 | I was curious about what was the first ever BTC exchange, and it surprised me that it wasn't the NewLibertyStandard as I thought it was, and decided to share with you folks. BitcoinMarket was the first Bitcoin exchange ever. Whereas people could buy BTC on NewLibertyStandard since 2009, this was a much simpler service. On BitcoinMarket, it was the first time people could actually trade BTC as we do today in the main exchanges. The service was proposed on the Bitcointalk forum by user dwdollar: People in the forum were quite receptive about the idea. As the title says, you could buy 333 BTC at the time the exchange was live. A fun fact: user sehrgut couldn't withdraw his BTC because they only had 100 BTC in their account: This is how the site looked: You could buy BTC with your PayPal account for the first time ever. But then Mt. Gox appeared and took over the market. There were also allegations of fraud, and PayPal blacklisted them, leading them to shut down the service. We can accurately say that exchanges have been falling down since the very early days. I just hope that some of these folks held some of their BTC. [link] [comments] |
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