{"id":55443,"date":"2022-01-01T07:00:00","date_gmt":"2022-01-01T05:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55443"},"modified":"2025-09-04T01:25:56","modified_gmt":"2025-09-03T22:25:56","slug":"the-disappearance-of-satoshi-nakamoto-and-meme-cryptocurrencies-forklogs-2021-most-read-pieces","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/the-disappearance-of-satoshi-nakamoto-and-meme-cryptocurrencies-forklogs-2021-most-read-pieces\/","title":{"rendered":"The Disappearance of Satoshi Nakamoto and Meme Cryptocurrencies: ForkLog’s 2021 Most-Read Pieces"},"content":{"rendered":"
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In 2021, Bitcoin reached a new high above $68,000. An unprecedented frenzy surrounded NFTs, GameFi, and meme cryptocurrencies.<\/p>\n

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We will cover this and more in our wrap-up pieces, but for now let us view the industry through the reader\u2019s eye. We have gathered ForkLog\u2019s most-read and most-discussed materials of 2021.<\/p>\n

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Top 10 News<\/h2>\n

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Pizza delivery driver cashes out tips in Bitcoin that had sat since 2013<\/p>\n

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Back in 2013, one customer offered the pizza delivery driver a tip choice: $5 in cash or 0.0069 BTC (~$5 at the rate at the time) on [simple_tooltip content=\u2019sheet of paper with the private key to the cryptocurrency wallet written on it\u2019]paper wallet[\/simple_tooltip].<\/p>\n

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Choosing the cryptocurrency, the driver held onto it for seven years and decided to cash out when the amount reached $320.<\/p>\n

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Blogger estimates cost of a Chia mining rig ahead of trading launch<\/p>\n

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In the first half of the year, the cryptocurrency Chia (XCH), mined using free disk space, gained particular popularity.<\/p>\n

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Readers were most interested in the cost of a hard-drive-based rig to mine the coin. A blogger calculated that to earn 1 XCH in 18 hours would require 200 TB of storage costing over $15,800.<\/p>\n

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Robert Kiyosaki: the largest crash in history is coming, Bitcoin at $24,000 expected<\/p>\n

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Entrepreneur Robert Kiyosaki in June perplexed the community with a forecast of \\”the largest crash in world history\\” and a forecast that Bitcoin would fall to $24,000. He also noted that market downturns are the best times to get rich.<\/p>\n

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By the way, that forecast did not come to pass; Bitcoin did not fall below $29,700 in 2021.<\/p>\n

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Binance suspended withdrawals<\/p>\n

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Readers were unsettled by the sudden suspension of withdrawals from the Binance exchange in May. This followed soon after the launch of Shiba Inu trading, a meme-coin clone of Dogecoin.<\/p>\n

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The resumption of operations occurred on the same day, but platform representatives did not disclose the reasons for the incident.<\/p>\n

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Unknown address moved 2,189 BTC that had sat idle since 2013<\/p>\n

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On February 24, 2,189 BTC (~$107.2 million at the time) that had sat idle since 2013 moved. Since then their value has grown 583-fold. The following day, February 25, an unknown person moved 100 BTC from addresses dormant since June 2010.<\/p>\n

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Analysts concluded that, with a high probability, Bitcoin\u2019s creator Satoshi Nakamoto had nothing to do with these transactions.<\/p>\n

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A Russian individual bought Bitcoin and Cosmos with money saved from school lunches. The value of the holdings rose to 37 million rubles<\/p>\n

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A 24-year-old Russian bought Bitcoin and Cosmos with money saved from school lunches. At the start of 2021, the value of his assets rose to 37 million rubles.<\/p>\n

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He said he intends to wait until his balance reaches $1 million, after which he plans to withdraw the funds and invest in various asset classes, including ETFs and commercial real estate.<\/p>\n

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Ethereum crossing $3,000 pushes Vitalik Buterin into the billionaire ranks<\/p>\n

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Ethereum co-founder Vitalik Buterin joined the ranks of billionaires after Ether crossed the $3,000 mark in May.<\/p>\n

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The Finiko pyramid suspended payouts and demanded users\u2019 personal data<\/p>\n

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In July, the Finiko financial pyramid suspended payouts and demanded users\u2019 personal data. Later, the pyramid\u2019s founder Kirill Doronin stated that he had lost access to users\u2019 accounts. A criminal case has since been opened against the organizers for fraud on a large scale.<\/p>\n

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ForkLog tracked the chronology of the pyramid\u2019s exit-scam and the fate of its founders.<\/p>\n

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Blockchain.com users temporarily lost access to wallets due to a fire<\/p>\n

