Cryptocurrency has grown into a global phenomenon in recent years. That said, if you haven’t quite yet caught up with the idea of cryptocurrencies, yet, you’re definitely not alone. There is still much to be learned about this quickly-evolving technology and its capability to disrupt traditional financial systems. The world is still learning crypto, so don’t worry if you haven’t quite “gotten it” yet.
The emergence of digital currencies has been revolutionary, to say the least. That said, it’s also been erratic, with so many changes, edits, and redirections to consider that “newbie” investors often obsess over every minor fluctuation in the market. More communities than ever before are growing their interest in underlying blockchain technology and its revolutionary impact on the modern business model.
Cryptocurrencies became a full-fledged reality with the creation of Bitcoin in January, 2009, and it’s safe to say nothing has ever been the same again. While the mystery and “vibe” attached to Bitcoin brought in a substantial following among the hardcore enthusiasts since, it has also arrested a significant amount of media attention.
In 2013, BTC reached a new summit at $266 per Bitcoin. Then, as investments are wont to do, it took a massive 50% plunge soon after, immediately sparking a debate on where this still-new technology was actually going. What was the future of cryptocurrencies? And how could we all make some serious money off of that future?
The Currency of the Future
2009 saw the launch of message board BitcoinTalk by Satoshi Nakamoto. For the lovers of technical details and stat management, this is where they could gather to communicate with each other and enjoy their newfound favorite pastime. The forum sported multiple boards, all of which focused on increasingly niche topics from Bitcoin mining to trading and BTC economics. With only a few thousand members online at the time, however, there was little activity to show on the forum.
Four years later, in December 2013, Bitcoin had reached over $1,000 in value. It later crash down to $214 per BTC in 2015. BitcoinTalk users began to flock in, en masse, to hash it all out online. From a few thousand, the board reached over 500,000 users, with post numbers reaching all time highs. Members began to be recognized by other users for their valuable contributions to the board itself.
One of those top members was Ako Stark.
A Leader In Crypto Insights
With a total number of posts numbering over 13,000, Stark had created over 250 threads at the time, elaborating detailed information on topics from Bitcoin to the growing field of cryptocurrency. But all good things must come to an end and, after a disagreement with moderators, Stark was permanently removed from the forum. But that wasn’t enough to stop him.
In 2016, he made a post on one of the Facebook groups about creating a new, enhanced version of BitcoinTalk. This new platform would focus not only on Bitcoin, but the other emerging cryptocurrencies of this burgeoning market. This was a key feature not offered by BitcoinTalk. Early in 2016, he officially launched a brand new forum: Crypto Capital. It was a few months later that he would end up shutting it down before, a year later, relaunching the platform under the name CryptoInTalk.
CryptoInTalk
Compared to Crypto Capital, CryptoInTalk featured smoother navigation, a better user experience, and real-time crypto charts, news and educational threads focused on giving value back to users. In the years since, the forum slowly grew alongside Satoshi’s creation. By 2020, BitcoinTalk had surpassed 2.7 million users, while CryptoInTalk sat at 156,000.
As more people adopted the idea of future-based crypto systems, more businesses started to embrace crypto-based payments and news, resulting in a complete outbreak of crypto headlines online. In January 2021, Stark announced a new plan to upgrade CryptoInTalk with a completely new design. Attracting more users than ever before, CryptoInTalk quickly racked up a total of 1.3 million members.
It’s with this in mind that Stark recently announced his platform as the 2nd largest cryptocurrency forum in the world. The cryptocurrency revolution is coming at warp speed and, now more than ever, that is an undeniable fact. Regardless of your investment preferences, this emerging technology will be impacting you and your future business transactions in ways you simply can’t deny anymore.
“This is where forums like CryptoInTalk are critical for the future of cryptocurrency adoption.” said Ako Stark. Despite Bitcoin’s recent issues, its success since launching in 2009 has inspired the creation of alternative cryptocurrencies from Ripple to Litecoin and Etherium. In the future, CryptoInTalk plans to bring the implementation of crypto-exchange and online marketplaces to its platform to become an integral part of the mainstream financial system, satisfying the divergent criteria of this mammoth financial takeover.