Difference between revisions of "Timeline of Bitcoin"
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− | This is a '''timeline of Bitcoin'''. | + | {{focused coverage period|end-date = February 2021}} |
+ | |||
+ | This is a '''timeline of {{w|Bitcoin}}''', attempting to describe the evolution of the cryptocurrency and its influence around the world. All {{w|Bitcoin Core}} version updates are included. | ||
+ | |||
+ | == Sample questions == | ||
+ | |||
+ | The following are some interesting questions that can be answered by reading this timeline: | ||
+ | |||
+ | * What are some significant events prior to the development of Bitcoin? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Prelude". | ||
+ | ** You will see significant events like early key publications and technologies. | ||
+ | * What are some significant early events related to the development of Bitcoin? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Early development". | ||
+ | ** You will see early events starting from the first codings by {{w|Satoshi Nakamoto}}. | ||
+ | * How did Bitcoin valuation evolve over time? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Valuation". | ||
+ | ** See the Visual data section which provides graphs illustrating the valuation of Bitcoin. | ||
+ | * What are some milestone transactions involving Bitcoin? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Milestone transaction". | ||
+ | ** You will discover some historic events, like two pizzas having been ordered in exchange for 10,000 Bitcoins in 2010. | ||
+ | * What are some Bitcoin acquisitions of historical importance? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Notable acquisition" | ||
+ | ** You will see sizable and/or early acquisitions by some notable people now commonly associated with the cryptocurrency. | ||
+ | * What are some events describing the adoption of Bitcoin? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Currency adoption" | ||
+ | ** You will see some notable examples of Bitcoin adoption as a payment method, as well as an investment and {{w|medium of exchange}}. | ||
+ | * What are some notable events related to Bitcoin mining? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Mining". | ||
+ | ** You will see events related to Bitcoin halving, mining farms, companies specialized in bitcoin mining, and several milestone figures. | ||
+ | * What are some notable organizations related to Bitcoin? | ||
+ | ** For Bitcoin exchange, sort the full timeline by "Event type" and look for the group of rows with value "Organization ([[w:Bitcoin exchange|exchange company]])". | ||
+ | ** For other organizations, sort the full timeline by "Event type" and look for the group of rows with value "Organization". | ||
+ | * What are the several warnings on the use of Bitcoin issued by national authorities around the world? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Official response (warning)". | ||
+ | ** You will see events describing declarations by authorities against the use of Bitcoin and cryptocurrencies in general, due to several reasons. | ||
+ | * What are the several regulations of Bitcoin issued by national authorities around the world? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Official response (regulation)". | ||
+ | ** You will see a diverse list of events related to positive responses by authorities, like the adoption as payment for administrative costs in {{w|Switzerland}} to regulations in other countries aimed at legalizing transactions. | ||
+ | * What are the several negative reactions by national authorities around the world? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Official response (negative)". | ||
+ | ** You will see mostly events describing non recognitions by authorities to complete bans? | ||
+ | * What are some historic heists and hacks involving Bitcoins? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Security". | ||
+ | ** You will discover some important heists, like the {{w|Mt. Gox}} hack, Bitcoin's biggest heist to date. | ||
+ | * What are some notable Bitcoin forks? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Bitcoin fork". | ||
+ | ** You will see a list of major forks. | ||
+ | * What are some important papers, posts, and publications related to Bitcoin? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "Literature". | ||
+ | ** You will see important contributions, including publications by {{w|Satoshi Nakamoto}}. | ||
+ | * What are some events describing web contribution of information on about Bitcoin? | ||
+ | ** Sort the full timeline by "Event type" and look for the group of rows with value "{{w|Content creation}}". | ||
+ | ** You will mostly see some notable forums on {{w|reddit}}. | ||
+ | * Other events are described under the following types: "Blockchain company", "{{w|Broadcasting}}", "Corporation policy", "Education", "Fraud case", "Legal", "{{w|Market capitalization}}", "Notable case", "Notable people", "Notable prediction", "Research", "Service shutdown", and "Website launch". | ||
==Big picture== | ==Big picture== | ||
+ | |||
+ | === Summary by year === | ||
{| class="wikitable" | {| class="wikitable" | ||
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| 2011–2012 || Continued development || Satoshi Nakamoto disappears, but Bitcoin growth continues. Silk Road, BitPay, and Coinbase all launch during this period. | | 2011–2012 || Continued development || Satoshi Nakamoto disappears, but Bitcoin growth continues. Silk Road, BitPay, and Coinbase all launch during this period. | ||
|- | |- | ||
− | | | + | | 2013 || First crash || The price of one Bitcoin reaches US$1,000 for the first time. Shortly after, the price quickly begins to decline, plummetting to around U$300. It would take more than two years before the price reached $1,000 again.<ref name="A Short History Of Bitcoin And Crypto Currency Everyone Should Read">{{cite web |title=A Short History Of Bitcoin And Crypto Currency Everyone Should Read |url=https://www.forbes.com/sites/bernardmarr/2017/12/06/a-short-history-of-bitcoin-and-crypto-currency-everyone-should-read/#593a48143f27 |website=forbes.com |accessdate=30 December 2019}}</ref> |
+ | |- | ||
+ | | 2014–2016 || Temporal stall || In January 2014, Mt.Gox, the world’s largest Bitcoin exchange, goes offline, and the owners lose 850,000 Bitcoins.<ref name="A Short History Of Bitcoin And Crypto Currency Everyone Should Read"/> This is considered the biggest Bitcoin heist in history. Quickly the Bitcoin price falls below $1,000 around the time, and would struggle below the key level for a few years.<ref name="Bitcoin History: Timeline"/> 2014 is characterized by mainstream investors discovering their appetite for bitcoin startups.<ref>{{cite web |title=Barry Silbert edges out Tim Draper with 48,000 bitcoin victory in fight for crypto-dominance |url=https://www.bizjournals.com/bizjournals/news/2014/12/09/barry-silbert-edges-out-tim-draper-with-48-000.html |website=www.bizjournals.com |access-date=8 February 2021}}</ref> | ||
+ | |- | ||
+ | | 2017 || Mainstream popularity || Bitcoin sees a roughly 20-fold rise since the beginning of the year, growing also exponentially in popularity. Throughout 2017, Bitcoin value would grow from US$900 to almost US$20,000. | ||
+ | |- | ||
+ | | 2018 || [[w:2018 cryptocurrency crash|Bitcoin crash]] || In January, the [[w:2018 cryptocurrency crash|Great crypto crash]] occurs. After an unprecedented boom in 2017, the price of Bitcoin falls by about 65 percent during the month from 6 January to 6 February. In late March, {{w|Facebook}}, {{w|Google}}, and {{w|Twitter}} ban advertisements for {{w|initial coin offering}}s (ICO) and token sales.<ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2018-03-26/twitter-joins-facebook-google-in-banning-crypto-coin-sale-ads|title=Twitter Joins Facebook, Google in Banning Crypto Coin Sale Ads|last=Russo|first=Camila|date=March 26, 2018|work=Bloomberg|access-date=30 December 2019}}</ref> The price steadily drops all year.<ref name="Bitcoin History: Timeline">{{cite web |title=Bitcoin History: Timeline, Origins and Founder |url=https://www.thestreet.com/investing/bitcoin/bitcoin-history-14686578 |website=thestreet.com |accessdate=1 January 2020}}</ref> By November 15, Bitcoin's market capitalization falls below US$100 billion for the first time since October 2017 and the price of Bitcoin falls to $5,500.<ref>{{Cite news|url=https://www.cnbc.com/2018/11/15/bitcoin-market-cap-falls-below-100-billion-for-first-time-since-2017.html|title=Bitcoin market cap falls below $100 billion for first time since October 2017|last=Huang|first=Eustance|date=2018-11-14|publisher={{w|CNBC}}|access-date=2018-11-15}}</ref><ref>{{Cite news|url=http://fortune.com/2018/11/15/bitcoin-price-cryptocurrency-crash-why/|title=The Entire Cryptocurrency Scene—Including Bitcoin—Is Plummeting Again. These Might Be the Reasons Why|work=Fortune|access-date=30 December 2019|language=en}}</ref> | ||
+ | |- | ||
+ | | 2019 || Resurgence || Bitcoin sees a new resurgence in price and volume, rising to around US$10,000. As of the end of 2019, the price of one Bitcoin is of around US$7,250. | ||
+ | |- | ||
+ | | 2020–2021 || New heights || Bitcoin valuation surpasses the 2017 [[w:cryptocurrency bubble|bubble]] highest value. Increasing institutional adoption is experienced as the first real signs banks, money managers, insurance firms and companies start to embrace fast-growing markets for cryptocurrencies and digital assets.<ref>{{cite web |title=For many reasons 2020 will loom large in future textbooks on financial history. |url=https://www.coindesk.com/bitcoin-prices-in-2020-heres-what-happened |website=coindesk.com |access-date=15 February 2021}}</ref> | ||
+ | |- | ||
|} | |} | ||
+ | |||
+ | === Summary by country === | ||
+ | |||
+ | {| class="wikitable" | ||
+ | ! Key country !! Summary | ||
+ | |- | ||
+ | | {{w|United States}} || The United States is home to most of the world's largest Bitcoin companies, as well as most crypto endeavors and activities.<ref name="usethebitcoin.com"/><ref>{{cite web |title=Buy Bitcoin in the United States |url=https://www.buybitcoinworldwide.com/united-states/ |website=buybitcoinworldwide.com |accessdate=23 March 2020}}</ref> There is a large number of exchanges, trading platforms, funds, crypto mining facilities, and blockchain-oriented projects.<ref name="usethebitcoin.com"/> As of February 2019, This country leads with over 2,625 nodes, followed by Germany and France with 2016 and 698 respectively.<ref name="thenextweb.com">{{cite web |title=3 countries host over 50% of the world’s Bitcoin nodes |url=https://thenextweb.com/hardfork/2019/02/27/3-countries-50-perecent-bitcoin-network/ |website=thenextweb.com |accessdate=23 March 2020}}</ref> | ||
+ | |- | ||
+ | | {{w|China}} || As of June 2018, financial institutions are not allowed to facilitate Bitcoin transactions.<ref name="loc.govs"/> The country leads in digital trading, and its exchanges have one of the biggest volumes of Bitcoin being traded on a daily basis.<ref name="usethebitcoin.com">{{cite web |title=10 Countries with the Most Bitcoin Hodlers |url=https://usethebitcoin.com/10-countries-with-the-most-bitcoin-hodlers/ |website=usethebitcoin.com |accessdate=23 March 2020}}</ref> | ||
+ | |- | ||
+ | | {{w|Japan}} || As of 2020, Japan is one of the few countries that recognize cryptocurrencies as a legitimate means of payment. The country has one of the most effective regulatory environments in the world related to blockchain technology and virtual currencies. After the {{w|United States Dollar}}, Japan is also the country with the second-largest trading volume against Bitcoin around the world.<ref name="usethebitcoin.com"/> | ||
+ | |- | ||
+ | | {{w|South Korea}} || {{w|South Korea}} accounts for almost 10% of all the Bitcoin traded around the world, after the {{w|United States Dollar}} and the {{w|Japanese Yen}}. The country hosts a large amount of exchanges and crypto businesses and there is a big interest in trading and using cryptocurrencies among the population.<ref name="usethebitcoin.com"/> | ||
+ | |- | ||
+ | | {{w|Switzerland}} || {{w|Switzerland}} aims to become a cryptocurrency and blockchain hub. Local regulators have a very open mind towards digital assets.<ref name="usethebitcoin.com"/> It is possible to pay taxes with Bitcoin in some districts of the country. However, there is currently no form of "state-backed" cryptocurrency.<ref>{{cite web |title=Blockchain and cryptocurrency regulation 2020 |url=https://www.globallegalinsights.com/practice-areas/blockchain-laws-and-regulations/switzerland |website=globallegalinsights.com |accessdate=24 March 2020}}</ref> | ||
+ | |- | ||
+ | |} | ||
+ | |||
+ | |||
+ | |||
==Full timeline== | ==Full timeline== | ||
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{| class="sortable wikitable" | {| class="sortable wikitable" | ||
− | ! Year !! Month and date !! Event type !! Details | + | ! Year !! Month and date !! Event type !! Details !! Country/location |
+ | |- | ||
+ | | 1976 || || Prelude || The [[wikipedia:Public-key cryptography#Public discovery|first public work on public-key cryptography]] is published.<ref name="gwern" /> Public-key cryptography is used in Bitcoin for specifying ownership of coins.<ref name="How_bitcoin_works" /> || {{w|United States}} | ||
+ | |- | ||
+ | | 1979 || || Prelude || The [[wikipedia:Merkle tree|Merkle tree]] is patented by [[wikipedia:Ralph Merkle|Ralph Merkle]].<ref name="gwern" /> || {{w|United States}} | ||
+ | |- | ||
+ | | 1991 || || Prelude || Haber and Stornetta's paper on linked timestamping is published.<ref name="princeton_bitcoin_book">{{cite book |title=Bitcoin and Cryptocurrency Technologies (draft version) |first1=Arvind |last1=Narayanan |first2=Joseph |last2=Bonneau |first3=Edward |last3=Felten |first4=Andrew |last4=Miller |first5=Steven |last5=Goldfeder |first6=Jeremy |last6=Clark |date=February 9, 2016 |publisher=Princeton University Press |url=https://d28rh4a8wq0iu5.cloudfront.net/bitcointech/readings/princeton_bitcoin_book.pdf?a=1}}</ref>{{rp|15}} || {{w|United States}} | ||
+ | |- | ||
+ | | 1992–1993 || || Prelude || A {{w|proof-of-work system}} for {{w|email spam}} is presented.<ref name="gwern" /> || | ||
+ | |- | ||
+ | | 1997 || {{dts|March 28}} || Prelude || {{w|Adam Back}} proposes [[wikipedia:Hashcash|Hashcash]] on the Cypherpunks mailing list.<ref name="gwern" /><ref>{{cite web |url=http://www.hashcash.org/papers/announce.txt |title=[ANNOUNCE] hash cash postage implementation |accessdate=June 16, 2017}}</ref> || | ||
+ | |- | ||
+ | | 1998 || || Prelude || Wei Dai's b-money paper is published.<ref name="gwern" /> || | ||
+ | |- | ||
+ | | 1998 || || Prelude || American computer scientist {{w|Nick Szabo}} claims to have had the idea of Bitgold as early as this year. He would only blog about the idea in 2005.<ref name="princeton_bitcoin_book" />{{rp|17}} || {{w|United States}} | ||
+ | |- | ||
+ | | 1999 || || Prelude || Sander and Ta-Shma's anonymous electronic cash system is published. "Satoshi could have integrated some anonymity insights of this approach into Bitcoin, but it is unclear whether he was not aware of this work when he released Bitcoin, whether he was familiar with it but decided not to use these features because of their high computational cost, or whether he consciously decided to leave Bitcoin pseudonymous."<ref>{{cite book |title=Understanding Bitcoin: Cryptography, engineering, and economics |author=Pedro Franco |year=2015 |publisher=Wiley}}</ref>{{rp|165–167}} || | ||
+ | |- | ||
+ | | 2001 || || Prelude || [[wikipedia:SHA-2|SHA-2]] is first published.<ref name="gwern" /> Of the SHA-2 family of hash functions, SHA-256 would be used in Bitcoin for "integrity, block-chaining, and the hashcash cost-function".<ref name="How_bitcoin_works">{{cite web |url=https://en.bitcoin.it/wiki/How_bitcoin_works |title=How bitcoin works |website=Bitcoin Wiki |accessdate=June 16, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2002 || {{dts|August 1}} || Prelude || Adam Back's Hashcash paper is published. This is the paper cited in Satoshi Nakamoto's white paper.<ref>{{cite web |url=http://www.hashcash.org/papers/hashcash.pdf |title=Hashcash - A Denial of Service Counter-Measure |author=Adam Back |date=August 1, 2002 |accessdate=June 16, 2017}}</ref> The paper also happens to be the most-recently-published reference in Satoshi Nakamoto's white paper.<ref>{{cite web |url=https://bitcoin.org/bitcoin.pdf |title=Bitcoin: A Peer-to-Peer Electronic Cash System |author=Satoshi Nakamoto |accessdate=June 16, 2017}}</ref> || {{w|United Kingdom}} | ||
+ | |- | ||
+ | | 2002 || {{dts|December 9}}–10 || Prelude || An entity x posts to the alt.internet.p2p and uk.finance newsgroups an "idea of a future with virtual peer to peer banking". This entity is speculated to be Satoshi Nakamoto.<ref>{{cite web |url=https://groups.google.com/forum/#!msg/uk.finance/-Ko72tv170I/HTKv-5VCbGQJ |title=Virtual peer to peer banking - Google Groups |accessdate=June 15, 2017}}</ref><ref>{{cite web |url=https://en.bitcoin.it/wiki/X |title=x |website=Bitcoin Wiki |accessdate=June 15, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2007 || {{dts|May}} || Early development || Satoshi Nakamoto claims he starts coding Bitcoin around this time.<ref name="princeton_bitcoin_book" />{{rp|18}} || | ||
+ | |- | ||
+ | | 2008 || {{dts|August}} || Early development || Satoshi Nakamoto emails Adam Back, the creator of hashcash, "asking him to look at a short paper describing something called Bitcoin".<ref name="popper_digitial_gold">{{cite book |title=Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money |author=Nathaniel Popper |year=2015 |publisher=Harper}}</ref> || | ||
+ | |- | ||
+ | | 2008 || {{dts|August 18}} || Early development || The <code>bitcoin.org</code> domain name is registered on this day.<ref name="gwern">{{cite web |url=https://www.gwern.net/Bitcoin%20is%20Worse%20is%20Better |author=gwern |date=May 27, 2011 |title=Bitcoin is Worse is Better |website=Gwern.net |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2008 || {{dts|August 22}} || Notable people || Satoshi Nakamoto emails Wei Dai. In the email, Nakamoto links to a "pre-release draft" of the white paper and asks when Dai's b-money paper was published, claiming that he wants to know this so he can cite the paper correctly in his own.<ref name="gwern_2008_nakamoto" /> || | ||
+ | |- | ||
+ | | 2008 || {{dts|October 3}} || Notable people || A version of Satoshi Nakamoto's white paper exists from this day.<ref name="gwern_2008_nakamoto">{{cite web |url=https://www.gwern.net/docs/2008-nakamoto |author=Satoshi Nakamoto, Wei Dai |date=March 17, 2014 |title=Dai/Nakamoto emails |website=Gwern.net |accessdate=June 13, 2017}}</ref><ref>{{cite web |url=https://www.gwern.net/docs/20081003-nakamoto-bitcoindraft.pdf |title=20081003-nakamoto-bitcoindraft.pdf |accessdate=June 13, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2008 || {{dts|November 1}} || Literature || The first public version of Satoshi Nakamoto's white paper, titled "Bitcoin: A Peer-to-Peer Electronic Cash System", is published.<ref name="gwern" /><ref>{{cite web |url=https://www.mail-archive.com/cryptography@metzdowd.com/msg09959.html |title=Bitcoin P2P e-cash paper |accessdate=June 12, 2017 |date=November 1, 2008}}</ref> Depending on the time zone, this is October 31.<ref name="cat_hist" /> || | ||
+ | |- | ||
+ | | 2008 || {{dts|November 9}} || Early development || The Bitcoin project is registered on [[wikipedia:SourceForge|SourceForge]].<ref name="cat_hist" /><ref>{{cite web |url=https://sourceforge.net/projects/bitcoin/ |title=Bitcoin |publisher=SourceForge |accessdate=June 12, 2017 |quote=Registered 2008-11-09}}</ref> || | ||
+ | |- | ||
+ | | 2008 || {{dts|November}}–December || Notable people || Satoshi Nakamoto sends Hal Finney "an early, beta version [of Bitcoin] for testing". "In test runs in November and December they worked out some of the early kinks."<ref name="popper_digitial_gold" /> || | ||
+ | |- | ||
+ | | 2009 || {{dts|January 3}} || Early development || The Bitcoin genesis block is established.<ref>{{cite web |url=https://blockexplorer.com/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f |title=Bitcoin Block 0 |website=Bitcoin Block Explorer |accessdate=June 12, 2017}}</ref><ref name="cat_hist">{{cite web |url=https://en.bitcoin.it/wiki/Category:History |title=Category:History |website=Bitcoin Wiki |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|January 12}} || Milestone transaction || The first Bitcoin transaction takes place, from Satoshi Nakamoto to [[wikipedia:Hal Finney (computer scientist)|Hal Finney]].<ref name="firsts">{{cite web |url=https://en.bitcoin.it/wiki/Bitcoin_Firsts |title=Bitcoin Firsts |website=Bitcoin Wiki |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|March 8}} || {{w|Content creation}} || The article {{w|Bitcoin}} is created on {{w|English Wikipedia}}.<ref>{{cite web |title=Bitcoin: Revision history |url=https://en.wikipedia.org/w/index.php?title=Bitcoin&dir=prev&action=history |website=en.wikipedia.org |access-date=11 December 2020}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|May}} || Early development || Martti Malmi emails Satoshi Nakamoto for the first time, expressing willingness to help with Bitcoin development.<ref name="popper_digitial_gold" /> || | ||
+ | |- | ||
+ | | 2009 || {{dts|August 29}} || {{w|Content creation}} || The first revision in the Bitcoin Git repository is made on this day. However this commit is converted from the Subversion revision control system.<ref name="gwern" /><ref>{{cite web |url=https://github.com/bitcoin/bitcoin/commit/4405b78d6059e536c36974088a8ed4d9f0f29898 |publisher=GitHub |title=First commit · bitcoin/bitcoin@4405b78 |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|October 5}} || Early development || BTC–USD exchange rates are first posted by NewLibertyStandard, where $1 is worth 1,309.03 BTC.<ref name="cat_hist" /> "During 2009 my exchange rate was calculated by dividing $1.00 by the average amount of electricity required to run a computer with high CPU for a year, 1331.5 kWh, multiplied by […] the average residential cost of electricity in the United States for the previous year, $0.1136, divided by 12 months divided by the number of bitcoins generated by my computer over the past 30 days."<ref>{{cite web |url=http://newlibertystandard.wikifoundry.com/page/2009+Exchange+Rate |title=2009 Exchange Rate - New Liberty Standard |accessdate=June 14, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|October 9}}–12 || {{w|Content creation}} || The channel #bitcoin-dev is apparently registered on the [[wikipedia:Freenode|Freenode]] IRC network around this time. The two sources documenting this have conflicting dates, neither provides a source, and it's unclear how to tell when a channel was registered.<ref name="cat_hist" /><ref>{{cite web |url=https://books.google.com/books?id=Jjw4DAAAQBAJ&lpg=PT4&ots=UAySAnv_Jt&dq=freenode%20%22bitcoin-dev%22&pg=PT4#v=onepage&q=freenode%20%22bitcoin-dev%22&f=false |title=Be a BITCOIN Millionaire |publisher=Google Books |accessdate=June 14, 2017}}</ref> Discussion about chat logs would only come almost a year later.<ref>{{cite web |url=https://bitcointalk.org/index.php?topic=986.0 |title=Freenode / #Bitcoin-Dev Chat Logs |accessdate=June 14, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|October 12}} || Milestone transaction || The first trade of Bitcoin for [[wikipedia:Fiat money|fiat money]] takes place. Martti Malmi (Sirius) sells 5,050 BTC to NewLibertyStandard for $5.02.<ref name="firsts" /><ref>{{cite web |url=https://twitter.com/marttimalmi/status/423455561703624704 |title=Martti Malmi on Twitter |publisher=Twitter |accessdate=June 12, 2017 |quote=Found the first known bitcoin to USD transaction from my email backups. I sold 5,050 BTC for $5,02 on 2009-10-12.}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|November 22}} || {{w|Content creation}} || Bitcoin Talk, a discussion forum about Bitcoin, is created.<ref>{{cite web |url=https://en.bitcoin.it/wiki/BitcoinTalk |title=BitcoinTalk - Bitcoin Wiki |accessdate=June 24, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2009 || {{dts|December 30}} || || The first difficulty increase occurs, from 1 to 1.18.<ref>{{cite web |url=https://blockchain.info/block/000000004f2886a170adb7204cb0c7a824217dd24d11a74423d564c4e0904967 |title=Bitcoin Block #32256 |accessdate=June 14, 2017}}</ref><ref>{{cite web |url=http://www.ggtrust.com/currency/files/2015/06/3.-Basics-of-Cryptocurrency.pdf |title=PowerPoint Presentation - 3.-Basics-of-Cryptocurrency.pdf |accessdate=June 14, 2017}}</ref><ref name="cat_hist" /> || | ||
+ | |- | ||
+ | | 2010 || {{dts|February 6}} || Organization ([[w:Bitcoin exchange|exchange company]]) || An early version of Bitcoin Market begins operating.<ref>{{cite web |url=https://en.bitcoin.it/wiki/Bitcoin_Market |title=Bitcoin Market |website=Bitcoin Wiki |accessdate=June 14, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2010 || {{dts|March 17}} || Organization ([[w:Bitcoin exchange|exchange company]]) || BitcoinMarket.com starts operating as the first bitcoin exchange. The price per Bitcoin is of around US$0.003 at the time.<ref>{{cite web |title=Bitcoin History part 3 |url=https://www.pivot.one/share/post/5c21d34e595ce716ecc10970?uid=5baf14acf3098d7b5b37ac16&invite_code=CVWPZS |website=pivot.one |accessdate=30 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2010 || {{dts|April}}–May || Mining || Laszlo Hanecz (also "Hanyecz") begins mining bitcoin with a GPU around this time. On May 17 he wins twenty-eight blocks; these wins give him fourteen hundred new coins that day.<ref name="popper_digitial_gold" /> || {{w|United States}} | ||
+ | |- | ||
+ | | 2010 || {{dts|May 22}} || Milestone transaction || Laszlo Hanyecz (laszlo) reports that he has traded 10,000 of his bitcoins for two pizzas ordered by Jeremy Sturdivant (jercos). This transaction is the first documented purchase of a good using bitcoin.<ref>{{cite web |url=https://en.bitcoin.it/wiki/Laszlo_Hanyecz |title=Laszlo Hanyecz |publisher=Bitcoin Wiki |accessdate=June 12, 2017}}</ref><ref>{{cite web |url=https://en.bitcoin.it/wiki/Jercos |title=Jercos |publisher=Bitcoin Wiki |accessdate=June 12, 2017}}</ref><ref>{{cite web |url=https://bitcointalk.org/index.php?topic=137.0 |title=Pizza for bitcoins? |accessdate=June 12, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2010 || {{dts|July}} || Organization ([[w:Bitcoin exchange|exchange company]]) || Ross Ulbricht begins the development of Silk Road.<ref name="popper_digitial_gold" /> || | ||
+ | |- | ||
+ | | 2010 || {{dts|July 11}} || Currency adoption || Release of Bitcoin version 0.3 is posted to Slashdot. This is the result of a "campaign to get Bitcoin real press coverage". With the increase in traffic from Slashdot, the Bitcoin website temporarily goes down. Despite "the derogatory comments that showed up under the Slashdot item", this brings in a bunch of new Bitcoin users: "The number of downloads would jump from around three thousand in June to over twenty thousand in July. The day after the Slashdot piece appeared, Gavin Andresen's Bitcoin faucet gave away 5,000 Bitcoins and was running empty."<ref name="popper_digitial_gold" /><ref>{{cite web |url=http://historyofbitcoin.org/ |title=Bitcoin History: The Complete History of Bitcoin [Timeline] |accessdate=June 16, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2010 || {{dts|July 18}} || Organization ([[w:Bitcoin exchange|exchange company]]) || {{w|Mt. Gox}}, a bitcoin exchange founded by Jed McCaleb, is announced.<ref>{{cite web |url=https://www.gwern.net/docs/2014-mccaleb |author=Jed McCaleb |date=February 16, 2014 |title=Jed McCaleb interview |website=Gwern.net |accessdate=June 12, 2017}}</ref><ref>{{cite web |url=https://bitcointalk.org/index.php?topic=444.0 |title=New Bitcoin Exchange (mtgox.com) |accessdate=June 12, 2017 |author=mtgox}}</ref> McCaleb had heard about Bitcoin from the Slashdot post several days earlier.<ref name="popper_digitial_gold" /> || | ||
+ | |- | ||
+ | | 2010 || {{dts|July 18}} || Mining || ArtForz generates "his first block after establishing his personal OpenCL GPU hash farm". Apparently ArtForz announces this date on Bitcoin Talk, but neither source links to it, and a quick search didn't turn it up.<ref name="cat_hist" /><ref>{{cite web |url=http://www.ofnumbers.com/2014/04/20/how-artforz-changed-the-history-of-bitcoin-mining/ |title=How ArtForz changed the history of Bitcoin mining |date=April 20, 2014 |author=Tim Swanson |publisher=Great Wall of Numbers |accessdate=June 14, 2017 |quote=Assuming he began mining on July 18th (based on his forum post stating that)}}</ref> || | ||
+ | |- | ||
+ | | 2010 || {{dts|July}} (late) || {{w|Content creation}} || Martti Malmi launches the non-English Bitcoin forum, in Russian.<ref name="popper_digitial_gold" /> || | ||
+ | |- | ||
+ | | 2010 || {{dts|September 9}} || {{w|Content creation}} || The main Bitcoin subreddit, r/Bitcoin, is created. As of March 28, 2020 it has over 1,3 million members.<ref>{{cite web |title=Bitcoin - The Currency of the Internet |url=https://www.reddit.com/r/Bitcoin/new/ |website=reddit.com |accessdate=28 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2010 || {{dts|October 17}} || {{w|Content creation}} || The Freenode IRC channel #bitcoin-otc is established. (Citation gives this date but does not provide a source.)<ref name="cat_hist" /> || | ||
+ | |- | ||
+ | | 2010 || {{dts|November 6}} || {{w|Market capitalization}} || Bitcoin market capitalization passes $1 million.<ref name="cat_hist" /><ref>{{cite web |url=https://bitcointalk.org/index.php?topic=1672 |title=Bitcoin economy passes US $1 Million! |accessdate=June 14, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2010 || {{dts|December 12}} || Literature || The last post from the "satoshi" account on Bitcoin Talk is from this day.<ref>{{cite web |url=https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts |title=Latest posts of: satoshi |accessdate=June 16, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2010 || {{dts|December 19}} || Notable people || American software developer {{w|Gavin Andresen}} announces that he is stepping in to do "more active project management for bitcoin".<ref>{{cite web |url=https://bitcointalk.org/index.php?topic=2367.0;all |title=Development process straw-man |accessdate=June 12, 2017}}</ref><ref>{{cite web |url=https://www.technologyreview.com/s/527051/the-man-who-really-built-bitcoin/ |author=Tom Simonite |title=Meet Gavin Andresen, the most powerful person in the world of Bitcoin |publisher=MIT Technology Review |date=August 15, 2014 |accessdate=June 12, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2011 || || Physical bitcoin || Casascius coins are first created.<ref>{{cite web |url=https://en.bitcoin.it/wiki/Casascius_physical_bitcoins |title=Casascius physical bitcoins |website=Bitcoin Wiki |accessdate=June 27, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|January 6}} || Milestone transaction || First documented payment for work using Bitcoin takes place around this time.<ref name="firsts" /><ref>{{cite web |url=http://www.bitcoinblogger.com/2011/01/power-of-bitcoins.html |archiveurl=https://web.archive.org/web/20130618021437/http://www.bitcoinblogger.com/2011/01/power-of-bitcoins.html |archivedate=June 18, 2013 |title=The Power of Bitcoins |website=Bitcoin Blogger |date=January 6, 2011 |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|February}} || {{w|Exchange company}} || [[wikipedia:Silk Road (marketplace)|Silk Road]], the first modern darknet market, launches.<ref>{{cite web |url=https://bitcointalk.org/index.php?topic=3984.msg57086#msg57086 |title=Silk Road: anonymous marketplace. Feedback requested :) |accessdate=June 22, 2017}}</ref> Silk Road is the [[wikipedia:Darknet market#Silk Road and early markets|first darknet market to use both Tor and Bitcoin escrow]]. || | ||
+ | |- | ||
+ | | 2011 || {{dts|April 16}} || Literature || Jerry Brito's "Online Cash Bitcoin Could Challenge Governments, Banks" is published on ''Time''.<ref>{{cite web |url=http://techland.time.com/2011/04/16/online-cash-bitcoin-could-challenge-governments/ |publisher=TIME.com |title=Online Cash Bitcoin Could Challenge Governments, Banks |author=Jerry Brito |date=April 16, 2011 |accessdate=June 24, 2017}}</ref> Nathaniel Popper calls this "the first mainstream news coverage for Bitcoin".<ref name="popper_digitial_gold" /> || {{w|United States}} | ||
+ | |- | ||
+ | | 2011 || {{dts|April}} (late){{snd}}May (early) || Notable people || The final emails from Satoshi Nakamoto are from this period.<ref name="popper_digitial_gold" /> || | ||
+ | |- | ||
+ | | 2011 || {{dts|May}} || {{w|Payment service provider}} || {{w|BitPay}}, a Bitcoin payment service provider, is founded.<ref>{{cite web |url=https://www.crunchbase.com/organization/bitpay |title=BitPay |publisher=Crunchbase |accessdate=June 12, 2017 |quote=Founded: May 1, 2011}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2011 || {{dts|May 9}} || Physical bitcoin || The launch of Bitbills is announced. Bitbills are the first physical incarnation of bitcoins, coming in plastic cards that contain the cryptographic information.<ref>{{cite web |url=https://en.bitcoin.it/wiki/Bitbills |title=Bitbills |publisher=Bitcoin Wiki |accessdate=June 12, 2017}}</ref><ref>{{cite web |url=http://www.bitcoin.org/smf/index.php?topic=7724.0 |archiveurl=https://web.archive.org/web/20110514051850/http://www.bitcoin.org/smf/index.php?topic=7724.0 |archivedate=May 14, 2011 |date=May 9, 2011 |author=llama |title=Introducing Bitbills! |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|May 20}} || {{w|Content creation}} || The subreddit r/btc is created. As of March 28, 2020 it has 289,000 members.<ref>{{cite web |title=Bitcoin - The Internet of Money |url=https://www.reddit.com/r/btc/ |website=reddit.com |accessdate=28 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|June 1}} || Literature || The Gawker piece on Silk Road is published.<ref>{{cite web |url=http://gawker.com/the-underground-website-where-you-can-buy-any-drug-imag-30818160 |title=The Underground Website Where You Can Buy Any Drug Imaginable |author=Adrian Chen |publisher=Gawker |accessdate=June 22, 2017}}</ref><ref name="liu">{{cite web |url=https://motherboard.vice.com/en_us/article/turning-five-a-timeline-of-bitcoins-greatest-milestones |publisher=Motherboard |title=Turning Five: A Timeline of Bitcoin's Greatest Milestones |author=Alec Liu |date=January 5, 2014 |accessdate=June 22, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|June 1}} || [[W:cryptocurrency exchange|Exchange company]] || [[w:BTCC (company)|BTCC]] launches as a bitcoin trading platform that enables its users to buy and sell bitcoins in the native Chinese CNY currency.<ref>{{cite web |title=BTCC |url=https://www.crunchbase.com/organization/btcc#section-overview |website=crunchbase.com |accessdate=24 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|June 14}} || Notable people || American software developer {{w|Gavin Andresen}} gives a talk on Bitcoin at the CIA.<ref name="popper_digitial_gold" /><ref>{{cite web |url=https://bitcointalk.org/index.php?topic=6652.msg251755#msg251755 |title=Re: Gavin will visit the CIA |accessdate=June 24, 2017 |author=Gavin Andresen |date=June 20, 2011 |quote=I just uploaded pdf and KeyNote versions of the talk I gave at the CIA last Tuesday}}</ref><ref>{{cite web |url=https://twitter.com/gavinandresen/status/80785477342478336?lang=en |title=Gavin Andresen on Twitter |publisher=Twitter |accessdate=June 24, 2017 |quote=My talk at the CIA went well today. The hallways there are REALLY wide, and full of interesting stuff.}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2011 || {{dts|June 15}} || {{w|Content creation}} || The Bitcoin mining subreddit, r/BitcoinMining, is created. As of March 28, 2020 it has 37,300 members.<ref>{{cite web |title=Bitcoin Mining Forums: Turning Computers Into Cash Since 2011 |url=https://www.reddit.com/r/BitcoinMining/ |website=reddit.com |accessdate=28 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|June 19}} || [[w:Cryptocurrency and security|Security]] || Mt. Gox is hacked, causing the price of bitcoin to drop "from $17 to 1 penny in less than an hour".<ref name="popper_digitial_gold" /><ref name="The rise and fall of Mt. Gox"/> || | ||
