Bitcoin History Flipbook

1. Bitcoin: A Brief History

2. August 2008: Bitcoin.org registered

3. y 2009: Version 0.1 of Bitcoin is
ased with limited interface

4. A few days later the first Bitcoin
transaction occurs between Bitcoin
creator Satoshi Nakamoto and a
software developer

5. ober 2009: New Liberty Standard
reates a Bitcoin exchange rate

6. February 2010: First Bitcoin Market is
established to exchange Bitcoin for
other currencies

7. May 2010: A Florida Programmer
makes the first ever purchase using
Bitcoins. He buys a pizza for 10,000
Bitcoins (Value at the time was 25
Dollars)

8. 2010: Bitcoin value increases
old in a matter of days. It goes
m $0.008 per Bitcoin to $0.80

9. A few days later MtGox is established.
It has become the preeminent Bitcoin
exchange

10. In 2011 the Silk Road launches. It is a
website where users can buy illicit
drugs with anonymity thanks to Bitcoin

11. February 2011: Bitcoin reaches sam
price as US Dollar

12. June 2011: Biggest security breach in
Bitcoin history as hackers break into
MtGox database and change Bitcoin
prices forcing the market to shut down
for a few days

13. June 29 2011: First Bitcoin wallet for
smartphones is launched

14. August 2011: MyBitcoin, an exchange,
is hacked for 2 million dollars worth of
Bitcoins

15. December 2012: European Bitcoin
Exchange Bitcoin Central becomes first
exchange to be licensed as a bank

16. February 2013: Bitcoin trades at 30$
for the first time since a price bubble
in mid 2011

17. March 2013: US Treasury department
defines its stance on Bitcoin

18. March 2013: Bitcoin Market Cap hits 1
Billion Dollars

19. pril 2013: Bitcoin bubbles up to being worth
$ 266 per BTC before crashing and stabilizing
at around 100 US dollars

20. May 2013: First Bitcoin ATM unveiled
in San Diego

21. 3 Million Dollars seized from a MtGox
subsidiary by Homeland Security for
not registering as a money
transmitting business

22. Winkelvoss Twins file Bitcoin Trust
with SEC to make investment into
Bitcoin easier

23. November 2013: Senate hearing held
to discuss the legitimization of Bitcoin
which leads to the price to surge to
over 1000 US dollars per Bitcoin

24. China’s Central Bank bans Bitcoin
ansactions becoming the first nation
o make major restrictions on Bitcoin
trade

25. Sources
• http://www.theguardian.com/technology/201
4/mar/18/history-of-bitcoin-hacks-alternative-
currency
• http://historyofbitcoin.org/
• http://blockchain.info/charts/market-price