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BitcoinHistory

January 3, 2007

Satoshi Nakamoto… the legend

Satoshi Nakamoto… the legend

According to legend, Satoshi Nakamoto began working on the Bitcoin concept in 2007. While he is on record as living in Japan, it is speculated that Nakamoto may be a collective pseudonym for more than one person. He has said in a P2P foundation profile that he is from Japan...Read More

November 9, 2008

The Bitcoin Project hits SourceForge

The Bitcoin Project hits SourceForge

The Bitcoin project is registered on SourceForge.net, a community collaboration website focused on the development and distribution of open source software.

August 18, 2008

Domain name Bitcoin.org is registered

Domain name Bitcoin.org is registered

Bitcoin.org is born! The domain was registered at anonymousspeech.com, a site that allows users to anonymously register domain names and currently accepts Bitcoins.

October 31, 2008

The Famous white paper published

The Famous white paper published

Satoshi Nakamoto publishes a design paper through a metzdowd.com cryptography mailing list that describes the Bitcoin currency and solves the problem of double spending so as to prevent the currency from being copied.

January 3, 2009

The Genesis Block is mined

The Genesis Block is mined

Block 0, the genesis block, is established at 18:15:05 GMT, with the very peculiar message embedded: The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.

October 5, 2009

An exchange rate is established

An exchange rate is established

New Liberty Standard publishes a Bitcoin exchange rate that establishes the value of a Bitcoin at US$1 = 1,309.03 BTC, using an equation that includes the cost of electricity to run a computer that generated Bitcoins.

January 9, 2009

Version 0.1 of Bitcoin is relased

Version 0.1 of Bitcoin is relased

The first version of Satoshi’s client, includes only a command line interface and is so complete that it furthers speculation that it was developed by more than one person (or by an academic with little programming experience and a great deal of theoretical know-how). It includes a Bitcoin generation system..Read More

January 12, 2009

The first Bitcoin transaction

The first Bitcoin transaction

The first transaction of Bitcoin currency, in block 170, takes place between Satoshi and Hal Finney, a developer and cryptographic activist. Hal Finney was the recipient of the first Bitcoin transaction. Finney has a long involvement in the crypto community. For years, he worked with the PGP Corporation developing one..Read More

October 1, 2010

Financial task force issues warning

Financial task force issues warning

The Financial Action Task Force, an inter-governmental group that develops and promotes policies to prevent money laundering and funding of terrorists, publishes Money Laundering Using New Payment Methods, to warn about the use of digital currencies to finance terrorist groups.

November 6, 2010

Market cap exceeds $1 million USD

Market cap exceeds $1 million USD

Calculated by multiplying the number of Bitcoins in circulation by the last trade on MtGox, the Bitcoin economy exceeds US$1 million. The price on MtGox reached US$0.50/BTC.

October 7, 2010

Stalled Bitcoin value begins climb

Stalled Bitcoin value begins climb

The Bitcoin exchange rate, stalled at US$0.06/BTC for several months, begins to climb.

July 11, 2010

Slashdot drives surge in Bitcoin users

Slashdot drives surge in Bitcoin users

Mention of Bitcoin Client version 0.3 on slashdot brings in a large number of new Bitcoin users.

July 12, 2010

Bitcoin value increases tenfold

Bitcoin value increases tenfold

Over a five day period beginning on July 12, the exchange value of Bitcoin increases ten times from US$0.008/BTC to US$0.080/BTC.

July 17, 2010

MtGox is established

MtGox is established

The MtGox Bitcoin currency exchange market is established by Jed McCaleb.

September 18, 2010

Slush Pool mines its first block

Slush Pool mines its first block

Bitcoin Pooled Mining (operated by slush), a method by which several users work collectively collaborate in efforts to mine Bitcoins and share in the benefits, mines its first block.

May 22, 2010

10,000 BTC spent on pizza

10,000 BTC spent on pizza

The first, real-world transaction using Bitcoins takes place when a Jacksonville, Florida programmer, Laszlo Hanyecz, offers to pay 10,000 Bitcoins for a pizza on the Bitcoin Forum. At the time, the exchange rate put the purchase price for the pizza at around US$25.

