Post on 05-Dec-2014
description
itcoinsin
Alternative financial markets
Bitcoin is one of the first digital
currencies which use peer-to-peer technology to
facilitate instant payments.
2008 2009 2010 2011 2012 2013
Chinese government bans Chinese banks from carrying out bitcoin transactions
5/12/2013
FBI cracks "Silk Road"15/10/2013
Total Bitcoin market capitalization crosses US $1bn.
28/3/2013
First bitcoin conference held in NYC.
20/8/2011
1 Bitcoin equals 1 US $.9/2/2011
Bitcoin economy passes US $1mn.
6/11/2010
The most widely used bitcoin currency exchange market, mt.gox, is established
17/7/2010
First bitcoin transaction to buy a physical product takes place.
21/5/2010
Bitcoin market is established. Trading begins on this site.
6/2/2010
First Bitcoin transaction from Satoshi to Hal Finney took place.
12/1/2009
First version of bitcoin software Bitcoin v0.1 is released
9/1/2009
The first bitcoin block is mined.
3/1/2009
Someone using the name Satoshi Nakamoto makes an announcement regarding the new electronic cash system with no trusted third party on the Cryptography Mailing List
31/10/2008
The domain name "bitcoin.org" is registered.
18/8/2008
Payment Freedom Very low fees Fewer risks for
Merchants Security and Control Transparent and
Neutral
Degree of acceptance Volatility Ongoing development
Current Value