According to legend, Satoshi Nakamoto began working on the Bitcoin concept in 2007. While he is on record as living in Japan, it is speculated that Nakamoto may be a collective pseudonym for more than one person.
October 31, 2008
The white paper is published.
Nakamoto publishes a design paper through a metzdowd.com cryptography mailing list that describes the Bitcoin currency and solves the problem of double spending so as to prevent the currency from being copied.
January 3, 2009
The Genesis Block is mined.
Block 0, the genesis block, is established at 18:15:05 GMT.
January 12, 2009
The first Bitcoin transaction.
The first transaction of Bitcoin currency, in block 170, takes place between Satoshi and Hal Finney, a developer and cryptographic activist.
October 5, 2009
An exchange rate is established.
New Liberty Standard publishes a Bitcoin exchange rate that establishes the value of a Bitcoin at US$1 = 1,309.03 BTC, using an equation that includes the cost of electricity to run a computer that generated Bitcoins.
May 22, 2010
10,000 BTC spent on pizza.
The first, real-world transaction using Bitcoins takes place when a Jacksonville, Florida programmer, Laszlo Hanyecz, offers to pay 10,000 Bitcoins for a pizza on the Bitcoin Forum. At the time, the exchange rate put the purchase price for the pizza at around US$25.
July 12, 2010
Bitcoin value increases tenfold.
Over a five day period beginning on July 12, the exchange value of Bitcoin increases ten times from US$0.008/BTC to US$0.080/BTC.
November 6, 2010
Market cap exceeds $1 million USD.
Calculated by multiplying the number of Bitcoins in circulation by the last trade on MtGox, the Bitcoin economy exceeds US$1 million. The price on MtGox reached US$0.50/BTC.
January 28, 2011
25% of total Bitcoins generated.
With the generation of Block 105000, 5.25 million Bitcoins have been generated, totalling more than 25 percent of the projected total of almost 21 million.
February 9, 2011
Bitcoin reaches parity with US dollar.
Bitcoin touches US$1.00/BTC at MtGox, reaches parity with the US dollar for the first time.
August 20, 2011
Bitcoin Conference and World Expo.
The first Bitcoin Conference and World Expo was held in New York City, NY.
December 20, 2012
Buysellbitco.in is launched.
Mahin Gupta launches India’s first Bitcoin Exchange.
March 28, 2013
Market cap reaches $1 billion.
The total Bitcoin market cap passes US$1 billion.
May 2, 2013
First Bitcoin ATM unveiled.
The first Bitcoin ATM in the world is debuted in San Diego, California.
November 19, 2013
Bitcoin goes above $1000.
Bitcoin price surges to a record of US$1242 after Senate hearings.
November 19, 2013
Bitcoin moves more money than Western Union.
Bitcoin transaction volume surpasses Western Union.
November 22, 2013
Space travel becomes possible with Bitcoin.
Richard Branson’s Virgin Galactic begins accepting Bitcoin for space travel.
January 9, 2014
Overstock accepts bitcoin.
May 8, 2014
Federal Election Commission approves bitcoin donations to political committees.
September 23, 2014
PayPal starts accepting bitcoin payments for merchants.
October 31, 2014
Zebpay launches a simple bitcoin wallet with a mission to spread bitcoins to billions.
December 11, 2014
Microsoft announces that it will accept bitcoin on its platform.
Japanese e-commerce giant Rakuten Inc. accepts Bitcoin payments.
Rand Paul became first Presidential Candidate to accept Bitcoin.
First regulated bitcoin-based security began trading in Stockholm.
On August 8 2015, BitLicense came into effect in New York.
Bitcoin is a Commodity according to The Commodity Futures Trading Commission.
The mysterious creator of bitcoin has been nominated for the Nobel Prize in Economics.
You can now buy games on Steam using Bitcoin.
Bitcoin hits two-year high ahead of key event trading at $703.
Swiss railway ticket machines to sell Bitcoin digital currency.
Bitcoin enjoys end of year price surge has hit a three-year high with each one now worth about $900.
January 2, 2017
Bitcoin tops $1,000 for first time in three years as 2017 trading begins.
March 1, 2017
Value of 1 bitcoin surpassed the spot price of an ounce of gold for the first time.