June 2, 2011

Bitcoin reaches $10 on MtGox

Bitcoin reaches $10 on MtGox

At MtGox, the exchange rate touches US$10 per BTC.

February 3, 2011

Silk Road opens for business

Silk Road opens for business

Silk Road, a Bitcoin marketplace, launches an illicit marketplace for drug deals, called the eBay for drugs.

March 6, 2011

MtGox is sold

MtGox is sold

Jed McCaleb sells the MtGox website to Japan’s Tibanne Company, run by Mark Carpeles. A new high of nearly 900Ghash/sec total Bitcoin network computation speed is reached. Jed McCaleb goes on to later found the coins XRP and Stellar, currently in position #3 and #5 by total market capitalization.

June 8, 2011

Bitcoin reaches all-time high

Bitcoin reaches all-time high

The price of a Bitcoin on MtGox reaches an all-time high of US$31.91 with a market capitalization of around US$206 million.

February 9, 2011

Bitcoin reaches parity with US dollar

Bitcoin reaches parity with US dollar

Bitcoin touches US$1.00/BTC at MtGox, reaches parity with the US dollar for the first time.

June 12, 2011

The Great Bubble of 2011

The Great Bubble of 2011

In the largest percentage price decrease to-date, the MtGox Bitcon exchange rate plummeted to nearly US$10, just four days after its peak at US$31.91. The incident became known as the Great Bubble of 2011.

February 14, 2011

Vehicle offered for Bitcoins

Vehicle offered for Bitcoins

An Australian member of the Bitcoin Forum attempts to sell his 1984 Celica Supra for 3000 BTC, and becomes the first person to offer a vehicle in exchange for Bitcoins.

June 14, 2011

WikiLeaks starts accepting Bitcoin

WikiLeaks starts accepting Bitcoin

WikiLeaks begins accepting anonymous Bitcoin donations.

April 16, 2011

TIME publishes article on Bitcoin

TIME publishes article on Bitcoin

TIME magazine publishes an article about Bitcoin and how Online Cash Bitcoin Could Challenge Governments, Banks. http://techland.time.com/2011/04/16/online-cash-bitcoin-could-challenge-governments/

March 18, 2011

A six-week slow hits the exchanges

A six-week slow hits the exchanges

A six-week low of nearly US$0.70/BTC exchange rate is reached after a decline following the US$1.00/BTC high on February 9 and a short burst of sales of Bitcoin at lower prices (that may have been automated).

June 20, 2011

EFF stops accepting Bitcoin

EFF stops accepting Bitcoin

The Electronic Frontier Foundation (EFF) discontinues the acceptance of donations in the form of Bitcoins for reasons of legal uncertainties.

April 23, 2011

Bitcoin passes parity with Euro

Bitcoin passes parity with Euro

On MtGox, the BTC/USD exchange rate reaches and passes parity with the Euro and the British Sterling Pound. The value of Bitcoin money stock passes US$10 million.

November 25, 2011

2011 Bitcoin and Future Technology European Conference

2011 Bitcoin and Future Technology European Conference

The 2011 Bitcoin and Future Technology European Conference is held in Prague, Czech Republic.

January 28, 2011

25% of total Bitcoins generated

25% of total Bitcoins generated

With the generation of Block 105000, 5.25 million Bitcoins have been generated, totalling more than 25 percent of the projected total of almost 21 million.

April 30, 2011

Difficulty surpasses 100,000

Difficulty surpasses 100,000

The Bitcoin generation difficulty surpasses 100,000.

June 1, 2012

Coinbase is founded

Coinbase is founded

Coinbase, a bitcoin wallet and platform, is founded in San Francisco, California.

May 8, 2012

SatoshiDICE responsible for over half of Bitcoin transaction volume

SatoshiDICE responsible for over half of Bitcoin transaction volume

SatoshiDICE becomes responsible for more than half the Bitcoin blockchain transaction volume.

April 24, 2012

FBI report on Bitcoin leaked

FBI report on Bitcoin leaked

An April 24, 2012 FBI report entitled Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity is leaked and brought attention to concerns that Bitcoin payment methods could facilitate illegal transactions for weapons and narcotics.