+ | |- | ||
+ | | 2011 || {{dts|July 26}} || [[w:Cryptocurrency and security|Security]] || The Polish exchange site Bitomat temporarily goes offline.<ref>{{cite web |url=https://en.bitcoin.it/wiki/Bitomat |title=Bitomat |website=Bitcoin Wiki |accessdate=June 25, 2017}}</ref> It would later be announced that the private keys belonging to customers' Bitcoin addresses were accidentally deleted.<ref name="popper_digitial_gold" /> || {{w|Poland}} | ||
+ | |- | ||
+ | | 2011 || {{dts|July 28}} || [[W:cryptocurrency exchange|Exchange company]] || [[w:Kraken (company)|Kraken]] launches in the United States.<ref>{{cite web |title=Kraken |url=https://captainaltcoin.com/kraken-review/ |website=captainaltcoin.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Kraken |url=https://www.bestbitcoinexchange.net/en/kraken-com/comment-page-3/ |website=bestbitcoinexchange.net |accessdate=29 December 2019}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2011 || {{dts|July 29}} || Service shutdown || The bitcoin wallet service MyBitcoin shuts down. "The founder of the site, a man who called himself Tom Williams, was unresponsive and soon enough all the wallets were frozen."<ref name="popper_digitial_gold" /><ref>{{cite web |url=https://bitcointalk.org/index.php?topic=32900.0 |title=mybitcoin down or just me? |accessdate=June 25, 2017}}</ref><ref>{{cite web |url=https://en.bitcoin.it/wiki/MyBitcoin |title=MyBitcoin |website=Bitcoin Wiki |accessdate=June 25, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|July}} || [[w:Cryptocurrency and security|Security]] || The operator of Bitomat, the third-largest bitcoin exchange, announces having lost access to his wallet.dat file with about 17,000 bitcoins (roughly equivalent to US$220,000 at that time). He announces that he would sell the service for the missing amount, aiming to use funds from the sale to refund his customers.<ref>Dotson, Kyt (1 August 2011) {{cite web |url=http://siliconangle.com/blog/2011/08/01/third-largest-bitcoin-exchange-bitomat-lost-their-wallet-over-17000-bitcoins-missing/ |title=Third Largest Bitcoin Exchange Bitomat Lost Their Wallet, Over 17,000 Bitcoins Missing}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|August 19}} || Early development || The first Bitcoin Improvement Proposal (BIP) is submitted, explaining what a BIP is.<ref>{{cite web |url=https://en.bitcoin.it/wiki/Bitcoin_Improvement_Proposals |title=Bitcoin Improvement Proposals - Bitcoin Wiki |accessdate=June 22, 2017}}</ref><ref>{{cite web |url=https://github.com/bitcoin/bips/blob/master/bip-0001.mediawiki |publisher=GitHub |title=bitcoin/bips |accessdate=June 22, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|August}} (late) || Conference || The Bitcoin Conference & World Expo NYC 2011, organized by Bruce Wagner of ''The Bitcoin Show'', takes place.<ref name="popper_digitial_gold" /> || {{w|United States}} | ||
+ | |- | ||
+ | | 2011 || {{dts|August 30}} || Organization ([[w:Bitcoin exchange|exchange company]]) || {{w|Blockchain.com}} launches.<ref>{{cite web |title=Blockchain.com - The Most Trusted Crypto Company |url=https://www.blockchain.com/research |website=www.blockchain.com |access-date=11 February 2021 |language=en}}</ref><ref>{{cite web |title=Blockchain.com - 48 Reviews - Bitcoin Exchange - BitTrust.org |url=http://bittrust.org/blockchaincom/0 |website=bittrust.org |access-date=11 February 2021}}</ref> || | ||
+ | |- | ||
+ | | 2011 || {{dts|August}} || Organization ([[w:Bitcoin exchange|exchange company]]) || Bitcoin exchange {{w|Bitstamp}} is founded.<ref>{{cite web |title=bitstamp |url=https://www.bitstamp.net/article/bitstamps-fifth-anniversary/ |website=www.bitstamp.net |access-date=11 February 2021}}</ref><ref>{{cite web |title=Bitstamp deja de operar en Londres luego de 8 años de funcionamiento |url=https://es.cointelegraph.com/news/bitstamp-reportedly-leaves-london-after-8-years-of-operation |website=Cointelegraph |access-date=11 February 2021 |language=es}}</ref> || | ||
+ | |- | ||
+ | | 2011 || ? || Notable acquisition || {{w|Roger Ver}} starts investing in Bitcoin shares in this year.<ref name="henryharvin">{{cite web |title=WHO ARE THE RICHEST BITCOIN OWNERS? Bitcoin - Henry Harvin |url=https://www.henryharvin.com/blog/who-are-the-top-richest-bitcoin-owners/ |website=www.henryharvin.com |access-date=8 February 2021}}</ref> || | ||
+ | |- | ||
+ | | 2012 || {{dts|April 24}} || Website launch || Satoshi Dice (now called [[wikipedia:MegaDice|MegaDice]]), a betting site, is announced on Bitcoin Talk by [[wikipedia:Erik Voorhees|Erik Voorhees]].<ref>{{cite web |url=https://bitcointalk.org/index.php?topic=77870.0 |title=SatoshiDICE.com - The World's Most Popular Bitcoin Game |accessdate=June 27, 2017}}</ref><ref>{{cite web |url=https://en.bitcoin.it/wiki/Satoshi_Dice |title=Satoshi Dice |website=Bitcoin Wiki |accessdate=June 27, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2012 || {{dts|May 30}} || {{w|Content creation}} || The Bitcoin Magazine subreddit, r/BitcoinMagazine, is created. As of March 28, 2020 it has 998 subscribers.<ref>{{cite web |title=Bitcoin Magazine: Reading into Bitcoin |url=https://www.reddit.com/r/BitcoinMagazine/ |website=reddit.com |accessdate=28 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2012 || {{dts|June}} || Organization ([[w:Bitcoin exchange|exchange company]]) || [[wikipedia:Coinbase|Coinbase]], a digital asset exchange company that operates exchanges of Bitcoin (among other digital currencies), is founded.<ref>{{cite web |url=https://www.coinbase.com/about?locale=en-US |title=Coinbase - Buy and Sell Bitcoin, Ethereum, and Litecoin |accessdate=June 12, 2017 |quote=Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.}}</ref><ref>{{cite web |url=https://www.crunchbase.com/organization/coinbase |title=Coinbase |publisher=Crunchbase |accessdate=June 12, 2017 |quote=Founded: June 1, 2012}} Crunchbase gives June 1 as the founding date, but Wikipedia gives June 20 with no citation.</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2012 || {{dts|June 15}} || Organization ([[w:Bitcoin exchange|exchange company]]) || {{w|LocalBitcoins}} is founded.<ref>{{cite web |title=LocalBitcoins |url=https://www.crunchbase.com/organization/localbitcoins |website=crunchbase.com |accessdate=22 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2012 || {{dts|September 27}} || Organization || The [[wikipedia:Bitcoin Foundation|Bitcoin Foundation]] is founded.<ref>{{cite web |url=http://www.forbes.com/sites/jonmatonis/2012/09/27/bitcoin-foundation-launches-to-drive-bitcoins-advancement/ |first=Jon |last=Matonis |archivedate=January 23, 2013 |archiveurl=http://archive.is/0NaKf |title=Bitcoin Foundation Launches To Drive Bitcoin's Advancement |publisher=Forbes |date=September 27, 2012 |accessdate=June 12, 2017 |quote=Several months in the making, the Bitcoin Foundation launches this week}}</ref><ref name="liu" /> || {{w|United States}} | ||
+ | |- | ||
+ | | 2012 || {{dts|November 15}} || Milestone transaction || [[wikipedia:WordPress.com|WordPress.com]] begins accepting bitcoins for the purchase of upgrades.<ref name="firsts" /><ref>{{cite web |url=https://en.blog.wordpress.com/2012/11/15/pay-another-way-bitcoin/ |title=Pay Another Way: Bitcoin |date=November 15, 2012 |publisher=The WordPress.com Blog |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2012 || {{dts|November 23}} || Official response (negative) || The Central Bank of Norway releases per ethical guidelines indicating that it does not recognize cryptocurrencies, but it also does not prohibit its staff from owning or investing in them.<ref name="loc.govs"/> || {{w|Norway}} | ||
+ | |- | ||
+ | | 2012 || {{dts|November 29}} || Mining || The first Bitcoin halving event occurs at block height 210,000.<ref name="bitcoinblockhalf.coms">{{cite web |title=Bitcoin Block Reward Halving Countdown |url=https://www.bitcoinblockhalf.com/?fbclid=IwAR0PTtSY7ijsIWcHG6lop31QepEDsZo47ZTwrnKvk9hTYHkU4J8_BsNG-Tw |website=bitcoinblockhalf.com |accessdate=29 March 2020}}</ref> From then on, the amount of new Bitcoins issued every 10 minutes drops from 50 bitcoins to 25.<ref name="BITCOIN CLOCK">{{cite web |title=BITCOIN CLOCK |url=https://www.buybitcoinworldwide.com/bitcoin-clock/ |website=buybitcoinworldwide.com |accessdate=29 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2012 || {{dts|December}} || Organization ([[w:Bitcoin exchange|exchange company]]) || Cryptocurrency exchange {{w|Bitfinex}} launches.<ref>{{cite web |title=The (r)evolution has begun |url=https://blog.bitfinex.com/announcements/the-revolution-has-begun/ |website=Bitfinex blog |access-date=12 February 2021 |date=17 October 2019}}</ref> || | ||
+ | |- | ||
+ | | 2013 || || Mining || The Bitcoin startup 21 is founded as 21e6. The company produces specialized bitcoin mining chips and also works toward the mass adoption of bitcoin by "building bitcoin products for the general public".<ref>{{cite web |url=https://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/ |author=Michael J. Casey |publisher=[[wikipedia:The Wall Street Journal|The Wall Street Journal]] |title=Secretive Bitcoin Startup 21 Reveals Record Funds, Hints at Mass Consumer Play |accessdate=June 28, 2017 |date=March 10, 2015}}</ref><ref name="popper_digitial_gold" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|January 31}} || Mining || The first [[wikipedia:Application-specific integrated circuit|application-specific integrated circuits]] (ASICs) designed for Bitcoin mining are shipped.<ref name="liu" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|February 14}} || Milestone transaction || The social news aggregation website [[wikipedia:Reddit|Reddit]] begins accepting bitcoins for the purchase of reddit gold (reddit's premium membership).<ref name="firsts" /><ref>{{cite web |url=https://redditblog.com/2013/02/14/new-gold-payment-options-bitcoin-and-credit-card/ |publisher=Upvoted |title=New Gold Payment Options: Bitcoin and Credit Card |accessdate=June 12, 2017}}</ref><ref>{{cite web |url=https://techcrunch.com/2013/02/14/reddit-starts-accepting-bitcoin-for-reddit-gold-purchases-thanks-to-partnership-with-coinbase/ |date=February 14, 2013 |publisher=TechCrunch |title=Reddit Starts Accepting Bitcoin for Reddit Gold Purchases Thanks To Partnership With Coinbase |author=Drew Olanoff |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|February 15}} || {{w|Content creation}} || The subreddit r/Jobs4Bitcoins is created. As of March 28, 2020 it has 27,100 members.<ref>{{cite web |title=Jobs4Bitcoins: Find Work, Find Workers! |url=https://www.reddit.com/r/Jobs4Bitcoins/ |website=reddit.com |accessdate=28 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|March 2}} || Organization || {{w|CloudHashing}} is founded. It is a bitcoin mining-as-a-service company offering cloud mining contracts.<ref>{{cite web |title=CloudHashing |url=https://www.crunchbase.com/organization/cloudhashing#section-overview |website=crunchbase.com |accessdate=24 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|March 3}} || Conference || A secretive technology conference for "tech-industry power players" takes place. At the conference, [[wikipedia:Wences Casares|Wences Casares]] introduces or explains Bitcoin to business leaders including [[wikipedia:Reid Hoffman|Reid Hoffman]], [[wikipedia:Michael Ovitz|Michael Ovitz]], and [[wikipedia:Henry Blodget|Henry Blodget]].<ref name="popper_digitial_gold" /><ref>{{cite web |url=http://www.businessinsider.com/what-is-bitcoin-2013-3 |date=March 6, 2013 |title=Suddenly, Everyone's Talking About Bitcoin... |publisher=Business Insider |accessdate=June 28, 2017 |author=Henry Blodget}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|March 6}} || {{w|Content creation}} || The subreddit r/BitcoinBeginners is created. As of March 28, 2020 it has 83,300 members.<ref>{{cite web |title=Bitcoin for Beginners |url=https://www.reddit.com/r/BitcoinBeginners/ |website=reddit.com |accessdate=28 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|March 12}} || {{w|Bitcoin fork}} || An unexpected fork of the Bitcoin blockchain occurs due to a newer version of the Bitcoin client accepting a particular block that older versions of the client reject.<ref>{{cite web |url=https://raw.githubusercontent.com/bitcoin/bips/master/bip-0050.mediawiki |title=March 2013 Chain Fork Post-Mortem |accessdate=June 22, 2017}}</ref><ref>{{cite web |url=https://bitcoin.org/chainfork.html |title=11/12 March 2013 Chain Fork Information |accessdate=June 22, 2017}}</ref><ref>{{cite web |url=https://motherboard.vice.com/en_us/article/3ddw3v/weathering-the-storm-bitcoin-finds-new-resiliency |publisher=Motherboard |title=Weathering the Storm? Bitcoin Finds New Resiliency |author=Alec Liu |date=March 16, 2013 |accessdate=June 22, 2017 |quote=A block was produced that the latest version of the Bitcoin software, version 0.8, recognized as valid but that nodes still running version 0.7 or earlier rejected.}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|March 18}} || Official response || The [[wikipedia:Financial Crimes Enforcement Network|Financial Crimes Enforcement Network]] (FinCEN) releases guidance on using virtual currencies.<ref>{{cite web |url=https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html |archiveurl=https://web.archive.org/web/20130319213642/https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html |title=FIN-2013-G001 |date=March 18, 2013 |archivedate=March 19, 2013}}</ref><ref name="liu" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|March 28}} || {{w|Market capitalization}} || Bitcoin market capitalization passes $1 billion.<ref>{{cite web |url=http://spectrum.ieee.org/computing/networks/bitcoin-hits-1billion |publisher=IEEE Spectrum: Technology, Engineering, and Science News |author=Morgen Peck |date=April 2, 2013 |title=Bitcoin Hits $1 Billion |accessdate=June 13, 2017}}</ref><ref name="cat_hist" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|April 11}} || {{w|Content creation}} || The subreddit r/BitcoinMarkets is created. As of March 28, 2020 it has 148,000 members.<ref>{{cite web |title=Sharing of ideas, tips, and strategies for increasing your Bitcoin trading profits |url=https://www.reddit.com/r/BitcoinMarkets/ |website=reddit.com |accessdate=28 March 2020}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|April}} || Notable acquisition || American entrepreneurs [[w:Tyler Winklevoss|Tyler]] and {{w|Cameron Winklevoss}} announce having acquired US$11 million worth of Bitcoins.<ref>{{cite web |title=The $11 million in bitcoins the Winklevoss brothers bought is now worth $32 million |url=https://www.washingtonpost.com/news/the-switch/wp/2013/11/09/the-11-million-in-bitcoins-the-winklevoss-brothers-bought-is-now-worth-32-million/ |website=washingtonpost.com |access-date=8 February 2021}}</ref><ref name="Medium"/> || {{w|United States}} | ||
+ | |- | ||
+ | | 2013 || {{dts|May 7}} || Currency adoption || Coinbase announces "the largest funding round to date for a Bitcoin startup, a $5 million investment led by [[wikipedia:Union Square Ventures|Union Square Ventures]]".<ref>{{cite web |url=https://blogs.wsj.com/venturecapital/2013/05/07/coinbase-nabs-5m-in-biggest-funding-for-bitcoin-startup/ |author=Sarah E. Needleman |date=May 7, 2013 |publisher=[[wikipedia:The Wall Street Journal|The Wall Street Journal]] |title=Coinbase Nabs $5M in Biggest Funding for Bitcoin Startup |accessdate=June 22, 2017}}</ref><ref name="liu" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|May 14}} || Legal || The [[wikipedia:Dwolla|Dwolla]] account belonging to Mt. Gox is frozen due to a seizure warrant issued by the Department of Homeland Security.<ref>{{cite web |url=https://www.theverge.com/2013/5/15/4332698/dwolla-payments-mtgox-halted-by-homeland-security-seizure-warrant |date=May 15, 2013 |publisher=The Verge |author=Amar Toor |title=US seizes and freezes funds at biggest Bitcoin exchange |accessdate=June 22, 2017}}</ref><ref>{{cite web |url=https://arstechnica.com/tech-policy/2013/05/feds-seize-money-from-top-bitcoin-exchange-mt-gox/ |publisher=[[wikipedia:Ars Technica|Ars Technica]] |title=Feds seize money from Dwolla account belonging to top Bitcoin exchange Mt. Gox |author=Joe Mullin |date=May 14, 2013 |accessdate=June 22, 2017}}</ref><ref name="liu" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|May 17}} || Conference || The first official Bitcoin conference takes place in San Jose.<ref name="liu" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|May}} || Organization || {{w|CoinDesk}} launches. It is a news site specializing in {{w|Bitcoin}} and {{w|digital currencies}}. || | ||
+ | |- | ||
+ | | 2013 || ? || Organization || Independent media platform <code>cointelegraph.com</code> launches.<ref>{{cite web |title=Latest News on Cointelegraph |url=https://cointelegraph.com/tags/cointelegraph |website=Cointelegraph |access-date=15 February 2021 |language=en}}</ref><ref>{{cite web |title=Cointelegraph: Contact Information, Journalists, and Overview {{!}} Muck Rack |url=https://muckrack.com/media-outlet/cointelegraph |website=muckrack.com |access-date=15 February 2021 |language=en}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|July 23}} || Legal || Trendon T. Shavers is "sued by the Securities and Exchange Commission on Tuesday and accused of running a fund that collected bitcoins from investors, promising them 7 percent weekly returns".<ref>{{cite web |url=https://dealbook.nytimes.com/2013/07/23/s-e-c-says-texas-man-operated-bitcoin-ponzi-scheme/ |author=Nathaniel Popper |date=July 23, 2013 |title=S.E.C. Says Texas Man Operated Bitcoin Ponzi Scheme |publisher=[[wikipedia:The New York Times|The New York Times]] |accessdate=June 17, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|July 30}} || Organization || {{w|BitGive Foundation}} is founded.<ref>{{cite web |title=BitGive Foundation |url=https://www.crunchbase.com/organization/bitgive-foundation#section-overview |website=crunchbase.com |accessdate=24 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|July}} || Organization || Bitcoin {{w|mining pool}} {{w|Ghash.io}} starts operating. Within a year, this mining pool would contribute about one-third of the overall hashing power out of the total.<ref>{{cite web |title=GHash.IO, The Leading Bitcoin Mining Pool - Sponsored Post |url=https://www.finsmes.com/2014/09/ghash-io-the-leading-bitcoin-mining-pool-sp.html |website=FinSMEs |access-date=24 February 2021 |date=5 September 2014}}</ref> || | ||
+ | |- | ||
+ | | 2013 || {{dts|August}} || Official response (regulation) || The German Finance Ministry characterizes Bitcoin as a {{w|unit of account}},<ref name="Marketwatch20130819">{{cite web |url=http://blogs.marketwatch.com/thetell/2013/08/19/bitcoins-are-private-money-in-germany/ |title=Bitcoins are private money in Germany |last=Vaishampayan |first=Saumya |date=19 August 2013 |website={{w|Marketwatch}}|accessdate= 30 December 2019}}</ref> usable in [[w:Clearing house (finance)|multilateral clearing circles]] and subject to capital gains tax if held less than one year.<ref name="FAZ20130816">{{cite news|url=http://www.faz.net/aktuell/finanzen/devisen-rohstoffe/digitale-waehrung-deutschland-erkennt-bitcoins-als-privates-geld-an-12535059.html|title=Deutschland erkennt Bitcoins als privates Geld an (Germany recognizes Bitcoin as private money) |last=Nestler |first=Franz|date=16 August 2013 |website={{w|Frankfurter Allgemeine Zeitung}}|accessdate= 30 December 2019}}</ref> || {{w|Germany}} | ||
+ | |- | ||
+ | | 2013 || {{dts|September 26}} || Currency adoption || [[wikipedia:NASDAQ Private Market|SecondMarket]] begins raising money for the Bitcoin Investment Trust, an investment fund holding only bitcoins.<ref>{{cite web |url=https://dealbook.nytimes.com/2013/09/25/fund-to-let-investors-bet-on-price-of-bitcoins/ |first1=Peter |last1=Lattman |first2=Nathaniel |last2=Popper |date=September 25, 2013 |title=Fund to Let Investors Bet on Price of Bitcoins |publisher=[[wikipedia:The New York Times|The New York Times]] |accessdate=June 17, 2017 |quote=On Thursday, SecondMarket is expected to begin raising money for an investment fund — the first of its kind in the United States — that will hold only bitcoins, giving wealthy investors exposure to the trendy but controversial virtual currency.}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2013 || {{dts|September}} || Notable case || The {{w|FBI}} takes the notorious “dark web drug bazaar” [[w:Silk Road (marketplace)|Silk Road]] and confiscates 144,000 Bitcoins owned by the website operator.<ref name="Medium"/> || {{w|United States}} | ||
+ | |- | ||
+ | | 2013 || {{dts|September 25}} || Organization || {{w|Barry Silbert}} founds Grayscale Bitcoin Trust (BGTC), now considered a traditional investment trust.<ref name="henryharvin"/> || {{w|United States}} | ||
+ | |- | ||
+ | | 2013 || {{dts|October 29}} || Technology || The first Bitcoin ATM in the world opens in {{w|Vancouver}}, {{w|Canada}}.<ref>{{cite web |title=World's First Bitcoin ATM Opens In Vancouver, Canada |url=https://mashable.com/2013/10/30/bitcoin-atm-2/ |website=mashable.com |accessdate=24 December 2019}}</ref> || {{w|Canada}} | ||
+ | |- | ||
+ | | 2013 || {{dts|November 1}} || Literature || The initial version of "Majority is not Enough: Bitcoin Mining is Vulnerable" by Eyal and Sirer is uploaded to the preprint repository [[wikipedia:arXiv|arXiv]].<ref>{{cite web |url=https://arxiv.org/abs/1311.0243v1 |title=[1311.0243v1] Majority is not Enough: Bitcoin Mining is Vulnerable |accessdate=June 23, 2017}}</ref> The paper is announced on the authors' blog on November 4.<ref>{{cite web |url=http://hackingdistributed.com/2013/11/04/bitcoin-is-broken/ |title=Bitcoin Is Broken |publisher=Hacking Distributed |date=November 4, 2013 |first1=Ittay |last1=Eyal |first2=Emin Gün |last2=Sirer |accessdate=June 23, 2017}}</ref> The paper receives coverage on ''[[wikipedia:Vice (magazine)|Vice]]'',<ref>{{cite web |url=https://motherboard.vice.com/en_us/article/8qx47k/bitcoin-isnt-broken-despite-a-potential-flaw |publisher=Motherboard |title=Bitcoin Isn't Broken, Despite a Potential Flaw |author=Alec Liu |date=November 7, 2013 |accessdate=June 23, 2017}}</ref> Bitcoin Magazine,<ref>{{cite web |url=https://bitcoinmagazine.com/articles/selfish-mining-a-25-attack-against-the-bitcoin-network-1383578440/ |publisher=Bitcoin Magazine |title=Selfish Mining: A 25% Attack Against the Bitcoin Network |author=Vitalik Buterin |date=November 4, 2013 |accessdate=June 23, 2017}}</ref> and Bitcoin Talk.<ref>{{cite web |url=https://bitcointalk.org/index.php?topic=324413.0 |title=Majority is not Enough: Bitcoin Mining is Vulnerable |accessdate=June 23, 2017}}</ref><ref name="liu" /> || | ||
+ | |- | ||
+ | | 2013 || {{dts|November 18}} || Official response (regulation) || United States federal officials indicate at a Senate that digital currency networks offer real benefits for the financial system even as they acknowledge that new forms of digital money have provided avenues for money laundering and illegal activity.<ref>{{cite web |url=http://www.nytimes.com/interactive/technology/bitcoin-timeline.html?_r=0 |date=November 19, 2013 |publisher=[[wikipedia:The New York Times|The New York Times]] |title=An Abridged History of Bitcoin |accessdate=June 17, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2013 || {{dts|November 20}} || Milestone transaction || The [[wikipedia:University of Nicosia|University of Nicosia]] in Cyprus becomes the first university to accept payment for tuition in bitcoin.<ref name="liu" /><ref>{{cite web |url=https://motherboard.vice.com/en_us/article/xyw8yq/cyprus-university-students-can-pay-tuition-in-bitcoin-and-major-in-digital-currency |publisher=Motherboard |title=Cyprus' University Is the World's First to Accept Tuition in Bitcoin |author=Meghan Neal |date=November 20, 2013 |accessdate=June 23, 2017}}</ref><ref>{{cite web |url=https://www.geekwire.com/2013/cyprusbased-school-university-accept-bitcoin-tuition/ |title=This university is the first in the world to accept Bitcoin for tuition |publisher=GeekWire |author=Taylor Soper |date=November 20, 2013 |accessdate=June 23, 2017}}</ref> || {{w|Cyprus}} | ||
+ | |- | ||
+ | | 2013 || {{dts|November}} || Official response (warning) || The {{w|National Bank of Slovakia}} issues a warning to inform the general public that virtual currencies are not national currencies and that unauthorized currency production constitutes a criminal offense.<ref name="loc.govs"/> || {{w|Slovakia}} | ||
+ | |- | ||
+ | | 2013 || {{dts|December 3}} || Official response (warning) || Chinese regulators jointly issue a notice warning the public about the risks of bitcoin. The circular defines Bitcoin as “by nature a special virtual commodity,” which “does not have equal legal status as currencies” and “cannot and should not be circulated in the market as a currency.”<ref name="loc.govs"/> || {{w|China}} | ||
+ | |- | ||
+ | | 2013 || {{dts|December 19}} || Official response (warning) || The [[w:Banque du Liban|Lebanese Central Bank]] issues a notice to the country’s banks and financial institutions warning them of the dangers of using cybercurrencies, especially bitcoin.<ref name="loc.govs"/> || {{w|Lebanon}} | ||
+ | |- | ||
+ | | 2013 || {{dts|December}} || Official response (warning) || The {{w|People’s Bank of China}} and four other financial regulators issue a joint notice outlining the risks associated with bitcoin. The Chinese Government states that it is not a currency, and prohibits banks and other financial institutes from trading in it. However, it acknowledges the cryptocurrency as a “commodity traded online” and allows the public to buy and sell it as they please, with its only proviso being that they do so at their own risk.<ref name="scmp.comvv">{{cite web |title=Beijing bans bitcoin, but when did it all go wrong for cryptocurrencies in China? |url=https://www.scmp.com/news/china/economy/article/2132119/beijing-bans-bitcoin-when-did-it-all-go-wrong-cryptocurrencies |website=scmp.com |accessdate=22 December 2019}}</ref> || {{w|China}} | ||
+ | |- | ||
+ | | 2013 || {{dts|December}} || Official response (negative) || The Danish Financial Supervisory Authority issues a statement rejecting the bitcoin as a currency and stating that it will not regulate bitcoin use.<ref name="loc.govs"/> || {{w|Denmark}} | ||
+ | |- | ||
+ | | 2013 || {{dts|December}} || Official response (negative) || The French Central Bank publishes a report stating that bitcoin cannot be considered a real currency or means of payment under current French law.<ref name="loc.govs"/> || {{w|France}} | ||
+ | |- | ||
+ | | 2013 || {{dts|December}} || Official response (warning) || The Norwegian Financial Supervisory Authority issues a warning against cryptocurrencies, comming as a result of warnings on the risk of use of cryptocurrencies by the European Supervisory Authority, ESMA.<ref name="loc.govs"/> || {{w|Norway}} | ||
+ | |- | ||
+ | | 2014 || {{dts|January 2}} || Official response (negative) || The {{w|Central Bank of Malaysia}} issues a statement saying that “The Bitcoin is not recognized as legal tender in Malaysia. The Central Bank does not regulate the operations of Bitcoin. The public is therefore advised to be cautious of the risks associated with the usage of such digital currency.”<ref name="loc.govs"/> || {{w|Malaysia}} | ||
+ | |- | ||
+ | | 2014 || {{dts|January 9}} || Milestone transaction || [[wikipedia:Overstock.com|Overstock.com]] becomes the first major online retailer to accept payments in bitcoin.<ref>{{cite web |url=https://www.wired.com/2014/01/overstock-bitcoin-live/ |title=The Grand Experiment Goes Live: Overstock.com Is Now Accepting Bitcoins |author=Cade Metz |date=January 9, 2014 |accessdate=June 23, 2017 |publisher=[[wikipedia:WIRED|WIRED]]}}</ref><ref name="liu" /> In December 2013 the company had announced that it was preparing to accept bitcoin.<ref>{{cite web |url=https://motherboard.vice.com/en_us/article/9ak5my/bitcoin-just-scored-its-first-major-us-retailer |publisher=Motherboard |title=Bitcoin Just Scored Its First Major US Retailer |author=Alec Liu |date=December 20, 2013 |accessdate=June 23, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2014 || {{dts|January 9}} || Organization ([[w:Bitcoin exchange|exchange company]]) || {{w|BitFlyer}} is founded in {{w|Japan}}.<ref>{{cite web |title=bitFlyer |url=https://www.crunchbase.com/organization/bitflyer#section-overview |website=crunchbase.com |accessdate=24 December 2019}}</ref> || {{w|Japan}} | ||
+ | |- | ||
+ | | 2014 || {{dts|January 26}} || Legal || [[wikipedia:Charlie Shrem|Charlie Shrem]] is arrested. He is accused of using his company, BitInstant, to "knowingly convert money into virtual currency for people interested in buying narcotics on the Silk Road site" and of buying drugs on Silk Road.<ref>{{cite web |url=https://dealbook.nytimes.com/2014/01/27/two-executives-of-bitcoin-businesses-are-arrested/ |author=Nathaniel Popper |date=January 27, 2014 |title=Bitcoin Figure Is Accused of Conspiring to Launder Money |publisher=[[wikipedia:The New York Times|The New York Times]] |accessdate=June 29, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2014 || {{dts|January}} || Official response (warning) || The Belgian National Bank and the Financial Services and Markets Authority issue a joint press release warning consumers about the risks of cryptocurrencies.<ref name="loc.govs"/> || {{w|Belgium}} | ||
+ | |- | ||
+ | | 2014 || {{dts|February 7}} || [[w:Cryptocurrency and security|Security]] || The Bitcoin exchange [[wikipedia:Mt. Gox|Mt. Gox]] halts all bitcoin withdrawals due to insolvency after an apparently undetected theft that had been occurring since 2011.<ref>{{cite web |url=http://www.bloomberg.com/news/2014-02-07/bitcoin-price-falls-as-mt-gox-exchange-halts-activity.html |archiveurl=https://archive.is/ueuoH |archivedate=February 7, 2014 |publisher=Bloomberg |title=Bitcoin Price Plunges as Mt. Gox Exchange Halts Activity |date=February 7, 2014 |accessdate=June 12, 2017}}</ref> By the end of the month, Mt. Gox would file for bankruptcy protection.<ref name="The rise and fall of Mt. Gox">{{cite web |title=The rise and fall of Mt. Gox |url=https://www.fool.com/investing/2018/04/02/the-history-of-bitcoin.aspx |website=fool.com |accessdate=30 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2014 || {{dts|February 10}} || Valuation || A {{w|flash crash}} occurs on the [[wikipedia:BTC-e|BTC-e]] exchange.<ref>{{cite web |url=https://en.bitcoin.it/wiki/February_10,_2014_flash_crash |title=February 10, 2014 flash crash |website=Bitcoin Wiki |accessdate=June 13, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2014 || {{dts|February 19}} || Official response (warning) || The {{w|Bank of Israel}} and several Israeli regulatory agencies issue a statement warning the public against dealing in virtual currencies. The warning lays out the dangers associated with trading in virtual currencies, including fraud, money laundering, and financing of terrorism, among others.<ref name="loc.govs"/> || {{w|Israel}} | ||
+ | |- | ||
+ | | 2014 || {{dts|February}} || Official response (warning) || The Central Bank of Jordan (CBJ) warns the public against the use of Bitcoin.<ref name="loc.govs"/> || {{w|Jordan}} | ||
+ | |- | ||
+ | | 2014 || {{dts|March 25}} || Official response (regulation) || In its first substantive ruling on cryptocurrencies, the United States {{w|Internal Revenue Service}} states that Bitcoin will be treated as property for tax purposes.<ref>{{cite web |url=https://www.bloomberg.com/news/articles/2014-03-25/bitcoin-is-property-not-currency-in-tax-system-irs-says |title=Bitcoin Is Property Not Currency in Tax System, IRS Says |date=March 25, 2014 |first1=Richard |last1=Rubin |first2=Carter |last2=Dougherty |publisher=Bloomberg Business |archiveurl=https://web.archive.org/web/20150202014708/https://www.bloomberg.com/news/articles/2014-03-25/bitcoin-is-property-not-currency-in-tax-system-irs-says |archivedate=February 2, 2015}}</ref><ref>{{cite web |url=https://bitcoinmagazine.com/articles/the-united-states-is-falling-behind-in-bitcoin-regulation-1461604211/ |publisher=Bitcoin Magazine |title=The United States Is Falling Behind in Bitcoin Regulation |author=Kyle Torpey |date=April 25, 2016 |accessdate=June 29, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2014 || {{dts|March}} || Organization || {{w|Xapo}} is founded by Argentinian entrepreneur {{w|Wences Casares}}. Based in {{w|Hong Kong}}, the company provides a {{w|Bitcoin}} wallet combined with a [[w:Cryptocurrency wallet|cold storage]] vault and a Bitcoin-based {{w|debit card}}.<ref>{{cite web |title=Xapo - Branding & Web Design Case Study |url=https://aerolab.co/xapo |website=Aerolab |access-date=15 February 2021 |language=en}}</ref><ref name="NYT March 2014">{{cite news|last1=Sreeharsha|first1=Vinod|title=Start-Up Seeks to Capitalize on Security Concerns for Bitcoins|url=https://dealbook.nytimes.com/2014/03/14/start-up-seeks-to-capitalize-on-security-concerns-for-bitcoins/?_php=true&_type=blogs&_r=0|access-date=20 June 2014|work=The New York Times|publisher=The New York Times|date=14 March 2014|ref=The New York Times}}</ref><ref name="Wall Street Journal">{{cite news|last1=Rusli|first1=Evelyn M.|title=First Bitcoin Vaults, Now Xapo Debuts Debit Cards|url=https://blogs.wsj.com/digits/2014/04/24/first-bitcoin-vaults-now-xapo-debuts-debit-cards/|access-date=20 June 2014|work=Wall Street Journal|publisher=Wall Street Journal|date=24 April 2014|ref=Wall Street Journal}}</ref> | ||
+ | |- | ||
+ | | 2014 || {{dts|May 15}} || Security || The [[wikipedia:Stoned (computer virus)#Bitcoin blockchain incident|DOS Stoned incident]] occurs, when the signature of the [[w:Stoned (computer virus)|Stoned]] virus is inserted into the Bitcoin {{w|blockchain}}, causing {{w|Microsoft Security Essentials}} to recognize copies of the blockchain as the virus, prompting it to remove the file in question, and subsequently forcing the node to reload the block chain from that point, continuing the cycle.<ref>{{cite web|url=https://answers.microsoft.com/en-us/protect/forum/mse-protect_updating/microsoft-security-essentials-reporting-false/0240ed8e-5a27-4843-a939-0279c8110e1c?tm=1400189799602&auth=1|title=Microsoft Security Essentials reporting false positives in the Bitcoin blockchain, constantly notifying users.|website=answers.microsoft.com}}</ref><ref>{{cite web|url=https://www.theregister.co.uk/2014/05/18/bitcoin_user_stoned_on_virus_warnings/|title=Bitcoin blockchain allegedly infected by ancient 'Stoned' virus|first=Richard Chirgwin 18 May 2014 at 21:58|last=tweet_btn()|publisher=}}</ref>.<ref>{{cite web |url=https://en.bitcoin.it/wiki/DOS/STONED_incident |title=DOS/STONED incident |website=Bitcoin Wiki |accessdate=June 13, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2014 || {{dts|June 30}} || Notable acquisition || American venture capitalist {{w|Timothy Draper}} buys 30,000 bitcoins at a value of US$19.4 million (price per coin: $647).<ref name="People are">{{cite web |last1=Ciolli |first1=Joe |title=People are making a fortune buying government-seized bitcoins |url=https://www.businessinsider.com/bitcoin-price-government-auction-winners-2017-5 |website=Business Insider |access-date=8 February 2021}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2014 || {{dts|August 11}} || Official response (negative) || The United States [[wikipedia:Consumer Financial Protection Bureau|Consumer Financial Protection Bureau]] begins taking complaints about Bitcoin.<ref>{{cite web |url=https://www.washingtonpost.com/news/the-switch/wp/2014/08/11/consumer-bureau-now-taking-and-expecting-bitcoin-complaints/ |publisher=[[wikipedia:The Washington Post|The Washington Post]] |title=Consumer bureau now taking — and expecting — Bitcoin complaints |author=Nancy Scola |date=August 11, 2014 |accessdate=June 29, 2017}}</ref><ref>{{cite web |url=https://www.consumerfinance.gov/about-us/blog/consumer-advisory-virtual-currencies-and-what-you-should-know-about-them/ |title=Consumer advisory: Virtual currencies and what you should know about them |author=Will Wade-Gery |date=August 11, 2014 |publisher=Consumer Financial Protection Bureau |accessdate=June 29, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2014 || {{dts|August}} || Technology || The Bitcoin blockchain file size, containing records of all transactions that have occurred on the network, reaches 20GB ({{w|gigabyte}}s).<ref name="hadi">{{cite book |title=Handbook of Digital Currency: Bitcoin, Innovation, Financial Instruments, and Big Data |editor-last=Chuen |editor-first=David LEE Kuo |year=2015 |publisher=Academic Press |isbn=978-0-12-802351-8 |chapter=A Light Touch of Regulation for Virtual Currencies |last1=Nian |first1=Lam Pak |last2=Chuen |first2=David LEE Kuo |page=319 }}</ref> || | ||
