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The annual gold shopping that is Black Friday is here, and for the sixth consecutive year it will also come to the bitcoin cryptocurrency owners.
The unofficial beginning of the Christmas shopping season comes at a turbulent bitcoin moment, coming at the end of a week of dramatic rebates, although this has not deterred online retailers who are hoping to cash in the cryptocurrency.
"While most consumers pour into supermarkets and retail stores, in the corners of the Internet there is a silent revolution," says Bitcoin's Black Friday website, which says it will publish all the best merchant offers today.
"Bitcoin Black Friday is a one-day event that brings together bitcoin and bitcoin merchants – traders simply list their exclusive bitcoin offers and users can check all offers in one place. qualities that deal with the bitcoin community ".
1/8 Satoshi Nakamoto creates the first bitcoin block in 2009
On January 3, 2009 the bitcoin genesis block appeared. It was less than a year after the pseudonym creator Satoshi Nakamoto described the cryptocurrency in a document titled "Bitcoin: a peer-to-peer electronic payment system"
Reuters
2/8 Bitcoin is used as currency for the first time
On May 22, 2010 the first bitcoin transaction took place in the real world. Lazlo Hanyecz bought two pizzas for 10,000 bitcoins – the equivalent of $ 90 million at today's prices
Lazlo Hanyecz
3/8 Silk Road opens to business
Bitcoin soon gained notoriety for its use on the obscure web. The Silk Road market, established in 2011, was the first of hundreds of sites to offer illegal drugs and services in exchange for bitcoins
4/8 The first bitcoin ATM will appear
On October 29, 2013 the first bitcoin ATM was installed in a coffee shop in Vancouver, Canada. The machine allowed people to exchange bitcoins in cash
REUTERS / Dimitris Michalakis
5/8 The fall of MtGox
The world's largest bitcoin exchange, MtGox, filed for bankruptcy in February 2014 after losing nearly 750,000 of its bitcoin customers. At the time, it was about 7% of all bitcoins and the market inevitably crashed
Getty Images
6/8 The real Satoshi Nakamoto would get up, please
In 2015, Australian police broke into Craig Wright's home after the businessman claimed to be Satoshi Nakamoto. Then terminate the complaint
Getty Images
7/8 The great division of Bitcoin
On 1 August 2017, an unsolvable dispute within the bitcoin community saw the division of the network. The fork of bitcoin's underlying blockchain technology has generated a new cryptocurrency: Bitcoin money
REUTERS
8/8 Bitcoin price sky rockets
Towards the end of 2017, the price of bitcoin rose to almost $ 20,000. This represented an increase of 1,300% compared to its price at the beginning of the year
Reuters
1/8 Satoshi Nakamoto creates the first bitcoin block in 2009
On January 3, 2009 the bitcoin genesis block appeared. It was less than a year after the pseudonym creator Satoshi Nakamoto described the cryptocurrency in a document titled "Bitcoin: a peer-to-peer electronic payment system"
Reuters
2/8 Bitcoin is used as currency for the first time
On May 22, 2010 the first bitcoin transaction took place in the real world. Lazlo Hanyecz bought two pizzas for 10,000 bitcoins – the equivalent of $ 90 million at today's prices
Lazlo Hanyecz
3/8 Silk Road opens to business
Bitcoin soon gained notoriety for its use on the obscure web. The Silk Road market, established in 2011, was the first of hundreds of sites to offer illegal drugs and services in exchange for bitcoins
4/8 The first bitcoin ATM will appear
On October 29, 2013 the first bitcoin ATM was installed in a coffee shop in Vancouver, Canada. The machine allowed people to exchange bitcoins in cash
REUTERS / Dimitris Michalakis
5/8 The fall of MtGox
The world's largest bitcoin exchange, MtGox, filed for bankruptcy in February 2014 after losing nearly 750,000 of its bitcoin customers. At the time, it was about 7% of all bitcoins and the market inevitably crashed
Getty Images
6/8 The real Satoshi Nakamoto would get up, please
In 2015, Australian police broke into Craig Wright's home after the businessman claimed to be Satoshi Nakamoto. Then terminate the complaint
Getty Images
7/8 The great division of Bitcoin
On 1 August 2017, an unsolvable dispute within the bitcoin community saw the division of the network. The fork of bitcoin's underlying blockchain technology has generated a new cryptocurrency: Bitcoin money
REUTERS
8/8 Bitcoin price sky rockets
Towards the end of 2017, the price of bitcoin rose to almost $ 20,000. This represented an increase of 1,300% compared to its price at the beginning of the year
Reuters
The fall in the price of bitcoins over the past few days has led some cryptocurrency analysts to joke about the fact that Bitcoin went on sale, just in time for Black Friday.
The bitcoin has plummeted by about $ 2,000 in the last week, marking the latest losses in a turbulent year for the world's leading cryptocurrency.
Nigel Green, founder and CEO of the financial services company deVere Goup, recently said that the recent price collapse has created a market for buyers.
"Experienced investors understand that digital currencies are the future of money and, as such, will capitalize lower prices to build their portfolios and strengthen their positions," said Green.
"Prices may fall further in the coming days, but we can expect a long-term upward trajectory for the encrypted sector."
Some bitcoin exchanges also offer bitcoin giveaways in an attempt to lure people to their platforms.
CoinCorner, an exchange with Isle of Man, distributes 20 pounds of bitcoins to new customers starting Thursday, November 22, provided that they register and buy £ 100 worth of cryptocurrency.
"Our mission is to make the purchase of bitcoins easy and fast for everyone," wrote CoinCorner co-founder Danny Scott in an e-mail to L & # 39; Independent. "We are pleased to offer new cryptocurrency users a fantastic offer that will give them a great first experience in the bitcoin world."
Bitcoin BitPay payment processor has seen huge payment spikes on its network on Black Friday in previous years.
Finally, another company called Crypto even went so far as to publish a song for this year's event.
Set to Rebecca Black's "Friday" notes, the lyrics include: "They do not take cryptocurrency, they should take cryptocurrency, I'm sorry sir, what currency would you take?"
The chorus concludes: "Everyone adopts bitcoins, do not be weird … They will not accept my BitPay, what is the point of sales of Black Friday for the losers?"