February 27, 2012

Bitcoin Magazine launches

Bitcoin Magazine launches

Bitcoin Magazine launches with articles about Bitcoin and crypto-currency.

September 27, 2012

Bitcoin Foundation begins

Bitcoin Foundation begins

The Bitcoin Foundation is formed, implementing a core development team for the protocol and a body to oversee the digital currency. The foundation was formed in late 2012, after bitcoin had earned a reputation for criminality and fraud, and was modeled on the Linux Foundation. The chairman of the board..Read More

November 28, 2012

Halving Day

Halving Day

On Halving Day, Block 210,000 is the first with a block reward subsidy of 25 BTC.

April 1, 2013

Bitcoin surpasses $100

Bitcoin surpasses $100

The value of Bitcoin on MtGox and other exchanges surpasses US$100.

July 1, 2013

Winklevoss Bitcoin Trust filed

Winklevoss Bitcoin Trust filed

Winklevoss Bitcoin Trust is filed with the U.S. Securities Exchange Commission (SEC) by Tyler and Cameron Winkelvoss. According to the twins that are known for their legal dispute with Facebook founder Mark Zuckerberg, the Exchange Traded Fund (ETF) is “designed for investors seeking a cost-effective and convenient means to gain..Read More

May 1, 2013

Coindesk is launched by Spotify investor

Coindesk is launched by Spotify investor

Coindesk, a bitcoin-focused resource and news website is launched by Shakil Khan, an angel investor and advisor to Spotify.

May 2, 2013

First Bitcoin ATM unveiled

First Bitcoin ATM unveiled

The first Bitcoin ATM in the world is debuted in San Diego, California.

October 2, 2013

FBI shuts down Silk Road

FBI shuts down Silk Road

FBI shuts down infamous online drug marketplace Silk Road, seizing 3.6 million dollars worth of bitcoins.

October 2, 2013

Bitcoin price drops after Silk Road closure, recovers

Bitcoin price drops after Silk Road closure, recovers

Bitcoin price drops from $139/bitcoin to $109.71/bitcoin in less than three hours in response to Silk Road shutdown. It then recovers to $128.

December 5, 2013

China’s Central Bank bans Bitcoin transactions

China’s Central Bank bans Bitcoin transactions

China’s central bank bars financial institutions from handling Bitcoin transactions, causing a price drop of more than 20 percent to below $1,000.

March 5, 2013

Market capitalziation reaches $1bn

Market capitalziation reaches $1bn

November 6, 2013

Bitcoin sets new all-time high

Bitcoin sets new all-time high

The price of the Bitcoin breaks record set in April 2013, despite the Silk Road bust and fears over security, reaching US$269 per bitcoin.

May 7, 2013

Coinbase receives $5 million in funding

Coinbase receives $5 million in funding

Coinbase announces a US$5 million investment from funding that is led by Union Square Ventures, becomes the largest funding of a Bitcoin startup to-date.

August 9, 2013

Bloomberg gets Bitcoin ticker

Bloomberg gets Bitcoin ticker

The Bitcoin ticker arrives on the Bloomberg terminal so that Bloomberg employees can track the value of BTC under XBT Currency.

April 10, 2013

Bitcoin Bubbles

Bitcoin Bubbles

Bitcoin hits an all-time high of US$266, up from only $13 the year before.

December 10, 2013

Vitalik Buterin introduces Ethereum

Vitalik Buterin introduces Ethereum

Th Ethereum whitepaper is released by Vitalik Buterin. His proposed technology is a Smart Contract blockchain, which will end up becoming the #2 coin in market cap and probably the coins with most development efforts in current times.

May 14, 2013

MtGox funds seized by Homeland

MtGox funds seized by Homeland

The United States Department of Homeland Security seizes over US$2.9 million from a Dwolla account that belonged to a subsidiary of MtGox because it allegedly “failed to register as a ‘money transmitting business’ in accordance with 18 U.S. Code 1960.”

December 17, 2013

Continuing price decline

Continuing price decline

Bitcoin crashes to nearly US$500 after further is banned from accepting deposits in Yuan.

