On January 3, 2009, at 18:15:05 hours (GMT) the first block of the Bitcoin block chain is generated. It is the Genesis block and it is at that moment exactly when the Bitcoin network starts to work.
Six days after extracting the first block, on January 9, 2009, Satoshi Nakamoto sent an email "announcing the first version of Bitcoin, a new electronic money system that uses a peer-to-peer network in which double double spending of a digital asset was not possible. It is completely decentralized and without any central server or authority "and in which it explained how to download the software from Bitcoin.org, domain that had been purchased on August 18, 2008.
That domain had been used for the first time on November 1, 2008 to publish the paper entitled "Bitcoin: A Peer-to-Peer Electronic Cash System" and that Nakamoto had announced on the cryptography mailing list meltzdown.com.
The first block had a reward of 50 bitcoins, called coinbase for the rewards of the new blocks, and was received by the public address Bitcoin 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa. Those bitcoins can not be spent for a technical detail of how the Genesis block was generated. If we analyze that address today, and all the movements that have been in it since the first 50 bitcoins entry was generated on January 3, 2009, we can see all the movements have been revenues and that have never been removed bitcoins of that account.
The Genesis block is the collective admiration for the achievements of Satoshi Nakamoto in the Bitcoin community because, for someone to have the ability to prove that he is Satoshi Nakamoto, he would only have to sign a message with a bitcoin generated from the Genesis block with his private key and that would most likely prove to be Satoshi, if no one had extracted his private key before.
The Genesis block also contains this phrase "The Times 03 / Jan / 2009 Chancellor on brink of second bailout for banks". All the miners who manage to mine a new block have the ability to insert a text in the block and it seems that Satoshi decided to use this The Times headline to demonstrate that the first block was not generated before January 3, 2009. The newspaper in issue has become a collector's item among fans and it seems that the newspaper is no longer in the market unless it is at exorbitant prices.
Is this a crypto signal?
99p + chain + cuts + price + levels = 47
On January 3, 2018, at 05:34 am GMT, Earth at its closest point, or PeriHelion, swings to within 91,401,983 miles (147,097,233 km) of the sun.
Is this a crypto coincidence?
