Exactly Today the First Bitcoin Block Was Mined, 13 Years Ago!
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- Only the block subsidy of 50 bitcoins is included in the block.
- Most people believe Bitcoin’s birth is six days after.
The “Genesis Block” anniversary falls on January 3 today. Today marks the 13th anniversary of the publication of Block Zero, which was little noticed at the time but is now an important element of the mythology around Bitcoin.
Since it serves as an “anchor” in time, the Genesis Block does not represent the “birthday” of Bitcoin in the traditional sense. Most people believe Bitcoin’s birth is six days after the first block was mined using the Bitcoin software Block #1.
Only the block subsidy of 50 bitcoins is included in the block. Today, the value of those 50 bitcoins is $0. This means that their value is exactly what a bitcoin was worth on January 3, 2009, and they cannot be spent or transferred.
Famous Analyst Views
Investors looking to buy Bitcoin should pay attention to the asset’s present resistance and support levels, according to cryptocurrency trading expert Michael van de Poppe.
Poppe said in a video on YouTube that Bitcoin’s recent losses must be recovered before beginning a positive trend. He noted that the asset has a good platform for recovery losses. Since it trades slightly above the $47,000 mark with a $46,000 support base. But Poppe feels that despite the support, bitcoin is still stuck in a downward trading direction.
According to CoinMarketCap, the Bitcoin price today is $46,710.87 USD with a 24-hour trading volume of $33,085,772,907 USD. Bitcoin has been down 1.93% in the last 24 hours.
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