Bitcoin history

Now let us take a look at bitcoin history.

  1. 2009 – Satoshi nakomoto released the bitcoin in 2009
  2. 2011 – Bitcoin price hits $1 on 1 feb 2011. Price zoomed to $31 on 8 July 2011 and then crashed to $2 by dec 2011. This was the first major crash.
  3. 2012 – bitpay and wordpress started accepting Payments in the form of bitcoins
  4. 2013 – first bitcoin ATM opened in Canada. Price hit $266 on 11 april 2013.
  5. 2014 – Microsoft and dell started accepting bitcoins. Price hit $1000 in Jan 2014.
  6. 2015 – More than 150,000 merchants along with Barclays bank started accepting bitcoin payments.
  7. 2016 – more than 700 ATMs set up worldwide for bitcoins. Swiss Railway operator SBB (CFF) started accepting bitcoins
  8. 2017 – Japan, Russia and Norway legalised the bitcoin. The bitcoin symbol added in Currency Symbols block. Bitcoin split into classic bitcoin (BTC) and the Bitcoin Cash (BCH). Price hit $18000 on 8 dec 2017.

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