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In March, Blockchain.com users temporarily lost access to wallets due to a fire. The team redirected wallet activity to other data centres and managed to resolve the outage. The company\u2019s infrastructure and users\u2019 funds were not affected.<\/p>\n

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Trader turns $5,000 into $135,000 on Ethereum scalping<\/p>\n

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During Ethereum\u2019s volatility in May, a Twitter user made 27x by actively trading ETH\/USDT perpetual contracts.<\/p>\n

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Using a scalping strategy [simple_tooltip content=\u2019serial opening of positions with closing after a few minutes (seconds)\u2019]scalping[\/simple_tooltip], he increased the initial $5,000 to $135,000.<\/p>\n

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Top 10 Exclusives<\/h2>\n

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Satoshi\u2019s Final Days: What Happened When the Bitcoin Creator Vanished<\/p>\n

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Ten years after the disappearance of Bitcoin\u2019s creator Satoshi Nakamoto, in April 2021 journalist Pete Rizzo told the story of his last actions before handing the project to a developer community led by Gavin Andresen.<\/p>\n

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Adapted translation of this article became the most popular piece in the Exclusives category.<\/p>\n

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What is NFT?<\/p>\n

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The wave of popularity of non-fungible tokens (NFTs prompted ForkLog to provide a detailed breakdown. In our \\\\”Cards\\\\” section, we explained the terminology and features of this asset class in plain terms.<\/p>\n

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Total regulation and Bitcoin correction: Crypto experts’ forecasts for 2021<\/p>\n

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Forecasts come true, except when they don\u2019t. That aside, discussing the potential trajectory of the industry and Bitcoin price movements is a sacred duty.<\/p>\n

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Crypto experts’ forecasts for 2021 ranked third in the Exclusives category.<\/p>\n

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Hashrate collapse, overheated market, and cascading liquidations: what triggers Bitcoin price declines<\/p>\n

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In this piece we examine whether there is a correlation between hashrate and price, and other factors influencing the value of digital gold.<\/p>\n

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Elon Musk, the altseason and the power of the crowd: what is the Dogecoin phenomenon?<\/p>\n

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In 2021, a once half-forgotten meme coin, Dogecoin, surged into the top 10 by market cap. The billionaire Elon Musk played a significant role in DOGE\u2019s hype.<\/p>\n

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We explored the Dogecoin phenomenon in this piece.<\/p>\n

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Experts assess the prospects for the altseason<\/p>\n

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After a short-term correction in April, when the market again targeted growth, we discussed with experts the prospects for the altseason and coins worthy of close attention.<\/p>\n

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Satoshi\u2019s worst nightmare or a financial revolution: what Bitcoin\u2019s legalization in El Salvador could mean<\/p>\n

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Bitcoin\u2019s recognition as a legal tender in El Salvador marked one of 2021\u2019s turning points. This piece brought together voices who see the country\u2019s move as a win for the industry and those who called the development \\”Satoshi\u2019s worst nightmare.\\”<\/p>\n

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What is Polkadot?<\/p>\n

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An educational card on Polkadot, a technology designed to increase interoperability among blockchains, became the second-most popular piece in this section for 2021.<\/p>\n

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Last year, developers introduced an innovative model of project support \u2014 parachain slot auctions.<\/p>\n

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MicroStrategy: what lies behind the big Bitcoin bet<\/p>\n

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The publicly traded company MicroStrategy, which has plunged into the Bitcoin space, has set the rules of the game for many large investors.<\/p>\n

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The author examines potential hidden motives behind the company\u2019s large bet on driving Bitcoin higher.<\/p>\n

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On the road to the metaverse: how the GameFi industry is developing<\/p>\n

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Axie Infinity\u2019s explosive growth has shown the prospects of the GameFi industry. The metaverse-building trend is likely to carry over into 2022.<\/p>\n

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What do readers like?<\/h2>\n

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In 2021, your attention was fixed on Bitcoin price moves and various meme-tokens. You were interested in major scams, moves of older coins, and the prospect of getting rich through trading.<\/p>\n

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Popular topics included groundbreaking legislative initiatives and exchange outages.<\/p>\n

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In the new year, ForkLog will continue to report industry news promptly, deliver high-quality analysis and educational material. Stay with us! Happy New Year!<\/p>\n

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Time to view the industry through readers’ eyes \u2014 we have gathered ForkLog’s most-read and most-discussed materials of 2021.<\/p>\n","protected":false},"author":1,"featured_media":55444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"2","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[1144],"tags":[2278,1741],"class_list":["post-55443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-longreads","tag-bitcoin-2021","tag-forklog-news"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"2","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=55443"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55443\/revisions"}],"predecessor-version":[{"id":55445,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55443\/revisions\/55445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/55444"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=55443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=55443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=55443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}