Talk:Bitcoin#Price movements citing Coinbase

Page has been vandalized to show invented in 2008, When satoshi started inventing it in 2007, it was released in 2008. Not invented.

- moving unsigned IP contribution to proper location, agree that "invented" is maybe inaccurate description for the publication of a white paper. Selfstudier (talk) 10:06, 22 April 2025 (UTC)

::I personally am ok with invented. I think it is longstanding text. But if you prefer to change it, thats fine. See how other editors feel about it. There was never a blockchain nor a cryptocurrency prior to Satoshi, so I think he is the inventor of it all. Jtbobwaysf (talk) 11:29, 22 April 2025 (UTC)

:::I suppose I am being a bit picky, the history section of Blockchain indicates that the concept itself dates prior although not as a named public crypto, obviously. Selfstudier (talk) 11:54, 22 April 2025 (UTC)

::::Yes, there is earlier work that is considered to be the foundation. But Satoshi is widely cited as the creator of the first public blockchain and the inventer of it. Jtbobwaysf (talk) 22:38, 22 April 2025 (UTC)

:::::The current version is very convoluted and weird. I would like to revert it. "bitcoin was invented in 2008" is backed by dozens of RS:

:::::* [https://www.nytimes.com/2024/03/05/technology/bitcoin-price-record-high.html NYT]: "Bitcoin was invented in the aftermath of the 2008 financial crisis by a mysterious developer using the pseudonym Satoshi Nakamoto."

:::::* [https://www.reuters.com/legal/transactional/cryptocurrency-past-is-prologue-before-after-ftx-2023-01-17/ Reuters]: "Bitcoin was invented around 2008, an evolution of virtual currency and the first "cryptocurrency."

:::::* [https://www.abc.net.au/news/2024-01-23/bitcoin-etf-approval-united-states-asx-next-frontier-crypto/103375418 ABC]: "Bitcoin was invented in 2008 by an unknown creator going by the name Satoshi Nakamoto as a way to store and transmit value over the internet securely without the need for a middleman (like a bank) to validate the transaction."

:::::* [https://www.bloomberg.com/news/articles/2014-06-15/-bitcoin-jesus-calls-rich-to-tax-free-tropical-paradise Bloomberg]: "Bitcoin was invented in 2008 as a currency that could be used without government oversight."

:::::* [https://www.economist.com/science-and-technology/2023/10/04/did-bitcoin-leak-from-an-american-spy-lab The Economist]: "Bitcoin's accepted origin is that it was invented by Satoshi Nakamoto, a pseudonymous coder, who published a paper describing it in 2008 before later vanishing from sight."

:::::* [https://www.ft.com/content/032b95dc-7feb-4a2d-8eac-c71235643c07 Financial Times]: "Bitcoin was invented at the height of the 2008 financial crisis as an alternative to the financial system"

:::::* [https://www.ft.com/content/038168e4-564b-11e5-a28b-50226830d644 Financial Times]: "Bitcoin was invented in late 2008 as a way of making payments without the need for a centralised third-party to track and approve transfers."

:::::* [https://www.wsj.com/articles/keeps-faithand-cashin-bitcoin-1395443074 WSJ]: "Bitcoin was developed in late 2008 by a person or group called Satoshi Nakamoto."

:::::* [https://www.wsj.com/arts-culture/books/the-mysterious-mr-nakamoto-review-cryptocurrencys-ghostly-creator-e09e16ba WSJ]: "In 2008 a cryptocurrency called bitcoin was first proposed in a digital white paper signed by someone who called himself “Satoshi Nakamoto.”"

:::::* [https://www.theguardian.com/technology/2016/may/02/craig-wright-the-reluctant-multimillionaire-behind-bitcoin The Guardian]: "‘Nakamoto’ invented bitcoin by publishing an academic paper in 2008"

:::::* [https://www.rfi.fr/en/international-news/20250120-bitcoin-hits-record-above-109-000-awaiting-trump AFP]: "Bitcoin was conceived in 2008 by a person or group writing under the name Satoshi Nakamoto."

