Lecture 12 — History of Cryptocurrencies [Bonus lecture]

Bonus lecture by Jeremy Clark due to popular interest.

[yuzhan]

<I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.The market is very unstable and you can not tell if it's going bearish or bullish.While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket, I would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by expert trader Marcus Chun.

[sanisidrocr]

Thanks, very informative and interesting .. a few things new I learned from this.

[michaelklein]

Interesting Series and I appreciate all the time all the instructors put into this. For me, it was too technical for my interests. All i am interested in is purchasing Bitcoin and other cryptocurrencies that I deem worth investing into after I have completed any due diligence on them. I wish to buy these currencies in small amounts and likely keep them on my smartphone or moved to a USB or likely placed into Cold Storage. Currently I desire it as an investment tool versus buying and selling and purchasing products or services. I have searched throughout YouTube and have been unable to find a simple step by step process where I have ZERO currencies and desire to purchase and them move to cold storage. I have found numerous videos about Paper Wallets or Desktop/mobile wallets and move those offline. However these all assume I ALREADY have coins somewhere, i.e. exchanges, etc. but I have not found any videos that start with, I HAVE NOTHING, get a wallet to transfer $USD from my bank to said wallet and place it into cold storage.
Do you have any recommendation for this simplistic exercise?

[shymaaarafat]

-In min32 with 2parts serial number compared to min33 with 10pairs of 2parts serial number, as u decrease the probability of missing the identity in case of double spending u also increase the probability of revealing the identity in any case (this is the probability that the bank will have the 2parts in any case not just double spending, or am I getting it wrong?)
.
-From latter sections,
*I agree with the person who said Hashcash is where the idea of Bitcoin came from, it is the first thing that used the solving puzzle idea using Cryptographic fn. as a proof of work, yes there are differences but that's what we call extension/progress/evolving of an idea .. improve, solve problems, and add more applications.
*As for time stamping, the main idea he took from them is clearly the data structure that best suits the application (Bitcoin); but the idea of putting a time stamp some how has been there from so long before in computer engineering.
*for BitGold yes there are similarities, again the fact that Bitcoin solves problems in it means it is an improvement. However I don't see where is the problem of the publishing date, even if it is 2005 it is still before Satoshi white paper 2008.
-It doesn't make him less to appreciate previous ideas that led to the Bitcoin break thru.

[guldamkwak]

sound is too small. could you volume up them? thansk!