Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use...
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Transcript of Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use...
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
