Bitcoin market, history and myths
Topic 12 · 18 cards
Bitcoin market, history and myths
Understand bitcoin prices, buying decisions, key historical events, and common myths.
Card 141 · Explorer
What does it mean that the Bitcoin price is volatile?
Card 142 · Explorer
What does it mean to act out of FOMO when investing?
Card 143 · Navigator
What can happen if you buy or sell bitcoin out of fear or euphoria?
Card 144 · Explorer
What does DCA mean when buying bitcoin?
Card 145 · Navigator
Why can it be a bad idea to buy bitcoin with money you will need soon?
Card 146 · Navigator
Why can it help to have a plan before buying bitcoin?
Card 147 · Navigator
Which description best reflects how 'HODL' is used in the Bitcoin context?
Card 148 · Navigator
Which statement about bull and bear markets is most accurate?
Card 149 · Navigator
If someone copies Bitcoin's code and creates another currency from it, have they created a second Bitcoin?
Card 150 · Captain
Which statement links Bitcoin and time preference most cautiously without claiming a certain causal effect?
Card 151 · Navigator
Which chronological order of early Bitcoin milestones is correct?
Card 152 · Navigator
What did Satoshi Nakamoto write in the first Bitcoin block?
Card 153 · Explorer
To whom did Satoshi Nakamoto send the first known Bitcoin transfer between two people?
Card 154 · Explorer
What did Laszlo Hanyecz receive for 10,000 BTC in May 2010?
Card 155 · Explorer
What happened to the Bitcoin exchange Mt. Gox in 2014?
Card 156 · Explorer
Which cryptocurrency emerged from Bitcoin's hard fork on 1 August 2017?
Card 157 · Explorer
Which country was the first to adopt Bitcoin as legal tender in 2021?
Card 158 · Navigator