Bitcoin started a revolution that continues to change the financial world as we know it. 2013 was a rather interesting time for Bitcoin. Here are a few of the events that took place:-
There was no doubt that the interest in Bitcoin was growing, particularly amongst a group of Stanford University students. Towards the end of 2013, Stanford University officials were confused as to why 10% of the energy used in a dormitory seem to be consumed by one room. After kicking down the door, they found the room “hotter than a sauna” generated by the running machines.
It turned out that students had started a Bitcoin Mine – Griffin 304. As it happened, Bitcoin early adopter and venture capitalist Tim Draper gave a talk at Stanford during 2013 sparking excitement and entrepreneurial spirit amongst the students. The interest in Bitcoin spread like wildfire, hence the undercover Bitcoin Mining operation. The people involved in this group are now CEO’s of their own crypto companies…
The Stanford Bitcoin Mafia was born.
Read the full article – The Stanford Bitcoin Mafia
Read more here – Bitcoin mining rig in their dorm room
Back in 2011, Bitcoin fever was felt in Idaho too when a teenage visionary decided to invest in Bitcoin when the value was just $12 per coin. He received a monetary gift of $1000 from his grandmother and a hot tip from his brother to buy Bitcoin which prompted him to invest in cryptocurrency. This investment turned Erik Finman into a Bitcoin Millionaire and winning his bet with his parents.
Read full story here – How $1000 Gift turns Teenager into Bitcoin Millionaire
Now fast forward to the end of 2017… Bitcoin and cryptocurrency has the ability to affect emotions such as fear, resistance, excitment and FOMO (Fear Of Missing Out).
Recently we saw the craziness of Bitcoin Investors when FOMO gripped many as they mortgated their homes or maxed out their credit cards.