+ | |- | ||
+ | | 2014 || {{dts|August}} || Official response (negative) || The Central Bank of Iceland announces that bitcoin is not a recognized currency and even if it was, purchases of bitcoins would still be illegal as such purchases would violate the foreign transactions restrictions in place.<ref name="loc.govs"/> || {{w|Iceland}} | ||
+ | |- | ||
+ | | 2014 || {{dts|August}} || Organization ([[w:Bitcoin exchange|exchange company]]) || Bitcoin wallet and exchange service {{w|Coincheck}} launches.<ref>{{cite web |title=Coincheck – NGL Latam Spain |url=https://nemespanol.io/tag/coincheck/ |website=nemespanol.io |access-date=12 February 2021}}</ref> || {{w|Japan}} | ||
+ | |- | ||
+ | | 2014 || {{dts|June}} || Official response (regulation) || Canadian law is enacted as the world’s first national law on digital currencies, and the world’s first treatment in law of digital currency financial transactions under national anti-money laundering law. The new law treats virtual currencies, including Bitcoin, as “money service businesses” for the purposes of the anti-money laundering law.<ref name="loc.govs"/> || {{w|Canada}} | ||
+ | |- | ||
+ | | 2014 || {{dts|September 18}} || Research || Coin Center, a non-profit group focused on cryptocurrency research and advocacy, is established.<ref>{{cite web |url=https://www.washingtonpost.com/news/the-switch/wp/2014/09/18/bitcoin-gets-an-industry-backed-advocacy-group/ |publisher=[[wikipedia:The Washington Post|The Washington Post]] |title=Bitcoin gets an industry-backed advocacy group |author=Nancy Scola |date=September 18, 2014 |accessdate=June 29, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2014 || {{dts|September 23}} || Notable prediction || {{w|Tim Draper}} predicts that 1 Bitcoin share would reach 10,000 dollars by 2017. His prediction would come true and on 29 November 2017 the price of a Bitcoin share would cross 10,000 U.S dollars.<ref name="henryharvin"/> || | ||
+ | |- | ||
+ | | 2014 || {{dts|October 2}} || Official response (warning) || The National Bank of Serbia makes announcement clarifying that “anyone investing in Bitcoins or engaging in any other activity involving virtual currencies shall do so at their own liability, bearing all financial risks and risks in terms of noncompliance with regulations governing foreign exchange operations, taxation, trade, etc.”<ref name="loc.govs"/> || {{w|Serbia}} | ||
+ | |- | ||
+ | | 2014 || {{dts|October 10}} || Education || American documentary film ''{{w|The Rise and Rise of Bitcoin}}'' is released. The film interviews multiple companies and people that have played important roles in the expansion of Bitcoin.<ref>{{cite web |title=The Rise and Rise of Bitcoin |url=https://www.imdb.com/title/tt2821314/ |website=imdb.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=THE RISE AND RISE OF BITCOIN |url=https://www.rottentomatoes.com/m/the_rise_and_rise_of_bitcoin |website=rottentomatoes.com |access-date=9 December 2020}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2014 || {{dts|November}} || Official response (warning) || The Central Bank of Montenegro issues a warning saying that individuals may own Bitcoins at their own risk, although virtual currencies are not legal tender in the country.<ref name="loc.govs"/> || {{w|Montenegro}} | ||
+ | |- | ||
+ | | 2014 || {{dts|December 9}} || Notable acquisition || SecondMarkets, an exchange started by {{w|Barry Silbert}}, buys 48,000 bitcoins at a value of US$18.1 million (price per coin: $378).<ref name="People are"/> || {{w|United States}} | ||
+ | |- | ||
+ | | 2014 || {{dts|December}} || Official response (negative) || The South African Reserve Bank (SARB) issues a position paper on virtual currencies stating that only the SARB may issue legal tender and that decentralized convertible virtual currencies (DCVCs), including Bitcoin and {{w|Litecoin}}, are not legal tender in South Africa.<ref name="loc.govs"/> || {{w|South Africa}} | ||
+ | |- | ||
+ | | 2014 || {{dts|December}} || Literature || Greek-British Bitcoin advocate {{w|Andreas Antonopoulos}} publishes ''Mastering Bitcoin: Unlocking Digital Cryptocurrencies'', which treats about decentralized digital money.<ref>{{cite web |title=Mastering Bitcoin: Unlocking Digital Cryptocurrencies |url=https://www.amazon.com/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 |website=amazon.com |access-date=11 December 2020}}</ref> || {{w|United Kingdom}} | ||
+ | |- | ||
+ | | 2014 || {{dts|December}} || Notable acquisition || American entrepreneur Barry Silbert acquires 48,000 Bitcoins at an auction.<ref name="Medium"/><ref>{{cite web |title=Barry Silbert's 104-Bidder Syndicate Wins the Other 48,000 USMS Auctioned Bitcoins {{!}} Finance Magnates |url=https://www.financemagnates.com/cryptocurrency/news/barry-silberts-104-bidder-syndicate-wins-the-other-48000-usms-auctioned-bitcoins/ |website=Finance Magnates {{!}} Financial and business news |access-date=8 February 2021 |language=en |date=9 December 2014}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2015 || {{dts|February}} || Technology || Joseph Poon and Thaddeus Dryja publish a draft of the {{w|Lightning Network}} white paper.<ref>{{cite web|url=https://web.archive.org/web/20150228162703/http://lightning.network/|title=Lightning Network whitepaper 0.5 by Joseph Poon and Thaddeus Dryja|date=28 February 2015}}</ref><ref name="FTAlpha20190612">{{cite news |url=https://ftalphaville.ft.com/2019/06/12/1560351485000/SegWit-and-the-bitcoin-transaction-fee-conspiracy-theory/ |title=SegWit and the bitcoin transaction fee conspiracy theory |work=FT Alphaville |publisher=FT|date=2018-03-21 }}</ref> || | ||
+ | |- | ||
+ | | 2015 || {{dts|June 4}} || Official response (negative) || Coinbase suspends operations in Wyoming due to a regulatory legislation.<ref>{{cite web |url=http://www.coindesk.com/coinbase-suspends-operations-in-wyoming/ |date=June 4, 2015 |title=Coinbase Suspends Operations in Wyoming |publisher=CoinDesk |accessdate=June 28, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2015 || {{dts|August 8}} || Official response (regulation) || The [[wikipedia:BitLicense|BitLicense]], a business license for virtual currency activities, comes into effect in New York. The regulation causes numerous Bitcoin companies to suspend operations in New York.<ref>{{cite web |url=http://www.bizjournals.com/newyork/news/2015/08/12/the-great-bitcoin-exodus-has-totally-changed-new.html |date=August 12, 2015 |title=Coinsetter filed its BitLicense application in New York even as many other bitcoin startups leave |author=Michael del Castillo |publisher=New York Business Journal |accessdate=June 29, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2015 || {{dts|August 15}} || {{w|Bitcoin fork}} || {{w|Bitcoin XT}} is initially released.<ref>{{cite book |last1=Taylor |first1=El-P. |last2=Taylor |first2=El-I. |title=The History and Growth of Bitcoin: A hindsight account of how rich you would be if you had bought Bitcoin 2009 - 2018 |url=https://books.google.com.ar/books?id=nA9eDwAAQBAJ&pg=PA4&lpg=PA4&dq=2015+August+15+Bitcoin+XT+is+initially+released.&source=bl&ots=fp5xUaH6KR&sig=ACfU3U1n6e3zKGFwFv80rCWrx8GPJkjncw&hl=en&sa=X&ved=2ahUKEwjb7qWYmdvmAhVLLLkGHW_iDRUQ6AEwD3oECA8QAQ#v=onepage&q=2015%20August%2015%20Bitcoin%20XT%20is%20initially%20released.&f=false}}</ref> || | ||
+ | |- | ||
+ | | 2015 || {{dts|October 8}} || {{w|Exchange company}} || [[wikipedia:Gemini (digital currency exchange)|Gemini]], the digital currency exchange started by the [[wikipedia:Winklevoss twins|Winklevoss twins]], begins trading.<ref>{{cite web |url=https://techcrunch.com/2015/10/05/winklevoss-twins-receive-approval-to-launch-bitcoin-exchange-gemini/ |date=October 5, 2015 |publisher=TechCrunch |title=Winklevoss Twins Receive Approval To Launch Bitcoin Exchange Gemini |author=Fitz Tepper |accessdate=June 30, 2017 |quote=The platform will be open for trading this Thursday, October 8, but has already begun accepting signups.}}</ref> || | ||
+ | |- | ||
+ | | 2015 || {{dts|October 22}} || Official response (regulation) || The European Court of Justice states that transactions to exchange a traditional currency for bitcoin or other virtual currencies and vice versa constitute the supply of services for consideration, but fall under the exemption from value-added tax (VAT). Buying or selling bitcoin is therefore exempt from VAT in all EU Member States.<ref name="loc.govs"/> || {{w|European Union}} | ||
+ | |- | ||
+ | | 2015 || {{dts|October}} || Blockchain company || {{w|Bitwala}} is founded in {{w|Germany}} as a {{w|blockchain}} banking service.<ref>{{cite web |title=Bitwala |url=https://www.crunchbase.com/organization/bitwala#section-overview |website=crunchbase.com |accessdate=1 January 2020}}</ref> || {{w|Germany}} | ||
+ | |- | ||
+ | | 2015 || {{dts|December 16}} || Official response (regulation) || A working group under the Financial System Council in Japan compiles a draft proposal on regulations for virtual currencies that are traded on the Internet.<ref>{{cite web |url=http://www.japantimes.co.jp/news/2015/12/17/business/japan-panel-eyes-registration-system-for-virtual-currency-exchanges |title=Japan to consider regulating cybercurrency exchanges after Mt. Gox debacle |date=December 17, 2015 |publisher=The Japan Times |accessdate=June 29, 2017}}</ref> || {{w|Japan}} | ||
+ | |- | ||
+ | | 2015 || {{dts|December}} || {{w|Bitcoin fork}} || {{w|Bitcoin Unlimited}} is created, giving users the freedom to choose their preferred block size and find the limit with a majority consensus. This allows them to track the largest proof-of-work, irrespective of its block size.<ref>{{cite web |title=Bitcoin Forks Explained |url=https://www.publish0x.com/bitcoin-news-blog-bitcoin-dice-casino-news/bitcoin-forks-explained-xmyqle |website=publish0x.com |accessdate=29 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2015 || {{dts|December}} || Official response (negative) || The Central Bank of Kenya issues a public notice stating that virtual currencies are not legal tender and remain unregulated in Kenya, which means that “no protection exists in the event that the platform that exchanges or holds the virtual currency fails or goes out of business.”<ref name="loc.govs"/> || {{w|Kenya}} | ||
+ | |- | ||
+ | | 2016 || {{dts|February 10}} || {{w|Bitcoin fork}} || {{w|Bitcoin Classic}} is released.<ref>{{cite web |title=Bitcoin Classic Publishes Code That Could Double Bitcoin’s Block Size |url=https://www.coindesk.com/bitcoin-classic-publish-code-block-size |website=coindesk.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Bitcoin Classic Shuts Down As Staff Claim Bitcoin Cash Will Rule ‘In 6 Months’ |url=https://cointelegraph.com/news/bitcoin-classic-shuts-down-as-staff-claim-bitcoin-cash-will-rule-in-6-months |website=cointelegraph.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Bitcoin Nodes Summary |url=https://bitcoinchain.com/nodes |website=bitcoinchain.com |accessdate=29 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2016 || {{dts|June 11}} || Market capitalization || Bitcoin market capitalization reaches US$ 10 billion.<ref>{{cite web |title=Bitcoin Price Rally Rages on, Market Cap Passes $10Bn USD |url=https://news.bitcoin.com/bitcoin-price-market-cap-10-billion/ |website=news.bitcoin.com |accessdate=2 January 2020}}</ref> || | ||
+ | |- | ||
+ | | 2016 || {{dts|July 10}} || Mining || The second Bitcoin halving event occurs at block height 420,000.<ref name="bitcoinblockhalf.coms"/> The amount of new Bitcoins issued every 10 minutes drops from 25 bitcoins to 12.5.<ref name="BITCOIN CLOCK"/> || | ||
+ | |- | ||
+ | | 2016 || {{dts|August 2}} || [[w:Cryptocurrency and security|Security]] || The [[wikipedia:Bitfinex hack|Bitfinex hack]] is first announced.<ref>{{cite web |url=http://www.reuters.com/article/us-bitfinex-hacked-hongkong-idUSKCN10E0KP |author=Clare Baldwin |date=August 3, 2016 |publisher=Reuters |title=Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong |accessdate=June 12, 2017 |quote=Bitcoin plunged just over 23 percent on Tuesday after the news broke.}}</ref> || | ||
+ | |- | ||
+ | | 2016 || {{dts|September}} || Official response (regulation) || A Ministerial Resolution in Italy addresses aspects of the tax treatment of bitcoin and other cybercurrencies, and holds that the value added tax (VAT) does not apply to transactions in which cybercurrencies are exchanged for traditional currencies or vice versa.<ref name="loc.govs"/> || {{w|Italy}} | ||
+ | |- | ||
+ | | 2016 || {{dts|September 28}} || Official response (warning) || The National Bank of Macedonia issues a warning against cryptocurrencies, and reminds Macedonian residents that they are not allowed to have bank accounts or securities abroad, with certain exceptions, and therefore, investments by residents in cryptocurrencies are also not allowed.<ref name="loc.govs"/> || {{w|Macedonia}} | ||
+ | |- | ||
+ | | 2016 || {{dts|November 17}} || Official response (regulation) || The United States {{w|Internal Revenue Service}} sends a request (a John Doe summons) to Coinbase "asking for the records of all customers who bought virtual currency from the company from 2013 to 2015".<ref>{{cite web |url=https://www.nytimes.com/2016/11/19/business/dealbook/irs-is-seeking-tax-evaders-who-use-bitcoin.html |date=November 18, 2016 |publisher=[[wikipedia:The New York Times|The New York Times]] |title=Bitcoin Users Who Evade Taxes Are Sought by the I.R.S. |author=Nathaniel Popper |accessdate=June 30, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2016 || {{dts|December 20}} || Official response (warning) || The {{w|Hungarian National Bank}} warns consumers that using virtual currencies have many risks as they operate in a legally unregulated virtual system and there are no proper rules on liability, guarantee, and compensation that would protect the interests of consumers in the event of abuse.<ref name="loc.govs"/> || {{w|Hungary}} | ||
+ | |- | ||
+ | | 2016 || {{dts|December}} || Literature || The inaugural issue of ''[[wikipedia:Ledger (journal)|Ledger]]'', the first peer-reviewed academic journal dedicated to cryptocurrencies and blockchain technologies, is published.<ref>{{cite web |url=http://www.coindesk.com/ledger-first-volume-blockchain-research/ |date=December 22, 2016 |title=Ledger Publishes First Volume of Peer-Reviewed Blockchain Research |author=Michael del Castillo |publisher=CoinDesk |accessdate=June 12, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2016 || {{dts|December}} || Literature || ''[[w:Ledger (journal)|Ledger]]'' is first issued as the first peer-reviewed academic journal dedicated to cryptocurrency and blockchain technology research.<ref name="Extance2015">{{cite journal|last1=Extance|first1=Andy|title=The future of cryptocurrencies: Bitcoin and beyond|journal=Nature|volume=526|issue=7571|date=30 September 2015|pages=21–23|issn=0028-0836|doi=10.1038/526021a|pmid=26432223|doi-access=free|oclc=421716612}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|January 1}} || Official response (regulation) || As of the start of 2017, thirteen US states have "clearly defined positions and/or regulations in regards to the blockchain and digital currency industry".<ref>{{cite web |url=http://news.dinbits.com/2017/01/state-of-regulation-2017-bitcoin-and.html |title=State of Regulation 2017, Bitcoin and Blockchain Regulation in the United States |date=January 17, 2017 |publisher=dinbits |accessdate=June 29, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2017 || {{dts|January || Official response (negative) || The Central Bank of the United Arab Emirates prohibits all transactions in “virtual currencies”, including cryptocurrencies.<ref name="loc.govs"/> || {{w|United Arab Emirates}} | ||
+ | |- | ||
+ | | 2017 || {{dts|February 27}} || Service shutdown || Coinbase announces that it will stop serving customers in {{w|Hawaii}} due to a regulatory change that requires the company to "hold cash reserves equal to any digital currency-denominated funds held for its customers".<ref>{{cite web |url=http://www.coindesk.com/coinbase-just-stopped-serving-bitcoin-hawaii/ |date=February 27, 2017 |title=Coinbase Just Stopped Serving Bitcoin Customers in Hawaii |publisher=CoinDesk |accessdate=June 28, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2017 || {{dts|February}} || Official response (warning) || The Bank of Uganda warns against the use of cryptocurrencies in general and the services of an unlicensed entity called One Coin Digital Money, citing the absence of investor protection schemes and relevant regulatory mechanisms.<ref name="loc.govs"/> || {{w|Uganda}} | ||
+ | |- | ||
+ | | 2017 || {{dts|March 10}} || Official response (regulation) || The United States [[wikipedia:U.S. Securities and Exchange Commission|Securities and Exchange Commission]] rejects the [[wikipedia:Winklevoss twins|Winklevoss twins]]' application for an exchange-traded fund tied to the price of Bitcoin.<ref>{{cite web |url=https://www.nytimes.com/2017/03/10/business/dealbook/winkelvoss-brothers-bid-to-create-a-bitcoin-etf-is-rejected.html |date=March 10, 2017 |publisher=[[wikipedia:The New York Times|The New York Times]] |title=S.E.C. Rejects Winklevoss Brothers' Bid to Create Bitcoin E.T.F. |author=Nathaniel Popper |accessdate=June 29, 2017}}</ref><ref>{{cite web |url=http://www.reuters.com/article/us-bitcoin-etf-idUSKBN16H2NU |first1=Trevor |last1=Hunnicutt |first2=Gertrude |last2=Chavez-Dreyfuss |date=March 11, 2017 |publisher=Reuters |title=U.S. regulators reject Bitcoin ETF, digital currency plunges |accessdate=June 29, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2017 || {{dts|April}} || Service shutdown || The cryptocurrency exchange Poloniex announces it is suspending services in {{w|Washington State}}.<ref>{{cite web |url=https://www.cryptocoinsnews.com/bitcoin-poloniex-suspends-services-in-washington-state-impractical-policies/ |title=Poloniex Suspends Services in Washington State, Impractical Policies |publisher=CryptoCoinsNews |date=April 11, 2017 |accessdate=June 28, 2017 |author=Joseph Young}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2017 || {{dts|April 1}} || Official response (regulation) || A Japanese law that brings bitcoin exchanges under anti-money laundering and [[wikipedia:Know your customer|know your customer]] rules as well as recognizing bitcoin as a form of prepaid payment instrument comes into effect.<ref>{{cite web |url=http://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/ |date=April 1, 2017 |title=Japan's Bitcoin Law Goes Into Effect Tomorrow |author=Garrett Keirns |publisher=CoinDesk |accessdate=June 29, 2017}}</ref><ref>{{cite web |url=http://www.businessinsider.com/bitcoin-price-spikes-as-japan-recognizes-it-as-a-legal-payment-method-2017-4 |date=April 3, 2017 |title=Bitcoin spikes after Japan says it's a legal payment method |publisher=Business Insider |author=Jonathan Garber |accessdate=June 29, 2017}}</ref> || {{w|Japan}} | ||
+ | |- | ||
+ | | 2017 || {{dts|May 17}} || Official response (negative) || The State Bank of Pakistan states that it does not recognize digital currencies.<ref name="loc.govs"/> || {{w|Pakistan}} | ||
+ | |- | ||
+ | | 2017 || {{dts|May}} || Notable case || The Bulgarian Government manages to confiscate 213,519 bitcoins (enough to pay off a quarter of the country’s national debt), during a standard police action cracking on some local cyber criminals who were to blame for making a ransom virus.<ref name="Medium">{{cite web |last1=Hussain |first1=Sajjad |title=Top ten Bitcoin holders in the world |url=https://medium.com/cryptocurrencies-ups-and-down/top-ten-bitcoin-holders-in-the-world-c0c23a3db7b3 |website=Medium |access-date=8 February 2021 |language=en |date=8 February 2021}}</ref><ref>{{cite web |last1=R. |first1=Ivan |title=Bulgaria seized 213.000 Bitcoins worth $3 Billion, They Realized This Could Pay Off 1/5 of National Debt |url=https://www.slavorum.org/bulgaria-seized-213-000-bitcoins-worth-3-billion-they-realized-this-could-pay-off-1-5-of-national-debt/ |website=Slavorum |access-date=15 February 2021 |date=14 December 2017}}</ref><ref>{{cite web |last1=Roh |first1=Chelsea |title=Bulgarian Law Enforcement Holding $3 Billion of Bitcoin of Bitcoin |url=https://cryptocurrencynews.com/daily-news/bitcoin-news/bulgarian-law-enforcement-holding-3-billion-of-bitcoin-of-bitcoin/ |website=Crypto Currency News |access-date=15 February 2021 |date=8 December 2017}}</ref> || {{w|Bulgaria}} | ||
+ | |- | ||
+ | | 2017 || {{dts|June 13}} || Organization ([[w:Bitcoin exchange|exchange company]]) || Gemini, the digital currency exchange started by the [[wikipedia:Winklevoss twins|Winklevoss twins]], begins operating in Washington State after it is granted a license to do so.<ref>{{cite web |url=https://www.cryptoninjas.net/2017/06/13/gemini-now-licensed-provide-digital-asset-exchange-services-washington-state/ |title=Gemini now licensed to provide digital asset exchange services in Washington State |publisher=CryptoNinjas |date=June 13, 2017 |accessdate=June 30, 2017}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2017 || {{dts|June}} || Research || The {{w|People's Bank of China}} establishes a research institute dedicated to digital currencies.<ref name="scmp.comvv"/><ref>{{cite web |title=China’s Central Bank Opens New Digital Currency Research Institute |url=https://www.coindesk.com/chinas-central-bank-opens-new-digital-currency-research-institute |website=coindesk.com |accessdate=22 December 2019}}</ref> || {{w|China}} | ||
+ | |- | ||
+ | | 2017 || {{dts|June}} || Official response (warning) || The Financial Superintendency of Colombia warns that bitcoin is not currency in Colombia and therefore may not be considered legal tender susceptible of cancelling debts.<ref name="loc.govs"/> || {{w|Colombia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|July 1}} || Organization ([[w:Bitcoin exchange|exchange company]]) || Cryptocurrency exchange {{w|Binance}} is founded.<ref>{{cite web |title=Binance |url=https://www.crunchbase.com/organization/binance#section-overview |website=crunchbase.com |accessdate=22 December 2019}}</ref> || {{w|China}} | ||
+ | |- | ||
+ | | 2017 || {{dts|July 4}} || Official response (warning) || The Saudi Arabian Monetary Agency issues a warning against bitcoin because it is not being monitored or supported by any legitimate financial authority.<ref name="loc.govs"/> || {{w|Saudi Arabia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|July 7}} || Official response (warning) || The Polish National Bank and the Financial Supervision Commission jointly issue a warning against investing in virtual currencies, citing price volatility and the risk of fraud.<ref name="loc.govs"/> || {{w|Poland}} | ||
+ | |- | ||
+ | | 2017 || {{dts|July 13}} || Official response (negative) || The Bank of Albania declares that the legal and regulatory framework in place do not envisage carrying out operations with cryptocurrency in Albania and users are exposed to certain risks.<ref name="loc.govs"/> || {{w|Albania}} | ||
+ | |- | ||
+ | | 2017 || {{dts|July 20}} || || Bitcoin Improvement Proposal 91, to trigger [[wikipedia:SegWit|Segregated Witness]] (SegWit) activation, is locked in.<ref>{{cite web |url=https://bitcoinmagazine.com/articles/bip-91-has-activated-heres-what-means-and-what-it-does-not/ |publisher=Bitcoin Magazine |title=BIP 91 Has Activated. Here's What That Means (and What It Does Not) |author=Aaron van Wirdum |date=July 20, 2017 |accessdate=August 3, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|July}} || Official response (negative) || The Central Bank of Chile states that virtual currencies have no specific legal recognition in the country and trade and transactions involving cryptocurrency are not subject to the regulation or supervision of the monetary authority.<ref name="loc.govs"/> || {{w|Chile}} | ||
+ | |- | ||
+ | | 2017 || {{dts|August 1}} || {{w|Bitcoin fork}} || A hard fork of bitcoin known as [[wikipedia:Bitcoin Cash|Bitcoin Cash]] occurs on this day.<ref>{{cite web |url=https://techcrunch.com/2017/08/02/wtf-is-bitcoin-cash-and-is-it-worth-anything/ |date=August 2, 2017 |publisher=TechCrunch |title=WTF is bitcoin cash and is it worth anything? |author=Fitz Tepper |accessdate=August 3, 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|August 1}} || Official response (regulation) || The Monetary Authority of Singapore (MAS) issues a statement clarifying that the offer or issue of digital tokens in Singapore will be regulated by the MAS, if the digital tokens fall within the definition of “securities” regulated under the security laws.<ref name="loc.govs"/> || {{w|Singapore}} | ||
+ | |- | ||
+ | | 2017 || {{dts|August 2}} || Valuation || Bitcoin cash is already the third most valuable cryptocurrency –with a market value of US$7.6 billion, after {{w|Bitcoin}} (US$44.4 billion MV) and {{w|Ethereum}} (US$21 billion MV).<ref>{{cite web|title=Bitcoin cash is already the third most valuable cryptocurrency|url=https://qz.com/1044413/bitcoin-cash-is-already-the-third-most-valuable-cryptocurrency/|website=qz.com|accessdate=11 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|August 4}} || Valuation || Bitcoin reaches record high valuation of US$3,000 per coin.<ref>{{cite web|title=Bitcoin breaks $3,000 to reach new all-time high|url=https://techcrunch.com/2017/08/04/bitcoin-3000/|website=techcrunch.com|accessdate=11 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|August 13}} || Valuation || Bitcoin breaks the US$4,000 mark.<ref>{{cite web|title=Bitcoin price breaks $4,000. Here’s why|url=https://qz.com/1052656/bitcoin-price-google-trends-can-help-you-figure-where-bitcoins-price-is-headed/|website=qz.com|accessdate=11 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|August 13}} || Official response (negative) || The Nepal Rastra Bank issues a notice that “all transactions related to or regarding bitcoins are illegal.”<ref name="loc.govs"/> || {{w|Nepal}} | ||
+ | |- | ||
+ | | 2017 || {{dts|August 15}} || {{w|Broadcasting}} || Blockstream, a Bitcoin software company, announces the launch of its Blockstream Satellite network, aimed at broadcasting bitcoin to people just about anywhere in the world irrespective of their internet connection — for free. The launch is expected to make the cryptocurrency more accessible to almost anyone, even in places where data costs are high and living standards and incomes are low.<ref>{{cite web|title=Bitcoin Now Comes From Satellites in Space. Welcome to the Future.|url=https://futurism.com/bitcoin-now-comes-from-satellites-in-space-welcome-to-the-future/|website=futurism.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Bitcoin launches into space to boost trading worldwide|url=http://www.zdnet.com/article/bitcoin-launches-into-space/|website=zdnet.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Bitcoin hitches a ride to space as satellites set to beam crypto down to earth|url=https://www.biznews.com/global-investing/2017/08/16/bitcoin-satellites-crypto-earth/|website=biznews.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Max Keiser, Peter Todd Debate Bitcoin in Space Post-Blockstream Announcement|url=https://cointelegraph.com/news/max-keiser-peter-todd-debate-bitcoin-in-space-post-blockstream-announcement|website=cointelegraph.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=The Bitcoin Network is Now in Outer Space|url=https://themerkle.com/the-bitcoin-network-is-now-in-space/|website=themerkle.com|accessdate=11 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|August 17}} || Official response (regulation) || {{w|Australia}} announces plan to strengthen its anti-money laundering laws and regulate digital currencies such as Bitcoin, following a similar move by {{w|Japan}}.<ref>{{cite web|title=Australia follows Japan in move to regulate bitcoin|url=https://www.ft.com/content/4cd5cc3c-8309-11e7-a4ce-15b2513cb3ff|website=ft.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Australia proposes stronger money laundering rules, includes bitcoin|url=https://www.reuters.com/article/us-australia-moneylaundering/australia-proposes-stronger-money-laundering-rules-includes-bitcoin-idUSKCN1AX06N|website=reuters.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Bitcoin latest news: Australia crackdown on cryptocurrency funding terrorism|url=https://www.express.co.uk/finance/city/842481/Bitcoin-latest-news-live-cryptocurrency-terrorism-funding-Australia-rules|website=express.co.uk|accessdate=11 December 2017}}</ref> || {{w|Australia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|August}} || Official response (negative) || The Central Bank of Swaziland issues a press release noting that cryptocurrency does not enjoy legal-tender status in Swaziland.<ref name="loc.govs"/> || {{w|Swaziland}} | ||
+ | |- | ||
+ | | 2017 || {{dts|September 2 || Valuation || Bitcoin's price rises above US$5,000 for the first time.<ref>{{cite web|title=Bitcoin Breaks $5,000 in Latest Price Frenzy|url=http://fortune.com/2017/09/02/bitcoin-price-breaks-5000/|website=fortune.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=$5,000: Bitcoin Price Hits Historic New Milestone|url=https://www.coindesk.com/5000-bitcoin-price-hits-historic-new-milestone/|website=coindesk.com|accessdate=11 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|September 4}} || Official response (negative) || Chinese government regulators issues the Announcement on Preventing Financial Risks from Initial Coin Offerings, which bans initial coin offerings (ICOs) in China.<ref name="loc.govs"/> || {{w|China}} | ||
+ | |- | ||
+ | | 2017 || {{dts|September 8}} || Official response (regulation) || Russia’s Finance Minister {{w|Anton Siluanov}} announces plan to regulate the circulation of bitcoin and other crypto-currencies involving Russian citizens and firms.<ref>{{cite web|title=Russia is Working on Legalizing Status of Bitcoin, Other Cryptocurrencies: RT|url=https://cointelegraph.com/news/russia-is-working-on-legalizing-status-of-bitcoin-other-cryptocurrencies-rt|website=cointelegraph.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=‘They’re real’: Russia eyes regulating Bitcoin & other cryptocurrencies|url=https://www.rt.com/business/402594-cryptocurrency-russia-regulation-law/|website=rt.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Russia to regulate Bitcoin market: finance minister|url=https://www.reuters.com/article/us-russia-bitcoin/russia-to-regulate-bitcoin-market-finance-minister-idUSKCN1BJ1WB|website=reuters.com|accessdate=11 December 2017}}</ref> || {{w|Russia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|September 27}} || Official response (warning) || The Monetary Authority of Macau (AMCM) issues a statement warning the financial industry and the public about the risks of virtual commodities and tokens. AMCM states: “Any trading of these commodities involves considerable risks, including but not limited to those relating to money laundering and terrorism financing, against which all participants should remain vigilant.”<ref name="loc.govs"/> || {{w|Macau}} | ||
+ | |- | ||
+ | | 2017 || {{dts|September 27}} || Notable acquisition || {{w|Tim Draper}} buys 2000 Bitcoin shares at a price of US$ 400,000.<ref name="henryharvin"/> || {{w|United States}} | ||
+ | |- | ||
+ | | 2017 || {{dts|September 29}} || Official response (regulation) || Japan's {{w|Financial Services Agency}} (FSA) issues operating licenses to 11 Bitcoin exchanges.<ref>{{cite web|title=Japan Endorses 11 Different Crypto Exchanges, Turns Into Friendliest Asian Bitcoin Market|url=https://news.bitcoin.com/japan-endorses-11-exchanges-transitions-to-largest-bitcoin-market/#:~:text=29-,Japan%20Endorses%2011%20Different%20Crypto%20Exchanges%2C%20Turns%20Into%20Friendliest%20Asian,endorsing%2011%20different%20cryptocurrency%20exchanges.&text=This%20means%20Japan%20now%20represents,cryptocurrency%2Dfriendly%20countries%20in%20Asia.|website=bitcoin.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Japan Issues Licenses for 11 Bitcoin Exchanges|url=https://www.coindesk.com/japans-finance-regulator-issues-licenses-for-11-bitcoin-exchanges/|website=coindesk.com|accessdate=11 December 2017}}</ref> || {{w|Japan}} | ||
+ | |- | ||
+ | | 2017 || {{dts|September}} || Official response (negative) || The Bank of Namibia issues a position paper noting that virtual currencies are not considered legal tender and are currently unregulated in the country.<ref name="loc.govs"/> || {{w|Namibia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|September}} || Official response (negative) || The Central Bank of Uzbekistan expresses the opinion that it is not advisable to allow operations with cryptocurrencies because of the possibility of terrorism financing and other criminal activities.<ref name="loc.govs"/> || {{w|Uzbekistan}} | ||
+ | |- | ||
+ | | 2017 || {{dts|October 11}} || Official response (negative) || The {{w|Central Bank of Russia}} announces it would support moves to block websites dealing in bitcoin and other virtual currencies, amidst declarations of President Vladimir Putin denouncing the cryptocurrency as risky and used by criminals.<ref>{{cite web|title=Putin, Russian central bank come down hard against bitcoin|url=https://www.marketwatch.com/story/putin-russian-central-bank-come-down-hard-against-bitcoin-2017-10-10|website=marketwatch.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Worse Than ‘the Russians’: Kansas Panel Prohibits Bitcoin Campaign Contributions|url=https://www.cryptocoinsnews.com/worse-than-the-russians-kansas-panel-prohibits-bitcoin-campaign-contributions/|website=cryptocoinsnews.com|accessdate=11 December 2017}}</ref> || {{w|Russia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|October 11}} || Official response (negative) || The Bank of Lithuania states that financial services must be clearly dissociated from activities related to virtual currencies and that financial market participants should not provide services associated with virtual currencies.<ref name="loc.govs"/> || {{w|Lithuania}} | ||
+ | |- | ||
+ | | 2017 || {{dts|October 16}} || Milestone transaction || {{w|IBM}} and a network of banks begin using digital currency and {{w|blockchain}} software to move money across borders throughout the {{w|South Pacific}}.<ref>{{cite web|title=IBM and Stellar Are Launching Blockchain Banking Across Multiple Countries|url=http://fortune.com/2017/10/16/ibm-blockchain-stellar/|website=fortune.com|accessdate=11 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|October 20}} || Valuation || Bitcoin breaks above US$6,000.<ref>{{cite web|title=Bitcoin breaks above $6,000, and $100 billion in value for the first time in its history|url=https://www.marketwatch.com/story/bitcoin-breaks-above-6000-nears-100-billion-value-for-the-first-time-in-its-history-2017-10-20|website=marketwatch.com|accessdate=11 December 2017}}</ref><ref>{{cite web|title=Bitcoin Price Breaks $6,000 at New All-Time High|url=http://fortune.com/2017/10/20/bitcoin-price-record-high-2/|website=fortune.com|accessdate=11 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|October 30}} || Official response (negative) || The State Bank of Vietnam issues a decree determining that Bitcoin and other virtual currencies are not legal means of payment.<ref name="loc.govs"/> || {{w|Vietnam}} | ||
+ | |- | ||
