History of bitcoin

A timeline that shows bitcoin History from the idea all the way to present day.

2007

  • Satoshi Nakamoto began working on the Bitcoin concept.

2008

August

  • Neal Kin, Vladimir Oksman, and Charles Bry file an application for an encryption patent application.
  • Bitcoin.org was registered at anonymousspeech.com.

October

  • Nakamoto describes the Bitcoin currency and solves the problem of double spending.

November

2009

January

  • Block 0 is established.
  • Version 0.1 of Bitcoin is released.
  • The first Bitcoin transaction.

October

  • An exchange rate is established.

December

  • Version 0.2 is released.
  • The difficulty increases.

2010

February

  • The Bitcoin Market is established as a Bitcoin currency exchange.
  • Encryption patent is published.

May

  • The first real-world transaction using 10,000 BTC spent on pizza.

July

  • Version 0.3 released.
  • In five days, the price grew 1000%, rising from $0.008 to $0.08 for 1 bitcoin.
  • The MtGox Bitcoin currency exchange market is established.

August

  • Exploit generates 184 billion Bitcoins.

October

  • Financial task force issues warning.
  • The first public version of an OpenCL miner is released.

November

  • Market cap exceeds $1 million USD.

December

  • Bitcoind compiled for Nokia N900.
  • First mobile Bitcoin transaction.
  • Difficulty increases.

2011

January

  • Silk Road opens for business.
  • 25% of total Bitcoins generated.

February

March

  • Second largest decrease in difficulty.
  • Britcoin opens for trading.
  • Bitcoin Brasil opens.

April

  • Bitcoin passes parity with Euro.
  • Difficulty surpasses 100,000.

June

  • Bitcoin Market drops PayPal.
  • The largest percentage price decrease to-date became known as the Great Bubble of 2011. Top of bubble at $31.
  • WikiLeaks starts accepting Bitcoin.
  • Major breach of security at MtGox.
  • Difficulty passes 1 million.

August

  • Bitcoin Conference and World Expo in New York City, NY.
  • P2Pool mines its first block.
  • Back-to-back drop in difficulty.

September

  • Casascius coins mint physical Bitcoins.

November

  • Bitcoin & Future Technology European Conference in Prague, Czech Republic.

December

  • $2 minimum price after the first price drop.

2012

September

  • London 2012 Bitcoin Conference.
  • Bitcoin Foundation begins.

December

  • Slowly rising for a year. Price at $13.

2013

February

  • Version 0.8 released.
  • Bitcoin goes up to $30.

March

  • Bitcoin spikes to $74.90.
  • Market cap reaches $1 billion.

April

  • Bitcoin surpasses $100.
  • Price hits an all-time high of $266.
  • Bitcoin Central is hacked.

May

  • First Bitcoin ATM unveiled.
  • Bitcoin Central gets hacked again.

October

  • FBI shuts down Silk Road.
  • Bitcoin price drops from $139 to $109.71 in less than three hours after Silk Road closure, recovers.

November

  • Bitcoin price surges to a new all-time record of $1242.

December

  • Price crashed to $600, rebounded to $1000, crashed again to the $500 range. Stabilized in between.
  • China's Central Bank bans Bitcoin transactions.
  • The network exceeded 10 petahash/sec.

2014

January

  • Price spiked to $1000, then settled in the $800–$900range.

March

  • Version 0.9 released.

June

  • The network exceeded 100 petahash/sec.

December

  • Microsoft began to accept bitcoin to buy Xbox games and Windows apps.

2015

February

  • Version 0.10 released.

July

  • Version 0.11 released.

November

  • 2015 record high of $504.

2016

January

  • Price at $1150 per bitcoin.
  • Price fell 30% in a week, reaching a multi-month low of $750.
  • The network exceeded 1 exahash/sec.

February

  • Version 0.12 released.

April

  • Steam started accepting bitcoin as payment.

August

  • Version 0.13 released.

September

  • There are 770 bitcoin ATMs worldwide.

2017

March

  • Version 0.14 released.
  • The price of 1 bitcoin surpassed the spot price of an ounce of gold for the first time.
  • The number of GitHub projects related to bitcoin passed 10,000.
  • Price traded above $1290.

April

  • Japan Declares Bitcoin as Legel Tender

August

  • Bitcoin "splits" into Bitcoin (BTC) and Bitcoin Cash (BCH)

November

  • Bitcoin for the first time hit $10,000

2019

Today

  • At the moment, one bitcoin cost:
    .