March 17, 2013

Let’s Talk Bitcoin! airs first episode

Let’s Talk Bitcoin! airs first episode

The audio show, Let’s Talk Bitcoin! is launched by Adam B. Levine with its first episode, and was later co-hosted by Andreas M. Antonopoulos and Stephanie Murphy, PhD.

November 17, 2013

Bitcoin doubles

Bitcoin doubles

Bitcoin price hits a landmark figure at 11.50am GMT on 17 November, reaching US$503.10 on Mt. Gox.

March 18, 2013

FinCEN defines stance on Bitcoin

FinCEN defines stance on Bitcoin

The Financial Crimes Enforcement Network (FinCEN) of the United States Department of the Treasury publishes its Application of FinCEN’s Regulations to Persons Administering, Exchanging, or Using Virtual Currencies, which defines its position on virtual currencies.

November 18, 2013

US Senate Hearing on Bitcoin

US Senate Hearing on Bitcoin

Senate hearing titled Beyond Silk Road: Potential Risks, Threats and Promises of Virtual Currencies discusses legitimacy and challenges of virtual currencies.

November 19, 2013

Bitcoin goes above $1000

Bitcoin goes above $1000

Bitcoin price surges to a record of US$1242 after Senate hearings.

November 19, 2013

Bitcoin moves more money than Western Union

Bitcoin moves more money than Western Union

Bitcoin transaction volume surpasses Western Union.

August 20, 2013

Bitcoin ruled private money in Germany

Bitcoin ruled private money in Germany

The German Federal Ministry of Finance announces that it recognizes Bitcoin as a form of private money, or a “unit of account,” and allows its use in commercial and private sales. Bitcoins become tax exempt when held for longer than one year.

March 21, 2013

Bitcoin spikes to $74.90

Bitcoin spikes to $74.90

The value of Bitcoin spikes after two days of increasing nearly 70 percent, reaching a high of US$74.90.

November 21, 2013

Cyprus university begins accepting Bitcoin

Cyprus university begins accepting Bitcoin

University of Nicosia in Cyprus becomes first university to accept Bitcoin for tuition.

February 22, 2013

Bitcoin goes to $30USD

Bitcoin goes to $30USD

The trade value of a Bitcoin reaches US$30 for the first time since 2011.

November 22, 2013

Space travel becomes possible with Bitcoin

Space travel becomes possible with Bitcoin

Richard Branson’s Virgin Galactic begins accepting Bitcoin for space travel.

March 25, 2013

The Cyprus government bail outof the banks

The Cyprus government bail outof the banks

In March of 2013, the government of Cyprus announced a bail-in for banks, meaning that the financial institutions would have to impose losses on their shareholders, debt holders and even large depositors. After the bail-in was announced people ended up rushing to their bank accounts to withdraw funds and a..Read More

November 27, 2013

Shopify joins Bitcoin

Shopify joins Bitcoin

Shopify officially integrates bitcoin as a payment option for its 70,000+ merchants.

February 28, 2013

First all-time high in 601 days

First all-time high in 601 days

With the first all-time high in 601 days, the MtGox exchange rate breaks the June 8, 2011 peak of US$31.91.

March 28, 2013

Market cap reaches $1 billion

Market cap reaches $1 billion

The total Bitcoin market cap passes US$1 billion.

February 2, 2014

Mt.Gox Halts trading

Mt.Gox Halts trading

Mt. Gox exchange, the largest bitcoin exchange at the time, said that 850,000 bitcoins had been stolen from its customers, amounting to almost $500 million. Bitcoin’s price fell by almost half, from $867 to $439 (a 49% drop). Prices would remain stagnant until late 2016.