+ | | 2017 || {{dts|October}} || {{w|Market capitalization}} || Bitcoin market capitalization reaches US$100 billion.<ref>{{cite web |title=Bitcoin's Market Cap Is Now More Than $100 Billion |url=https://www.forbes.com/sites/cbovaird/2017/10/20/bitcoins-market-cap-is-now-more-than-100-billion/#230b171d2b8b |website=forbes.com |accessdate=2 January 2020}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|October 24}} || Organization ([[w:Bitcoin exchange|exchange company]]) || {{w|Upbit}} launches in {{w|South Korea}}.<ref>{{cite web |title=Upbit |url=https://nomics.com/exchanges/upbit |website=nomics.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Nearly $50 Million of Ether Swiped From South Korean Cryptocurrency Exchange |url=https://www.wsj.com/articles/nearly-50-million-of-ether-swiped-from-south-korean-cryptocurrency-exchange-11574918838 |website=wsj.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Sponsor Feature — Korea’s Largest Exchanges to Sponsor D.FINE |url=https://medium.com/@koreablockchainweek/sponsor-feature-koreas-largest-exchanges-to-sponsor-d-fine-6d4c0113a197 |website=medium.com |accessdate=29 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|October}} || Official response (warning) || The Central Bank of Costa Rica issues a statement warning about the risks associated with the acquisition of cryptocurrencies with the intention of using them either as financial savings or as a means of payment in Costa Rica.<ref name="loc.govs"/> || {{w|Costa Rica}} | ||
+ | |- | ||
+ | | 2017 || {{dts|October}} || Official response (regulation) || The Central Bank of Kyrgyzstan states that it does not consider introducing any prohibitive or restrictive measures regarding the mining of cryptocurrency.<ref name="loc.govs"/> || {{w|Kyrgyzstan}} | ||
+ | |- | ||
+ | | 2017 || {{dts|November 2}} || Valuation || Bitcoin surpasses the US$7,000 mark for the first time.<ref>{{cite web|title=Bitcoin smashes past $7,000 for the first time|url=https://www.cnbc.com/2017/11/02/bitcoin-rallies-to-another-record-high-of-6900.html|website=cnbc.com|accessdate=25 December 2017}}</ref><ref>{{cite web|title=Bitcoin Surges Past $7,000 to Extend Record Rally|url=https://www.bloomberg.com/news/articles/2017-11-02/bitcoin-surges-past-7-000-to-extend-record-rally-this-year|website=bloomberg.com|accessdate=25 December 2017}}</ref><ref>{{cite web|title=Bitcoin Just Surged Past $7,000. Here's Why|url=http://fortune.com/2017/11/02/buy-bitcoin-price-7000-cme/|website=fortune.com|accessdate=25 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|November 2}} || Official response (regulation) || The Commercial Register Office in the Swiss Canton of Zug starts accepting Bitcoin and Ethereum as payment for administrative costs.<ref name="loc.govs"/> || {{w|Switzerland}} | ||
+ | |- | ||
+ | | 2017 || {{dts|November 12}} || {{w|Bitcoin fork}} || {{w|Bitcoin Gold}} is launched as the second project to fork away from the Bitcoin blockchain to create a new coin in the year.<ref>{{cite web |title=Bitcoin Gold Launches on November 12 |url=https://bitcoinmagazine.com/articles/bitcoin-gold-launches-tomorrow1 |website=bitcoinmagazine.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Bitcoin Gold Launch – 12th November 2017 (19:00 UTC) |url=https://cryptocoinmastery.com/bitcoin-gold-launch/ |website=cryptocoinmastery.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Bitcoin Gold Will Finally Launch on November 12 |url=https://themerkle.com/bitcoin-gold-will-finally-launch-on-november-12/ |website=themerkle.com |accessdate=29 December 2019}}</ref><ref>{{cite web |title=Bitcoin Gold to Launch on November 12, But Will Anyone Care? |url=https://www.ccn.com/bitcoin-gold-to-launch-on-november-12-but-will-anyone-care/ |website=ccn.com |accessdate=29 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|November 16}} || Official response (warning) || The Brazilian Federal Reserve Bank issues a notice alerting citizens to the risks arising from the custody and trading operations of virtual currencies.<ref name="loc.govs">{{cite web |title=Regulation of Cryptocurrency Around the World |url=https://www.loc.gov/law/help/cryptocurrency/cryptocurrency-world-survey.pdf |website=loc.gov |accessdate=21 March 2020}}</ref> || {{w|Brazil}} | ||
+ | |- | ||
+ | | 2017 || {{dts|November 27}} || Official response (regulation) || Estonia enacts amendments to its anti-money laundering legislation that define cryptocurrencies as value represented in digital form that is digitally transferable, preservable, or tradable and that natural persons or legal persons accept as a payment instrument, but that is not the legal tender of any country or funds (banknotes or coins, scriptural money held by banks, or electronic money).<ref name="loc.govs"/> || {{w|Estonia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|November 29}} || Valuation || Bitcoin value reaches US$10,000 for the first time, a more than 10-fold increase in value over the course of the year.<ref>{{cite web|title=Bitcoin breaks through $10,000 as appeal grows|url=https://www.ft.com/content/cc422666-d4b0-11e7-8c9a-d9c0a5c8d5c9|website=ft.com|accessdate=25 December 2017}}</ref><ref>{{cite web|title=Bitcoin has broken the $10,000 barrier – and this run can go further|url=https://www.theguardian.com/commentisfree/2017/nov/29/bitcoin-broken-10000-dollar-barrier-frenzy-bubble|website=theguardian.com|accessdate=25 December 2017}}</ref><ref>{{cite web|title=Bitcoin explained: Its history, why is it so valuable, and will the bubble burst?|url=http://www.nme.com/blogs/bitcoin-explained-history-price-controversy-bubble-2166807|website=nme.com|accessdate=25 December 2017}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|November 30}} || Official response (regulation) || The financial regulators of Ukraine issue a joint statement declaring that cryptocurrencies cannot be classified as money, foreign currency, a means of payment, electronic money, securities, or a money surrogate.<ref name="loc.govs"/> || {{w|Ukraine}} | ||
+ | |- | ||
+ | | 2017 || {{dts|November}} || Official response (regulation) || Latvia introduces monitoring requirements for virtual currency service providers, including providers of virtual currency exchange services. Virtual currency is defined as the digital representation of a value that may be digitally transmitted, stored, or traded, and acts as an exchange instrument without being legal tender.<ref name="loc.govs"/> || {{w|Latvia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|November}} || Official response (warning) || The Finnish Financial Supervisory Authority issues an advisory that cryptocurrencies are risk-filled investment alternatives.<ref name="loc.govs"/> || {{w|Finland}} | ||
+ | |- | ||
+ | | 2017 || {{dts|November}} || Official response (warning) || The Central Bank of Lesotho issues a press statement warning the public of the risks associated with the use of cryptocurrencies, given the fact that the Bank “does not oversee, supervise or regulate the cryptocurrencies, their systems, promoters or intermediaries.”<ref name="loc.govs"/> || {{w|Lesotho}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 1}} || Official response (regulation) || Unites States regulator {{w|Commodity Futures Trading Commission}} (CFTC) announces it would let the {{w|Chicago Mercantile Exchange}} and {{w|Chicago Board Options Exchange}} trade in Bitcoin-related financial contracts. The news would render Bitcoin valuation rise further.<ref>{{cite web|title=US regulator approves Bitcoin trading|url=http://www.bbc.com/news/business-42199260|website=bbc.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin Futures Are About To Be a Thing and It's Sending Prices Soaring|url=http://fortune.com/2017/12/01/bitcoin-price-cme-cftc-futures/|website=fortune.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin Heads to Wall Street Whether Regulators Are Ready or Not|url=https://www.bloomberg.com/news/articles/2017-12-01/bitcoin-futures-to-start-trading-as-regulators-rush-to-catch-up|website=bloomberg.com|accessdate=31 January 2018}}</ref><ref>{{cite web|last1=Cheng|first1=Evelyn|title=CME to launch bitcoin futures in three weeks after green light from regulator; bitcoin jumps|url=https://www.cnbc.com/2017/12/01/cme-says-its-launching-bitcoin-futures-on-dec-18.html|website=cnbc.com|accessdate=31 January 2018}}</ref> || {{w|United States}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 3}} || Official response (negative) || The Iraqi Central Bank prohibits the use of cryptocurrencies, stating that currency traders who carry out transactions in cryptocurrencies will be punished by penalties cited in the country’s anti-money laundering law.<ref name="loc.govs"/> || {{w|Iraq}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 5}} || Official response (negative) || The National Bank of Cambodia states that activities of a handful of companies operating in Cambodia that try to persuade people to use cryptocurrencies for everyday purchases and other financial transactions are “not legal as digital currencies are not issued or backed up by any government.”<ref name="loc.govs"/> || {{w|Cambodia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 7}} || Mining || The 16 millionth Bitcoin is mined, with 5 million remaining.<ref>{{cite web |title=16 million mined, 5 million remaining |url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/16-million-mined-5-million-remaining-approaching-bitcoin-threshold-fuel-crypto-frenzy/articleshow/61962216.cms |website=economictimes.indiatimes.com |accessdate=22 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|December 17}} || Valuation || CoinDesk Bitcoin price index reaches an all-time high of $19,783.21.<ref>{{cite web|title=Bitcoin Hits a New Record High, But Stops Short of $20,000|url=http://fortune.com/2017/12/17/bitcoin-record-high-short-of-20000/|website=fortune.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin plunges over 20% from December highs as cryptocurrency crackdown fear gains strength worldwide|url=http://www.financialexpress.com/market/bitcoin-plunges-over-20-from-december-highs-as-cryptocurrency-crackdown-fear-gains-strength-worldwide/1018356/|website=financialexpress.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin too good to be true?|url=http://business.inquirer.net/244306/bitcoin-good-true|website=business.inquirer.net|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin trading starts on the huge CME exchange|url=http://www.bbc.com/news/business-42386893|website=bbc.com|accessdate=31 January 2018}}</ref><ref name="From $900 to $20,000: Bitcoin's Historic 2017 Price Run Revisited">{{cite web|last1=Higgins|first1=Stan|title=From $900 to $20,000: Bitcoin's Historic 2017 Price Run Revisited|url=https://www.coindesk.com/900-20000-bitcoins-historic-2017-price-run-revisited/|website=coindesk.com|accessdate=31 January 2018}}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|December 18}} || Official response (negative) || The Croatia’s Financial Stability Council warns that individuals investing in virtual currencies bear sole responsibility for their losses and should be aware of possible taxation.<ref name="loc.govs"/> || {{w|Croatia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 18}} || Official response (negative) || Kuwait’s Ministry of Finance announces it does not recognize cryptocurrencies for purposes of official commercial transactions.<ref name="loc.govs"/> || {{w|Kuwait}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 19}} || Official response (warning) || The Taiwanese [[w:Financial Supervisory Commission (Taiwan)|Financial Supervisory Commission]] (FSC) issues a statement warning the general public about the risks of investing in virtual commodities such as Bitcoin.<ref name="loc.govs"/> || {{w|Taiwan}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 20}} || Official response (negative) || The National Bank of Georgia confirms that cryptocurrency is not legal tender in Georgia and is not regulated by Georgian law.<ref name="loc.govs"/> || {{w|Georgia}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 22}} || Official response (negative) || The Central Bank of Brunei releases a statement reminding the public that “cryptocurrencies are not legal tender in Brunei Darussalam and are not regulated” and advising the public “to be vigilant and exercise extreme caution when dealing with such currencies that are privately issued.”<ref name="loc.govs"/> || {{w|Brunei}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 24}} || Official response (negative) || The {{w|Bangladesh Bank}} issues a cautionary notice declaring that cryptocurrencies are illegal in Bangladesh.<ref name="loc.govs"/> || {{w|Bangladesh}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 28}} || Official response (regulation) || South Korea’s government announces imposition of additional measures to regulate speculation in cryptocurrency trading within the country. This would unleash a negative impact on Bitcoin's valuation across the globe.<ref>{{cite web|title=South Korea to impose new curbs on cryptocurrency trading|url=https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-to-impose-new-curbs-on-cryptocurrency-trading-idUSKBN1EM05K|website=reuters.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin falls $1,000 after South Korea promises crackdown on trading|url=https://www.theguardian.com/technology/2017/dec/28/bitcoin-falls-south-korea-crackdown-trading|website=theguardian.com|accessdate=31 January 2018}}</ref> || {{w|South Korea}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December}} || Organization || {{w|Pineapple Fund}} is founded as a philanthropic project by an anonymous individual which gives away 5,057 Bitcoins to 60 charities. The amount is valued at US$86 million in December 2017.<ref>{{cite news |last= |first= |date=14 December 2017 |title=Bitcoin philanthropist sets up $85M investment fund to support charities |url=https://thenextweb.com/hardfork/2017/12/14/bitcoin-85m-invest-fund-pineapple/ |work=The Next Web |location= |access-date=24 December 2019}}</ref><ref>{{cite news |last=Guo |first=Eileen |date=17 December 2017 |title=Can the $86 Million "Pineapple Fund" Save the Soul of Bitcoin? |url=https://www.inverse.com/article/39443-pineapple-fund |work=[[w:Inverse (website)|Inverse]] |location= |access-date=24 December 2019 }}</ref><ref>{{cite news |last=Coren |first=Michael |date= |title=A bitcoin millionaire’s fortune will fund psychedelic research, a cure for aging, and clean water |url=https://qz.com/1160997/a-bitcoin-millionaire-is-giving-away-a-fortune-to-psychedelic-research-curing-aging-and-clean-water/ |work={{w|Quartz}} |location= |access-date=24 December 2019 }}</ref><ref>{{cite news |last=Murphy |first=David |date=17 December 2017 |title='Pineapple Fund' Giving Away $86 Million in Bitcoins to Charity |url=https://www.pcmag.com/news/357999/pineapple-fund-giving-away-86-million-in-bitcoins-to-char |work={{w|PC Magazine}} |location= |access-date=24 December 2019 }}</ref> || | ||
+ | |- | ||
+ | | 2017 || {{dts|December}} || Official response (negative) || The acting President of the Bank of Guatemala confirms that both Bitcoin and other types of cryptocurrencies are not legal tender in the country and do not have regulatory backing.<ref name="loc.govs"/> || {{w|Guatemala}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 27}} || Official response (negative) || Algeria issues law prohibiting the use of any cryptocurrencies.<ref name="loc.govs"/> || {{w|Algeria}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December 29}} || Official response (regulation) || Argentina issues amendment to its income tax law providing that the profit derived from the sale of digital currency will be considered income and taxed as such.<ref name="loc.govs"/> || {{w|Argentina}} | ||
+ | |- | ||
+ | | 2017 || {{dts|December}} || Official response (warning) || The Central Bank of Oman declares that there are no policies or guidelines to regulate “digital currencies” or “cryptocurrencies”, and urges citizens to be cautious when dealing with cryptocurrencies, asserting that the Central Bank is not responsible for any financial consequences stemming from dealings in cryptocurrencies.<ref name="loc.govs"/> || {{w|Oman}} | ||
+ | |- | ||
+ | | 2017 || {{w|December}} || Official response (negative) || The Reserve Bank of Zimbabwe notes that virtual currencies are not legal tender in Zimbabwe and remain unregulated.<ref name="loc.govs"/> || {{w|Zimbabwe}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 1}} || Official response (regulation) || The municipality of {{w|Chiasso}}, in the Swiss Canton of {{w|Ticino}}, starts accepting Bitcoin as tax payments for amounts of up to CHF250 (around US$263).<ref name="loc.govs"/> || {{w|Switzerland}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 7}} || Official response (negative) || The governor of the Central Bank of Bahrain issues a warning against cryptocurrencies, especially Bitcoin.<ref name="loc.govs"/> || {{w|Bahrain}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 8}} || Official response (warning) || The Mozambican Federal Reserve Bank issues a notice informing citizens that it does not regulate or supervise any activity or transaction carried out through Bitcoins and is not responsible for any impacts of transactions related to Bitcoin.<ref name="loc.govs"/> || {{w|Mozambique}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 9}} || Official response (negative) || The Central Bank of Bosnia and Herzegovina announces that the convertible mark (the currency of Bosnia and Herzegovina) is the only legal means of payment in the country, and it is not possible to exchange Bitcoins and other cryptocurrencies for convertible mark.<ref name="loc.govs"/> || {{w|Bosnia and Herzegovina}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 10}} || Official response (negative) || The Central Bank of Egypt issues a warning against the trading of cryptocurrencies, such as Bitcoin, due to the extremely high risk associated with such currencies.<ref name="loc.govs"/> || {{w|Egypt}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 11}} || Official response (regulation) || The {{w|Inland Revenue Department}} os {{w|New Zelaland}} indicates that people should “treat money made buying and selling cryptocurrencies in the same, or similar, way they would money made buying and selling gold. That is, pay tax on the profit made by selling a currency, only if that currency was bought with the intention of resale.”<ref name="loc.govs"/> || {{w|New Zealand}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 12}} || Valuation || Amidst rumors that South Korea could be preparing to ban trading in cryptocurrency, the price of Bitcoin depreciates by 12 percent.<ref>{{Cite news|url=https://www.cnbc.com/2018/01/11/south-korea-cryptocurrency-justice-ministry-softened-stance.html|title=South Korea is talking down the idea a cryptocurrency trading ban is imminent|last=Choudhury|first=Saheli Roy|date=January 11, 2018|publisher={{w|CNBC}}|access-date=30 December 2019}}</ref><ref>{{Cite news|url=https://www.cnbc.com/2018/01/11/bitcoin-ripple-ethereum-prices-fall-after-south-korea-trading-ban-talk.html|title=Over $100 billion wiped off global cryptocurrency market following talk of South Korea trading ban|last=Kharpal|first=Arjun|date=January 11, 2018|publisher={{w|CNBC}}|access-date=30 December 2019}}</ref> || | ||
+ | |- | ||
+ | | 2018 || {{dts|January 13}} || Official response (warning) || The {{w|Bank Indonesia}} releases a statement that warns against buying, selling, or otherwise trading in virtual currencies.<ref name="loc.govs"/> || {{w|Indonesia}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 15}} || Official response (warning) || The National Bank of Tajikistan issues a statement warning the citizens about the risks associated with the use of cryptocurrency. The Bank clarifies that in Tajikistan cryptocurrency cannot be considered an official means of exchange or savings, or a unit of account.<ref name="loc.govs"/> || {{w|Tajikistan}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 16}} || Service shutdown || {{w|Bitconnect}} announces it would shut down its cryptocurrency exchange and lending operation after regulators from {{w|Texas}} and {{w|North Carolina}} issue a cease and desist order against it as it was suspected of being fraudulent.<ref name="bloomberg">{{Cite news|url=https://www.bloomberg.com/news/articles/2018-01-16/bitconnect-closes-exchange-as-states-warn-of-unregulated-sales|title=BitConnect Closes Exchange as States Warn of Unregulated Sales|last=Kharif|first=Olga|date=2018-01-16|work=Bloomberg|access-date=30 December 2019}}</ref><ref>{{Cite news|url=http://nymag.com/selectall/2018/01/ponzi-scheme-bitcoin-site-bitconnect-shuts-down.html|title=The Rise and Fall of BitConnect, the Sketchiest Crypto Exchange|last=Swearingen|first=Jake|date=2018-01-17|work=Select All|access-date=30 December 2019|publisher=New York Magazine|language=en}}</ref><ref>{{Cite news|url=http://www.nasdaq.com/article/crypto-news-update-20180117-00663|title=Crypto News Update|date=2018-01-17|work=NASDAQ.com|access-date=30 December 2019|language=en-us}}</ref> || | ||
+ | |- | ||
+ | | 2018 || {{dts|January 17}} || Valuation || Bitcoin price falls to as low as $9,199.59, half its peak price, falling almost 19 percent within 24 hours, after Chinese authorities say they will strengthen a ban put in place late in 2017 to prevent its citizens from using cryptocurrency exchanges.<ref>{{cite web|title=Bitcoin Plunges to $10,000, Half Its Peak Price, as Investor Fears Blossom|url=http://fortune.com/2018/01/17/bitcoin-price-crash-regulation/|website=fortune.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin sinks below $10,000 and is now 50% off all-time high as cryptocurrency sell-off deepens|url=https://www.cnbc.com/2018/01/17/cryptocurrency-sell-off-continues-as-bitcoin-ethereum-sink.html|website=cnbc.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin drops below $10,000 as regulatory fears intensify|url=https://venturebeat.com/2018/01/17/bitcoin-drops-below-10000-as-regulatory-fears-intensify/|website=venturebeat.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin’s Price Is Plunging and Here’s Who to Blame|url=http://time.com/money/5105008/bitcoin-plummets-as-more-governments-crack-down-on-cryptocurrencies/|website=time.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Regulatory fears hammer bitcoin below $10,000, half its peak|url=https://www.reuters.com/article/uk-global-bitcoin/regulatory-fears-hammer-bitcoin-below-10000-half-its-peak-idUSKBN1F60CG|website=reuters.com|accessdate=31 January 2018}}</ref> || | ||
+ | |- | ||
+ | | 2018 || {{dts|January 17}} || Official response (regulation) || The head of Kyrgyzstan’s National Bank, Tolkunbek Abdygulov, states that the Bank does not plan to impede the development of the cryptocurrency market in Kyrgyzstan, noting that it is very difficult to ban something that the Central Bank does not issue and that citizens of Kyrgyzstan investing in cryptocurrency do so at their own risk and peril.<ref name="loc.govs"/> || {{w|Kyrgyzstan}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 18}} || Official response (negative) || The Bank of Slovenia warns citizens that virtual currencies are not a digital replacement for banknotes and coins, and are not regulated.<ref name="loc.govs"/> || {{w|Slovenia}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 24}} || Official response (regulation) || Polish Prime Minister {{w|Mateusz Morawiecki}} states that Poland will either ban cryptocurrency or introduce regulations to ensure that it does not turn into a pyramid scheme.<ref name="loc.govs"/> || {{w|Poland}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 26}} || Security || {{w|Coincheck}}, Japan's largest cryptocurrency [[w:Over-the-counter (finance)|OTC]] market, is hacked. US$530 million of the [[w:NEM (cryptocurrency)|NEM]] are stolen, and the loss is the largest ever by an incident of theft, which causes Coincheck to indefinitely suspend trading.<ref>{{Cite news|url=https://www.wsj.com/articles/cryptocurrency-worth-530-million-missing-from-japanese-exchange-1516988190|title=Cryptocurrency Worth $530 Million Missing From Japanese Exchange|last=Mochizuki|first=Takashi|date=January 26, 2018|work=The Wall Street Journal|access-date=October 22, 2018|last2=Vigna|first2=Paul}}</ref> || {{w|Japan}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 30}} || Official response (regulation) || The South Korean government implements a rule that allows trades in cryptocurrencies only from real-name bank accounts.<ref name="loc.govs"/> || {{w|South Korea}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 31}} || Mining || Within its semiconductor business called Foundry, Samsung starts mass producing Bitcoin mining chips in partnership with an unidentified Chinese mining company.<ref>{{cite web|last1=Smith|first1=Chris|title=Samsung entering the Bitcoin game with new cryptocurrency mining chips|url=http://www.trustedreviews.com/news/samsung-bitcoin-cryptocurrency-game-wit-3385266|website=trustedreviews.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Samsung Enters the Bitcoin Mining ASIC Manufacturing Business|url=https://news.bitcoin.com/samsung-enters-bitcoin-mining-asic-manufacturing-business/|website=news.bitcoin.com|accessdate=31 January 2018}}</ref><ref>{{cite web|last1=Vincent|first1=James|title=Samsung’s now making chips designed for cryptocurrency mining|url=https://www.theverge.com/2018/1/31/16954366/bitcoin-cryptocurrency-mining-asic-chips-samsung|website=theverge.com|accessdate=31 January 2018}}</ref><ref>{{cite web|last1=Milano|first1=Annaliese|title=Samsung Is Now Building Bitcoin Mining Chips, Report Says|url=https://www.coindesk.com/samsung-is-now-building-bitcoin-mining-chips-report-says/|website=coindesk.com|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Samsung is making chips designed to mine cryptocurrencies like bitcoin|url=https://www.cnbc.com/2018/01/31/samsung-cryptocurrency-mining-semiconductor-chips.html|website=cnbc.com|accessdate=31 January 2018}}</ref> || | ||
+ | |- | ||
+ | | 2018 || {{dts|January 31}} || Official response (warning) || The Central Bank of Kosovo issues warning about the use of cryptocurrencies reminding persons that virtual money is not recognized as legal tender and that financial losses may result from investing in cryptocurrencies.<ref name="loc.govs"/> || {{w|Kozovo}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 31}} || Official response (regulation) || In the self-proclaimed republic of {{w|Transnistria}}, a law is passed legalizing mining activities. It provides for creation of free economic zones for mining purposes. The authorities promise exemption from taxes, duty-free import and export of mining equipment, and assistance with energy supply.<ref name="loc.govs"/> || {{w|Moldova}} | ||
+ | |- | ||
+ | | 2018 || {{dts|January 31}} || Corporation policy || {{w|Facebook}} bans people entirely from advertising Bitcoin and other cryptocurrencies amid fears they are used for fraud.<ref>{{cite web|title=Bitcoin latest: Facebook bans all ads promoting cryptocurrency amid fears they are used for fraud|url=http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-latest-value-facebook-ban-ads-cryptocurrency-ico-scam-fraud-warning-a8186646.html|website=independent.co.uk|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Bitcoin price LIVE: Bitcoin falls to $9k as Facebook bans 'deceptive' crypto ads|url=https://www.express.co.uk/finance/city/912389/bitcoin-price-live-ripple-ethereum-rising-falling-blockchain-plunge|website=express.co.uk|accessdate=31 January 2018}}</ref><ref>{{cite web|last1=Wagner|first1=Kurt|title=Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs|url=https://www.recode.net/2018/1/30/16950926/facebook-mark-zuckerberg-bans-crypto-advertising-bitcoin-james-altucher|website=recode.net|accessdate=31 January 2018}}</ref><ref>{{cite web|title=Facebook bans cryptocurrency ads due to frequent fraud|url=https://mashable.com/2018/01/31/facebook-bans-cryptocurrency-ads/#uAbWr8AMQmq7|website=mashable.com|accessdate=31 January 2018}}</ref> || | ||
|- | |- | ||
− | | | + | | 2018 || {{dts|January || Official response (negative) || The Honduran Central Bank issues a statement declaring that cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and other similar cryptocurrencies do not have the backing of the Central Bank of Honduras.<ref name="loc.govs"/> || {{w|Honduras}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|January}} || Official response (negative) || The Central Bank of Ecuador states that Bitcoin is not an authorized payment method in this country.<ref name="loc.govs"/> || {{w|Ecuador}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|January}} || Official response (warning) || The Central Bank of the Netherlands publishes a position paper on cryptocurrencies and initial coin offerings in which it highlights that cryptocurrencies “do not currently fulfill the role of money—in fact, they are hardly ever used for payment, and they are not a universally accepted and stable medium of exchange, a suitable unit of account or a reliable store of value. Accordingly, they do not have any implications in terms of monetary policy.”<ref name="loc.govs"/> || {{w|Netherlands}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|January}} || Official response (negative) || The {{w|Bank of Ghana}} advises to banks and the general public against the use of “virtual or digital currencies, also known as cryptocurrencies,” mainly because such currencies and the entities that facilitate their transactions are not sanctioned by the government.<ref name="loc.govs"/> || {{w|Ghana}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|January}} || Official response (negative) || The {{w|government of India}} states that cryptocurrencies such as Bitcoin are not legal tender in the country.<ref name="loc.govs"/> || {{w|India}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February 5}} || Official response (warning) || The {{w|Bank of Jamaica}} warns the public to “exercise caution in the use of virtual currencies given the associated risks and the absence of appropriate governance and consumer protection arrangements”.<ref name="loc.govs"/> || {{w|Jamaica}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February 6}} || Official response (warning) || Romania’s National Bank announces that it discourages any involvement of local credit institutions in the cryptocurrency sector because of reputational risks.<ref name="loc.govs"/> || {{w|Romania}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February 9}} || Official response (warning) || Hong Kong’s Securities and Futures Commission (SFC) alerts investors to the potential risks of dealing with cryptocurrency exchanges and investing in {{w|initial coin offering}}s.<ref name="loc.govs"/> || {{w|Hong Kong}} |
+ | |- | ||
+ | | 2018 || {{dts|February 12}} || Official response (warning) || The Central Bank of Azerbaijan states that cryptocurrency is a very volatile instrument and urges the population to be more careful in dealing with cryptocurrencies.<ref name="loc.govs"/> || {{w|Azerbaijan}} | ||
|- | |- | ||
