Timeline

2008

August:

Bitcoin.org is registered.

October:

“Bitcoin: A Peer-to-Peer Electronic Cash System” is published.

2009

January:

The first block of Bitcoins (the “Genesis Block”) is mined.

Satoshi Nakamoto conducts the first Bitcoin transaction when they send ten Bitcoins to computer programmer Hal Finley.

2010

May:

Laszlo Hanyecz exchanges 10,000 Bitcoin for two pizzas worth twenty-five dollars.

July:

Bitcoin’s value rises above a penny.

Mt. Gox opens.

2011

January:

The Silk Road Dark Web marketplace launches.

February:

Bitcoin’s value reaches parity with one dollar.

2012

April:

Bitcoin’s value rises above $100.

2013

May:

The first Bitcoin ATM starts operating in San Diego, California.

October:

The Silk Road Dark Web is shut down by the FBI.

November:

Bitcoin’s value rises above $1,000.

Vitalik Buterin writes the Ethereum white paper.

2014

February:

After years of theft, the Mt. Gox exchange collapses.

2015

July:

The Ethereum network launches.

2016

February:

Bitcoin Classic is launched.

April:

The DAO launches and is later hacked.

2017

August:

Bitcoin Cash is launched.

December:

Bitcoin rises above $10,000.

Bitcoin’s value peaks at $19,783.

2018

January:

Bitcoin’s price falls to as low as $9,199.59, half its peak price, and then declines to less than $4,000 over the next several months.

June:

Zug, Switzerland, tests blockchain technology for voting.

November:

Ohio becomes the first US state to accept Bitcoin for tax payments.

December:

Gerald Cotten of cryptocurrency exchange QuadrigaCX reportedly dies in India.

2019

January:

Ethereum Classic suffers a 51 percent attack.

February:

Cryptocurrency exchange QuadrigaCX goes bankrupt.

May:

Online retailers, including Amazon and Barnes and Noble, begin accepting cryptocurrencies.

June:

Facebook announces its cryptocurrency, Libra.

Justin Sun, founder of the cryptocurrency TRON, bids $4.6 million to win lunch with Warren Buffett.

2020

January:

Justin Sun and Warren Buffett have lunch.

2140

The last Bitcoin will be mined.