Bitcoin described in a white paper
November 1, 2008
A paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was published on the cryptography mailing list at metzdowd.com. It solved the double-spending problem for digital currency using a peer-to-peer network. Allegedly it was written by a Japanese guy called Satoshi Nakamoto.
Read moreGenesis block is mined
January 3, 2009
The first bitcoin block called the “Genesis block” was mined. It enabled the first version of bitcoin to be released. By the year 2140, it will have generated precisely 21 million bitcoins.
Read moreThe first bitcoin transaction
January 12, 2009
Hal Finney, a developer, and cryptographic activist received 10 bitcoins from Satoshi Nakamoto himself. It was the first transaction between two individual computers using bitcoin.
Read moreThe first exchange rate for bitcoin is established
October 5, 2009
Someone under the name New Liberty Standard established a bitcoin exchange rate on the bitcoin forum. It was set at 1,309.03 bitcoins per one US dollar, calculated with an equation that included the cost of electricity to run a computer that generated bitcoins.
Read moreThe first bitcoin to USD transaction
October 12, 2009
Martti Malmi a.k.a. Sirius, a software developer from Finland, sold 5,050 BTC for just $5,02 to NewLibertyStandard. The transaction was realized using PayPal. View information about this transaction
Read moreThe first real-world transaction with bitcoins
May 22, 2010
A Hungarian born software architect from Florida, Laszlo Hanecz, bought two pizzas with 10.000 bitcoins.
Read moreMt. Gox is established
July 17, 2010
Programmer Jed McCaleb launched an exchange market for trading bitcoin and regular currencies. In the next few years, this exchange market would handle over 70% of all bitcoin transactions worldwide.
Read moreBitcoin market cap reaches 1 million US dollars
November 6, 2010
By multiplying the number of bitcoins at that time with the price of one bitcoin that exceeded $0.5, market cap reached over 1 million dollars for the first time.
Read moreThe first vehicle is offered
February 14, 2011
A guy from Australia offered 1984 Celica Supra for 3,000 bitcoins.
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