− | | | + | | 2018 || {{dts|February 12}} || Official response (warning) || The Bank of Thailand issues a circular asking financial institutions to refrain from doing any business involving cryptocurrencies.<ref name="loc.govs"/> || {{w|Thailand}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February 14}} || Official response (warning) || The National Bank of Bulgaria announces that it joins the position of the European supervisory authorities on the risks inherent in buying virtual currencies, and notes that such currencies show extreme price volatility and signs of a pricing bubble.<ref name="loc.govs"/> || {{w|Bulgaria}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February 15}} || Official response (warning) || The National Bank of Moldova issues a statement recommending that citizens be as cautious as possible in deciding whether to invest in crypto-assets, given the technical characteristics of cryptocurrency, its high volatility, and the absence of any regulation that would protect investors.<ref name="loc.govs"/> || {{w|Moldova}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February}} || Mining || Several scientists working at a top-secret Russian nuclear warhead facility are arrested for allegedly using one of the country's most powerful supercomputers to mine Bitcoins.<ref>{{cite web |title=Russian nuclear scientists arrested for 'Bitcoin mining plot' |url=https://www.bbc.com/news/world-europe-43003740 |website=bbc.com |accessdate=22 December 2019}}</ref><ref>{{cite web |title=Russian nuclear scientists were arrested for using a supercomputer to mine bitcoin |url=https://qz.com/1203665/russian-nuclear-scientists-were-arrested-for-using-a-supercomputer-to-mine-bitcoin/ |website=qz.com |accessdate=22 December 2019}}</ref><ref>{{cite web |title=Russians arrested for 'mining bitcoin' at nuclear facility |url=https://www.theguardian.com/world/2018/feb/10/russians-arrested-for-mining-bitcoin-at-nuclear-facility |website=theguardian.com |accessdate=22 December 2019}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|February}} || Official response (regulation) || The {{w|Israeli government}} confirms that it would treat bitcoin and other cryptocurrencies as a kind of property instead of currency, making it therefore taxable as such.<ref>{{cite web |title=Israel Confirms It Will Tax Bitcoin as Property |url=https://www.coindesk.com/israel-confirms-will-tax-bitcoin-property |website=coindesk.com |accessdate=22 December 2019}}</ref> || {{w|Israel}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February}} || Corporation policy || Payment processors [[w:Visa Inc.|Visa]] and {{w|Mastercard}} re-classifiy bitcoin purchases viewing them as “cash advances,” a category that brings an additional 5% fee to those virtual currency purchases on credit cards.<ref>{{cite web |title=Mastercard, Visa Now Classify Bitcoin Purchases as ‘Cash Advances,’ Leading to Fees |url=https://bankinnovation.net/allposts/biz-lines/payments/mastercard-visa-now-classify-bitcoin-purchases-as-cash-advances-leading-to-fees/ |website=bankinnovation.net |accessdate=22 December 2019}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|February}} || Official response (regulation) || The [[w:Federal Ministry of Finance (Germany)|German Federal Ministry of Finance]] publishes guidance on valueadded-tax (VAT) treatment of Bitcoin and other virtual currencies, and determines that transactions to exchange a traditional currency for Bitcoin or other virtual currencies and vice versa constitute the taxable supply of other services for consideration, but fall under the exemption from VAT.<ref name="loc.govs"/> || {{w|Germany}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February}} || Official response (negative) || The National Securities Commission of Spain and the Bank of Spain issue a joint statement regarding the use of Bitcoin, noting that cryptocurrency is not issued, registered, authorized, or verified by any regulatory agency in the country.<ref name="loc.govs"/> || {{w|Spain}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February}} || Official response (negative) || The {{w|Qatar Central Bank}} warns citizens against trading in Bitcoin. The circular issued by the bank describes Bitcoin as illegal and unsupported by any central bank or government.<ref name="loc.govs"/> || {{w|Qatar}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|February}} || Official response (warning) || The Zambia Securities and Exchange Commission urges “any individuals or entities that are currently investing in or intend to invest in cryptocurrencies and related products/assets to exercise restraint and caution as they do so as the products/assets are largely unregulated and not subject to the jurisdiction of the Commission.”<ref name="loc.govs"/> || {{w|Zambia}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March 1}} || Official response (negative) || The {{w|government of Armenia}} publishes a document stating that adoption of a proposed law on cryptocurrencies is not advisable given that the majority of the leading countries urge people to refrain from operations with cryptocurrencies.<ref name="loc.govs"/> || {{w|Armenia}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March 14}} || Corporation policy || {{w|Google}} announces ban of all adverts for cryptocurrencies, including Bitcoin and {{w|initial coin offering}}s (ICOs), as it seeks to “tackle emerging threats”. Bitcoin valuation briefly falls below US$8,000 after the announcement.<ref>{{cite web |title=Bitcoin briefly falls below $8,000 after Google says it will ban cryptocurrency ads |url=https://www.cnbc.com/2018/03/14/bitcoin-falls-below-9000-after-google-bans-cryptocurrency-ads.html |website=cnbc.com |accessdate=22 December 2019}}</ref><ref>{{cite web |title=Google Bans Ads for Bitcoin and Other Cryptocurrencies |url=https://www.thewrap.com/google-bitcoin-ban-ads/ |website=thewrap.com |accessdate=22 December 2019}}</ref><ref>{{cite web |title=Google bans bitcoin adverts in cryptocurrency crackdown |url=https://www.theguardian.com/technology/2018/mar/14/google-bans-bitcoin-adverts-cryptocurrency-crackdown |website=theguardian.com |accessdate=22 December 2019}}</ref><ref>{{cite web |title=Google Bans Cryptocurrency Advertising, and Bitcoin Continues to Drop |url=https://gizmodo.com/google-bans-cryptocurrency-advertising-and-bitcoin-con-1823760813 |website=gizmodo.com |accessdate=22 December 2019}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|March 20}} || Official response (regulation) || Russia introduces bill defining “mining” as activities aimed at the creation of cryptocurrency with the purpose of receiving compensation in the form of cryptocurrency. Treated as an entrepreneurial activity, mining is subject to taxation if the miner exceeds the energy consumption limits established by the government for three months in a row.<ref name="loc.govs"/> || {{w|Russia}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March 23}} || Official response (regulation) || The Ministry of Finance of Slovakia publishes guidance explaining that revenues stemming from cryptocurrencies must be taxed, and that any type of exchange (including virtual currency) must be considered to be a taxable transfer.<ref name="loc.govs"/> || {{w|Slovakia}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March 23}} || Literature || Saifedean Ammous publishes ''The Bitcoin Standard: The Decentralized Alternative to Central Banking'', which analyzes the historical context to the rise of Bitcoin.<ref>{{cite web |title=The Bitcoin Standard: The Decentralized Alternative to Central Banking |url=https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861 |website=amazon.com |access-date=10 December 2020}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|March 28}} || Official response (regulation) || A Presidential Decree in Belarus on the development of the digital economy comes into effect, and permits buying, selling, exchanging, and mining cryptocurrency. Individuals are permitted to engage in mining; acquire tokens; and exchange, sell, donate, bequeath, and otherwise dispose of cryptocurrency. Income generated by mining and operations in cryptocurrencies is exempt from taxation until 2023.<ref name="loc.govs"/> || {{w|Belarus}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March 30}} || Official response (negative) || The {{w|National Bank of Kazakhstan}} states its conservative position on the issue of cryptocurrencies and adds that legislative amendments had already been prepared to prohibit the purchase and sale of cryptocurrencies for national currency, ban the activity of exchanges, and ban any type of mining.<ref name="loc.govs"/> || {{w|Kazakhstan}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March}} || Official response (warning) || The [[w:Commission de Surveillance du Secteur Financier|Financial Sector Monitoring Commission of Luxembourg]] issues a statement warning about the risks of investing in cryptocurrencies.<ref name="loc.govs"/> || {{w|Luxembourg}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March}} || Official response (regulation) || Mexico enacts law which includes a chapter on operations virtual assets (cryptocurrencies), defining them as representations of value electronically registered and utilized by the public as a means of payment for all types of legal transactions, which may only be transferred electronically.<ref name="loc.govs"/> || {{w|Mexico}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March}} || Official response (regulation) || The {{w|National Agency for Fiscal Administration}} of Romania declares that income from transactions with cryptocurrencies are taxable.<ref name="loc.govs"/> || {{w|Romania}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March}} || Official response (warning) || The {{w|Swedish Central Bank}} announces that “Bitcoins are not money.”<ref name="loc.govs"/> || {{w|Sweden}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|March}} || Official response (negative) || The Moroccan Exchange Office informs the public that the transactions effectuated through virtual currencies constitute a violation of the exchange regulations and are subject to penalties and fines provided by the texts in force.<ref name="loc.govs"/> || {{w|Morocco}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|April 6}} || Official response (negative) || The {{w|Reserve Bank of India}} issues a notification prohibiting banks, lenders and other regulated financial institutions from “dealing with virtual currencies.”<ref name="loc.govs"/> || {{w|India}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|April 22}} || Official response (negative) || The {{w|Central Bank of Iran}} announces ban on the handling of cryptocurrencies by all Iranian financial institutions, including banks and credit institutions. Currency exchanges are also banned from buying and selling, including adopting measures to facilitate or promote them.<ref name="loc.govs"/> || {{w|Iran}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|April 26}} || Mining || The 17 millionth of 21 million Bitcoins is mined.<ref>{{cite web |title=There are now 17 million bitcoins in existence — only 4 million left to ‘mine’ |url=https://www.cnbc.com/2018/04/26/there-are-now-17-million-bitcoins-in-existence--only-4-million-left-to-mine.html |website=cnbc.com |accessdate=22 December 2019}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|May 21}} || Milestone transaction || Banco Masventas, a bank in {{w|Argentina}}, starts using Bitcoin for cross-border payments. <ref>{{cite web |title=A Bank In Argentina Is Now Using Bitcoin for Cross-Border Payments |url=https://www.coindesk.com/bank-argentina-just-added-bitcoin-cross-border-payments |website=coindesk.com |accessdate=23 December 2019}}</ref> || {{w|Argentina}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|June 22}} || Official response (regulation) || The Financial Services Agency (FSA), Japan’s top financial regulator, issues six new business improvement orders. The orders to Bitflyer, Tech Bureau, Bitpoint Japan, Btcbox, Bitbank, and Quoine follow the agency’s first rejection of a crypto exchange registration on June 7.<ref>{{cite web |title=Japan Penalizes Crypto Exchanges - Yakuza Involvement Confirmed |url=https://news.bitcoin.com/japan-penalizes-crypto-exchanges-yakuza-involvement-confirmed/ |website=news.bitcoin.com |accessdate=23 December 2019}}</ref> || {{w|Japan}} |
|- | |- | ||
− | | | + | | 2018 || {{dts|August}} || Technology || A reported 3,500 Bitcoin ATMs (BATM) are installed worldwide.<ref>{{cite web |title=Bitcoin ATMs Now In The Thousands Around the World |url=https://news.bitcoin.com/bitcoin-atms-now-in-the-thousands-around-the-world/ |website=news.bitcoin.com |accessdate=25 December 2019}}</ref><ref>{{cite web |title=There Are Now More Than 3,500 Bitcoin ATMs Worldwide |url=https://www.ccn.com/there-are-now-more-than-3500-bitcoin-atms-worldwide/ |website=ccn.com |accessdate=25 December 2019}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|September}} || [[w:Cryptocurrency and security|Security]] || A {{w|Bitcoin Cash}} developer discovers the vulnerability CVE-2018-17144 in the Bitcoin Core software that could allow an attacker to crash vulnerable Bitcoin Core nodes and exceed the 21 million coin limit.<ref>{{Cite news|url=https://bitcoincore.org/en/2018/09/20/notice/|title=CVE-2018-17144 Full Disclosure|work=Bitcoin Core|access-date=23 December 2019|language=en}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|September 14}} || [[w:Cryptocurrency and security|Security]] || Hackers steal 6.7 billion yen (US$60 million) in Bitcoin and two other cryptocurrencies from Japan-based cryptocurrency exchange Zaif.<ref>{{cite web |title=Hackers stole $60 million from a crypto exchange in Japan's second major bitcoin heist this year |url=https://www.businessinsider.com/bitcoin-hackers-steal-60-million-cryptocurrency-japanese-exchange-2018-9 |website=businessinsider.com |accessdate=25 December 2019}}</ref><ref>{{cite web |title=Crypto Exchange Zaif Hacked In $60 Million Bitcoin Theft |url=https://www.coindesk.com/crypto-exchange-zaif-hacked-in-60-million-6000-bitcoin-theft |website=coindesk.com |accessdate=25 December 2019}}</ref><ref>{{cite web |title=Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen |url=https://news.bitcoin.com/japanese-regulated-exchange-zaif-hacked-btc/ |website=news.bitcoin.com |accessdate=25 December 2019}}</ref> || |
|- | |- | ||
− | | | + | | 2018 || {{dts|November 15}} || Bitcoin fork || A hard fork chain split of Bitcoin Cash occurs between two rival factions, Bitcoin Cash and Bitcoin SV.<ref name="Bloom17112018">{{cite news |last1=Kharif |first1=Olga |title=Bitcoin Cash Clash Is Costing Billions With No End in Sight|url=https://www.bloomberg.com/news/articles/2018-11-16/bitcoin-cash-clash-is-costing-billions-with-no-end-in-sight |accessdate=18 November 2018 |publisher=Bloomberg |date=17 November 2018}}</ref><ref>{{Cite news |url=https://www.bloomberg.com/news/articles/2018-11-23/bitcoin-cash-wars-end-with-no-relief-for-biggest-cryptocurrency |title=Bitcoin Cash Wars End With No Relief for Biggest Cryptocurrency |last1=Kharif |first1=Olga |date=23 November 2018 |publisher=Bloomberg |access-date=2 January 2020}}</ref> On the first day, Bitcoin Cash trades at about US$289 and Bitcoin SV trades at about $96.50, down from $425.01 a day earlier for the un-split Bitcoin Cash.<ref name="Bloom15112018">{{cite news |last1=Kharif |first1=Olga |title=Bitcoin Cash Fork Hits Investors' Pocketbooks as Two Coins Slip |url=https://www.bloomberg.com/news/articles/2018-11-15/bitcoin-cash-fork-hits-investors-pocketbooks-as-two-coins-slip |accessdate=18 November 2018 |publisher=Bloomberg |date=15 November 2018}}</ref> || |
|- | |- | ||
− | | | + | | 2019 || {{dts|January 1}} || Mining || The government of {{w|Abkhazia}} temporarily shuts down 15 mining farms in the country, in a short-term measure meant to alleviate power shortages during the cold winter months. The shut down facilities have a total power capacity of 8,950 kWt, and their consumption is equal to that of 1,800 households.<ref>{{cite web |title=Abkhazia Temporarily Shuts Down 15 Mining Farms |url=https://news.bitcoin.com/abkhazia-temporarily-shuts-down-15-mining-farms/ |website=news.bitcoin.com |access-date=8 December 2020}}</ref><ref>{{cite web |title=Abkhazia Temporarily Shuts Down 15 Mining Farms |url=https://www.flipmycrypt.com/news/abkhazia-temporarily-shuts-down-15-mining-farms |website=flipmycrypt.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=Abkhazia Temporarily Shuts Down 15 Mining Farms |url=http://thedopeuniversity.com/abkhazia-temporarily-shuts-down-15-mining-farms/ |website=thedopeuniversity.com |access-date=9 December 2020}}</ref> || {{w|Abkhazia}} |
|- | |- | ||
− | | | + | | 2019 || {{dts|January}} || Currency adoption || Coin-cashing machines operating company {{w|Coinstar}} announces it will start selling Bitcoin at grocery stores.<ref>{{cite web |title=Coinstar machines will start selling Bitcoin at the grocery store |url=https://techcrunch.com/2019/01/17/bitcoin-coinstar-coinme/ |website=techcrunch.com |access-date=8 December 2020}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2019 || {{dts|May 21}} || Literature || American author {{w|Ben Mezrich}} publishes ''Bitcoin Billionaires: A True Story of Genius, Betrayal and Redemption'', which tells the story of brothers Tyler and Cameron Winklevoss's big bet on Bitcoin. The book parallels ''The Accidental Billionaires'', published in 2009 by the same author.<ref>{{cite web |title=Bitcoin Billionaires: A True Story of Genius, Betrayal, and Redemption |url=https://www.amazon.com/Bitcoin-Billionaires-Genius-Betrayal-Redemption/dp/1250217741 |website=amazon.com |access-date=10 December 2020}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2019 || {{dts|June}} || Education || The [[w:Ministry of National Education|French education ministry]] announces the inclusion of Bitcoin in the school curriculum, noting how it will use the cryptocurrency to help students think about the characteristics of money.<ref>{{cite web |title=QU’EST-CE QUE LA MONNAIE ET COMMENT EST-ELLE CRÉÉE ? |url=https://cache.media.eduscol.education.fr/file/SES/96/5/RA19_Lycee_G_SPE_SES_1ere_monnaie-ses_1172965.pdf |website=cache.media.eduscol.education.fr |access-date=7 December 2020}}</ref> || {{w|France}} |
|- | |- | ||
− | | | + | | 2019 || {{dts|October 18}} || Mining || The 18 millionth bitcoin is mined.<ref>{{cite web |title=Satoshi Nakaboto: ‘18 million of the 21 million Bitcoins have now been mined’ |url=https://thenextweb.com/hardfork/2019/10/19/satoshi-nakaboto-18-million-of-the-21-million-bitcoins-have-now-been-mined/ |website=thenextweb.com |accessdate=22 December 2019}}</ref><ref>{{cite web |title=Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally |url=https://www.newsbtc.com/2019/10/19/happy-18-millionth-bitcoin-btc-scarcity-implies-large-price-rally/ |website=newsbtc.com |accessdate=22 December 2019}}</ref><ref>{{cite web |title=The 18 Millionth Bitcoin Will Be Mined Today |url=https://cryptopotato.com/today-the-18-millionth-bitcoin-will-be-mined/ |website=cryptopotato.com |accessdate=22 December 2019}}</ref> || |
|- | |- | ||
− | | | + | | 2019 || {{dts|November 6}} || Partnership || Tokens.net partners with {{w|Bitcoin.com}} as an Official Simple Ledger Protocol (SLP) Partner. SLP is a protocol for token creation on the Bitcoin Cash (BCH) chain, promoting {{w|tokenization}} of assets in a simple way, as well as providing electronic wallets, block explorers, social media bots, token faucets and back-end infrastructure, as well as protocols for token creation and consulting for token resources and development.<ref>{{cite web |title=Tokens.net Seals Partnership With Bitcoin.com as an Official SLP Partner |url=https://news.bitcoin.com/tokens-net-seals-partnership-with-bitcoin-com-as-an-official-slp-partner/ |website=news.bitcoin.com |access-date=8 December 2020}}</ref><ref>{{cite web |title=Tokens.net Seals Partnership With Bitcoin.com as an Official SLP Partner |url=https://www.uptrennd.com/post-detail/tokens-net-seals-partnership-with-bitcoin-com-as-an-official-slp-partner~MTcxMDcw |website=uptrennd.com |access-date=9 December 2020}}</ref> || |
|- | |- | ||
− | | | + | | 2019 || November 20 || Currency adoption || {{w|Bitcoin.com}} launches the US$200 million Bitcoin Cash Ecosystem Fund, which focuses on payment solutions and non-custodial financial services for {{w|Bitcoin Cash}}.<ref>{{cite web |title=Bitcoin.com Launches $200M Bitcoin Cash Investment Fund |url=https://cointelegraph.com/news/bitcoincom-launches-200m-bitcoin-cash-investment-fund |website=cointelegraph.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=Bitcoin.com to Launch $200 Million BCH Ecosystem Investment Fund |url=https://news.bitcoin.com/bitcoin-com-to-launch-200-million-bch-ecosystem-investment-fund/ |website=news.bitcoin.com |access-date=7 December 2020}}</ref> || |
|- | |- | ||
− | | | + | | 2020 || Early February || Mining || The {{w|Chinese government}} shuts Bitcoin mining farms in order to contain the outbreak of the {{w|COVID-19}} epidemic in the country.<ref>{{cite web |title=China Shuts Bitcoin Mining Farms Following Coronavirus Epidemic |url=https://www.financemagnates.com/cryptocurrency/news/china-shuts-bitcoin-mining-farms-following-coronavirus-epidemic/ |website=financemagnates.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=Coronavirus shuts down Chinese Bitcoin mine |url=https://decrypt.co/18609/coronavirus-shuts-down-chinese-bitcoin-mine |website=decrypt.co |access-date=9 December 2020}}</ref> || {{w|China}} |
|- | |- | ||
− | | | + | | 2020 || {{dts|April 8}} || {{w|Bitcoin fork}} || {{w|Bitcoin Cash}} undergoes halving event, reducing its block rewards by half, and causing many miners to see gross margins drop to near zero.<ref>{{cite web |title=Bitcoin Cash Undergoes ‘Halving’ Event, Casting Shadow on Miner Profitability |url=https://www.coindesk.com/bitcoin-cash-undergoes-halving-event-casting-shadow-on-miner-profitability |website=coindesk.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=Bitcoin Cash "halving event" could cause many miners to give up |url=https://www.techradar.com/news/bitcoin-cash-halving-event-could-cause-many-miners-to-give-up |website=techradar.com |access-date=7 December 2020}}</ref> || |
|- | |- | ||
− | | | + | | 2020 || {{dts|May 7}} || Notable acquisition || American hedge fund manager {{w|Paul Tudor Jones}} reportedly buys Bitcoin as an inflation hedge in order to seek protection against central banks around the globe printing money to relieve coronavirus-battered economies.<ref>{{cite web |last1=Franck |first1=Thomas |title=Paul Tudor Jones reportedly buys bitcoin as an inflation hedge, compares crypto to 70s gold trade |url=https://www.cnbc.com/2020/05/07/paul-tudor-jones-reportedly-buys-bitcoin-as-an-inflation-hedge-compares-crypto-to-70s-gold-trade.html |website=CNBC |access-date=23 February 2021 |language=en |date=7 May 2020}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2020 || {{dts|May 16}} || Mining || The third Bitcoin halving should take place around this date on block 630,000.<ref name="BITCOIN CLOCK"/><ref>{{cite web |title=Bitcoin Halving Countdown |url=https://bravenewcoin.com/data-and-charts/bitcoin-halving |website=bravenewcoin.com |accessdate=29 March 2020}}</ref><ref name="Bitcoin Halving, Explained">{{cite web |title=Bitcoin Halving, Explained |url=https://www.coindesk.com/bitcoin-halving-explainer |website=coindesk.com |accessdate=29 March 2020}}</ref> The amount of new Bitcoins issued every 10 minutes will drop from 12.5 Bitcoins to 6.25.<ref name="BITCOIN CLOCK"/> || |
|- | |- | ||
− | | | + | | 2020 || {{dts|June 10}} || Currency adoption || Asia-Pacific bottling company {{w|Coca-Cola Amatil}} starts offering Bitcoin payment options in {{w|Australia}} and {{w|New Zeland}}, with more than 2,000 vending machines in those countries letting customers buy a Coke with bitcoin.<ref>{{cite web |title=Coca-Cola Distributor Offers Bitcoin Payment Options for Aussie Vending Machines |url=https://www.coindesk.com/coca-cola-bottler-signs-on-to-bring-crypto-transactions-to-the-mainstream |website=coindesk.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=Coca-Cola Distributor Offers Bitcoin Payment Options for Aussie Vending Machines |url=https://www.nasdaq.com/articles/coca-cola-distributor-offers-bitcoin-payment-options-for-aussie-vending-machines-2020-06 |website=nasdaq.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=Coca-Cola Distributor Offers Bitcoin Payment Options for Aussie Vending Machines |url=https://www.techchecknews.com/curated/coca-cola-distributor-offers-bitcoin-payment-options-for-aussie-vending-machines/ |website=techchecknews.com |access-date=9 December 2020}}</ref> || {{w|Australia}}, {{w|New Zeland}} |
|- | |- | ||
− | | | + | | 2020 || {{dts|July 15}} || Security || A reported 130 high-profile {{w|Twitter}} are compromised by outside parties to promote a [[w:2020 Twitter bitcoin scam|bitcoin scam]]. Twitter would later confirm that the perpetrators had gained access to Twitter's administrative tools so that they could alter the accounts themselves and post the tweets directly.<ref>{{cite web |title=17-year-old accused of masterminding Twitter bitcoin scam |url=https://www.cnbc.com/2020/07/31/twitter-bitcoin-scam-masterminded-by-17-year-old.html |website=cnbc.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=High‑profile Twitter accounts hacked to promote Bitcoin scam |url=https://www.welivesecurity.com/2020/07/16/high-profile-twitter-accounts-hacked-bitcoin-scam/ |website=welivesecurity.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=17-year-old ‘mastermind,’ 2 other suspects behind Twitter hack, Bitcoin scam |url=https://www.winknews.com/2020/07/31/17-year-old-mastermind-arrested-for-hacking-famous-twitter-accounts/ |website=winknews.com |access-date=9 December 2020}}</ref> || |
+ | |- | ||
+ | | 2020 || {{dts|August}} || Currency adoption || American {{w|business intelligence}} company {{w|MicroStrategy}} announces having purchased 21,454 bitcoins at a price of US$250 million, with the purpose to hold as a treasury reserve asset.<ref>{{cite web |title=MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset |url=https://www.bloomberg.com/press-releases/2020-08-11/microstrategy-adopts-bitcoin-as-primary-treasury-reserve-asset |website=bloomberg.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset |url=https://ir.microstrategy.com/news-releases/news-release-details/microstrategy-adopts-bitcoin-primary-treasury-reserve-asset#:~:text=11%2C%202020%2D%2D%20MicroStrategy%20%C2%AE,inclusive%20of%20fees%20and%20expenses. |website=ir.microstrategy.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ |url=https://www.coindesk.com/microstrategy-bitcoin-buy-protects-against-fiat-inflation |website=coindesk.com |access-date=9 December 2020}}</ref> || {{w|United States}} | ||
|- | |- | ||
− | | | + | | 2020 || {{dts|September 26}} || {{w|Bitcoin fork}} || {{w|Bitcoin Unlimited}} has its stable release.<ref>{{cite web |title=BCH Unlimited release 1.9.0.1 with electrscash |url=https://github.com/BitcoinUnlimited/BitcoinUnlimited/releases/tag/BCHunlimited1.9.0.1 |website=github.com |access-date=9 December 2020}}</ref> || |
|- | |- | ||
− | | | + | | 2020 || {{dts|October 8}} || Currency adoption || American payments company {{w|Square, Inc.}} announces having purchased 4,709 bitcoins (about US$50 million) in investment, representing 1% of the firm’s total assets.<ref>{{cite web |title=Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment |url=https://finance.yahoo.com/news/square-puts-1-total-assets-131029394.html#:~:text=(%2D0.30%25)-,Square%20Puts%201%25%20of%20Total%20Assets%20in,in%20Surprise%20%2450M%20Investment&text=Square%2C%20the%20payments%20company%20helmed,of%20the%20firm's%20total%20assets. |website=finance.yahoo.com |access-date=8 December 2020}}</ref><ref>{{cite web |title=Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment |url=https://www.coindesk.com/square-buys-50m-in-bitcoin |website=coindesk.com |access-date=8 December 2020}}</ref><ref>{{cite web |title=Square, Inc. Invests $50 Million in Bitcoin |url=https://squareup.com/us/en/press/2020-bitcoin-investment |website=squareup.com |access-date=8 December 2020}}</ref> || |
+ | |- | ||
+ | | 2020 || {{dts|October 21}} || Currency adoption || American {{w|financial services}} company {{w|PayPal}} announces a new service allowing all users in the United States buy, hold, or sell bitcoin using PayPal.<ref>{{cite web |title=PayPal to allow cryptocurrency buying, selling and shopping on its network |url=https://www.reuters.com/article/paypal-cryptocurrency/paypal-to-allow-cryptocurrency-buying-selling-and-shopping-on-its-network-idUSL1N2HB14U |website=reuters.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=PayPal and Venmo will offer and accept cryptocurrency for all online payments |url=https://www.theverge.com/2020/10/21/21527288/paypal-cryptocurrency-support-buy-sell-venmo-bitcoin |website=theverge.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=PayPal Launches New Service Enabling Users to Buy, Hold and Sell Cryptocurrency |url=https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency |website=newsroom.paypal-corp.com |access-date=9 December 2020}}</ref> || {{w|United States}} | ||
|- | |- | ||
− | | | + | | 2020 || {{dts|November 16}} || Notable prediction || A senior Citibank analyst predicts that Bitcoin could potentially reach US$318,000 in value by December 2021.<ref>{{cite web |last1=Malwa |first1=Decrypt / Shaurya |title=Citibank Analyst Puts Bitcoin Price Prediction: 'As High as $318,000' |url=https://decrypt.co/48359/citibank-analyst-puts-bitcoin-price-prediction-as-high-as-318000 |website=Decrypt |access-date=1 March 2021 |date=16 November 2020}}</ref><ref>{{cite web |title=Citibank Analyst Says Bitcoin Could Pass $300K by December 2021 |url=https://www.coindesk.com/citibank-bitcoin-gold-318k-2021 |website=CoinDesk |access-date=1 March 2021 |language=en |date=16 November 2020}}</ref><ref>{{cite web |last1=Bambrough |first1=Billy |title=Leaked Citibank Report Reveals Bitcoin Could Rocket To $300,000 Price By End Of 2021 |url=https://www.forbes.com/sites/billybambrough/2020/11/19/leaked-citibank-report-reveals-bitcoin-could-rocket-to-300000-price-by-end-of-2021/?sh=782f23176eab |website=Forbes |access-date=1 March 2021 |language=en}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2020 || {{dts|November 19}} || Fraud case || The Chinese police seizes crypto assets worth more than US$4.2 billion (including 194,775 BTC) from PlusToken, a cryptocurrency {{w|Ponzi scheme}} disguised as a high-yield investment program.<ref>{{cite web |title=Chinese police have seized $4.2 billion cryptos from PlusToken Ponzi crackdown |url=https://www.theblockcrypto.com/post/85873/china-seize-billion-cryptos-from-plustoken-crackdown |website=theblockcrypto.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=Plus Token (PLUS) Scam – Anatomy of a Ponzi |url=https://boxmining.com/plus-token-ponzi/ |website=boxmining.com |access-date=10 December 2020}}</ref> || {{w|China}} |
|- | |- | ||
− | | | + | | 2020 || November 23 || Early development || Researchers analyzing Satoshi Nakamoto’s activities conclude that he was launched Bitcoin from {{w|London}}.<ref>{{cite web |title=Satoshi Nakamoto Lived in London While Working on Bitcoin. Here’s How We Know. |url=https://chainbulletin.com/satoshi-nakamoto-lived-in-london-while-working-on-bitcoin-heres-how-we-know/ |website=chainbulletin.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=Research Suggests Satoshi Nakamoto Launched Bitcoin From London |url=https://cryptopotato.com/research-suggests-satoshi-nakamoto-launched-bitcoin-from-london/ |website=cryptopotato.com |access-date=7 December 2020}}</ref> || {{w|United Kingdom}} |
|- | |- | ||
− | | | + | | 2020 || November 26 || Official response (regulation) || The Russian prime minister outlines the government’s plans to recognize Bitcoin and other cryptocurrencies as property with legal protection.<ref>{{cite web |title=Russia to Recognize Bitcoin as Property With Legal Protection |url=https://news.bitcoin.com/russia-recognize-bitcoin-property-legal-protection/ |website=news.bitcoin.com |access-date=7 December 2020}}</ref> || {{w|Russia}} |
|- | |- | ||
− | | | + | | 2020 || November 30 || Valuation || Bitcoin reaches a new all time high of $19,860, surpassing the previous peak of $19,783 from December 2017.<ref>{{cite web |title=Bitcoin hits an all-time high of just under $20,000 |url=https://thestrawgroup.com/bitcoin-hits-an-all-time-high-of-just-under-20000/ |website=thestrawgroup.com |access-date=9 December 2020}}</ref><ref>{{cite web |title=Bitcoin hits a new all-time high today as $50,000 per coin by the end of 2020 predicted |url=https://www.express.co.uk/finance/city/1366601/Bitcoin-price-news-latest-new-all-time-high-bitcoin-trend-max-keiser |website=express.co.uk |access-date=9 December 2020}}</ref><ref>{{cite web |title=Bitcoin hits an all-time high of just under US$20,000 |url=https://www.ctvnews.ca/sci-tech/bitcoin-hits-an-all-time-high-of-just-under-us-20-000-1.5210183?cache=yesclipId104062%3FclipId%3D104059 |website=ctvnews.ca |access-date=9 December 2020}}</ref> || |
|- | |- | ||
− | | | + | | 2020 || December 3 || Currency adoption || Private German bank {{w|Hauck & Aufhäuser}} announces launch of a cryptocurrency fund which includes {{w|Bitcoin}}, {{w|Ethereum}}, and [[w:Stellar (payment network)|Stellar]], in an attempt to pursue a passive investment strategy.<ref>{{cite web |title=Hauck & Aufhäuser und Kapilendo starten ersten Kryptofonds |url=https://www.hauck-aufhaeuser.com/presseinformation-hauck-aufhaeuser-und-kapilendo-starten-ersten-kryptofonds |website=hauck-aufhaeuser.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=Private German Bank to Launch Cryptocurrency Fund |url=https://www.coindesk.com/private-german-bank-hauck-aufhauser-cryptocurrency-fund |website=coindesk.com |access-date=7 December 2020}}</ref><ref>{{cite web |title=German Bank Hauck & Aufhauser to Launch Cryptocurrency Fund in January 2021 |url=https://www.coinspeaker.com/hauck-aufhauser-crypto-fund-2021/ |website=coinspeaker.com |access-date=9 December 2020}}</ref> || |
|- | |- | ||
− | | | + | | 2020 || December 10 || Currency adoption || {{w|Massachusetts}}-based life insurance company {{w|MassMutual}} invests US$100 million in Bitcoin for its general investment fund.<ref>{{cite web |title=169-Year-Old MassMutual Invests $100 Million in Bitcoin |url=https://www.bloomberg.com/news/articles/2020-12-10/169-year-old-insurer-massmutual-invests-100-million-in-bitcoin |website=Bloomberg.com |access-date=16 February 2021 |language=en |date=10 December 2020}}</ref><ref>{{cite web |last1=Vigna |first1=Paul |title=MassMutual Joins the Bitcoin Club With $100 Million Purchase |url=https://www.wsj.com/articles/massmutual-joins-the-bitcoin-club-with-100-million-purchase-11607626800 |website=Wall Street Journal |access-date=16 February 2021 |date=10 December 2020}}</ref><ref>{{cite web |last1=Sharma |first1=Rakesh |title=Insurance Giant MassMutual Buys $100 Million of Bitcoin |url=https://www.investopedia.com/decoding-insurance-giant-massmutuals-bitcoin-investment-5092586#:~:text=Insurance%20giant%20Massachusetts%20Mutual%20recently,in%20the%20fund%20management%20outfit. |website=Investopedia |access-date=16 February 2021 |language=en}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2020 || December || Currency adoption || American financier {{w|Anthony Scaramucci}} launches the SkyBridge Bitcoin Fund, an institutional grade fund to invest in Bitcoin.<ref name="CoinMarketCapw"/> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2021 || January 5 || Notable prediction || American multinational investment bank {{w|JPMorgan Chase}} predicts that Bitcoin price could rise over US$146,000 in the long term, as it competes with gold as an asset class.<ref>{{cite web |title=JPMorgan Predicts Bitcoin Price Could Rise Over $146K in Long Term |url=https://www.coindesk.com/jpmorgan-predicts-bitcoin-price-could-rise-over-146000-in-long-term |website=CoinDesk |access-date=17 February 2021 |language=en |date=5 January 2021}}</ref> Previously, JPMorgan CEO {{w|Jamie Dimon}} has called Bitcoin a “fraud”.<ref>{{cite web |last1=Browne |first1=Ryan |title=JPMorgan says bitcoin could rise to $146,000 long term as it competes with gold |url=https://www.cnbc.com/2021/01/05/jpmorgan-bitcoin-price-could-rise-to-146k-as-it-competes-with-gold.html |website=CNBC |access-date=23 February 2021 |language=en |date=5 January 2021}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2021 || January 29 || Notable case || Bitcoin valuation spikes 20% after {{w|Elon Musk}} adds the hashtag #bitcoin to his {{w|Twitter}} bio.<ref>{{cite web |last1=Browne |first1=Ryan |title=Bitcoin spikes 20% after Elon Musk adds #bitcoin to his Twitter bio |url=https://www.cnbc.com/2021/01/29/bitcoin-spikes-20percent-after-elon-musk-adds-bitcoin-to-his-twitter-bio.html |website=CNBC |access-date=16 February 2021 |language=en |date=29 January 2021}}</ref><ref>{{cite web |last1=Fish |first1=Tom |title=Bitcoin price news: BTC spikes 20% after Elon Musk adds #bitcoin to Twitter bio |url=https://www.express.co.uk/finance/city/1390940/bitcoin-price-news-btc-spike-elon-musk-twitter-bio-gamestop-evg |website=Express.co.uk |access-date=20 February 2021 |language=en |date=29 January 2021}}</ref><ref>{{cite web |title=Bitcoin surges 20% after Elon Musk pumps ‘#bitcoin’ on Twitter |url=https://fortune.com/2021/01/29/bitcoin-price-elon-musk-twitter-bio/ |website=Fortune |access-date=20 February 2021 |language=en}}</ref> || |
|- | |- | ||
− | | | + | | 2021 || February 1 || Notable comment || {{w|European Central Bank}} governing council member {{w|Gabriel Makhlouf}} warns that Bitcoin investors may "lose all their money" by investing in a “highly speculative asset”.<ref>{{cite web |last1=Shalvey |first1=Kevin |title=Bitcoin investors may 'lose all their money,' warns European Central Bank governing council member |url=https://www.businessinsider.com/ecb-council-member-bitcoin-investors-may-lose-all-their-money-2021-1 |website=Business Insider |access-date=16 February 2021}}</ref> || |
|- | |- | ||
− | | | + | | 2021 || February 3 || Currency adoption || Credit card company {{w|Visa Inc.}} announces plans to help banks roll out Bitcoin and cryptocurrency buying and trading services with a Visa crypto software program, set to launch later in the year.<ref>{{cite web |title=Visa Expands Digital Currency Roadmap with First Boulevard |url=https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.17721.html |website=usa.visa.com |access-date=16 February 2021 |language=en}}</ref><ref>{{cite web |title=Visa Reveals Bitcoin And Crypto Banking Roadmap Amid Race To Reach Network Of 70 Million |url=https://www.forbes.com/sites/billybambrough/2021/02/03/visa-reveals-bitcoin-and-crypto-banking-roadmap-amid-race-to-reach-network-of-70-million/?sh=960237b401cd |website=forbes.com |access-date=16 February 2021}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2021 || February 8 || Notable acquisition || {{w|Tesla, Inc.}} announces having bought US$1.5 billion worth of Bitcoin.<ref>{{cite web |title=Tesla says it has bought $1.5 billion worth of bitcoin |url=https://www.theblockcrypto.com/linked/94155/tesla-has-bought-1-5-billion-bitcoin-btc |website=The Block |access-date=8 February 2021 |language=en}}</ref> || |
|- | |- | ||
− | | | + | | 2021 || February 10 || Currency adoption || American financial services corporation {{w|Mastercard}} announces that that it will begin supporting cryptocurrencies on its network later in the year.<ref>{{cite web |title=Mastercard says it will support 'select cryptocurrencies directly on our network' this year |url=https://www.theblockcrypto.com/linked/94560/mastercard-cryptocurrency-support-2021-payments |website=The Block |access-date=23 February 2021}}</ref><ref>{{cite web |last1=Crypto |first1=The Street |title=Mastercard to Add Cryptocurrency to Global Payment Network |url=https://www.thestreet.com/crypto/bitcoin/mastercard-crypto |website=The Street Crypto: Bitcoin and cryptocurrency news, advice, analysis and more |access-date=23 February 2021 |language=en}}</ref> || {{w|United States}} |
+ | |- | ||
+ | | 2021 || February 10 || Mining || Analysis by {{w|Cambridge University}} suggests that Bitcoin mining consumes around 121.36 terawatt-hours (TWh) a year,more than the whole of {{w|Argentina}}.<ref>{{cite web |title=Bitcoin consumes 'more electricity than Argentina' |url=https://www.bbc.com/news/technology-56012952 |website=bbc.com |access-date=15 February 2021}}</ref><ref>{{cite web |title=Bitcoin Consumes 'More Electricity Than Argentina' - Slashdot |url=https://hardware.slashdot.org/story/21/02/11/2252200/bitcoin-consumes-more-electricity-than-argentina |website=hardware.slashdot.org |access-date=15 February 2021 |language=en}}</ref><ref>{{cite web |title=Bitcoin Mining Now Uses More Electricity Than Argentina |url=https://www.iflscience.com/technology/bitcoin-mining-now-uses-more-electricity-than-argentina/ |website=IFLScience |access-date=15 February 2021 |language=en}}</ref> || {{w|United Kingdom}} | ||
|- | |- | ||
