Cryptocurrency history is certainly short in the grand scheme of things, but there’s been some incredible twists and turns since Bitcoin came on to scene back in 2008. Creating an entirely new technology (blockchain) and a cryptocurrency marketplace worth hundreds of billions, it’s been an entertaining ride so far.
At TotalCrypto, we’re going to keep you updated every month with interesting new developments (both comical and serious) in cryptocurrency with our timeline infographic.
History of the Cryptocurrency
October 2008 - Satoshi Nakamoto unveils bitcoin white paper.
- Bitcoin.org launched.
Price 0$
January 2009 - First Bitcoin Transaction
- Satoshi and Hai Finney transact Bitcoin.
Price 0$
October 2009 - First Bitcoin Exchange
- New liberty standard release new service to trade bitcoin. the exchange rate was calculated by how much electricity os required to mine a bitcoin and the initial exchange rate was set at 1$ = 1,309 Bitcoins.
Price 0.0007$
February 2010 - First Read life bitcoin transaction
- 10,000 Bitcoins were used to buy two pizzas from Papa John's.
Price 0.004$
July 2010 - MTGOX is launched
- Jed McCaleb sets up the MTGOX bitcoin exchange.
Price 0.08$
November 2010 - Bitcoin's Market Cap Hits 1M$
Price 0.19$
February 2011 - Bitcoin hit's parity with the USD for the First time
Price 1.00$
April 2011 - Bitcoin is First Reported in Mainstream media
- Time publishes an article titled "Online Cash Bitcoin Could Challenge Governments, Banks".
Price 1.04$
July 2011 - First Big Bitcoin Hack
- Bitcointalk memberת Aliinvain claims that 25,000 BTC have been stolen from him. At the time his bitcoins were Valued at 375k.
Price 14.50$
June 2012 - CoinBase is Founded.
Price 15.23$
March 2013 - Bitcoin Market cap hits 1BD$(Billion Dollar)
- The seventh major release of Mac OS X.
Price 74.02$
May 2013 - First Bitcoin ATM goes Live
Price 114.44$
November 2013 - Richard Branson adopts bitcoin
- Virgin Galactic announces it will accept Bitcoin for space travel.
Price 191.33$
July 2015 - Ethererum is Created
The Project brings smart contracts to the world.
Bitcoin Price 750$
Ethererum Price 0.01$
June 2016 - DAO Hack On Ethereum Leads to Creation of Ethereum Classic
Bitcoin Price 755$
Ethereum Price 12$
Ethereum Classic Price 0.75$
December 2016 - Top 7 Cryptos All go on a bull run
- Major cryptocurrencies establish themselves: Bitcoin, Dash, Ethereum Classic, LiteCoin, Ethereum, Ripple, Monero.
Bitcoin Price 900$
Ethereum Price 8$
Ethereum Classic Price 1.15$
LiteCoin Price 4.5$
March 2017 - Bitcoin is Worth more than gold
- One bitcoin becomes more valuable than 1 ounce of gold.
Bitcoin Price 1,200$
Ethereum Price 50$
Ethereum Classic Price 2.42$
LiteCoin Price 4$
March 2017 - The Rise of Altcoin
- A Digital Wallet to iOS. Featured coupons, airline tickets and more using QR code. now known as Apple Wallet and included NFC.
Bitcoin Price 1,200$
Ethereum Price 50$
Ethereum Classic Price 2.42$
LiteCoin Price 4$
May 2017 - Over 1,000 Cryptocurrencies have been created
- Over 1,000 cryptos are listed on coinmarketcap.com
Bitcoin Price 1,750$
Ethereum Price 225$
Ethereum Classic Price 18$
LiteCoin Price 25$
June 2017 - total crypto market cap passes 100$ Billion
Bitcoin Price 2,400$
Ethereum Price 400$
Ethereum Classic Price 20$
LiteCoin Price 45$
Mid 2017 - Initial coin Offering Hype
- Many companies without a product raise millions through initial coin offerings.
Bitcoin Price 2,400$
Ethereum Price 400$
Ethereum Classic Price 20$
LiteCoin Price 45$
August 2017 - Bitcoin Forks & Bitcoin Cash is Created
- The bitcoin community splits and Bitcoin Cash is created for faster transactions.
Bitcoin Price 2,855$
Ethereum Price 350$
Ethereum Classic Price 15$
LiteCoin Price 60$
Bitcoin Cash Price 435$
October 2017 - Bitcoin forks Again & Bitcoin Gold is created
Bitcoin Price 6,000$
Ethereum Price 300$
Ethereum Classic Price 12$
LiteCoin Price 55$
Bitcoin Cash Price 450$
November 2017 - Total crypto market cap passes 250$ Billion
Bitcoin Price 8,150$
Ethereum Price 450$
Ethereum Classic Price 33$
LiteCoin Price 90$
Bitcoin Cash Price 1700$
December 2017 - Total crypto market cap passes 500$ Billion
Bitcoin Price 17,000$
Ethereum Price 750$
Ethereum Classic Price 40$
LiteCoin Price 350$
Bitcoin Cash Price 3,500$
January 2018 - 50 Cent's Forgotten Bitcoin Make Him 8M$
- In 2017, 50 Cents was on the brink of bankruptcy. His Bitcoin find must have been a pleasant surprise.
Bitcoin Price 20,000$
Ethereum Price 1300$
Ethereum Classic Price 45$
LiteCoin Price 250$
Bitcoin Cash Price 2,500$
January 2018 - Total crypto market cap hits 824$ Billion
Bitcoin Price 20,000$
Ethereum Price 1300$
Ethereum Classic Price 45$
LiteCoin Price 250$
Bitcoin Cash Price 2,500$
April 2018 - Total crypto market fails to 248$ Billion
- Crypto market cap reaches the lowest level seen in 2018.
Bitcoin Price 6,988$
Ethereum Price 399$
Ethereum Classic Price 14$
LiteCoin Price 115$
Bitcoin Cash Price 697$
May 2018 - Consensus Conference fails to spark a recovery
- The consensus conference created significant hype. Many cryptocurrency experts were predicting a 70% increase in bitcoin prices during the conference. The market recovery failed to materialise.
Bitcoin Price 8,389$
Ethereum Price 733$
Ethereum Classic Price 18$
LiteCoin Price 146$
Bitcoin Cash Price 1,453$
June 2018 - Paris Hilton's Dad to sell 38M$ Mansion for crypto
Bitcoin Price 6,786$
Ethereum Price 539$
Ethereum Classic Price 16$
LiteCoin Price 98$
Bitcoin Cash Price 893$
lets see the chart of the bitcoin:
