BITCOIN A MODERN GOLD RUSH
Are you new to Bitcoin and perhaps you are probably thinking; why is everyone I know is getting involved in Bitcoin and other cryptocurrencies online?
There is not enough time to delay since Bitcoin keeps getting more expensive every single week, to answer your questions about Bitcoins in the crypto world, it is important to know your history first!
##BITCOIN IN 2008
##BITCOIN IN 2009
##BITCOIN IN 2010
The pizzas bought by laszlo
##Bitcoin in 2011
- [x]Based on bitcoin's open source code, other cryptocurrencies started to emerge.
January 27th
Biggest monetary transaction in bitcoin history from 3 accounts in Zimbabwe on #bitcoin-otc. The currency value was 4 BTC to 100 trillion Zimbabwe dollars.
February 9th
Bitcoin reaches parity with the US dollar (the exchange rate was one BTC to the USD).
February 14th
An Austrian user puts an old Porsche on sale on a bitcoin exchange for 3000 BTC.
June
Wikileaks and other organizations began to accept bitcoins for donations.
June 13th
The first theft occurs in the history of bitcoin. User allinvain reports 25 thousand coins (375 thousand USD).
July 22nd
BitCoins Mobile, the first mobile app for iPad, is launched.
August 20th
First Bitcoin conference at the World Expo exhibition in New York City.
September
Vitalik Buterin co-founded Bitcoin Magazine.
December 12th
The biggest amount of fees paid for a block up to date: 171 BTC for block # 157235.
##Bitcoin in 2012
- [x]In January 2012, bitcoin was featured as the main subject within a fictionalized trial on the CBS legal drama The Good Wife in the third-season episode "Bitcoin for Dummies". The host of CNBC's Mad Money, Jim Cramer, played himself in a courtroom scene where he testifies that he doesn't consider bitcoin a true currency, saying "There's no central bank to regulate it; it's digital and functions completely peer to peer".
March 1st
About 50000 BTC is stolen after a security upgrade in Linode; it is the biggest bitcoin theft ever.
June 3rd
The biggest block in the chain, # 181919 is created. It includes 1,322 transactions.
October
BitPay reported having over 1,000 merchants accepting bitcoin under its payment processing service.
November
WordPress had started accepting bitcoins.
November 28th
Block # 210,000 becomes the first block to yield a 25 BTC reward (all previous existing block rewards had been 50 BTC).
##Bitcoin in 2013
January 22nd
BitPay surpasses 10,000 transactions
February 19th
The 8th version of Bitcoin Client appears.
February 28th
Bitcoin exchange rate surpasses 31.91 USD for the first time for the last 601 days.
March 28th
Bitcoin capitalization surpasses 1 billion USD
April 1st
Exchange rate of Bitcoin reaches 100 USD to 1 BTC.
October
The FBI seized roughly 26,000 BTC from website Silk Road during the arrest of alleged owner Ross William Ulbricht.
November
The first time in the history, Bitcoin costs over 1000 USD after BTC is supported by American game creator Zynga.
December 5th
The People's Bank of China prohibited Chinese financial institutions from using bitcoins. After the announcement, the Bitcoin value dropped, and Baidu no longer accepted bitcoins for certain services. Buying real-world goods with any virtual currency has been illegal in China since at least 2009.
December 9th
100 USD are stolen from bitcoin wallets.
December
China banned the use of cryptocurrency in the country. One of the largest exchanges in the world BTC China was closed. Behind China, Norway did not recognize bitcoins.
Bitcoin in 2014
- A documentary film, The Rise and Rise of Bitcoin, was released in 2014, featuring interviews with bitcoin users, such as a computer programmer and a drug dealer.
January
Elliptic Vault, the first bitcoin safe storage, opens in London. Bitcoin begins to oust euro in Ireland. More companies agree to accept bitcoin a payment for services. Zynga announced it was testing bitcoin for purchasing in-game assets in seven of its games. That same month, The D Las Vegas Casino Hotel and Golden Gate Hotel & Casino properties in downtown Las Vegas announced they would also begin accepting bitcoin, according to an article by USA Today. The article also stated the currency would be accepted in five locations, including the front desk and certain restaurants. The network rate exceeded 10 petahash/sec. TigerDirect and Overstock.com started accepting bitcoin.
January 28th
Vice-president of the Bitcoin Foundation arrested under money laundering charges. As a result of the ensuing panic, bitcoin exchange rate decreased by 40 USD.
June 18th
It was announced that bitcoin payment service provider BitPay would become the new sponsor of St.Petersburg Bowl under a two-year deal, renamed the Bitcoin St. Petersburg Bowl. Bitcoin was to be accepted for ticket and concession sales at the game as part of the sponsorship, and the sponsorship itself was also paid for using bitcoin.
December
Microsoft began to accept bitcoin to buy Xbox games and Windows software.
In 2014, several lighthearted songs celebrating bitcoin such as the Ode to Satoshi have been released.
##Bitcoin in 2015
February
Bitcoin price reached $262.
July
Former Federal agents Carl Force IV (DEA) and Shaun Bridges (Secret Service) pleaded guilty to stealing bitcoins during their active investigation into the Silk Road market.