− | | | + | | 2021 || February 11 || Currency adoption || The {{w|Bank of New York Mellon}} announces that it will begin financing Bitcoin and other digital currencies. This is regarded as a validation of crypto from a key bank in the financial system.<ref>{{cite web |last1=Franck |first1=Thomas |title=BNY Mellon to offer bitcoin services, a validation of crypto from a key bank in the financial system |url=https://www.cnbc.com/2021/02/11/bny-mellon-to-offer-bitcoin-services-a-validation-of-crypto-from-a-key-bank-in-the-financial-system.html |website=CNBC |access-date=16 February 2021 |language=en |date=11 February 2021}}</ref><ref>{{cite web |title=BNY Mellon’s crypto entrance seeks to bridge generational adoption gap |url=https://cointelegraph.com/news/bny-mellon-s-crypto-entrance-seeks-to-bridge-generational-adoption-gap |website=Cointelegraph |access-date=16 February 2021 |language=en}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2021 || February 11 || Notable comment || United States secretary of the treasury {{w|Janet Yellen}} says that "misuse" of cryptocurrencies like Bitcoin is a growing problem, as regulators increase scrutiny after surge in interest. Yellen also emphasizes that "cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism."<ref>{{cite web |last1=GmbH |first1=finanzen net |title=Janet Yellen says 'misuse' of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surge in interest |url=https://markets.businessinsider.com/currencies/news/janet-yellen-bitcoin-misuse-cryptocurrencies-growing-problem-tesla-2021-2-1030071724 |website=markets.businessinsider.com |access-date=16 February 2021 |language=en-us}}</ref><ref>{{cite web |title=Janet Yellen says innovation can help fight misuse of cryptocurrencies and narrow digital gaps |url=https://www.cnbc.com/2021/02/11/janet-yellen-says-innovation-can-help-fight-misuse-of-cryptocurrencies.html |website=CNBC |access-date=23 February 2021 |language=en |date=11 February 2021}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2021 || February 11 || Official response (negative) || The {{w|Government of India}} announces being in the process levying a complete ban on crypto investment in the country. Existing investors would reportedly get a 3-6 month transition period for liquidating their investments.<ref>{{cite web |title=India to ban cryptocurrency investment completely: Report |url=https://www.theblockcrypto.com/post/94740/india-to-ban-crypto-investment-completely-report |website=The Block |access-date=16 February 2021}}</ref><ref>{{cite web |title=India to Implement Complete Cryptocurrency Ban, Reports Says {{!}} Finance Magnates |url=https://www.financemagnates.com/cryptocurrency/news/india-to-implement-complete-cryptocurrency-ban-reports-says/ |website=Finance Magnates {{!}} Financial and business news |access-date=20 February 2021 |language=en |date=12 February 2021}}</ref><ref>{{cite web |title=India to ban cryptocurrency investment completely: Report {{!}} Headlines {{!}} News |url=https://coinmarketcap.com/headlines/news/india-to-ban-crypto-investment-completely-report/ |website=CoinMarketCap |access-date=20 February 2021 |language=en}}</ref> || {{w|India}} |
|- | |- | ||
− | | | + | | 2021 || February 15 || Mining || A study published in journal {{w|Nature Climate Change}} warns on the growing environmental impact of Bitcoin mining and reports that if Bitcoin is implemented at similar rates at which other technologies have been incorporated, it alone could produce enough emissions to raise global temperatures by 2°C as soon as 2033.<ref>{{cite web |last1=Goldstein |first1=Alexis |title=Bitcoin Could Push Global Emissions Above 2 Degrees Celsius, Scientists Say |url=https://truthout.org/articles/bitcoin-could-push-global-emissions-above-2-degrees-celsius-scientists-say/?fbclid=IwAR2bsXCCru2lF-Gkh-pGA1CbW7jV3Zrw9vWZwOfaKJ633BPjQWzrts3lxo8 |website=Truthout |access-date=16 February 2021}}</ref><ref>{{cite web |title=Bitcoin can push global warming above 2 degrees C in a couple decades: It alone could produce enough emissions to raise global temperatures as soon as 2033 |url=https://www.sciencedaily.com/releases/2018/10/181029130951.htm |website=ScienceDaily |access-date=19 February 2021 |language=en}}</ref> || |
|- | |- | ||
− | | | + | | 2021 || February 17 || Notable comment || {{w|Anthony Scaramucci}} estimates that Bitcoin would surpass US$100,000 before year's end.<ref name="CoinMarketCapw">{{cite web |title=Anthony Scaramucci Expects Bitcoin to Hit $100,000 Before Year's End {{!}} Headlines {{!}} News |url=https://coinmarketcap.com/headlines/news/anthony-scaramucci-expects-bitcoin-to-hit-100000-before-years-end/ |website=CoinMarketCap |access-date=23 February 2021 |language=en}}</ref><ref>{{cite web |last1=Belvedere |first1=Matthew J. |title=SkyBridge's Anthony Scaramucci sees bitcoin nearly doubling to $100,000 before year-end |url=https://www.cnbc.com/2021/02/17/skybridge-anthony-scaramucci-sees-bitcoin-nearly-doubling-to-100000-dollars-before-year-end.html#:~:text=Anthony%20Scaramucci%2C%20founder%20of%20hedge,dollars%20in%20bitcoin%20right%20now. |website=CNBC |access-date=23 February 2021 |language=en |date=17 February 2021}}</ref> || {{w|United States}} |
|- | |- | ||
− | | | + | | 2024 || March–June || Mining || The fourth Bitcoin halving will happen at block 840,000.<ref name="BITCOIN CLOCK"/> || |
|- | |- | ||
− | | | + | | 2030 || || Mining || More than 98% of Bitcoins will be mined by this year.<ref name="BITCOIN CLOCK"/> || |
+ | |- | ||
+ | | 2140 || || Mining || The last Bitcoin will be mined around this year due to block reward halving.<ref>{{cite web |url=https://bitcoin.stackexchange.com/questions/10486/when-will-the-last-bitcoin-be-mined |title=When will the last Bitcoin be mined? |accessdate=June 23, 2017}}</ref><ref>{{cite web |url=https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term |title=Controlled supply - Bitcoin Wiki |accessdate=June 23, 2017 |quote=If the mining power had remained constant since the first Bitcoin was mined, the last Bitcoin would have been mined somewhere near October 8th, 2140. Due to the mining power having increased overall over time, as of block 367,500 - assuming mining power remained constant from that block forward - the last Bitcoin will be mined on May 7th, 2140.}}</ref> || | ||
+ | |} | ||
+ | |||
+ | == {{w|Bitcoin Core}} version updates == | ||
+ | |||
+ | {| class="wikitable" | ||
+ | ! Year !! Month and date !! Software version | ||
|- | |- | ||
− | | | + | | 2009 || {{dts|January 9}} || 0.1 <ref>{{cite web |url=https://www.mail-archive.com/cryptography@metzdowd.com/msg10142.html |title=Bitcoin v0.1 released |accessdate=June 12, 2017 |date=January 9, 2009 |author=Satoshi Nakamoto}}</ref> |
|- | |- | ||
− | | | + | | 2009 || {{dts|December 16}} || 0.2 <ref>{{cite web |url=https://bitcointalk.org/index.php?topic=16.0 |title=Bitcoin 0.2 released! |accessdate=June 12, 2017 |author=satoshi}}</ref> |
|- | |- | ||
− | | | + | | 2010 || {{dts|July 6}} || 0.3 <ref>{{cite web |url=https://bitcointalk.org/index.php?topic=238.0 |title=Bitcoin 0.3 released! |accessdate=June 12, 2017 |author=satoshi}}</ref> |
|- | |- | ||
− | | | + | | 2010 || {{dts|July 11}} || 0.3<ref>{{cite web |url=http://historyofbitcoin.org/ |title=Bitcoin History: The Complete History of Bitcoin [Timeline] |accessdate=June 16, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2011 || {{dts|April 27}} || 0.3.21<ref>{{cite web |title=0.3.21 released |url=https://bitcoin.org/en/release/v0.3.21 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2011 || {{dts|June 5}} || 0.3.22 <ref>{{cite web |title=0.3.22 released |url=https://bitcoin.org/en/release/v0.3.22 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2011 || {{dts|June 14}} || 0.3.23<ref>{{cite web |title=0.3.23 released |url=https://bitcoin.org/en/release/v0.3.23 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2011 || {{dts|July 8}} || 0.3.24<ref>{{cite web |title=0.3.24 released |url=https://bitcoin.org/en/release/v0.3.24 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2011 || {{dts|September 23}} || 0.4.0<ref>{{cite web |url=https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2011-September/000582.html |title=[Bitcoin-development] Bitcoin 0.4.0 released |accessdate=June 12, 2017 |author=Gavin Andresen}}</ref> |
|- | |- | ||
− | | | + | | 2011 || {{dts|November 21}} || 0.5.0 .<ref>{{cite web |url=https://bitcoin.org/en/release/v0.5.0 |title=0.5.0 released |accessdate=June 12, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2011 || {{dts|December 15}} || 0.5.1<ref>{{cite web |title=0.5.1 released |url=https://bitcoin.org/en/release/v0.5.1 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|January 9}} || 0.5.2<ref>{{cite web |title=0.5.2 released |url=https://bitcoin.org/en/release/v0.5.2 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|March 14}} || 0.5.3<ref>{{cite web |title=0.5.3 released |url=https://bitcoin.org/en/release/v0.5.3 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|March 16}} || 0.5.3.1<ref>{{cite web |title=0.5.3.1 released |url=https://bitcoin.org/en/release/v0.5.3.1 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|March 30}} || 0.6.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.6.0 |title=0.6.0 released |accessdate=June 14, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|May 4}} || 0.6.1<ref>{{cite web |title=0.6.1 released |url=https://bitcoin.org/en/release/v0.6.1 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|May 8}} || 0.6.2<ref>{{cite web |title=0.6.2 released |url=https://bitcoin.org/en/release/v0.6.2 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|June 25}} || 0.6.3<ref>{{cite web |title=0.6.3 released |url=https://bitcoin.org/en/release/v0.6.3 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|September 17}} || 0.7.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.7.0 |title=0.7.0 released |accessdate=June 14, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|October 19}} || 0.7.1<ref>{{cite web |title=0.7.1 released |url=https://bitcoin.org/en/release/v0.7.1 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2012 || {{dts|December 14}} || 0.7.2<ref>{{cite web |title=0.7.2 released |url=https://bitcoin.org/en/release/v0.7.2 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2013 || {{dts|February 19}} || 0.8.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.8.0 |title=0.8.0 released |accessdate=June 14, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2013 || {{dts|March 18}} || 0.8.1<ref>{{cite web |title=0.8.1 released |url=https://bitcoin.org/en/release/v0.8.1 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2013 || {{dts|May 29}} || 0.8.2<ref>{{cite web |title=0.8.2 released |url=https://bitcoin.org/en/release/v0.8.2 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2013 || {{dts|June 23}} || 0.8.3<ref>{{cite web |title=0.8.3 released |url=https://bitcoin.org/en/release/v0.8.3 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2013 || {{dts|September 3}} || 0.8.4<ref>{{cite web |title=0.8.4 released |url=https://bitcoin.org/en/release/v0.8.4 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2013 || {{dts|September 13}} || 0.8.5<ref>{{cite web |title=0.8.5 released |url=https://bitcoin.org/en/release/v0.8.5 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2013 || {{dts|December 9}} || 0.8.6<ref>{{cite web |title=0.8.6 released |url=https://bitcoin.org/en/release/v0.8.6 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2014 || {{dts|March 19}} || 0.9.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.9.0 |title= 0.9.0 released |accessdate=June 14, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2014 || {{dts|April 8}} || 0.9.1<ref>{{cite web |title= 0.9.1 released |url=https://bitcoin.org/en/release/v0.9.1 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2014 || {{dts|June 16}} || 0.9.2<ref>{{cite web |title= 0.9.2 released |url=https://bitcoin.org/en/release/v0.9.2 |website=bitcoin.org |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2014 || {{dts|June 19}} || 0.9.2.1<ref>{{cite web |title= 0.9.2.1 released |url=https://bitcoin.org/en/release/v0.9.2.1 |website=bitcoin.or |accessdate=23 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2014 || {{dts|September 27}} || 0.9.3<ref>{{cite web |title= 0.9.3 released |url=https://bitcoin.org/en/release/v0.9.3 |website=bitcoin.org |accessdate=22 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2015 || {{dts|February 16}} || 0.10.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.10.0 |title= 0.10.0 released |accessdate=June 14, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2015 || {{dts|April 27}} || 0.10.1<ref>{{cite web |title= 0.10.1 released |url=https://bitcoin.org/en/release/v0.10.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2015 || {{dts|May 19}} || 0.10.2<ref>{{cite web |title= 0.10.2 released |url=https://bitcoin.org/en/release/v0.10.2 |website=bitcoin.org |accessdate=22 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2015 || {{dts|July 12}} || 0.11.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.11.0 |title= 0.11.0 released |accessdate=June 14, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2015 || {{dts|October 14}} || 0.10.3<ref>{{cite web |title= 0.10.3 released |url=https://bitcoin.org/en/release/v0.10.3 |website=bitcoin.org |accessdate=22 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2015 || {{dts|October 15}} || 0.11.1<ref>{{cite web |title= 0.11.1 released |url=https://bitcoin.org/en/release/v0.11.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2015 || {{dts|November 13}} || 0.11.2<ref>{{cite web |title= 0.11.2 released |url=https://bitcoin.org/en/release/v0.11.2 |website=bitcoin.org |accessdate=22 December 2019}}</ref> |
|- | |- | ||
− | | | + | | 2016 || {{dts|February 23}} || 0.12.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.12.0 |title= 0.12.0 released |accessdate=June 14, 2017}}</ref> |
|- | |- | ||
− | | | + | | 2016 || {{dts|April 15}} || 0.12.1<ref>{{cite web |title= 0.12.1 released |url=https://bitcoin.org/en/release/v0.12.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> |
|- | |- | ||
− | | 2017 || {{dts| | + | | 2016 || {{dts|August 23}} || 0.13.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.13.0 |title= 0.13.0 released |accessdate=June 14, 2017}}</ref> |
+ | |- | ||
+ | | 2016 || {{dts|October 27}} || 0.13.1<ref>{{cite web |title= 0.13.1 released |url=https://bitcoin.org/en/release/v0.13.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2017 || {{dts|January 3}} || 0.13.2<ref>{{cite web |title= 0.13.2 released |url=https://bitcoin.org/en/release/v0.13.2 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2017 || {{dts|March 8}} || 0.14.0<ref>{{cite web |url=https://bitcoin.org/en/release/v0.14.0 |title= 0.14.0 released |accessdate=June 14, 2017}}</ref> | ||
+ | |- | ||
+ | | 2017 || {{dts|April 22}} || 0.14.1<ref>{{cite web |title= 0.14.1 released |url=https://bitcoin.org/en/release/v0.14.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2017 || {{dts|June 17}} || 0.14.2<ref>{{cite web |title= 0.14.2 released |url=https://bitcoin.org/en/release/v0.14.2 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2017 || {{dts|September 14}} || 0.15.0<ref>{{cite web |title= 0.15.0 released |url=https://bitcoin.org/en/release/v0.15.0 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2017 || {{dts|September 19}} || 0.15.0.1<ref>{{cite web |title= 0.15.0.1 released |url=https://bitcoin.org/en/release/v0.15.0.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2017 || {{dts|November 11}} || 0.15.1<ref>{{cite web |title= 0.15.1 released |url=https://bitcoin.org/en/release/v0.15.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2018 || {{dts|February 26}} || 0.16.0<ref>{{cite web |title= 0.16.0 released |url=https://bitcoin.org/en/release/v0.16.0 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2018 || {{dts|June 15}} || 0.16.1<ref>{{cite web |title= 0.16.1 released |url=https://bitcoin.org/en/release/v0.16.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2018 || {{dts|July 29}} || 0.16.2<ref>{{cite web |title= 0.16.2 released |url=https://bitcoin.org/en/release/v0.16.2 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2018 || {{dts|September 28}} || 0.15.2 and 0.14.3<ref>{{cite web |last1= |first1= |title= 0.15.2 released |url=https://bitcoin.org/en/release/v0.15.2 |website=bitcoin.org |accessdate=22 December 2019}}</ref><ref>{{cite web |title= 0.14.3 released |url=https://bitcoin.org/en/release/v0.14.3 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2018 || {{dts|October 9}} || 0.17.0.1<ref>{{cite web |title= 0.17.0.1 released |url=https://bitcoin.org/en/release/v0.17.0.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2018 || {{dts|December 25}} || 0.17.1<ref>{{cite web |title= 0.17.1 released |url=https://bitcoin.org/en/release/v0.17.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2019 || {{dts|May 2}} || 0.18.0<ref>{{cite web |title= 0.18.0 released |url=https://bitcoin.org/en/release/v0.18.0 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2019 || {{dts|August 9}} || 0.18.1<ref>{{cite web |title= 0.18.1 released |url=https://bitcoin.org/en/release/v0.18.1 |website=bitcoin.org |accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2019 || {{dts|October 24}} || 0.19.0.1<ref>{{cite web |title= 0.19.0.1 released |url=https://bitcoin.org/en/release/v0.19.0.1 |website=bitcoin.org|accessdate=22 December 2019}}</ref> | ||
+ | |- | ||
+ | | 2020 || {{dts|March 9}} || 0.19.1<ref>{{cite web |title= 0.19.1 released |url=https://bitcoin.org/en/release/v0.19.1 |website=bitcoin.org |accessdate=28 March 2020}}</ref> | ||
+ | |- | ||
+ | | 2020 || {{dts|June 3}} || 0.20.0<ref>{{cite web |title= 0.20.0 released |url=https://bitcoin.org/en/release/v0.20.0 |website=bitcoin.org |access-date=9 December 2020}}</ref> | ||
+ | |- | ||
+ | | 2020 || {{dts|August 1}} || 0.20.1<ref>{{cite web |title= 0.20.1 released |url=https://bitcoin.org/en/release/v0.20.1 |website=bitcoin.org |access-date=9 December 2020}}</ref> | ||
+ | |- | ||
+ | | 2021 || {{dts|January 14}} || 0.21.0.<ref>{{cite web |title=Bitcoin Core version 0.21.0 released |url=https://bitcoin.org/en/release/v0.21.0 |website=bitcoin.org |access-date=15 February 2021 |language=en}}</ref> | ||
|- | |- | ||
− | |||
|} | |} | ||
Line 276: | Line 906: | ||
{| class="sortable wikitable" | {| class="sortable wikitable" | ||
! Year | ! Year | ||
− | ! bitcoin (Lopp)<ref>{{cite web |url=https://twitter.com/lopp/status/ | + | ! bitcoin (Jameson Lopp)<ref name="news.bitcoin.comf">{{cite web |title=Close to 14,000 Google Scholar Articles Mentioned Bitcoin in 2019 |url=https://news.bitcoin.com/close-to-14000-google-scholar-articles-mentioned-bitcoin-in-2019/ |website=news.bitcoin.com |accessdate=20 March 2020}}</ref><ref>{{cite web |url=https://twitter.com/lopp/status/1209121979288211456?lang=en |title=Jameson Lopp on Twitter |publisher=Twitter |accessdate=19 March 2020}}</ref> |
! blockchain (Lopp)<ref>{{cite web |url=https://twitter.com/lopp/status/810152507125223424 |title=Jameson Lopp on Twitter |publisher=Twitter |accessdate=June 12, 2017}}</ref> | ! blockchain (Lopp)<ref>{{cite web |url=https://twitter.com/lopp/status/810152507125223424 |title=Jameson Lopp on Twitter |publisher=Twitter |accessdate=June 12, 2017}}</ref> | ||
− | ! bitcoin (as of June 12, 2017) | + | ! bitcoin (as of June 12, 2017) |
− | ! blockchain (as of | + | ! blockchain (as of June 12, 2017) |
+ | ! bitcoin (as of March 19, 2020) | ||
+ | ! blockchain (as of March 19, 2020) | ||
+ | |- | ||
+ | | 2009 || 83 || || 97 || 54 || 371 || 415 | ||
+ | |- | ||
+ | | 2010 || 136 || 213 || 84 || 44 || 373 || 510 | ||
|- | |- | ||
− | | | + | | 2011 || 218 || 224 || 252 || 55 || 552 || 489 |
|- | |- | ||
− | | | + | | 2012 || 424 || 311 || 476 || 104 || 817 || 673 |
|- | |- | ||
− | | | + | | 2013 || 868 || 477 || 1,480 || 208 || 2,210 || 867 |
|- | |- | ||
− | | | + | | 2014 || 2,070 || 956 || 3,620 || 640 || 4,440 || 1,490 |
|- | |- | ||
− | | | + | | 2015 || 2,820 || 1,440 || 3,470 || 1,140 || 5,070 || 2,470 |
|- | |- | ||
− | | | + | | 2016 || 3,380 || 2,190 || 4,900 || 2,500 || 6,490 || 5,280 |
|- | |- | ||
− | | | + | | 2017 || 6,460 || || 1,920 || 1,760 || 11,600 || 13,100 |
|- | |- | ||
− | | | + | | 2018 || 11,500 || || || || 20,200 || 33,800 |
+ | |- | ||
+ | | 2019 || 13,700 || || || || 19,500 || 41,000 | ||
|- | |- | ||
− | |||
|} | |} | ||
==GitHub repositories== | ==GitHub repositories== | ||
− | The following table summarizes cumulative repositories on GitHub.<ref>{{cite web |url=https://github.com/search?utf8=%E2%9C%93&q=bitcoin+created%3A%3C2010-01-01&type=Repositories |publisher=GitHub |title=Build software better, together |accessdate=June 12, 2017}} This searches for repositories created before the start of 2010, i.e. cumulative repositories created as of the end of 2009. Change the date parameter to get the other years.</ref> | + | The following table summarizes cumulative repositories on GitHub, showing search results as of March 20, 2020.<ref>{{cite web |url=https://github.com/search?utf8=%E2%9C%93&q=bitcoin+created%3A%3C2010-01-01&type=Repositories |publisher=GitHub |title=Build software better, together |accessdate=June 12, 2017}} This searches for repositories created before the start of 2010, i.e. cumulative repositories created as of the end of 2009. Change the date parameter to get the other years.</ref> |
{| class="sortable wikitable" | {| class="sortable wikitable" | ||
Line 311: | Line 948: | ||
| 2010 || 28 | | 2010 || 28 | ||
|- | |- | ||
− | | 2011 || | + | | 2011 || 360 |
+ | |- | ||
+ | | 2012 || 623 | ||
+ | |- | ||
+ | | 2013 || 2,107 | ||
|- | |- | ||
− | | | + | | 2014 || 4,372 |
|- | |- | ||
− | | | + | | 2015 || 6,606 |
|- | |- | ||
− | | | + | | 2016 || 8,867 |
|- | |- | ||
− | | | + | | 2017 || 16,370 |
+ | |- | ||
+ | | 2018 || 27,129 | ||
+ | |- | ||
+ | | 2019 || 35,371 | ||
|- | |- | ||
− | |||
|} | |} | ||
+ | |||
+ | == Numerical and visual data == | ||
+ | |||
+ | === Mentions on Google Scholar === | ||
+ | |||
+ | The following table summarizes per-year mentions on Google Scholar as of July 31, 2021. | ||
+ | |||
+ | {| class="sortable wikitable" | ||
+ | ! Year | ||
+ | ! Bitcoin | ||
+ | ! Cryptocurrency | ||
+ | ! Blockchain | ||
+ | |- | ||
+ | | 2009 || 434 || 110 || 200 | ||
+ | |- | ||
+ | | 2010 || 482 || 155 || 280 | ||
+ | |- | ||
+ | | 2011 || 721 || 167 || 278 | ||
+ | |- | ||
+ | | 2012 || 927 || 127 || 322 | ||
+ | |- | ||
+ | | 2013 || 2,200 || 228 || 522 | ||
+ | |- | ||
+ | | 2014 || 4,440 || 783 || 1,040 | ||
+ | |- | ||
+ | | 2015 || 5,170 || 1,150 || 1,960 | ||
+ | |- | ||
+ | | 2016 || 6,530 || 1,700 || 5,000 | ||
+ | |- | ||
+ | | 2017 || 12,100 || 4,270 || 13,700 | ||
+ | |- | ||
+ | | 2018 || 22,100 || 12,000 || 41,400 | ||
+ | |- | ||
+ | | 2019 || 23,800 || 14,800 || 56,600 | ||
+ | |- | ||
+ | | 2020 || 22,600 || 15,600 || 58,500 | ||
+ | |- | ||
+ | |} | ||
+ | |||
+ | [[File:Bitcoin google sch.png|thumb|center|700px]] | ||
+ | |||
+ | === Wikipedia pageviews === | ||
+ | |||
+ | The image shows pageviews of the English Wikipedia page {{w|Bitcoin}} on desktop from December 2007, and on mobile-web, desktop-spider, mobile-web-spider and mobile app, from June 2015; to January 2021. | ||
+ | |||
+ | [[File:Bitcoin wv.jpeg|thumb|center|500px]] | ||
+ | |||
+ | === Google Trends === | ||
+ | |||
+ | The comparative chart below shows {{w|Google Trends}} data for Bitcoin (Search term) and Ethereum (Search term) from January 2009 to February 2021, when the screenshot was taken. Interest is also ranked by country and displayed on world map.<ref>{{cite web |title=Bitcoin and Ethereum |url=https://trends.google.com/trends/explore?date=2009-01-01%202021-02-16&q=Bitcoin,Ethereum |website=Google Trends |access-date=18 February 2021}}</ref> | ||
+ | |||
+ | [[File:Bitcoin eth gt.jpeg|thumb|center|800px]] | ||
+ | |||
+ | === Other === | ||
+ | |||
+ | The chart below illustrates the evolution of Bitcoin daily price in United States Dollars, from its earliest value to February 27th 2021.<ref name="Coin Metrics"/> | ||
+ | [[File:BTC price February 28 2021.png|thumb|center|1000px]] | ||
+ | |||
+ | |||
+ | The chart below illustrates the evolution of Bitcoin daily price in US Dollars, up to February 27th 2021, in logarithmic scale.<ref name="Coin Metrics">{{cite web |last1=Metrics |first1=Coin |title=Data File Downloads |url=https://coinmetrics.io/community-network-data/ |website=Coin Metrics |access-date=1 March 2021}}</ref> | ||
+ | [[File:BTC price February 28 2021 log.png|thumb|center|1000px]] | ||
+ | |||
+ | |||
+ | The chart below illustrates the Bitcoin hash rate, which is the measuring unit of the processing power of the Bitcoin network; from January 3rd 2009 to February 27th 2021.<ref name="Coin Metrics">{{cite web |last1=Metrics |first1=Coin |title=Data File Downloads |url=https://coinmetrics.io/community-network-data/ |website=Coin Metrics |access-date=1 March 2021}}</ref> | ||
+ | [[File:Btc hash rate.png|thumb|center|1000px]] | ||
+ | |||
+ | |||
+ | The chart below shows the Bitcoin hash rate evolution in logarithmic scale.<ref name="Coin Metrics"/> | ||
+ | [[File:Btc hash rate February 28 2021 log.png|thumb|center|1000px]] | ||
==Meta information on the timeline== | ==Meta information on the timeline== | ||
Line 329: | Line 1,042: | ||
{{funding info}} is available. | {{funding info}} is available. | ||
+ | |||
+ | ===Feedback and comments=== | ||
+ | |||
+ | Feedback for the timeline can be provided at the following places: | ||
+ | |||
+ | * [https://www.facebook.com/groups/2273667772856708/permalink/2658696471020501/ BITCOIN & CRYPTOCURRENCIES, GREAT BRITAIN] Facebook group | ||
+ | * [https://www.facebook.com/groups/1299924940356627/permalink/1302332333449221 Moneyless Society] Facebook group | ||
+ | * [https://www.facebook.com/groups/bestfaucetsbitcoin/permalink/1544257985756560/ Best Bitcoin Sites] Facebook group | ||
+ | * [https://www.facebook.com/groups/1809175962713695/permalink/2467508663547085/ Bitcoin for beginers] Facebook group | ||
+ | * [https://www.facebook.com/groups/1518727581733252/permalink/2720771438195521/ Bitcoins in Georgia] Facebook group | ||
+ | * [https://www.facebook.com/groups/691124884671032/permalink/1018317001951817/ $$Bitcoin Pakistan $$] Facebook group | ||
+ | * [https://www.facebook.com/groups/BitcoinMinerClub/permalink/975182686330991/ Bitcoin Miners Club] Facebook group | ||
+ | * [https://www.facebook.com/groups/242081739837450/permalink/637876330257987/ Forex, Bitcoin Mining, Affiliate Marketing] Facebook group | ||
+ | * [https://www.facebook.com/groups/1301641599959700/permalink/1977541775703009/ CryptoForUs ICO,Airdrop,IEO,Selfdrop,Alts,Bitcoin] Facebook group | ||
+ | * [https://www.facebook.com/groups/1558952377726927/permalink/2741197002835786/ BITCOIN] Facebook group | ||
+ | * [https://www.facebook.com/groups/134428067202667/permalink/659440944701374/ Bitcoin Cloud Mining Profitable] Facebook group | ||
+ | * [https://www.facebook.com/groups/253347678402901/permalink/854270724977257 Bitcoin Legit Sites] Facebook group | ||
+ | * [https://www.facebook.com/groups/847762571993817/permalink/2723036717799717/ Make Bitcoin easy (BTC Official)] Facebook group | ||
+ | * [https://www.facebook.com/groups/FreeCryptos/permalink/2067864196679294/ FREE BITCOIN & ALTCOINS] Facebook group | ||
+ | * [https://www.facebook.com/groups/920243251324562/permalink/3921737384508452/ Bitcoin ©] Facebook group | ||
+ | * [https://www.facebook.com/groups/bitcoinofficialgroup/permalink/3656613744362438/ Bitcoin Official Group] Facebook group | ||
+ | * [https://www.facebook.com/groups/2017850735128020/permalink/2885701895009562/ Bitcoin Investment Germany] Facebook group | ||
+ | * [https://www.facebook.com/groups/564731546946672/permalink/3238663339553466/ Banks, Currencies, BitCoins, Bullions & Monies] Facebook group | ||
+ | * [https://www.facebook.com/groups/1003484183153172/permalink/1614147278753523/ Bitcoin Global Opportunities] Facebook group | ||
+ | * [https://www.facebook.com/groups/941797925955892/permalink/2143669322435407/ -- BITCOIN - OPPORTUNITIES - NETWORKERS - WORK HOME - ONLINE MONEY --] Facebook group | ||
+ | * [https://www.facebook.com/groups/1472330359750780/permalink/2652153458435125/ BITCOIN JAPAN🇯🇵🇯🇵] Facebook group | ||
+ | * [https://www.facebook.com/groups/1118633294854699/permalink/3541364985914839/ Bitcoin Gold] Facebook group | ||
+ | * [https://www.facebook.com/groups/134428067202667/permalink/659566014688867/ Bitcoin Cloud Mining Profitable] Facebook group | ||
+ | * [https://www.facebook.com/groups/bitcoinlatinamerica/permalink/2730356200400815/ Bitcoin Latinoamerica] Facebook group | ||
===What the timeline is still missing=== | ===What the timeline is still missing=== | ||
+ | |||
+ | * Make sure we have rows for the launch of major publications exclusively or primarily covering Bitcoin and cryptocurrency (Coindesk, Cointelegraph).✔ | ||
+ | * Go through current list of 10-20 top holders of Bitcoin and make sure we have events covering their major acquisitions of Bitcoin.✔ | ||
+ | * Maybe stuff from https://www.coindesk.com/bitcoin-prices-in-2020-heres-what-happened ✔ | ||
+ | * [https://www.cnbc.com/2020/12/17/largest-us-cryptocurrency-exchange-coinbase-files-for-ipo-as-bitcoin-soars-past-23000.html?fbclid=IwAR2anAzS7G3vLNGpV3gs_Y-8bJw7v9WGRDtBAhS9yCONc1wQDLuYzspVVoo] | ||
+ | * TODO Add more events about exchange rate changes | ||
+ | * TODO Add CVEs and other incidents related to security and bad transactions | ||
+ | * TODO silkroad? | ||
+ | * TODO "Historically it was not required to include a fee for every transaction. A large portion of miners would mine transactions with no fee given that they had enough "priority". Today, low priority is mostly used as an indicator for spam transactions and almost all miners expect every transaction to include a fee. Today miners choose which transactions to mine only based on fee-rate." https://en.bitcoin.it/wiki/Transaction_Fee When was this "historical" period? | ||
+ | * TODO Fix Bitcoin/bitcoin capitalization. "Some people differentiate between Bitcoin capitalized, as the token, and bitcoin lowercase, as the network." https://www.nytimes.com/2017/05/15/business/all-about-bitcoin-the-mysterious-digital-currency.html And: 'By the way, I’m using capitalized “Infocoin” to refer to the protocol and general concept, and lowercase “infocoin” to refer to specific denominations of the currency. A similar useage is common, though not universal, in the Bitcoin world.' http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/ And: "There is no uniform convention for bitcoin capitalization. Some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, to refer to the unit of account.[25] The Wall Street Journal,[26] The Chronicle of Higher Education,[27] and the Oxford English Dictionary[24] advocate use of lowercase bitcoin in all cases, which this article follows." https://en.wikipedia.org/wiki/Bitcoin#Etymology_and_orthography | ||
+ | * TODO https://en.wikipedia.org/wiki/LocalBitcoins | ||
+ | * TODO triple-entry accounting, e.g. http://iang.org/papers/triple_entry.html | ||
+ | * [https://www.newscientist.com/article/2273672-bitcoin-mining-emissions-in-china-will-hit-130-million-tonnes-by-2024/?utm_medium=social&utm_campaign=echobox&utm_source=Facebook&fbclid=IwAR1RshEYJFZ9wlilShCeqQ-oIJT0nrUZZ-nag1jDLo358kxEYlNZLxXqP-A#Echobox=1617721621] | ||
===Timeline update strategy=== | ===Timeline update strategy=== | ||
+ | |||
+ | === Pingbacks === | ||
+ | |||
+ | * [https://books.google.com.ar/books?id=TJBDEAAAQBAJ&pg=PT79&lpg=PT79&dq=timelines.issarice&source=bl&ots=hFhjnzC3FI&sig=ACfU3U3F8GKWug6FDK0FDmRFgfbxhgNnLg&hl=en&sa=X&ved=2ahUKEwigls6v1--CAxVpppUCHd1nBCA4HhDoAXoECAIQAw#v=onepage&q=timelines.issarice&f=false ''The Sweet Life with Bitcoin: How I Stopped Worrying about Cryptocurrency and You Should Too!'', by Anthony Scaramucci] Endnote 31 | ||
==See also== | ==See also== | ||
+ | |||
+ | * [[Timeline of Ethereum]] | ||
+ | * [[Timeline of Coinbase]] | ||
+ | * [[Timeline of cryptocurrency and philanthropy]] | ||
+ | * [[Timeline of money transfer]] | ||
==External links== | ==External links== |
Latest revision as of 20:00, 1 December 2023
This is a timeline of Bitcoin, attempting to describe the evolution of the cryptocurrency and its influence around the world. All Bitcoin Core version updates are included.
Contents
Sample questions
The following are some interesting questions that can be answered by reading this timeline:
- What are some significant events prior to the development of Bitcoin?
- Sort the full timeline by "Event type" and look for the group of rows with value "Prelude".
- You will see significant events like early key publications and technologies.
- What are some significant early events related to the development of Bitcoin?
- Sort the full timeline by "Event type" and look for the group of rows with value "Early development".
- You will see early events starting from the first codings by Satoshi Nakamoto.
- How did Bitcoin valuation evolve over time?
- Sort the full timeline by "Event type" and look for the group of rows with value "Valuation".
- See the Visual data section which provides graphs illustrating the valuation of Bitcoin.
- What are some milestone transactions involving Bitcoin?
- Sort the full timeline by "Event type" and look for the group of rows with value "Milestone transaction".
- You will discover some historic events, like two pizzas having been ordered in exchange for 10,000 Bitcoins in 2010.
- What are some Bitcoin acquisitions of historical importance?
- Sort the full timeline by "Event type" and look for the group of rows with value "Notable acquisition"
- You will see sizable and/or early acquisitions by some notable people now commonly associated with the cryptocurrency.
- What are some events describing the adoption of Bitcoin?
- Sort the full timeline by "Event type" and look for the group of rows with value "Currency adoption"
- You will see some notable examples of Bitcoin adoption as a payment method, as well as an investment and medium of exchange.
- What are some notable events related to Bitcoin mining?
- Sort the full timeline by "Event type" and look for the group of rows with value "Mining".
- You will see events related to Bitcoin halving, mining farms, companies specialized in bitcoin mining, and several milestone figures.
- What are some notable organizations related to Bitcoin?
- For Bitcoin exchange, sort the full timeline by "Event type" and look for the group of rows with value "Organization (exchange company)".
- For other organizations, sort the full timeline by "Event type" and look for the group of rows with value "Organization".
- What are the several warnings on the use of Bitcoin issued by national authorities around the world?
- Sort the full timeline by "Event type" and look for the group of rows with value "Official response (warning)".
- You will see events describing declarations by authorities against the use of Bitcoin and cryptocurrencies in general, due to several reasons.
- What are the several regulations of Bitcoin issued by national authorities around the world?
- Sort the full timeline by "Event type" and look for the group of rows with value "Official response (regulation)".
- You will see a diverse list of events related to positive responses by authorities, like the adoption as payment for administrative costs in Switzerland to regulations in other countries aimed at legalizing transactions.
- What are the several negative reactions by national authorities around the world?
- Sort the full timeline by "Event type" and look for the group of rows with value "Official response (negative)".
- You will see mostly events describing non recognitions by authorities to complete bans?
- What are some historic heists and hacks involving Bitcoins?
- Sort the full timeline by "Event type" and look for the group of rows with value "Security".
- You will discover some important heists, like the Mt. Gox hack, Bitcoin's biggest heist to date.
- What are some notable Bitcoin forks?
- Sort the full timeline by "Event type" and look for the group of rows with value "Bitcoin fork".
- You will see a list of major forks.
- What are some important papers, posts, and publications related to Bitcoin?
- Sort the full timeline by "Event type" and look for the group of rows with value "Literature".
- You will see important contributions, including publications by Satoshi Nakamoto.
