History of Bitcoin

Story of Bitcoin 2007 to Till now.

2007 (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.

October 31, 2008 (The white paper is published.)

  • 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.)

  • Block 0, the genesis block, is established at 18:15:05 GMT.

January 12, 2009 (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.

May 22, 2010(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.

July 12, 2010(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.

November 6, 2010(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.

January 28, 2011(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.

February 9, 2011(Bitcoin reaches parity with US dollar.)

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

August 20, 2011(Bitcoin Conference and World Expo.)

  • The first Bitcoin Conference and World Expo was held in New York City, NY.

December 20, 2012(Buysellbitco.in is launched.)

  • Mahin Gupta launches India’s first Bitcoin Exchange.

March 28, 2013(Market cap reaches $1 billion.)

  • The total Bitcoin market cap passes US$1 billion.

May 2, 2013(First Bitcoin ATM unveiled.)

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

November 19, 2013(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 transaction volume surpasses Western Union.

November 22, 2013(Space travel becomes possible with Bitcoin.)

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

January 9, 2014(Overstock accepts bitcoin.)

  • Overstock accepts bitcoin.

May 8, 2014

  • Federal Election Commission approves bitcoin donations to political committees.

September 23, 2014

  • PayPal starts accepting bitcoin payments for merchants.

October 31, 2014

  • Zebpay launches a simple bitcoin wallet with a mission to spread bitcoins to billions.

December 11, 2014

  • Microsoft announces that it will accept bitcoin on its platform.

March 2015

  • Japanese e-commerce giant Rakuten Inc. accepts Bitcoin payments.

April 2015

  • Rand Paul became first Presidential Candidate to accept Bitcoin.

May 2015

  • First regulated bitcoin-based security began trading in Stockholm.

August 2015

  • On August 8 2015, BitLicense came into effect in New York.

September 2015

  • Bitcoin is a Commodity according to The Commodity Futures Trading Commission.

November 2015

  • The mysterious creator of bitcoin has been nominated for the Nobel Prize in Economics.

April 2016

  • You can now buy games on Steam using Bitcoin.

June 2016

  • Bitcoin hits two-year high ahead of key event trading at $703.

October 2016

  • Swiss railway ticket machines to sell Bitcoin digital currency.

December 2016

  • Bitcoin enjoys end of year price surge has hit a three-year high with each one now worth about $900.

January 2, 2017

  • Bitcoin tops $1,000 for first time in three years as 2017 trading begins.

March 1, 2017

  • Value of 1 bitcoin surpassed the spot price of an ounce of gold for the first time.

April 1, 2017

  • Japan passed a law to accept bitcoin as a legal payment method.

May 20, 2017

  • The price of one Bitcoin passed $2,000 for the first time.

June 2017

  • The bitcoin symbol ฿ was encoded in Unicode version 10.0 at position U+20BF.

June 12, 2017

  • Reached an all-time high of $3,000.
Created By Zebpay

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