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Bitcointalk

Bitcointalk
Type of site
Forum
Available inMultilingual, primarily English
WebsiteWelcome post by Satoshi
Alexa rankIncrease 900 (Global, January 2018)[1]
AdvertisingBanner ads
Launched2009

Bitcointalk is a forum about bitcoin, initially created by Satoshi Nakamoto the inventor of Bitcoin on Nov 22, 2009 and was head administrator until almost 2011. Then Sirius was head administrator until 2012. The forum is owned and operated by "Theymos" since 2012.

History

Satoshi Nakamoto created the bitcointalk forum and posted the first message in 2009 under the pseudonym "satoshi".

The first bitcoin transaction took place at the forum, when software programmer Lazlo Hanyecz offered 10,000 bitcoins to purchase pizza, three days later a deal could be arranged to purchase two pizzas.[2][3]

The commonly used cryptocurrency-trader meme "HODL" originated from a 2013 bitcointalk forum post.[4][5]

Topics

Initial coin offerings are sometimes announced at the forum.

A 2016 study by researchers from the University of New Mexico, and University of Tulsa, Oklahoma identified 1780 scams, based on forum reports.[6] There is a demand for more privileges for older user accounts. Traded accounts were reportedly used to scam people.

Controversies

Alleged mishandling of donations

In 2014, Theymos announced Bitcointalk has been paying a Hawaii-based software company Slickage Studios US$100,000 per month to develop improved forum software.[7] As of April 2019, there have been no noticeable improvements to the software and many users, including some large donors, have expressed concern that Theymos is mismanaging the forum's donations. At least one of the four developers of Slickage Studios is also a Blockstream employee, which has also raised more concerns about a potential conflict of interest.[7]

References

  1. ^ "bitcointalk.org Traffic Statistics". Alexa Internet. Retrieved January 29, 2018.
  2. ^ "8 surprising places where you can pay with bitcoin". Business Insider. December 12, 2017.
  3. ^ "If You Bought $5 of Bitcoin 7 Years Ago, You'd Be $4.4 Million Richer". Fortune. May 22, 2017.
  4. ^ "Will This Battle For The Soul Of Bitcoin Destroy It?". Forbes. October 23, 2017.
  5. ^ "The Only Good Bitcoin Advice Is Four Years Old Today". Motherboard Vice. October 18, 2017.
  6. ^ "A new bitcoin Ponzi scheme or scam pops up almost every day". New Scientist. January 4, 2018.
  7. ^ a b Young, Joseph (2016-10-07). "Controversy Over Bitcoin Forum Funds Involves Greg Maxwell, Warren Togami, Theymos and Blockstream". Cointelegraph. Retrieved 2019-04-07.

External links