- What are some events describing web contribution of information on about Bitcoin?
- Sort the full timeline by "Event type" and look for the group of rows with value "Content creation".
- You will mostly see some notable forums on reddit.
- Other events are described under the following types: "Blockchain company", "Broadcasting", "Corporation policy", "Education", "Fraud case", "Legal", "Market capitalization", "Notable case", "Notable people", "Notable prediction", "Research", "Service shutdown", and "Website launch".
Big picture
Summary by year
Time period | Development summary | More details |
---|---|---|
1976–2002 | Background research | The key advances in public-key cryptography, proof-of-work systems, etc., are made during this period. |
2003–2007 | Lull? | (This is the period during which anyone with sufficient knowledge and insight could have invented Bitcoin, but nobody did.) |
2008–2010 | Early days of Bitcoin | Satoshi Nakamoto's white paper is published, the Bitcoin client is released, and some "firsts" take place, like the first trade for fiat money and first trade for a good. Satoshi Nakamoto is still around during this period. |
2011–2012 | Continued development | Satoshi Nakamoto disappears, but Bitcoin growth continues. Silk Road, BitPay, and Coinbase all launch during this period. |
2013 | First crash | The price of one Bitcoin reaches US$1,000 for the first time. Shortly after, the price quickly begins to decline, plummetting to around U$300. It would take more than two years before the price reached $1,000 again.[1] |
2014–2016 | Temporal stall | In January 2014, Mt.Gox, the world’s largest Bitcoin exchange, goes offline, and the owners lose 850,000 Bitcoins.[1] This is considered the biggest Bitcoin heist in history. Quickly the Bitcoin price falls below $1,000 around the time, and would struggle below the key level for a few years.[2] 2014 is characterized by mainstream investors discovering their appetite for bitcoin startups.[3] |
2017 | Mainstream popularity | Bitcoin sees a roughly 20-fold rise since the beginning of the year, growing also exponentially in popularity. Throughout 2017, Bitcoin value would grow from US$900 to almost US$20,000. |
2018 | Bitcoin crash | In January, the Great crypto crash occurs. After an unprecedented boom in 2017, the price of Bitcoin falls by about 65 percent during the month from 6 January to 6 February. In late March, Facebook, Google, and Twitter ban advertisements for initial coin offerings (ICO) and token sales.[4] The price steadily drops all year.[2] By November 15, Bitcoin's market capitalization falls below US$100 billion for the first time since October 2017 and the price of Bitcoin falls to $5,500.[5][6] |
2019 | Resurgence | Bitcoin sees a new resurgence in price and volume, rising to around US$10,000. As of the end of 2019, the price of one Bitcoin is of around US$7,250. |
2020–2021 | New heights | Bitcoin valuation surpasses the 2017 bubble highest value. Increasing institutional adoption is experienced as the first real signs banks, money managers, insurance firms and companies start to embrace fast-growing markets for cryptocurrencies and digital assets.[7] |
Summary by country
Key country | Summary |
---|---|
United States | The United States is home to most of the world's largest Bitcoin companies, as well as most crypto endeavors and activities.[8][9] There is a large number of exchanges, trading platforms, funds, crypto mining facilities, and blockchain-oriented projects.[8] As of February 2019, This country leads with over 2,625 nodes, followed by Germany and France with 2016 and 698 respectively.[10] |
China | As of June 2018, financial institutions are not allowed to facilitate Bitcoin transactions.[11] The country leads in digital trading, and its exchanges have one of the biggest volumes of Bitcoin being traded on a daily basis.[8] |
Japan | As of 2020, Japan is one of the few countries that recognize cryptocurrencies as a legitimate means of payment. The country has one of the most effective regulatory environments in the world related to blockchain technology and virtual currencies. After the United States Dollar, Japan is also the country with the second-largest trading volume against Bitcoin around the world.[8] |
South Korea | South Korea accounts for almost 10% of all the Bitcoin traded around the world, after the United States Dollar and the Japanese Yen. The country hosts a large amount of exchanges and crypto businesses and there is a big interest in trading and using cryptocurrencies among the population.[8] |
Switzerland | Switzerland aims to become a cryptocurrency and blockchain hub. Local regulators have a very open mind towards digital assets.[8] It is possible to pay taxes with Bitcoin in some districts of the country. However, there is currently no form of "state-backed" cryptocurrency.[12] |
Full timeline
Year | Month and date | Event type | Details | Country/location |
---|---|---|---|---|
1976 | Prelude | The first public work on public-key cryptography is published.[13] Public-key cryptography is used in Bitcoin for specifying ownership of coins.[14] | United States | |
1979 | Prelude | The Merkle tree is patented by Ralph Merkle.[13] | United States | |
1991 | Prelude | Haber and Stornetta's paper on linked timestamping is published.[15]:15 | United States | |
1992–1993 | Prelude | A proof-of-work system for email spam is presented.[13] | ||
1997 | March 28 | Prelude | Adam Back proposes Hashcash on the Cypherpunks mailing list.[13][16] | |
1998 | Prelude | Wei Dai's b-money paper is published.[13] | ||
1998 | Prelude | American computer scientist Nick Szabo claims to have had the idea of Bitgold as early as this year. He would only blog about the idea in 2005.[15]:17 | United States | |
1999 | Prelude | Sander and Ta-Shma's anonymous electronic cash system is published. "Satoshi could have integrated some anonymity insights of this approach into Bitcoin, but it is unclear whether he was not aware of this work when he released Bitcoin, whether he was familiar with it but decided not to use these features because of their high computational cost, or whether he consciously decided to leave Bitcoin pseudonymous."[17]:165–167 | ||
2001 | Prelude | SHA-2 is first published.[13] Of the SHA-2 family of hash functions, SHA-256 would be used in Bitcoin for "integrity, block-chaining, and the hashcash cost-function".[14] | ||
2002 | August 1 | Prelude | Adam Back's Hashcash paper is published. This is the paper cited in Satoshi Nakamoto's white paper.[18] The paper also happens to be the most-recently-published reference in Satoshi Nakamoto's white paper.[19] | United Kingdom |
2002 | December 9–10 | Prelude | An entity x posts to the alt.internet.p2p and uk.finance newsgroups an "idea of a future with virtual peer to peer banking". This entity is speculated to be Satoshi Nakamoto.[20][21] | |
2007 | May | Early development | Satoshi Nakamoto claims he starts coding Bitcoin around this time.[15]:18 | |
2008 | August | Early development | Satoshi Nakamoto emails Adam Back, the creator of hashcash, "asking him to look at a short paper describing something called Bitcoin".[22] | |
2008 | August 18 | Early development | The bitcoin.org domain name is registered on this day.[13] |
|
2008 | August 22 | Notable people | Satoshi Nakamoto emails Wei Dai. In the email, Nakamoto links to a "pre-release draft" of the white paper and asks when Dai's b-money paper was published, claiming that he wants to know this so he can cite the paper correctly in his own.[23] | |
2008 | October 3 | Notable people | A version of Satoshi Nakamoto's white paper exists from this day.[23][24] | |
2008 | November 1 | Literature | The first public version of Satoshi Nakamoto's white paper, titled "Bitcoin: A Peer-to-Peer Electronic Cash System", is published.[13][25] Depending on the time zone, this is October 31.[26] | |
2008 | November 9 | Early development | The Bitcoin project is registered on SourceForge.[26][27] | |
2008 | November–December | Notable people | Satoshi Nakamoto sends Hal Finney "an early, beta version [of Bitcoin] for testing". "In test runs in November and December they worked out some of the early kinks."[22] | |
2009 | January 3 | Early development | The Bitcoin genesis block is established.[28][26] | |
2009 | January 12 | Milestone transaction | The first Bitcoin transaction takes place, from Satoshi Nakamoto to Hal Finney.[29] | |
2009 | March 8 | Content creation | The article Bitcoin is created on English Wikipedia.[30] | |
2009 | May | Early development | Martti Malmi emails Satoshi Nakamoto for the first time, expressing willingness to help with Bitcoin development.[22] | |
2009 | August 29 | Content creation | The first revision in the Bitcoin Git repository is made on this day. However this commit is converted from the Subversion revision control system.[13][31] | |
2009 | October 5 | Early development | BTC–USD exchange rates are first posted by NewLibertyStandard, where $1 is worth 1,309.03 BTC.[26] "During 2009 my exchange rate was calculated by dividing $1.00 by the average amount of electricity required to run a computer with high CPU for a year, 1331.5 kWh, multiplied by […] the average residential cost of electricity in the United States for the previous year, $0.1136, divided by 12 months divided by the number of bitcoins generated by my computer over the past 30 days."[32] | |
2009 | October 9–12 | Content creation | The channel #bitcoin-dev is apparently registered on the Freenode IRC network around this time. The two sources documenting this have conflicting dates, neither provides a source, and it's unclear how to tell when a channel was registered.[26][33] Discussion about chat logs would only come almost a year later.[34] | |
2009 | October 12 | Milestone transaction | The first trade of Bitcoin for fiat money takes place. Martti Malmi (Sirius) sells 5,050 BTC to NewLibertyStandard for $5.02.[29][35] | |
2009 | November 22 | Content creation | Bitcoin Talk, a discussion forum about Bitcoin, is created.[36] | |
2009 | December 30 | The first difficulty increase occurs, from 1 to 1.18.[37][38][26] | ||
2010 | February 6 | Organization (exchange company) | An early version of Bitcoin Market begins operating.[39] | |
2010 | March 17 | Organization (exchange company) | BitcoinMarket.com starts operating as the first bitcoin exchange. The price per Bitcoin is of around US$0.003 at the time.[40] | |
2010 | April–May | Mining | Laszlo Hanecz (also "Hanyecz") begins mining bitcoin with a GPU around this time. On May 17 he wins twenty-eight blocks; these wins give him fourteen hundred new coins that day.[22] | United States |
2010 | May 22 | Milestone transaction | Laszlo Hanyecz (laszlo) reports that he has traded 10,000 of his bitcoins for two pizzas ordered by Jeremy Sturdivant (jercos). This transaction is the first documented purchase of a good using bitcoin.[41][42][43] | United States |
2010 | July | Organization (exchange company) | Ross Ulbricht begins the development of Silk Road.[22] | |
2010 | July 11 | Currency adoption | Release of Bitcoin version 0.3 is posted to Slashdot. This is the result of a "campaign to get Bitcoin real press coverage". With the increase in traffic from Slashdot, the Bitcoin website temporarily goes down. Despite "the derogatory comments that showed up under the Slashdot item", this brings in a bunch of new Bitcoin users: "The number of downloads would jump from around three thousand in June to over twenty thousand in July. The day after the Slashdot piece appeared, Gavin Andresen's Bitcoin faucet gave away 5,000 Bitcoins and was running empty."[22][44] | |
2010 | July 18 | Organization (exchange company) | Mt. Gox, a bitcoin exchange founded by Jed McCaleb, is announced.[45][46] McCaleb had heard about Bitcoin from the Slashdot post several days earlier.[22] | |
2010 | July 18 | Mining | ArtForz generates "his first block after establishing his personal OpenCL GPU hash farm". Apparently ArtForz announces this date on Bitcoin Talk, but neither source links to it, and a quick search didn't turn it up.[26][47] | |
2010 | July (late) | Content creation | Martti Malmi launches the non-English Bitcoin forum, in Russian.[22] | |
2010 | September 9 | Content creation | The main Bitcoin subreddit, r/Bitcoin, is created. As of March 28, 2020 it has over 1,3 million members.[48] | |
2010 | October 17 | Content creation | The Freenode IRC channel #bitcoin-otc is established. (Citation gives this date but does not provide a source.)[26] | |
2010 | November 6 | Market capitalization | Bitcoin market capitalization passes $1 million.[26][49] | |
2010 | December 12 | Literature | The last post from the "satoshi" account on Bitcoin Talk is from this day.[50] | |
2010 | December 19 | Notable people | American software developer Gavin Andresen announces that he is stepping in to do "more active project management for bitcoin".[51][52] | United States |
2011 | Physical bitcoin | Casascius coins are first created.[53] | ||
2011 | January 6 | Milestone transaction | First documented payment for work using Bitcoin takes place around this time.[29][54] | |
2011 | February | Exchange company | Silk Road, the first modern darknet market, launches.[55] Silk Road is the first darknet market to use both Tor and Bitcoin escrow. | |
2011 | April 16 | Literature | Jerry Brito's "Online Cash Bitcoin Could Challenge Governments, Banks" is published on Time.[56] Nathaniel Popper calls this "the first mainstream news coverage for Bitcoin".[22] | United States |
2011 | April (late) – May (early) | Notable people | The final emails from Satoshi Nakamoto are from this period.[22] | |
2011 | May | Payment service provider | BitPay, a Bitcoin payment service provider, is founded.[57] | United States |
2011 | May 9 | Physical bitcoin | The launch of Bitbills is announced. Bitbills are the first physical incarnation of bitcoins, coming in plastic cards that contain the cryptographic information.[58][59] | |
2011 | May 20 | Content creation | The subreddit r/btc is created. As of March 28, 2020 it has 289,000 members.[60] | |
2011 | June 1 | Literature | The Gawker piece on Silk Road is published.[61][62] | |
2011 | June 1 | Exchange company | BTCC launches as a bitcoin trading platform that enables its users to buy and sell bitcoins in the native Chinese CNY currency.[63] | |
2011 | June 14 | Notable people | American software developer Gavin Andresen gives a talk on Bitcoin at the CIA.[22][64][65] | United States |
2011 | June 15 | Content creation | The Bitcoin mining subreddit, r/BitcoinMining, is created. As of March 28, 2020 it has 37,300 members.[66] | |
2011 | June 19 | Security | Mt. Gox is hacked, causing the price of bitcoin to drop "from $17 to 1 penny in less than an hour".[22][67] | |
2011 | July 26 | Security | The Polish exchange site Bitomat temporarily goes offline.[68] It would later be announced that the private keys belonging to customers' Bitcoin addresses were accidentally deleted.[22] | Poland |
2011 | July 28 | Exchange company | Kraken launches in the United States.[69][70] | United States |
2011 | July 29 | Service shutdown | The bitcoin wallet service MyBitcoin shuts down. "The founder of the site, a man who called himself Tom Williams, was unresponsive and soon enough all the wallets were frozen."[22][71][72] | |
2011 | July | Security | The operator of Bitomat, the third-largest bitcoin exchange, announces having lost access to his wallet.dat file with about 17,000 bitcoins (roughly equivalent to US$220,000 at that time). He announces that he would sell the service for the missing amount, aiming to use funds from the sale to refund his customers.[73] | |
2011 | August 19 | Early development | The first Bitcoin Improvement Proposal (BIP) is submitted, explaining what a BIP is.[74][75] | |
2011 | August (late) | Conference | The Bitcoin Conference & World Expo NYC 2011, organized by Bruce Wagner of The Bitcoin Show, takes place.[22] | United States |
2011 | August 30 | Organization (exchange company) | Blockchain.com launches.[76][77] | |
2011 | August | Organization (exchange company) | Bitcoin exchange Bitstamp is founded.[78][79] | |
2011 | ? | Notable acquisition | Roger Ver starts investing in Bitcoin shares in this year.[80] | |
2012 | April 24 | Website launch | Satoshi Dice (now called MegaDice), a betting site, is announced on Bitcoin Talk by Erik Voorhees.[81][82] | |
2012 | May 30 | Content creation | The Bitcoin Magazine subreddit, r/BitcoinMagazine, is created. As of March 28, 2020 it has 998 subscribers.[83] | |
2012 | June | Organization (exchange company) | Coinbase, a digital asset exchange company that operates exchanges of Bitcoin (among other digital currencies), is founded.[84][85] | United States |
2012 | June 15 | Organization (exchange company) | LocalBitcoins is founded.[86] | |
2012 | September 27 | Organization | The Bitcoin Foundation is founded.[87][62] | United States |
2012 | November 15 | Milestone transaction | WordPress.com begins accepting bitcoins for the purchase of upgrades.[29][88] | |
2012 | November 23 | Official response (negative) | The Central Bank of Norway releases per ethical guidelines indicating that it does not recognize cryptocurrencies, but it also does not prohibit its staff from owning or investing in them.[11] | Norway |
2012 | November 29 | Mining | The first Bitcoin halving event occurs at block height 210,000.[89] From then on, the amount of new Bitcoins issued every 10 minutes drops from 50 bitcoins to 25.[90] | |
2012 | December | Organization (exchange company) | Cryptocurrency exchange Bitfinex launches.[91] | |
2013 | Mining | The Bitcoin startup 21 is founded as 21e6. The company produces specialized bitcoin mining chips and also works toward the mass adoption of bitcoin by "building bitcoin products for the general public".[92][22] | ||
2013 | January 31 | Mining | The first application-specific integrated circuits (ASICs) designed for Bitcoin mining are shipped.[62] | |
2013 | February 14 | Milestone transaction | The social news aggregation website Reddit begins accepting bitcoins for the purchase of reddit gold (reddit's premium membership).[29][93][94] | |
2013 | February 15 | Content creation | The subreddit r/Jobs4Bitcoins is created. As of March 28, 2020 it has 27,100 members.[95] | |
2013 | March 2 | Organization | CloudHashing is founded. It is a bitcoin mining-as-a-service company offering cloud mining contracts.[96] | |
2013 | March 3 | Conference | A secretive technology conference for "tech-industry power players" takes place. At the conference, Wences Casares introduces or explains Bitcoin to business leaders including Reid Hoffman, Michael Ovitz, and Henry Blodget.[22][97] | |
2013 | March 6 | Content creation | The subreddit r/BitcoinBeginners is created. As of March 28, 2020 it has 83,300 members.[98] | |
2013 | March 12 | Bitcoin fork | An unexpected fork of the Bitcoin blockchain occurs due to a newer version of the Bitcoin client accepting a particular block that older versions of the client reject.[99][100][101] | |
2013 | March 18 | Official response | The Financial Crimes Enforcement Network (FinCEN) releases guidance on using virtual currencies.[102][62] | |
2013 | March 28 | Market capitalization | Bitcoin market capitalization passes $1 billion.[103][26] | |
2013 | April 11 | Content creation | The subreddit r/BitcoinMarkets is created. As of March 28, 2020 it has 148,000 members.[104] | |
2013 | April | Notable acquisition | American entrepreneurs Tyler and Cameron Winklevoss announce having acquired US$11 million worth of Bitcoins.[105][106] | United States |
2013 | May 7 | Currency adoption | Coinbase announces "the largest funding round to date for a Bitcoin startup, a $5 million investment led by Union Square Ventures".[107][62] | |
2013 | May 14 | Legal | The Dwolla account belonging to Mt. Gox is frozen due to a seizure warrant issued by the Department of Homeland Security.[108][109][62] | |
2013 | May 17 | Conference | The first official Bitcoin conference takes place in San Jose.[62] | |
2013 | May | Organization | CoinDesk launches. It is a news site specializing in Bitcoin and digital currencies. | |
2013 | ? | Organization | Independent media platform cointelegraph.com launches.[110][111] |
|
2013 | July 23 | Legal | Trendon T. Shavers is "sued by the Securities and Exchange Commission on Tuesday and accused of running a fund that collected bitcoins from investors, promising them 7 percent weekly returns".[112] | |
2013 | July 30 | Organization | BitGive Foundation is founded.[113] | |
2013 | July | Organization | Bitcoin mining pool Ghash.io starts operating. Within a year, this mining pool would contribute about one-third of the overall hashing power out of the total.[114] | |
2013 | August | Official response (regulation) | The German Finance Ministry characterizes Bitcoin as a unit of account,[115] usable in multilateral clearing circles and subject to capital gains tax if held less than one year.[116] | Germany |
2013 | September 26 | Currency adoption | SecondMarket begins raising money for the Bitcoin Investment Trust, an investment fund holding only bitcoins.[117] | United States |
2013 | September | Notable case | The FBI takes the notorious “dark web drug bazaar” Silk Road and confiscates 144,000 Bitcoins owned by the website operator.[106] | United States |
2013 | September 25 | Organization | Barry Silbert founds Grayscale Bitcoin Trust (BGTC), now considered a traditional investment trust.[80] | United States |
2013 | October 29 | Technology | The first Bitcoin ATM in the world opens in Vancouver, Canada.[118] | Canada |
2013 | November 1 | Literature | The initial version of "Majority is not Enough: Bitcoin Mining is Vulnerable" by Eyal and Sirer is uploaded to the preprint repository arXiv.[119] The paper is announced on the authors' blog on November 4.[120] The paper receives coverage on Vice,[121] Bitcoin Magazine,[122] and Bitcoin Talk.[123][62] | |
2013 | November 18 | Official response (regulation) | United States federal officials indicate at a Senate that digital currency networks offer real benefits for the financial system even as they acknowledge that new forms of digital money have provided avenues for money laundering and illegal activity.[124] | United States |
2013 | November 20 | Milestone transaction | The University of Nicosia in Cyprus becomes the first university to accept payment for tuition in bitcoin.[62][125][126] | Cyprus |
2013 | November | Official response (warning) | The National Bank of Slovakia issues a warning to inform the general public that virtual currencies are not national currencies and that unauthorized currency production constitutes a criminal offense.[11] | Slovakia |
2013 | December 3 | Official response (warning) | Chinese regulators jointly issue a notice warning the public about the risks of bitcoin. The circular defines Bitcoin as “by nature a special virtual commodity,” which “does not have equal legal status as currencies” and “cannot and should not be circulated in the market as a currency.”[11] | China |
2013 | December 19 | Official response (warning) | The Lebanese Central Bank issues a notice to the country’s banks and financial institutions warning them of the dangers of using cybercurrencies, especially bitcoin.[11] | Lebanon |
2013 | December | Official response (warning) | The People’s Bank of China and four other financial regulators issue a joint notice outlining the risks associated with bitcoin. The Chinese Government states that it is not a currency, and prohibits banks and other financial institutes from trading in it. However, it acknowledges the cryptocurrency as a “commodity traded online” and allows the public to buy and sell it as they please, with its only proviso being that they do so at their own risk.[127] | China |
2013 | December | Official response (negative) | The Danish Financial Supervisory Authority issues a statement rejecting the bitcoin as a currency and stating that it will not regulate bitcoin use.[11] | Denmark |
2013 | December | Official response (negative) | The French Central Bank publishes a report stating that bitcoin cannot be considered a real currency or means of payment under current French law.[11] | France |
2013 | December | Official response (warning) | The Norwegian Financial Supervisory Authority issues a warning against cryptocurrencies, comming as a result of warnings on the risk of use of cryptocurrencies by the European Supervisory Authority, ESMA.[11] | Norway |
2014 | January 2 | Official response (negative) | The Central Bank of Malaysia issues a statement saying that “The Bitcoin is not recognized as legal tender in Malaysia. The Central Bank does not regulate the operations of Bitcoin. The public is therefore advised to be cautious of the risks associated with the usage of such digital currency.”[11] | Malaysia |
2014 | January 9 | Milestone transaction | Overstock.com becomes the first major online retailer to accept payments in bitcoin.[128][62] In December 2013 the company had announced that it was preparing to accept bitcoin.[129] | United States |
2014 | January 9 | Organization (exchange company) | BitFlyer is founded in Japan.[130] | Japan |
2014 | January 26 | Legal | Charlie Shrem is arrested. He is accused of using his company, BitInstant, to "knowingly convert money into virtual currency for people interested in buying narcotics on the Silk Road site" and of buying drugs on Silk Road.[131] | United States |
2014 | January | Official response (warning) | The Belgian National Bank and the Financial Services and Markets Authority issue a joint press release warning consumers about the risks of cryptocurrencies.[11] | Belgium |
2014 | February 7 | Security | The Bitcoin exchange Mt. Gox halts all bitcoin withdrawals due to insolvency after an apparently undetected theft that had been occurring since 2011.[132] By the end of the month, Mt. Gox would file for bankruptcy protection.[67] | |
2014 | February 10 | Valuation | A flash crash occurs on the BTC-e exchange.[133] | |
2014 | February 19 | Official response (warning) | The Bank of Israel and several Israeli regulatory agencies issue a statement warning the public against dealing in virtual currencies. The warning lays out the dangers associated with trading in virtual currencies, including fraud, money laundering, and financing of terrorism, among others.[11] | Israel |
2014 | February | Official response (warning) | The Central Bank of Jordan (CBJ) warns the public against the use of Bitcoin.[11] | Jordan |
2014 | March 25 | Official response (regulation) | In its first substantive ruling on cryptocurrencies, the United States Internal Revenue Service states that Bitcoin will be treated as property for tax purposes.[134][135] | United States |
2014 | March | Organization | Xapo is founded by Argentinian entrepreneur Wences Casares. Based in Hong Kong, the company provides a Bitcoin wallet combined with a cold storage vault and a Bitcoin-based debit card.[136][137][138] | |
2014 | May 15 | Security | The DOS Stoned incident occurs, when the signature of the Stoned virus is inserted into the Bitcoin blockchain, causing Microsoft Security Essentials to recognize copies of the blockchain as the virus, prompting it to remove the file in question, and subsequently forcing the node to reload the block chain from that point, continuing the cycle.[139][140].[141] | |
2014 | June 30 | Notable acquisition | American venture capitalist Timothy Draper buys 30,000 bitcoins at a value of US$19.4 million (price per coin: $647).[142] | United States |
2014 | August 11 | Official response (negative) | The United States Consumer Financial Protection Bureau begins taking complaints about Bitcoin.[143][144] | United States |
2014 | August | Technology | The Bitcoin blockchain file size, containing records of all transactions that have occurred on the network, reaches 20GB (gigabytes).[145] | |
2014 | August | Official response (negative) | The Central Bank of Iceland announces that bitcoin is not a recognized currency and even if it was, purchases of bitcoins would still be illegal as such purchases would violate the foreign transactions restrictions in place.[11] | Iceland |
2014 | August | Organization (exchange company) | Bitcoin wallet and exchange service Coincheck launches.[146] | Japan |
2014 | June | Official response (regulation) | Canadian law is enacted as the world’s first national law on digital currencies, and the world’s first treatment in law of digital currency financial transactions under national anti-money laundering law. The new law treats virtual currencies, including Bitcoin, as “money service businesses” for the purposes of the anti-money laundering law.[11] | Canada |
2014 | September 18 | Research | Coin Center, a non-profit group focused on cryptocurrency research and advocacy, is established.[147] | |
2014 | September 23 | Notable prediction | Tim Draper predicts that 1 Bitcoin share would reach 10,000 dollars by 2017. His prediction would come true and on 29 November 2017 the price of a Bitcoin share would cross 10,000 U.S dollars.[80] | |
2014 | October 2 | Official response (warning) | The National Bank of Serbia makes announcement clarifying that “anyone investing in Bitcoins or engaging in any other activity involving virtual currencies shall do so at their own liability, bearing all financial risks and risks in terms of noncompliance with regulations governing foreign exchange operations, taxation, trade, etc.”[11] | Serbia |
2014 | October 10 | Education | American documentary film The Rise and Rise of Bitcoin is released. The film interviews multiple companies and people that have played important roles in the expansion of Bitcoin.[148][149] | United States |
2014 | November | Official response (warning) | The Central Bank of Montenegro issues a warning saying that individuals may own Bitcoins at their own risk, although virtual currencies are not legal tender in the country.[11] | Montenegro |
2014 | December 9 | Notable acquisition | SecondMarkets, an exchange started by Barry Silbert, buys 48,000 bitcoins at a value of US$18.1 million (price per coin: $378).[142] | United States |
2014 | December | Official response (negative) | The South African Reserve Bank (SARB) issues a position paper on virtual currencies stating that only the SARB may issue legal tender and that decentralized convertible virtual currencies (DCVCs), including Bitcoin and Litecoin, are not legal tender in South Africa.[11] | South Africa |
2014 | December | Literature | Greek-British Bitcoin advocate Andreas Antonopoulos publishes Mastering Bitcoin: Unlocking Digital Cryptocurrencies, which treats about decentralized digital money.[150] | United Kingdom |
2014 | December | Notable acquisition | American entrepreneur Barry Silbert acquires 48,000 Bitcoins at an auction.[106][151] | United States |
2015 | February | Technology | Joseph Poon and Thaddeus Dryja publish a draft of the Lightning Network white paper.[152][153] | |
2015 | June 4 | Official response (negative) | Coinbase suspends operations in Wyoming due to a regulatory legislation.[154] | |
2015 | August 8 | Official response (regulation) | The BitLicense, a business license for virtual currency activities, comes into effect in New York. The regulation causes numerous Bitcoin companies to suspend operations in New York.[155] | United States |
2015 | August 15 | Bitcoin fork | Bitcoin XT is initially released.[156] | |
2015 | October 8 | Exchange company | Gemini, the digital currency exchange started by the Winklevoss twins, begins trading.[157] | |
2015 | October 22 | Official response (regulation) | The European Court of Justice states that transactions to exchange a traditional currency for bitcoin or other virtual currencies and vice versa constitute the supply of services for consideration, but fall under the exemption from value-added tax (VAT). Buying or selling bitcoin is therefore exempt from VAT in all EU Member States.[11] | European Union |
2015 | October | Blockchain company | Bitwala is founded in Germany as a blockchain banking service.[158] | Germany |
2015 | December 16 | Official response (regulation) | A working group under the Financial System Council in Japan compiles a draft proposal on regulations for virtual currencies that are traded on the Internet.[159] | Japan |
2015 | December | Bitcoin fork | Bitcoin Unlimited is created, giving users the freedom to choose their preferred block size and find the limit with a majority consensus. This allows them to track the largest proof-of-work, irrespective of its block size.[160] | |
2015 | December | Official response (negative) | The Central Bank of Kenya issues a public notice stating that virtual currencies are not legal tender and remain unregulated in Kenya, which means that “no protection exists in the event that the platform that exchanges or holds the virtual currency fails or goes out of business.”[11] | Kenya |
2016 | February 10 | Bitcoin fork | Bitcoin Classic is released.[161][162][163] | |
2016 | June 11 | Market capitalization | Bitcoin market capitalization reaches US$ 10 billion.[164] | |
2016 | July 10 | Mining | The second Bitcoin halving event occurs at block height 420,000.[89] The amount of new Bitcoins issued every 10 minutes drops from 25 bitcoins to 12.5.[90] | |
2016 | August 2 | Security | The Bitfinex hack is first announced.[165] | |
2016 | September | Official response (regulation) | A Ministerial Resolution in Italy addresses aspects of the tax treatment of bitcoin and other cybercurrencies, and holds that the value added tax (VAT) does not apply to transactions in which cybercurrencies are exchanged for traditional currencies or vice versa.[11] | Italy |
2016 | September 28 | Official response (warning) | The National Bank of Macedonia issues a warning against cryptocurrencies, and reminds Macedonian residents that they are not allowed to have bank accounts or securities abroad, with certain exceptions, and therefore, investments by residents in cryptocurrencies are also not allowed.[11] | Macedonia |
2016 | November 17 | Official response (regulation) | The United States Internal Revenue Service sends a request (a John Doe summons) to Coinbase "asking for the records of all customers who bought virtual currency from the company from 2013 to 2015".[166] | United States |
2016 | December 20 | Official response (warning) | The Hungarian National Bank warns consumers that using virtual currencies have many risks as they operate in a legally unregulated virtual system and there are no proper rules on liability, guarantee, and compensation that would protect the interests of consumers in the event of abuse.[11] | Hungary |
2016 | December | Literature | The inaugural issue of Ledger, the first peer-reviewed academic journal dedicated to cryptocurrencies and blockchain technologies, is published.[167] | |
2016 | December | Literature | Ledger is first issued as the first peer-reviewed academic journal dedicated to cryptocurrency and blockchain technology research.[168] | |
2017 | January 1 | Official response (regulation) | As of the start of 2017, thirteen US states have "clearly defined positions and/or regulations in regards to the blockchain and digital currency industry".[169] | United States |
2017 | January | Official response (negative) | The Central Bank of the United Arab Emirates prohibits all transactions in “virtual currencies”, including cryptocurrencies.[11] | United Arab Emirates |
2017 | February 27 | Service shutdown | Coinbase announces that it will stop serving customers in Hawaii due to a regulatory change that requires the company to "hold cash reserves equal to any digital currency-denominated funds held for its customers".[170] | United States |
2017 | February | Official response (warning) | The Bank of Uganda warns against the use of cryptocurrencies in general and the services of an unlicensed entity called One Coin Digital Money, citing the absence of investor protection schemes and relevant regulatory mechanisms.[11] | Uganda |
2017 | March 10 | Official response (regulation) | The United States Securities and Exchange Commission rejects the Winklevoss twins' application for an exchange-traded fund tied to the price of Bitcoin.[171][172] | United States |
2017 | April | Service shutdown | The cryptocurrency exchange Poloniex announces it is suspending services in Washington State.[173] | United States |
2017 | April 1 | Official response (regulation) | A Japanese law that brings bitcoin exchanges under anti-money laundering and know your customer rules as well as recognizing bitcoin as a form of prepaid payment instrument comes into effect.[174][175] | Japan |
2017 | May 17 | Official response (negative) | The State Bank of Pakistan states that it does not recognize digital currencies.[11] | Pakistan |
2017 | May | Notable case | The Bulgarian Government manages to confiscate 213,519 bitcoins (enough to pay off a quarter of the country’s national debt), during a standard police action cracking on some local cyber criminals who were to blame for making a ransom virus.[106][176][177] | Bulgaria |
2017 | June 13 | Organization (exchange company) | Gemini, the digital currency exchange started by the Winklevoss twins, begins operating in Washington State after it is granted a license to do so.[178] | United States |
2017 | June | Research | The People's Bank of China establishes a research institute dedicated to digital currencies.[127][179] | China |
2017 | June | Official response (warning) | The Financial Superintendency of Colombia warns that bitcoin is not currency in Colombia and therefore may not be considered legal tender susceptible of cancelling debts.[11] | Colombia |
2017 | July 1 | Organization (exchange company) | Cryptocurrency exchange Binance is founded.[180] | China |
2017 | July 4 | Official response (warning) | The Saudi Arabian Monetary Agency issues a warning against bitcoin because it is not being monitored or supported by any legitimate financial authority.[11] | Saudi Arabia |
2017 | July 7 | Official response (warning) | The Polish National Bank and the Financial Supervision Commission jointly issue a warning against investing in virtual currencies, citing price volatility and the risk of fraud.[11] | Poland |
2017 | July 13 | Official response (negative) | The Bank of Albania declares that the legal and regulatory framework in place do not envisage carrying out operations with cryptocurrency in Albania and users are exposed to certain risks.[11] | Albania |
2017 | July 20 | Bitcoin Improvement Proposal 91, to trigger Segregated Witness (SegWit) activation, is locked in.[181] | ||
2017 | July | Official response (negative) | The Central Bank of Chile states that virtual currencies have no specific legal recognition in the country and trade and transactions involving cryptocurrency are not subject to the regulation or supervision of the monetary authority.[11] | Chile |
2017 | August 1 | Bitcoin fork | A hard fork of bitcoin known as Bitcoin Cash occurs on this day.[182] | |
2017 | August 1 | Official response (regulation) | The Monetary Authority of Singapore (MAS) issues a statement clarifying that the offer or issue of digital tokens in Singapore will be regulated by the MAS, if the digital tokens fall within the definition of “securities” regulated under the security laws.[11] | Singapore |
2017 | August 2 | Valuation | Bitcoin cash is already the third most valuable cryptocurrency –with a market value of US$7.6 billion, after Bitcoin (US$44.4 billion MV) and Ethereum (US$21 billion MV).[183] | |
2017 | August 4 | Valuation | Bitcoin reaches record high valuation of US$3,000 per coin.[184] | |
2017 | August 13 | Valuation | Bitcoin breaks the US$4,000 mark.[185] | |
2017 | August 13 | Official response (negative) | The Nepal Rastra Bank issues a notice that “all transactions related to or regarding bitcoins are illegal.”[11] | Nepal |