December
Security researcher and writer, Gvern Branwen, published an article in WIRED magazine claiming that an Australian man named Dr. Craig S. Wright was either Satoshi Nakamoto or a "brilliant hoaxer." Gvern brought a few deleted messages in the blog of Wright, leaked emails and transcripts, which seemed to imply that Wright is the creator of Bitcoin. In one missed decryption, Wright himself States,"I did my best to try to hide the fact that I've been working with bitcoin since 2009." In another document, it is told that Wright had access to Vidoescom trust 1.1 million bitcoins.
##Bitcoin in 2016
January
Network speed exceeds 1 exahash/sec
April
The Steam service starts accepting bitcoin as payment for video games and other online media.
May
Wright publicly announced that he was Satoshi Nakamoto through a blog post.
July
Researchers published a paper showing that by November 2013 bitcoin commerce was no longer driven by "sin" activities but instead by legitimate enterprises. Uber switched to bitcoin in Argentina after the government blocked credit card companies from dealing with Uber.
August
Hackers attack Bitfinex, a large exchange, taking almost 120 000 bitcoins (about $60 million USD).
September
The number of bitcoin ATMs had doubled over the last 18 months and reached 771 ATMs worldwide.
November
The Swiss railway operator SBB (CFF) upgraded all their automated ticket machines so that bitcoin could be bought from them using the scanner on the ticket machine to scan the bitcoin address on a phone app.
The history and future of Bitcoin generate more academic interest year after year; the number of Google Scholar articles published mentioning bitcoin grew from 83 in 2009, to 424 in 2012, and to 3580 in 2016. Also, the academic Ledger Journal published its first issue. It is edited by Peter Rizun.
Bitcoin in 2017
Throughout time, the number of businesses accepting bitcoin continues to increase.
Since the start of history, by 2017 Bitcoin gains more legitimacy among lawmakers and legacy financial companies.
January.
After the rally for most of the second half of 2016, bitcoin broke the $ 1,000 mark for the first time in 3 years. Media coverage leads to an influx of new users who will allegedly raise the price even higher.
June
The Bitcoin symbol was encoded in Unicode version 10.0 at position U+20BF (₿) in the Currency Symbols block.
June 12th
Bitcoin exchange rate exceeds USD$3000 to the BTC.
August 1st
Bitcoin split into two derivative digital currencies, the classic bitcoin (BTC) and the Bitcoin Cash (BCH). The split has been called the Bitcoin Cash hard fork.
September 1st
Bitcoin exchange rate exceeds USD$5000.
October
China forbids cryptocurrencies and ICOs.
November 29th
In 2017 Bitcoin price exceeds USD 10,000.
December 28th
The price of bitcoins fell after South Korea announced additional measures to regulate bitcoin trading, including the potential closure of exchanges, among the volatile movements in the world's third-largest cryptocurrency market.
What is interesting, the Bitcoin price was less than $3000 at the beginning of 2017, later it cost about 5000 of dollars, by the end of the year the Bitcoin worth USD 10000.
##Bitcoin in 2018
2018 has been a rough year for Bitcoin and it's users, especially people who held on assuming the price would keep ascending. Many sold the cryptocurrency while they could, and the price has been steadily dropping all year. As of this writing, Bitcoin's price was at $3,732.04.
January 2nd
Peter Thiel Foundation bought millions of dollars in bitcoin, the Wall Street Journal reports citing sources familiar with the situation. The paper says these stocks are worth hundreds of millions of dollars. It is unclear whether the Founders sold any of their stocks, the report said.
#January 13th
Out of a total of 21 million people, on January 13, 2018, 16 800 000 BTC were produced, and only 20% remained for production.
January 30th
Facebook banned people from fully advertising bitcoin and other cryptocurrencies.
February 5th
Bitcoin's price dropped 50 percent in 16 days, falling below $7,000.
March 7th
The U.S. securities and exchange Commission confirmed that many online trading platforms for digital assets should be registered with the Agency as exchanges. Statement the SEC has heightened concerns about the fact that the regulation tightening might restrict trade.
March 14th
Google announced that it prohibits online advertising promoting cryptocurrency
March 26th
Twitter announced that it would ban advertising for cryptocurrencies, after overclocking Google and Facebook, which aims to protect investors from fraud.
April 13th
One of India's largest cryptocurrency trading platforms lost about 438 bitcoins worth about 190 million rupees ($3 million), presumably due to an employee.
May 24th
The Justice Department opened a criminal case about whether traders manipulate the price of bitcoins and other digital currencies. The investigation focuses on illegal activities that can affect prices such as spoofing or flooding the market with fake orders to trick other traders into buying or selling.
October 31st
$6,300, on the 10 year anniversary of Bitcoin, price holds steady above $6,000 during a period of historically low volatility.
November 14th
Falling below $6000.
Bitcoin in 2019
From the beginning of the year, the capitalization of the digital money market increased by 32% - in 2019 it amounts to $ 165 billion.
In December 2018, Bitcoin set an annual minimum of $ 3,242.
At the end of February 2019, a positive dynamic of Bitcoin growth was observed.
In March, it became known that the Iranian government, which banned cryptocurrencies on the territory of its state, is now ready to accept them and even promote them.
At the beginning of April 2019, the rate of Bitcoin soared by 15%, testing the mark of 5 thousand dollars. Experts explain this anomaly by the return of major players to the market.
The growth of Bitcoin on April 2, 2019 occurred in the Asian session, and an unknown buyer purchased 20 thousand bitcoins, which amounts to $ 94 million.
(source : https://en.bitcoinwiki.org/wiki/Bitcoin_history)
