A brief history of Bitcoin
Some of the most important events in the life of the strongest, hardest money every created.
| Timing | Event |
|---|---|
| October 2008 | Bitcoin whitepaper published by Satoshi Nakamoto. |
| January 2009 | Bitcoin network comes into existence with the release of the first Bitcoin software and the mining of the genesis block (block number 0). |
| October 2009 | First Bitcoin exchange rate established: 1,309.03 BTC to one US Dollar. |
| May 2010 | First real-world transaction: 10,000 BTC spent on two pizzas. |
| July 2010 | Bitcoin v0.3 released. Noted by Slashdot, causing a large influx of new Bitcoin users. |
| February 2011 | Bitcoin achieves parity with the US dollar. |
| June 2011 | Mt. Gox, a major Bitcoin exchange, is hacked. Bitcoin value drops significantly. |
| April 2013 | Bitcoin market surpasses $1 billion valuation. |
| November 2013 | Bitcoin price surpasses $1,000 for the first time. |
| February 2014 | Mt. Gox files for bankruptcy following a massive hack. |
| August 2015 | Bitcoin XT is released, the first notable fork of Bitcoin. |
| July 2016 | The second halving event occurs. Bitcoin reward per block drops from 25 to 12.5 BTC. |
| August 2017 | Bitcoin Cash is created, marking a new era of Bitcoin forks. |
| December 2017 | Bitcoin price peaks at around $20,000 then crashes. |
| February 2018 | Bitcoin drops below $7,000, a 60% drop from its peak in December 2017. |
| October 2020 | PayPal announces Bitcoin support. |
| November 2020 | Bitcoin surpasses its December 2017 peak, reaching a new all-time high. |
| April 2021 | Bitcoin reaches a new all-time high of over $63,000. |
| May 2021 | China intensifies its crackdown on cryptocurrency, leading to a significant decline in Bitcoin's price. |
| September 2021 | El Salvador becomes the first country to accept Bitcoin as legal tender. |
| October 2022 | Bitcoin price drops to a low of $15,000USD |
| January 2024 | 11 Bitcoin ETFs are Approved for trading on US Stock markets |