:::::Whether there were other blockchains or not before and whether Satoshi's work was based on others is a different question. (Per Blockchain: "The implementation of the blockchain within bitcoin made it the first digital currency to solve the double-spending problem without the need for a trusted authority or central server."). a455bcd9 (Antoine) (talk) 13:12, 25 April 2025 (UTC)

::::::I don't object to using the word invented, just that it was not used in the article body and I thought it better to match that instead. The only other thing being when it was invented, with the white paper publication in 2008 that used the word Bitcoin in its title or when the first block was mined in 2009. Selfstudier (talk) 13:38, 25 April 2025 (UTC)

:::::::It is clear to me from the section "2008–2009: Creation" that Satoshi invented Bitcoin in 2008. That's enough for me to use "invent" in the lede. If you think it is necessary to use the word "invented" in the body (when we have "creation" and "innovation") then we add it using one of the above RS. a455bcd9 (Antoine) (talk) 14:05, 25 April 2025 (UTC)

::::::::As you prefer, personally I cannot see how the currency can be said to exist in 2008, nor is it difficult to locate sources saying that it was invented/created/whatever in 2009 https://www.britannica.com/question/How-was-cryptocurrency-invented. Still, I'm sure there is some appropriate wording to get around this minor difficulty. Selfstudier (talk) 14:15, 25 April 2025 (UTC)

:::::::::@Selfstudier The currency didn't exist in 2008. But its concept did. It was designed in 2008. That's the invention. This link says that the Bitcoin network was created in 2009. Which is also what we say. But it was invented (designed) in 2008 with the publication of the paper. I think for most/all inventions we consider the publication date as the invention date and then there might be a later implementation date. If for you "invented" means "actually implemented and launched" then indeed that's not the case but the definition of "invented" includes the mere design of something new. a455bcd9 (Antoine) (talk) 14:25, 25 April 2025 (UTC)

{{edit extended-protected|Bitcoin|answered=yes}}

In the "See also" section, please add:

• Sidechain (blockchain)

after the existing entries. MaxBarrera2148 (talk) 20:04, 28 April 2025 (UTC)

This will create a redlink, but sidechains are an important Bitcoin scalability concept, and a future article could be developed. — Preceding unsigned comment added by MaxBarrera2148 (talk • contribs) 20:10, 28 April 2025 (UTC)

:File:X mark.svg Not done for now: please establish a consensus for this alteration before using the {{Tlx|Edit extended-protected}} template. Grayfell (talk) 02:22, 29 April 2025 (UTC)

{{edit extended-protected|Bitcoin|answered=yes}}

I find the section "Use for investment and status as an economic bubble" is unbalanced.

The first paragraph mentions who invested into Bitcoin but rest of the section is only about how Bitcoin bubble, scam, ponzi, not real asset, delusion.

It fails to mention; why these entities and other people invested into Bitcoin and why its opposite.

For this reason I would like to add; {{Unbalanced section|date=April 2025}} Throat0390 (talk) 22:27, 30 April 2025 (UTC)

:File:X mark.svg Not done for now: please establish a consensus for this alteration before using the {{Tlx|Edit extended-protected}} template.

:You are free to continue to discuss relevant changes to the article, but please do not re-open this request until consensus formed. Grayfell (talk) 23:33, 30 April 2025 (UTC)

Why is Bitcoin written lowercase? Luhanopi (talk) 08:23, 2 May 2025 (UTC)

:Per the FAQ at the top (ie consensus). Selfstudier (talk) 12:40, 2 May 2025 (UTC)

::well the mobile version hides templates, didn't notice. Will read FAQ Luhanopi (talk) 12:41, 2 May 2025 (UTC)

:::There is no link to any discussion but will look later Luhanopi (talk) 12:42, 2 May 2025 (UTC)

::::See: Talk:Bitcoin/Archive_41#Capitalisation_(bitcoin_vs_Bitcoin) a455bcd9 (Antoine) (talk) 10:10, 3 May 2025 (UTC)

The section on unit denominations is very outdated. It should include this table:

See: https://en.bitcoin.it/wiki/Units — Preceding unsigned comment added by Flixq (talk • contribs)

:Do you have a WP:RS for that? a455bcd9 (Antoine) (talk) 14:49, 19 May 2025 (UTC)

:They provided the RS for that. Jfklees (talk) 20:03, 27 May 2025 (UTC)

::Bitcoin wiki isn't an RS. Vgbyp (talk) 08:43, 28 May 2025 (UTC)

This article, based on a book, states that Bitcoin can be traced: https://getpocket.com/explore/item/how-a-27-year-old-codebreaker-busted-the-myth-of-bitcoin-s-anonymity . Should this be added to the article? 136.36.176.51 (talk) 17:58, 21 May 2025 (UTC)

:The article states that Bitcoin is pseudonymous, not anonymous. It also doesn't claim that Bitcoin is untraceable. Vgbyp (talk) 11:01, 22 May 2025 (UTC)