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11 Historical Bitcoin moments: a pictorial countdown of the cryptocurrency history

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Let’s take a walk on the historical side, today. 99Bitcoins got nostalgic and decided to remember the major moments of Bitcoin’s history. Here’s a list of the 10 most important events that have shaped the currency’s history until the present.

1.  August 18, 2008: domain is registered

18th August 2008 domain is Registered mod

While the world didn’t even knew the word Bitcoin, even less what it was or the possibilities it could bring, this was one of the moments that would change it all.

2. October 31, 2008: a peer-to-peer electronic cash system

Bitcoin's Paper A PeertoPeer Electronic Cash System mod

This was the day when the mysterious Satoshi Nakamoto published the work that would help the core developers creating Bitcoin’s network. Until today, we still don’t know who Satoshi is.

3. January 12, 2009: first Bitcoin transaction

The first Bitcoin transaction, in block 170, happened when Satoshi Nakamoto transferred Bitcoins to Hal Finney, a developer for PGP Corporation. Hall was also the first person to tweet about Bitcoin.

4.  February 6, 2010: Bitcoin market established

February 6 2010 Bitcoin Market established mod

The Bitcoin Market is a former cryptocurrency exchange web page owned and operated by dwdollar.

5. July 17, 2010: MtGox established

July 17 2010 MtGox established mod

What is now the world’s biggest and most famous exchange platform started working in 2010, when cryptocurrency was just a baby.

6. November 6, 2010: Bitcoin economy passed $1 million

November 6 2010 The Bitcoin economy passed US $1 million mod

This was a historic day! Bitcoin was growing and this was thedefinitive proof.

7. February 9, 2011: Bitcoin reached parity with the US dollar, touching $1 per BTC

February 9 2011 Bitcoin reached parity with the US dollar touching $1 per BTC

If only we knew the future, we wouldn’t be so surprised at the time. This was a huge milestone for Bitcoin!

8. July 22, 2011: Bitcoin Mobile is released

July 22 2011 BitCoin Mobile, the first Bitcoin application for iPad released mod

Cryptocurrency became portable with the launch of the first Bitcoin app for iPad.


9. March 1, 2012: largest Bitcoin theft after a security breach at web host Linode

March 1 2012 Largest Bitcoin theft after a security breach at web host Linode mod

This attack became part of Bitcoin history as one of the major heists at the beginning of the cryptocurrency history. At the time, 43,000 BTC were stolen from Bitcoinica and 3,000 BTC from Slush.

10. September 27, 2012: formation of the Bitcoin Foundation

September 27 2012 Formation of the Bitcoin Foundation

The creation of the Bitcoin Foundation was a really big step towards cryptocurrency diffusion. Today, the institution keeps getting stronger and it now has a new executive director, Jon Matonis.

11. From March to April 2013: total Bitcoin market cap passes $1 billion and the $200 mark

March to April 2013 Total Bitcoin market cap passes $1 billion with the Price Breaking the $200 mark mod

With an astonishing growth – which preceded a scary crash, like most Bitcoiners remember -, Bitcoin prove that it had come to stay.

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including investments in gold and, since early 2013, Bitcoin. While not extensively tech-savvy, I've immersed myself in Bitcoin through dedicated study, persistent questioning, hands-on experience with ecommerce and marketing ventures, and my stint as a journalist. Writing has always been a passion of mine, and presently, I'm focused on crafting informative guides to shed light on the myriad advantages of Bitcoin, aiming to empower others to navigate the dynamic realm of digital currencies.

View all Posts by Alexander Reed

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