Bitcoin – A decade of promising growth!
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Transcript of Bitcoin – A decade of promising growth!
timeline
Satoshi Nakamoto started working on the concept of Bitcoin in 2007. As per speculations, the mystery man hails from Japan.
Bitcoin.org was registered.
The said domain got registered atanonymousspeech.com, a site that allows users to anonymously register domain names and is currently accepting Bitcoins.
August 18
The white paper got published.
Nakamoto published a paper designed through a metzdowd.com cryptography mailing list which describes the Bitcoin currency and solves the prob-lem of double spending thus, preventing the cur-rency from being copied.
October 31
A currency exchange was born.
The Bitcoin Market was established by dollar as a Bitcoin currency exchange.
February 6
Buysellbitco.in - Mahin Gupta launched India’s first Bitcoin Exchange.
Microsoft started accepting bitcoins on its platform.
Zebpay launched a simple bitcoin wallet.
PayPal started accepting bitcoin payments for merchants.
Bitcoins hit a 3-year high, each bitcoin’s worth increased about US$ 900.
Swiss railway ticket machines started selling Bitcoindigital currency.
Encryption patent was published.
The encryption patent application that was filed on August 15, 2008 by Neal Kin, Vladimir Oksman, and Charles Bry got published.
February 18
Bitcoin value increased ten folds.
Over a 5-day period beginning on July 12, the exchange value of Bitcoin increased 10 times from US$0.008/BTC to US$0.080/BTC.
July 10
Slush's Pool mined its first block.
Bitcoin Pooled Mining (operated by slush), a method by which several users worked collective-ly to mine Bitcoins and share in the benefits and mined its first block.
September 18
The first public version of an OpenCL miner was released.
October 10
The first portable-to-portable transaction of Bit-coins took place when ribuck sends doublec 0.42 BTC using Bitcoind.
December 8
The Genesis Block was mined.
Block 0, the genesis block, was established at 18:15:05 GMT.
January 3
25% of total Bitcoins were generated.
With the generation of Block 1,05,000, 5.25 million Bitcoins were generated, totaling more than 25 percent of the projected almost 21 million.
January 28
The first Bitcoin ATM in the world was established in San Diego, California.
Richard Branson’s Virgin Galactic started accepting Bitcoin for space travel.
Bitcoin's mysterious creator nominated for the Nobel Prize in Economics.
The Commodity Futures Trading Commission announced Bitcoin a commodity.
1 Bitcoin equals = 1197.54 US Dollar.
As on February, 2017, 1 Bitcoin = INR 80456.71
Bitcoin Market got updated.
A major update to the Bitcoin Market website reduced the minimum trade size, thus permit-ting trading 24x7, and ensuring that the pay-ments are made for executed trades.
BitPay, the first smartphone e-wallet for Bitcoins was launched.
March 11
December 20
May 2
November 22
October 31
November
September
August
December
February
The first Bitcoin transaction was made.
The first transaction of Bitcoin currency, in block 170, took place between Satoshi and Hal Finney.
January 12
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
ATM
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BitLicense came into effect in New York.