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itcoins 
in 
Alternative financial 
markets
Bitcoin is one of the first 
digital currencies which 
use peer-to-peer 
technology to facilitate 
instant payments.
First bitcoin transaction 
to buy a physical 
product takes place. 
21/5/2010 
The domain name 
"bitcoin.org" is 
registered. 
18/8/2008 
The first bitcoin block is 
mined. 
3/1/2009 
2008 2009 2010 2011 2012 2013 
Chinese government 
bans Chinese banks 
from carrying out 
bitcoin transactions 
5/12/2013 
FBI cracks "Silk Road" 
15/10/2013 
Total Bitcoin market 
capitalization crosses 
US $1bn. 
28/3/2013 
First bitcoin conference 
held in NYC. 
20/8/2011 
1 Bitcoin equals 1 US $. 
9/2/2011 
Bitcoin economy passes 
US $1mn. 
6/11/2010 
The most widely used 
bitcoin currency 
exchange market, 
mt.gox, is established 
17/7/2010 
Bitcoin market is 
established. Trading 
begins on this site. 
6/2/2010 
First Bitcoin transaction 
from Satoshi to Hal 
Finney took place. 
12/1/2009 
First version of bitcoin 
software Bitcoin v0.1 is 
released 
9/1/2009 
Someone using the 
name Satoshi 
Nakamoto makes an 
announcement 
regarding the new 
electronic cash system 
with no trusted third 
party on the 
Cryptography Mailing 
List 
31/10/2008
 Payment Freedom 
 Very low fees 
 Fewer risks for Merchants 
 Security and Control 
 Transparent and Neutral
 Degree of acceptance 
 Volatility 
 Ongoing development
Current Value
Bitcoins history,advantage, disadvantage, acceptance,future of bitcoins
Bitcoins history,advantage, disadvantage, acceptance,future of bitcoins
Bitcoins history,advantage, disadvantage, acceptance,future of bitcoins

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Bitcoins history,advantage, disadvantage, acceptance,future of bitcoins

  • 1. itcoins in Alternative financial markets
  • 2. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments.
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  • 5. First bitcoin transaction to buy a physical product takes place. 21/5/2010 The domain name "bitcoin.org" is registered. 18/8/2008 The first bitcoin block is mined. 3/1/2009 2008 2009 2010 2011 2012 2013 Chinese government bans Chinese banks from carrying out bitcoin transactions 5/12/2013 FBI cracks "Silk Road" 15/10/2013 Total Bitcoin market capitalization crosses US $1bn. 28/3/2013 First bitcoin conference held in NYC. 20/8/2011 1 Bitcoin equals 1 US $. 9/2/2011 Bitcoin economy passes US $1mn. 6/11/2010 The most widely used bitcoin currency exchange market, mt.gox, is established 17/7/2010 Bitcoin market is established. Trading begins on this site. 6/2/2010 First Bitcoin transaction from Satoshi to Hal Finney took place. 12/1/2009 First version of bitcoin software Bitcoin v0.1 is released 9/1/2009 Someone using the name Satoshi Nakamoto makes an announcement regarding the new electronic cash system with no trusted third party on the Cryptography Mailing List 31/10/2008
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  • 9.  Payment Freedom  Very low fees  Fewer risks for Merchants  Security and Control  Transparent and Neutral
  • 10.  Degree of acceptance  Volatility  Ongoing development