One month after the emergence of Bitcoin, 50 Bitcoins worth 391 thousand dollars moved. 3 In February 2009, one month after January 2009, the number of people who knew about Bitcoin other than Satoshi Nakamoto was extremely small. It is therefore suspected that Nakamoto himself or someone close to him was directly responsible for the transaction.
Bitcoin inventor Satoshi Nakamoto is rumoured to have 1 million Bitcoins in his account. According to the current value, it makes a fortune of 64 billion 700 million TL:
Although it is not known which Bitcoins are, it is known when which Bitcoin was produced and where and where it was transferred over time. It is only a logical assumption that the Bitcoins produced in the first months were produced by Nakamoto.
Nakamoto's Connection in the 11-Year Movement of Bitcoins
Bitcoin has a massive impact and, as with all inventions, it was not instantly popular when it was invented. It took years for its usage areas to become widespread. Many people became aware of Bitcoin thanks to its sudden rise in 2017. This situation has always been curious about who is the name behind the system that challenges the global economic system. The inventor of Bitcoin never emerged and continued to exist under the name Satoshi Nakamoto by everyone. The realised Bitcoin mobilisation is very important for this reason. People who use a new invention in the first month may be the inventor who founded that system or people who know that inventor. Another possibility is that Satoshi Nakamoto is not one person, but a team of several people. In any case, Bitcoin mobilisation took place within Satoshi's knowledge. This situation excited the markets. The value of Bitcoin fell by approximately $ 500 after this event.
11 Years 50 Bitcoin was produced on 9 February 2009 and had no value at that time. On 9 February 2009, Bitcoin had no market value. It is known that 1 year after this transaction, a man named Laszlo Hanyecz paid for two pizza orders with 10,000 BTC. According to this transaction, it can be stated that 1 BTC had a value of $ 0.002 in May 2010, 1 year after the 50 BTC was produced. On 5 October 2010, Bitcoin's first market value was formed, 1 dollar became equal to 1309.093 BTC. Produced on 9 February 2009 and transferred 11 years later on 20 May 2020, Bitcoins have never moved from the time they did not make sense alone to the present day. On 20 May 2020, when they moved, 1 BTC was worth approximately $ 9,500.
Random Post
![What is Open Source Code?](https://www.fsfpay.com/uploads/What_is_Open_Source_Code.jpg)
What is Open Source Code?...
When we say what is software; The concept of software, which almost everyone interested in technology has a piece of knowledge, is the essence that enables the operation of many...
![Blockchain's Impact on Counterfeit Drug Traffickers](https://www.fsfpay.com/uploads/Blockchains-Impact-on-Counterfeit-Drug-Traffickers.jpg)
Blockchain's Impact on Co...
Afghanistan's Ministry of Health and several local pharmaceutical companies will use the Blockchain developed by Fantom to fight counterfeit drugs. According to Fantom's stateme...
![Buying Coca Cola with Bitcoin!](https://www.fsfpay.com/uploads/Buying_Coca_Cola_with_Bitcoin.jpg)
Buying Coca Cola with Bit...
More than 2,000 Coca-Cola vending machines in Australia and New Zealand recognize Bitcoin (BTC) as a payment option. Coca-Cola Amatil, the brand's largest bottler and distributo...