March 6, 2014

Newsweek claims to have found Satoshi Nakamoto

Newsweek claims to have found Satoshi Nakamoto

Newsweek says it knows the answer. In its latest issue, the magazine reports that Bitcoin’s creator is a cranky 64-year-old Japanese-American programmer living in Southern California who wasn’t too enthusiastic about being discovered. https://www.technologyreview.com/s/525381/newsweek-says-its-found-bitcoin-creator-satoshi-nakamoto/

July 10, 2014

Ethereum project is launched

Ethereum project is launched

The Ethereum project is launched with Crowdfunding as its first Smart Contract

December 11, 2014

Microsoft enters the game

Microsoft enters the game

Microsoft starts accepting Bitcoin payments on its website

April 16, 2014

Mt Gox Begins Liquidation proceedings

Mt Gox Begins Liquidation proceedings

Mt. Gox, once the world’s biggest bitcoin exchange, is likely to be liquidated after a Tokyo court dismissed the company’s bid to resuscitate its business, the court-appointed administrator said on Wednesday. CEO Mark Karpeles is also likely to be investigated for liability in the collapse of the Tokyo-based firm, the..Read More

September 23, 2014

Paypal enters the game

Paypal enters the game

Paypal begins to allow its merchants to accept Bitcoin payments

November 3, 2015

Bitcoin currency symbol officially accepted into Unicode characterset

Bitcoin currency symbol officially accepted into Unicode characterset

The Bitcoin currency symbol is accepted by the Unicode Committee as an uppercase B with two vertical bars going trhough it.

October 22, 2015

EU Court of Justice issues key ruling

EU Court of Justice issues key ruling

The European Court of Justice rules that the exchange of Bitcoin and cyptocurrencies is NOT subject to VAT in the European Union.

October 31, 2015

Bitcoin is featured on the front page of the Economist

Bitcoin is featured on the front page of the Economist

July 9, 2016

Bitcoin halving

Bitcoin halving

Bitcoin rewrads is decreased by half to 12.5 BTC per block

February 21, 2016

Segwit proposal

Segwit proposal

A public statement is released by a group of influential members of the Bitcoin community, proposing their support for a new functionality named, Segregated Witness. This feature would require a hard fork, but eventually allow to increase the block size limit by compressing the signatures for all transactions into one.

April 1, 2017

Japan begins to officially recgnize Bitcoin as a currency

Japan begins to officially recgnize Bitcoin as a currency

August 1, 2017

Contentious hard fork divides the community

Contentious hard fork divides the community

Bitcoin splits into Bitcoin and Bitcoin Cash

January 2, 2017

Bitcoin’s price hits $1.000 for the first time in 3 years

Bitcoin’s price hits $1.000 for the first time in 3 years

September 2, 2017

I can’t believe it’s Bitcoin: Bitcoin at $5.000

I can’t believe it’s Bitcoin: Bitcoin at $5.000

The Bitcoin price hits historic new milestone and reaches $5.000 USD

December 10, 2017

CBOE Global Markets Fund is in

CBOE Global Markets Fund is in

Cboe Global Markets starts futures trading of Bitcoin. For a brief moment, prices touch $20,000.

March 10, 2017

US SEC denies Bitcoin based ETF

US SEC denies Bitcoin based ETF

The US government denies the application of Tyler and Cameron Winklevoss to operate an exchange traded fund.

June 11, 2017

The world has gone mad: Bitcoin at $3.000

The world has gone mad: Bitcoin at $3.000

Bitcoin price shoots up to hit another record high and suprassed the $3.000 USD mark

December 15, 2017

This is just ridiculous: Bitcoin at $17.900!

This is just ridiculous: Bitcoin at $17.900!

October 20, 2017

More? Bitcoin at $6.000

More? Bitcoin at $6.000

December 22, 2017

The Hangover: Bitcoin price drops 30% to $14.000

The Hangover: Bitcoin price drops 30% to $14.000

February 5, 2018

Bitcoin proce drops 50% to below $7.000

Bitcoin proce drops 50% to below $7.000

January 5, 2018

Switzerland to begin accepting tax payments in Bitcoin.

Switzerland to begin accepting tax payments in Bitcoin.

2018
November 13, 2018

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November 12, 2018

Banks get on the train

Banks get on the train

JPMorgan, Bloomberg et el, get on the Blockchain train: Real Estate example disruption: This 36.5 million dollar condominium has just been sliced into digital shares, and you could own a piece of it.

October 31, 2018

On 10 year anniversary, Bitcoin price steady at above $6.300

On 10 year anniversary, Bitcoin price steady at above $6.300

On the 10 year anniversary of Bitcoin, price holds steady above $6,000 during a period of historically low volatility.[