2017 | August 15 | Broadcasting | Blockstream, a Bitcoin software company, announces the launch of its Blockstream Satellite network, aimed at broadcasting bitcoin to people just about anywhere in the world irrespective of their internet connection — for free. The launch is expected to make the cryptocurrency more accessible to almost anyone, even in places where data costs are high and living standards and incomes are low.[186][187][188][189][190] | |
2017 | August 17 | Official response (regulation) | Australia announces plan to strengthen its anti-money laundering laws and regulate digital currencies such as Bitcoin, following a similar move by Japan.[191][192][193] | Australia |
2017 | August | Official response (negative) | The Central Bank of Swaziland issues a press release noting that cryptocurrency does not enjoy legal-tender status in Swaziland.[11] | Swaziland |
2017 | September 2 | Valuation | Bitcoin's price rises above US$5,000 for the first time.[194][195] | |
2017 | September 4 | Official response (negative) | Chinese government regulators issues the Announcement on Preventing Financial Risks from Initial Coin Offerings, which bans initial coin offerings (ICOs) in China.[11] | China |
2017 | September 8 | Official response (regulation) | Russia’s Finance Minister Anton Siluanov announces plan to regulate the circulation of bitcoin and other crypto-currencies involving Russian citizens and firms.[196][197][198] | Russia |
2017 | September 27 | Official response (warning) | The Monetary Authority of Macau (AMCM) issues a statement warning the financial industry and the public about the risks of virtual commodities and tokens. AMCM states: “Any trading of these commodities involves considerable risks, including but not limited to those relating to money laundering and terrorism financing, against which all participants should remain vigilant.”[11] | Macau |
2017 | September 27 | Notable acquisition | Tim Draper buys 2000 Bitcoin shares at a price of US$ 400,000.[80] | United States |
2017 | September 29 | Official response (regulation) | Japan's Financial Services Agency (FSA) issues operating licenses to 11 Bitcoin exchanges.[199][200] | Japan |
2017 | September | Official response (negative) | The Bank of Namibia issues a position paper noting that virtual currencies are not considered legal tender and are currently unregulated in the country.[11] | Namibia |
2017 | September | Official response (negative) | The Central Bank of Uzbekistan expresses the opinion that it is not advisable to allow operations with cryptocurrencies because of the possibility of terrorism financing and other criminal activities.[11] | Uzbekistan |
2017 | October 11 | Official response (negative) | The Central Bank of Russia announces it would support moves to block websites dealing in bitcoin and other virtual currencies, amidst declarations of President Vladimir Putin denouncing the cryptocurrency as risky and used by criminals.[201][202] | Russia |
2017 | October 11 | Official response (negative) | The Bank of Lithuania states that financial services must be clearly dissociated from activities related to virtual currencies and that financial market participants should not provide services associated with virtual currencies.[11] | Lithuania |
2017 | October 16 | Milestone transaction | IBM and a network of banks begin using digital currency and blockchain software to move money across borders throughout the South Pacific.[203] | |
2017 | October 20 | Valuation | Bitcoin breaks above US$6,000.[204][205] | |
2017 | October 30 | Official response (negative) | The State Bank of Vietnam issues a decree determining that Bitcoin and other virtual currencies are not legal means of payment.[11] | Vietnam |
2017 | October | Market capitalization | Bitcoin market capitalization reaches US$100 billion.[206] | |
2017 | October 24 | Organization (exchange company) | Upbit launches in South Korea.[207][208][209] | |
2017 | October | Official response (warning) | The Central Bank of Costa Rica issues a statement warning about the risks associated with the acquisition of cryptocurrencies with the intention of using them either as financial savings or as a means of payment in Costa Rica.[11] | Costa Rica |
2017 | October | Official response (regulation) | The Central Bank of Kyrgyzstan states that it does not consider introducing any prohibitive or restrictive measures regarding the mining of cryptocurrency.[11] | Kyrgyzstan |
2017 | November 2 | Valuation | Bitcoin surpasses the US$7,000 mark for the first time.[210][211][212] | |
2017 | November 2 | Official response (regulation) | The Commercial Register Office in the Swiss Canton of Zug starts accepting Bitcoin and Ethereum as payment for administrative costs.[11] | Switzerland |
2017 | November 12 | Bitcoin fork | Bitcoin Gold is launched as the second project to fork away from the Bitcoin blockchain to create a new coin in the year.[213][214][215][216] | |
2017 | November 16 | Official response (warning) | The Brazilian Federal Reserve Bank issues a notice alerting citizens to the risks arising from the custody and trading operations of virtual currencies.[11] | Brazil |
2017 | November 27 | Official response (regulation) | Estonia enacts amendments to its anti-money laundering legislation that define cryptocurrencies as value represented in digital form that is digitally transferable, preservable, or tradable and that natural persons or legal persons accept as a payment instrument, but that is not the legal tender of any country or funds (banknotes or coins, scriptural money held by banks, or electronic money).[11] | Estonia |
2017 | November 29 | Valuation | Bitcoin value reaches US$10,000 for the first time, a more than 10-fold increase in value over the course of the year.[217][218][219] | |
2017 | November 30 | Official response (regulation) | The financial regulators of Ukraine issue a joint statement declaring that cryptocurrencies cannot be classified as money, foreign currency, a means of payment, electronic money, securities, or a money surrogate.[11] | Ukraine |
2017 | November | Official response (regulation) | Latvia introduces monitoring requirements for virtual currency service providers, including providers of virtual currency exchange services. Virtual currency is defined as the digital representation of a value that may be digitally transmitted, stored, or traded, and acts as an exchange instrument without being legal tender.[11] | Latvia |
2017 | November | Official response (warning) | The Finnish Financial Supervisory Authority issues an advisory that cryptocurrencies are risk-filled investment alternatives.[11] | Finland |
2017 | November | Official response (warning) | The Central Bank of Lesotho issues a press statement warning the public of the risks associated with the use of cryptocurrencies, given the fact that the Bank “does not oversee, supervise or regulate the cryptocurrencies, their systems, promoters or intermediaries.”[11] | Lesotho |
2017 | December 1 | Official response (regulation) | Unites States regulator Commodity Futures Trading Commission (CFTC) announces it would let the Chicago Mercantile Exchange and Chicago Board Options Exchange trade in Bitcoin-related financial contracts. The news would render Bitcoin valuation rise further.[220][221][222][223] | United States |
2017 | December 3 | Official response (negative) | The Iraqi Central Bank prohibits the use of cryptocurrencies, stating that currency traders who carry out transactions in cryptocurrencies will be punished by penalties cited in the country’s anti-money laundering law.[11] | Iraq |
2017 | December 5 | Official response (negative) | The National Bank of Cambodia states that activities of a handful of companies operating in Cambodia that try to persuade people to use cryptocurrencies for everyday purchases and other financial transactions are “not legal as digital currencies are not issued or backed up by any government.”[11] | Cambodia |
2017 | December 7 | Mining | The 16 millionth Bitcoin is mined, with 5 million remaining.[224] | |
2017 | December 17 | Valuation | CoinDesk Bitcoin price index reaches an all-time high of $19,783.21.[225][226][227][228][229] | |
2017 | December 18 | Official response (negative) | The Croatia’s Financial Stability Council warns that individuals investing in virtual currencies bear sole responsibility for their losses and should be aware of possible taxation.[11] | Croatia |
2017 | December 18 | Official response (negative) | Kuwait’s Ministry of Finance announces it does not recognize cryptocurrencies for purposes of official commercial transactions.[11] | Kuwait |
2017 | December 19 | Official response (warning) | The Taiwanese Financial Supervisory Commission (FSC) issues a statement warning the general public about the risks of investing in virtual commodities such as Bitcoin.[11] | Taiwan |
2017 | December 20 | Official response (negative) | The National Bank of Georgia confirms that cryptocurrency is not legal tender in Georgia and is not regulated by Georgian law.[11] | Georgia |
2017 | December 22 | Official response (negative) | The Central Bank of Brunei releases a statement reminding the public that “cryptocurrencies are not legal tender in Brunei Darussalam and are not regulated” and advising the public “to be vigilant and exercise extreme caution when dealing with such currencies that are privately issued.”[11] | Brunei |
2017 | December 24 | Official response (negative) | The Bangladesh Bank issues a cautionary notice declaring that cryptocurrencies are illegal in Bangladesh.[11] | Bangladesh |
2017 | December 28 | Official response (regulation) | South Korea’s government announces imposition of additional measures to regulate speculation in cryptocurrency trading within the country. This would unleash a negative impact on Bitcoin's valuation across the globe.[230][231] | South Korea |
2017 | December | Organization | Pineapple Fund is founded as a philanthropic project by an anonymous individual which gives away 5,057 Bitcoins to 60 charities. The amount is valued at US$86 million in December 2017.[232][233][234][235] | |
2017 | December | Official response (negative) | The acting President of the Bank of Guatemala confirms that both Bitcoin and other types of cryptocurrencies are not legal tender in the country and do not have regulatory backing.[11] | Guatemala |
2017 | December 27 | Official response (negative) | Algeria issues law prohibiting the use of any cryptocurrencies.[11] | Algeria |
2017 | December 29 | Official response (regulation) | Argentina issues amendment to its income tax law providing that the profit derived from the sale of digital currency will be considered income and taxed as such.[11] | Argentina |
2017 | December | Official response (warning) | The Central Bank of Oman declares that there are no policies or guidelines to regulate “digital currencies” or “cryptocurrencies”, and urges citizens to be cautious when dealing with cryptocurrencies, asserting that the Central Bank is not responsible for any financial consequences stemming from dealings in cryptocurrencies.[11] | Oman |
2017 | December | Official response (negative) | The Reserve Bank of Zimbabwe notes that virtual currencies are not legal tender in Zimbabwe and remain unregulated.[11] | Zimbabwe |
2018 | January 1 | Official response (regulation) | The municipality of Chiasso, in the Swiss Canton of Ticino, starts accepting Bitcoin as tax payments for amounts of up to CHF250 (around US$263).[11] | Switzerland |
2018 | January 7 | Official response (negative) | The governor of the Central Bank of Bahrain issues a warning against cryptocurrencies, especially Bitcoin.[11] | Bahrain |
2018 | January 8 | Official response (warning) | The Mozambican Federal Reserve Bank issues a notice informing citizens that it does not regulate or supervise any activity or transaction carried out through Bitcoins and is not responsible for any impacts of transactions related to Bitcoin.[11] | Mozambique |
2018 | January 9 | Official response (negative) | The Central Bank of Bosnia and Herzegovina announces that the convertible mark (the currency of Bosnia and Herzegovina) is the only legal means of payment in the country, and it is not possible to exchange Bitcoins and other cryptocurrencies for convertible mark.[11] | Bosnia and Herzegovina |
2018 | January 10 | Official response (negative) | The Central Bank of Egypt issues a warning against the trading of cryptocurrencies, such as Bitcoin, due to the extremely high risk associated with such currencies.[11] | Egypt |
2018 | January 11 | Official response (regulation) | The Inland Revenue Department os New Zelaland indicates that people should “treat money made buying and selling cryptocurrencies in the same, or similar, way they would money made buying and selling gold. That is, pay tax on the profit made by selling a currency, only if that currency was bought with the intention of resale.”[11] | New Zealand |
2018 | January 12 | Valuation | Amidst rumors that South Korea could be preparing to ban trading in cryptocurrency, the price of Bitcoin depreciates by 12 percent.[236][237] | |
2018 | January 13 | Official response (warning) | The Bank Indonesia releases a statement that warns against buying, selling, or otherwise trading in virtual currencies.[11] | Indonesia |
2018 | January 15 | Official response (warning) | The National Bank of Tajikistan issues a statement warning the citizens about the risks associated with the use of cryptocurrency. The Bank clarifies that in Tajikistan cryptocurrency cannot be considered an official means of exchange or savings, or a unit of account.[11] | Tajikistan |
2018 | January 16 | Service shutdown | Bitconnect announces it would shut down its cryptocurrency exchange and lending operation after regulators from Texas and North Carolina issue a cease and desist order against it as it was suspected of being fraudulent.[238][239][240] | |
2018 | January 17 | Valuation | Bitcoin price falls to as low as $9,199.59, half its peak price, falling almost 19 percent within 24 hours, after Chinese authorities say they will strengthen a ban put in place late in 2017 to prevent its citizens from using cryptocurrency exchanges.[241][242][243][244][245] | |
2018 | January 17 | Official response (regulation) | The head of Kyrgyzstan’s National Bank, Tolkunbek Abdygulov, states that the Bank does not plan to impede the development of the cryptocurrency market in Kyrgyzstan, noting that it is very difficult to ban something that the Central Bank does not issue and that citizens of Kyrgyzstan investing in cryptocurrency do so at their own risk and peril.[11] | Kyrgyzstan |
2018 | January 18 | Official response (negative) | The Bank of Slovenia warns citizens that virtual currencies are not a digital replacement for banknotes and coins, and are not regulated.[11] | Slovenia |
2018 | January 24 | Official response (regulation) | Polish Prime Minister Mateusz Morawiecki states that Poland will either ban cryptocurrency or introduce regulations to ensure that it does not turn into a pyramid scheme.[11] | Poland |
2018 | January 26 | Security | Coincheck, Japan's largest cryptocurrency OTC market, is hacked. US$530 million of the NEM are stolen, and the loss is the largest ever by an incident of theft, which causes Coincheck to indefinitely suspend trading.[246] | Japan |
2018 | January 30 | Official response (regulation) | The South Korean government implements a rule that allows trades in cryptocurrencies only from real-name bank accounts.[11] | South Korea |
2018 | January 31 | Mining | Within its semiconductor business called Foundry, Samsung starts mass producing Bitcoin mining chips in partnership with an unidentified Chinese mining company.[247][248][249][250][251] | |
2018 | January 31 | Official response (warning) | The Central Bank of Kosovo issues warning about the use of cryptocurrencies reminding persons that virtual money is not recognized as legal tender and that financial losses may result from investing in cryptocurrencies.[11] | Kozovo |
2018 | January 31 | Official response (regulation) | In the self-proclaimed republic of Transnistria, a law is passed legalizing mining activities. It provides for creation of free economic zones for mining purposes. The authorities promise exemption from taxes, duty-free import and export of mining equipment, and assistance with energy supply.[11] | Moldova |
2018 | January 31 | Corporation policy | Facebook bans people entirely from advertising Bitcoin and other cryptocurrencies amid fears they are used for fraud.[252][253][254][255] | |
2018 | January | Official response (negative) | The Honduran Central Bank issues a statement declaring that cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and other similar cryptocurrencies do not have the backing of the Central Bank of Honduras.[11] | Honduras |
2018 | January | Official response (negative) | The Central Bank of Ecuador states that Bitcoin is not an authorized payment method in this country.[11] | Ecuador |
2018 | January | Official response (warning) | The Central Bank of the Netherlands publishes a position paper on cryptocurrencies and initial coin offerings in which it highlights that cryptocurrencies “do not currently fulfill the role of money—in fact, they are hardly ever used for payment, and they are not a universally accepted and stable medium of exchange, a suitable unit of account or a reliable store of value. Accordingly, they do not have any implications in terms of monetary policy.”[11] | Netherlands |
2018 | January | Official response (negative) | The Bank of Ghana advises to banks and the general public against the use of “virtual or digital currencies, also known as cryptocurrencies,” mainly because such currencies and the entities that facilitate their transactions are not sanctioned by the government.[11] | Ghana |
2018 | January | Official response (negative) | The government of India states that cryptocurrencies such as Bitcoin are not legal tender in the country.[11] | India |
2018 | February 5 | Official response (warning) | The Bank of Jamaica warns the public to “exercise caution in the use of virtual currencies given the associated risks and the absence of appropriate governance and consumer protection arrangements”.[11] | Jamaica |
2018 | February 6 | Official response (warning) | Romania’s National Bank announces that it discourages any involvement of local credit institutions in the cryptocurrency sector because of reputational risks.[11] | Romania |
2018 | February 9 | Official response (warning) | Hong Kong’s Securities and Futures Commission (SFC) alerts investors to the potential risks of dealing with cryptocurrency exchanges and investing in initial coin offerings.[11] | Hong Kong |
2018 | February 12 | Official response (warning) | The Central Bank of Azerbaijan states that cryptocurrency is a very volatile instrument and urges the population to be more careful in dealing with cryptocurrencies.[11] | Azerbaijan |
2018 | February 12 | Official response (warning) | The Bank of Thailand issues a circular asking financial institutions to refrain from doing any business involving cryptocurrencies.[11] | Thailand |
2018 | February 14 | Official response (warning) | The National Bank of Bulgaria announces that it joins the position of the European supervisory authorities on the risks inherent in buying virtual currencies, and notes that such currencies show extreme price volatility and signs of a pricing bubble.[11] | Bulgaria |
2018 | February 15 | Official response (warning) | The National Bank of Moldova issues a statement recommending that citizens be as cautious as possible in deciding whether to invest in crypto-assets, given the technical characteristics of cryptocurrency, its high volatility, and the absence of any regulation that would protect investors.[11] | Moldova |
2018 | February | Mining | Several scientists working at a top-secret Russian nuclear warhead facility are arrested for allegedly using one of the country's most powerful supercomputers to mine Bitcoins.[256][257][258] | |
2018 | February | Official response (regulation) | The Israeli government confirms that it would treat bitcoin and other cryptocurrencies as a kind of property instead of currency, making it therefore taxable as such.[259] | Israel |
2018 | February | Corporation policy | Payment processors Visa and Mastercard re-classifiy bitcoin purchases viewing them as “cash advances,” a category that brings an additional 5% fee to those virtual currency purchases on credit cards.[260] | |
2018 | February | Official response (regulation) | The German Federal Ministry of Finance publishes guidance on valueadded-tax (VAT) treatment of Bitcoin and other virtual currencies, and determines that transactions to exchange a traditional currency for Bitcoin or other virtual currencies and vice versa constitute the taxable supply of other services for consideration, but fall under the exemption from VAT.[11] | Germany |
2018 | February | Official response (negative) | The National Securities Commission of Spain and the Bank of Spain issue a joint statement regarding the use of Bitcoin, noting that cryptocurrency is not issued, registered, authorized, or verified by any regulatory agency in the country.[11] | Spain |
2018 | February | Official response (negative) | The Qatar Central Bank warns citizens against trading in Bitcoin. The circular issued by the bank describes Bitcoin as illegal and unsupported by any central bank or government.[11] | Qatar |
2018 | February | Official response (warning) | The Zambia Securities and Exchange Commission urges “any individuals or entities that are currently investing in or intend to invest in cryptocurrencies and related products/assets to exercise restraint and caution as they do so as the products/assets are largely unregulated and not subject to the jurisdiction of the Commission.”[11] | Zambia |
2018 | March 1 | Official response (negative) | The government of Armenia publishes a document stating that adoption of a proposed law on cryptocurrencies is not advisable given that the majority of the leading countries urge people to refrain from operations with cryptocurrencies.[11] | Armenia |
2018 | March 14 | Corporation policy | Google announces ban of all adverts for cryptocurrencies, including Bitcoin and initial coin offerings (ICOs), as it seeks to “tackle emerging threats”. Bitcoin valuation briefly falls below US$8,000 after the announcement.[261][262][263][264] | |
2018 | March 20 | Official response (regulation) | Russia introduces bill defining “mining” as activities aimed at the creation of cryptocurrency with the purpose of receiving compensation in the form of cryptocurrency. Treated as an entrepreneurial activity, mining is subject to taxation if the miner exceeds the energy consumption limits established by the government for three months in a row.[11] | Russia |
2018 | March 23 | Official response (regulation) | The Ministry of Finance of Slovakia publishes guidance explaining that revenues stemming from cryptocurrencies must be taxed, and that any type of exchange (including virtual currency) must be considered to be a taxable transfer.[11] | Slovakia |
2018 | March 23 | Literature | Saifedean Ammous publishes The Bitcoin Standard: The Decentralized Alternative to Central Banking, which analyzes the historical context to the rise of Bitcoin.[265] | |
2018 | March 28 | Official response (regulation) | A Presidential Decree in Belarus on the development of the digital economy comes into effect, and permits buying, selling, exchanging, and mining cryptocurrency. Individuals are permitted to engage in mining; acquire tokens; and exchange, sell, donate, bequeath, and otherwise dispose of cryptocurrency. Income generated by mining and operations in cryptocurrencies is exempt from taxation until 2023.[11] | Belarus |
2018 | March 30 | Official response (negative) | The National Bank of Kazakhstan states its conservative position on the issue of cryptocurrencies and adds that legislative amendments had already been prepared to prohibit the purchase and sale of cryptocurrencies for national currency, ban the activity of exchanges, and ban any type of mining.[11] | Kazakhstan |
2018 | March | Official response (warning) | The Financial Sector Monitoring Commission of Luxembourg issues a statement warning about the risks of investing in cryptocurrencies.[11] | Luxembourg |
2018 | March | Official response (regulation) | Mexico enacts law which includes a chapter on operations virtual assets (cryptocurrencies), defining them as representations of value electronically registered and utilized by the public as a means of payment for all types of legal transactions, which may only be transferred electronically.[11] | Mexico |
2018 | March | Official response (regulation) | The National Agency for Fiscal Administration of Romania declares that income from transactions with cryptocurrencies are taxable.[11] | Romania |
2018 | March | Official response (warning) | The Swedish Central Bank announces that “Bitcoins are not money.”[11] | Sweden |
2018 | March | Official response (negative) | The Moroccan Exchange Office informs the public that the transactions effectuated through virtual currencies constitute a violation of the exchange regulations and are subject to penalties and fines provided by the texts in force.[11] | Morocco |
2018 | April 6 | Official response (negative) | The Reserve Bank of India issues a notification prohibiting banks, lenders and other regulated financial institutions from “dealing with virtual currencies.”[11] | India |
2018 | April 22 | Official response (negative) | The Central Bank of Iran announces ban on the handling of cryptocurrencies by all Iranian financial institutions, including banks and credit institutions. Currency exchanges are also banned from buying and selling, including adopting measures to facilitate or promote them.[11] | Iran |
2018 | April 26 | Mining | The 17 millionth of 21 million Bitcoins is mined.[266] | |
2018 | May 21 | Milestone transaction | Banco Masventas, a bank in Argentina, starts using Bitcoin for cross-border payments. [267] | Argentina |
2018 | June 22 | Official response (regulation) | The Financial Services Agency (FSA), Japan’s top financial regulator, issues six new business improvement orders. The orders to Bitflyer, Tech Bureau, Bitpoint Japan, Btcbox, Bitbank, and Quoine follow the agency’s first rejection of a crypto exchange registration on June 7.[268] | Japan |
2018 | August | Technology | A reported 3,500 Bitcoin ATMs (BATM) are installed worldwide.[269][270] | |
2018 | September | Security | A Bitcoin Cash developer discovers the vulnerability CVE-2018-17144 in the Bitcoin Core software that could allow an attacker to crash vulnerable Bitcoin Core nodes and exceed the 21 million coin limit.[271] | |
2018 | September 14 | Security | Hackers steal 6.7 billion yen (US$60 million) in Bitcoin and two other cryptocurrencies from Japan-based cryptocurrency exchange Zaif.[272][273][274] | |
2018 | November 15 | Bitcoin fork | A hard fork chain split of Bitcoin Cash occurs between two rival factions, Bitcoin Cash and Bitcoin SV.[275][276] On the first day, Bitcoin Cash trades at about US$289 and Bitcoin SV trades at about $96.50, down from $425.01 a day earlier for the un-split Bitcoin Cash.[277] | |
2019 | January 1 | Mining | The government of Abkhazia temporarily shuts down 15 mining farms in the country, in a short-term measure meant to alleviate power shortages during the cold winter months. The shut down facilities have a total power capacity of 8,950 kWt, and their consumption is equal to that of 1,800 households.[278][279][280] | Abkhazia |
2019 | January | Currency adoption | Coin-cashing machines operating company Coinstar announces it will start selling Bitcoin at grocery stores.[281] | United States |
2019 | May 21 | Literature | American author Ben Mezrich publishes Bitcoin Billionaires: A True Story of Genius, Betrayal and Redemption, which tells the story of brothers Tyler and Cameron Winklevoss's big bet on Bitcoin. The book parallels The Accidental Billionaires, published in 2009 by the same author.[282] | United States |
2019 | June | Education | The French education ministry announces the inclusion of Bitcoin in the school curriculum, noting how it will use the cryptocurrency to help students think about the characteristics of money.[283] | France |
2019 | October 18 | Mining | The 18 millionth bitcoin is mined.[284][285][286] | |
2019 | November 6 | Partnership | Tokens.net partners with Bitcoin.com as an Official Simple Ledger Protocol (SLP) Partner. SLP is a protocol for token creation on the Bitcoin Cash (BCH) chain, promoting tokenization of assets in a simple way, as well as providing electronic wallets, block explorers, social media bots, token faucets and back-end infrastructure, as well as protocols for token creation and consulting for token resources and development.[287][288] | |
2019 | November 20 | Currency adoption | Bitcoin.com launches the US$200 million Bitcoin Cash Ecosystem Fund, which focuses on payment solutions and non-custodial financial services for Bitcoin Cash.[289][290] | |
2020 | Early February | Mining | The Chinese government shuts Bitcoin mining farms in order to contain the outbreak of the COVID-19 epidemic in the country.[291][292] | China |
2020 | April 8 | Bitcoin fork | Bitcoin Cash undergoes halving event, reducing its block rewards by half, and causing many miners to see gross margins drop to near zero.[293][294] | |
2020 | May 7 | Notable acquisition | American hedge fund manager Paul Tudor Jones reportedly buys Bitcoin as an inflation hedge in order to seek protection against central banks around the globe printing money to relieve coronavirus-battered economies.[295] | United States |
2020 | May 16 | Mining | The third Bitcoin halving should take place around this date on block 630,000.[90][296][297] The amount of new Bitcoins issued every 10 minutes will drop from 12.5 Bitcoins to 6.25.[90] | |
2020 | June 10 | Currency adoption | Asia-Pacific bottling company Coca-Cola Amatil starts offering Bitcoin payment options in Australia and New Zeland, with more than 2,000 vending machines in those countries letting customers buy a Coke with bitcoin.[298][299][300] | Australia, New Zeland |
2020 | July 15 | Security | A reported 130 high-profile Twitter are compromised by outside parties to promote a bitcoin scam. Twitter would later confirm that the perpetrators had gained access to Twitter's administrative tools so that they could alter the accounts themselves and post the tweets directly.[301][302][303] | |
2020 | August | Currency adoption | American business intelligence company MicroStrategy announces having purchased 21,454 bitcoins at a price of US$250 million, with the purpose to hold as a treasury reserve asset.[304][305][306] | United States |
2020 | September 26 | Bitcoin fork | Bitcoin Unlimited has its stable release.[307] | |
2020 | October 8 | Currency adoption | American payments company Square, Inc. announces having purchased 4,709 bitcoins (about US$50 million) in investment, representing 1% of the firm’s total assets.[308][309][310] | |
2020 | October 21 | Currency adoption | American financial services company PayPal announces a new service allowing all users in the United States buy, hold, or sell bitcoin using PayPal.[311][312][313] | United States |
2020 | November 16 | Notable prediction | A senior Citibank analyst predicts that Bitcoin could potentially reach US$318,000 in value by December 2021.[314][315][316] | United States |
2020 | November 19 | Fraud case | The Chinese police seizes crypto assets worth more than US$4.2 billion (including 194,775 BTC) from PlusToken, a cryptocurrency Ponzi scheme disguised as a high-yield investment program.[317][318] | China |
2020 | November 23 | Early development | Researchers analyzing Satoshi Nakamoto’s activities conclude that he was launched Bitcoin from London.[319][320] | United Kingdom |
2020 | November 26 | Official response (regulation) | The Russian prime minister outlines the government’s plans to recognize Bitcoin and other cryptocurrencies as property with legal protection.[321] | Russia |
2020 | November 30 | Valuation | Bitcoin reaches a new all time high of $19,860, surpassing the previous peak of $19,783 from December 2017.[322][323][324] | |
2020 | December 3 | Currency adoption | Private German bank Hauck & Aufhäuser announces launch of a cryptocurrency fund which includes Bitcoin, Ethereum, and Stellar, in an attempt to pursue a passive investment strategy.[325][326][327] | |
2020 | December 10 | Currency adoption | Massachusetts-based life insurance company MassMutual invests US$100 million in Bitcoin for its general investment fund.[328][329][330] | United States |
2020 | December | Currency adoption | American financier Anthony Scaramucci launches the SkyBridge Bitcoin Fund, an institutional grade fund to invest in Bitcoin.[331] | United States |
2021 | January 5 | Notable prediction | American multinational investment bank JPMorgan Chase predicts that Bitcoin price could rise over US$146,000 in the long term, as it competes with gold as an asset class.[332] Previously, JPMorgan CEO Jamie Dimon has called Bitcoin a “fraud”.[333] | United States |
2021 | January 29 | Notable case | Bitcoin valuation spikes 20% after Elon Musk adds the hashtag #bitcoin to his Twitter bio.[334][335][336] | |
2021 | February 1 | Notable comment | European Central Bank governing council member Gabriel Makhlouf warns that Bitcoin investors may "lose all their money" by investing in a “highly speculative asset”.[337] | |
2021 | February 3 | Currency adoption | Credit card company Visa Inc. announces plans to help banks roll out Bitcoin and cryptocurrency buying and trading services with a Visa crypto software program, set to launch later in the year.[338][339] | United States |
2021 | February 8 | Notable acquisition | Tesla, Inc. announces having bought US$1.5 billion worth of Bitcoin.[340] | |
2021 | February 10 | Currency adoption | American financial services corporation Mastercard announces that that it will begin supporting cryptocurrencies on its network later in the year.[341][342] | United States |
2021 | February 10 | Mining | Analysis by Cambridge University suggests that Bitcoin mining consumes around 121.36 terawatt-hours (TWh) a year,more than the whole of Argentina.[343][344][345] | United Kingdom |
2021 | February 11 | Currency adoption | The Bank of New York Mellon announces that it will begin financing Bitcoin and other digital currencies. This is regarded as a validation of crypto from a key bank in the financial system.[346][347] | United States |
2021 | February 11 | Notable comment | United States secretary of the treasury Janet Yellen says that "misuse" of cryptocurrencies like Bitcoin is a growing problem, as regulators increase scrutiny after surge in interest. Yellen also emphasizes that "cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism."[348][349] | United States |
2021 | February 11 | Official response (negative) | The Government of India announces being in the process levying a complete ban on crypto investment in the country. Existing investors would reportedly get a 3-6 month transition period for liquidating their investments.[350][351][352] | India |
2021 | February 15 | Mining | A study published in journal Nature Climate Change warns on the growing environmental impact of Bitcoin mining and reports that if Bitcoin is implemented at similar rates at which other technologies have been incorporated, it alone could produce enough emissions to raise global temperatures by 2°C as soon as 2033.[353][354] | |
2021 | February 17 | Notable comment | Anthony Scaramucci estimates that Bitcoin would surpass US$100,000 before year's end.[331][355] | United States |
2024 | March–June | Mining | The fourth Bitcoin halving will happen at block 840,000.[90] | |
2030 | Mining | More than 98% of Bitcoins will be mined by this year.[90] | ||
2140 | Mining | The last Bitcoin will be mined around this year due to block reward halving.[356][357] |
Bitcoin Core version updates
Year | Month and date | Software version |
---|---|---|
2009 | January 9 | 0.1 [358] |
2009 | December 16 | 0.2 [359] |
2010 | July 6 | 0.3 [360] |
2010 | July 11 | 0.3[361] |
2011 | April 27 | 0.3.21[362] |
2011 | June 5 | 0.3.22 [363] |
2011 | June 14 | 0.3.23[364] |
2011 | July 8 | 0.3.24[365] |
2011 | September 23 | 0.4.0[366] |
2011 | November 21 | 0.5.0 .[367] |
2011 | December 15 | 0.5.1[368] |
2012 | January 9 | 0.5.2[369] |
2012 | March 14 | 0.5.3[370] |
2012 | March 16 | 0.5.3.1[371] |
2012 | March 30 | 0.6.0[372] |
2012 | May 4 | 0.6.1[373] |
2012 | May 8 | 0.6.2[374] |
2012 | June 25 | 0.6.3[375] |
2012 | September 17 | 0.7.0[376] |
2012 | October 19 | 0.7.1[377] |
2012 | December 14 | 0.7.2[378] |
2013 | February 19 | 0.8.0[379] |
2013 | March 18 | 0.8.1[380] |
2013 | May 29 | 0.8.2[381] |
2013 | June 23 | 0.8.3[382] |
2013 | September 3 | 0.8.4[383] |
2013 | September 13 | 0.8.5[384] |
2013 | December 9 | 0.8.6[385] |
2014 | March 19 | 0.9.0[386] |
2014 | April 8 | 0.9.1[387] |
2014 | June 16 | 0.9.2[388] |
2014 | June 19 | 0.9.2.1[389] |
2014 | September 27 | 0.9.3[390] |
2015 | February 16 | 0.10.0[391] |
2015 | April 27 | 0.10.1[392] |
2015 | May 19 | 0.10.2[393] |
2015 | July 12 | 0.11.0[394] |
2015 | October 14 | 0.10.3[395] |
2015 | October 15 | 0.11.1[396] |
2015 | November 13 | 0.11.2[397] |
2016 | February 23 | 0.12.0[398] |
2016 | April 15 | 0.12.1[399] |
2016 | August 23 | 0.13.0[400] |
2016 | October 27 | 0.13.1[401] |
2017 | January 3 | 0.13.2[402] |
2017 | March 8 | 0.14.0[403] |
2017 | April 22 | 0.14.1[404] |
2017 | June 17 | 0.14.2[405] |
2017 | September 14 | 0.15.0[406] |
2017 | September 19 | 0.15.0.1[407] |
2017 | November 11 | 0.15.1[408] |
2018 | February 26 | 0.16.0[409] |
2018 | June 15 | 0.16.1[410] |
2018 | July 29 | 0.16.2[411] |
2018 | September 28 | 0.15.2 and 0.14.3[412][413] |
2018 | October 9 | 0.17.0.1[414] |
2018 | December 25 | 0.17.1[415] |
2019 | May 2 | 0.18.0[416] |
2019 | August 9 | 0.18.1[417] |
2019 | October 24 | 0.19.0.1[418] |
2020 | March 9 | 0.19.1[419] |
2020 | June 3 | 0.20.0[420] |
2020 | August 1 | 0.20.1[421] |
2021 | January 14 | 0.21.0.[422] |
Mentions on Google Scholar
The following table summarizes per-year mentions on Google Scholar.
Year | bitcoin (Jameson Lopp)[423][424] | blockchain (Lopp)[425] | bitcoin (as of June 12, 2017) | blockchain (as of June 12, 2017) | bitcoin (as of March 19, 2020) | blockchain (as of March 19, 2020) |
---|---|---|---|---|---|---|
2009 | 83 | 97 | 54 | 371 | 415 | |
2010 | 136 | 213 | 84 | 44 | 373 | 510 |
2011 | 218 | 224 | 252 | 55 | 552 | 489 |
2012 | 424 | 311 | 476 | 104 | 817 | 673 |
2013 | 868 | 477 | 1,480 | 208 | 2,210 | 867 |
2014 | 2,070 | 956 | 3,620 | 640 | 4,440 | 1,490 |
2015 | 2,820 | 1,440 | 3,470 | 1,140 | 5,070 | 2,470 |
2016 | 3,380 | 2,190 | 4,900 | 2,500 | 6,490 | 5,280 |
2017 | 6,460 | 1,920 | 1,760 | 11,600 | 13,100 | |
2018 | 11,500 | 20,200 | 33,800 | |||
2019 | 13,700 | 19,500 | 41,000 |
GitHub repositories
The following table summarizes cumulative repositories on GitHub, showing search results as of March 20, 2020.[426]
Year | Cumulative repositories |
---|---|
2009 | 0 |
2010 | 28 |
2011 | 360 |
2012 | 623 |
2013 | 2,107 |
2014 | 4,372 |
2015 | 6,606 |
2016 | 8,867 |
2017 | 16,370 |
2018 | 27,129 |
2019 | 35,371 |
Numerical and visual data
Mentions on Google Scholar
The following table summarizes per-year mentions on Google Scholar as of July 31, 2021.
Year | Bitcoin | Cryptocurrency | Blockchain |
---|---|---|---|
2009 | 434 | 110 | 200 |
2010 | 482 | 155 | 280 |
2011 | 721 | 167 | 278 |
2012 | 927 | 127 | 322 |
2013 | 2,200 | 228 | 522 |
2014 | 4,440 | 783 | 1,040 |
2015 | 5,170 | 1,150 | 1,960 |
2016 | 6,530 | 1,700 | 5,000 |
2017 | 12,100 | 4,270 | 13,700 |
2018 | 22,100 | 12,000 | 41,400 |
2019 | 23,800 | 14,800 | 56,600 |
2020 | 22,600 | 15,600 | 58,500 |
Wikipedia pageviews
The image shows pageviews of the English Wikipedia page Bitcoin on desktop from December 2007, and on mobile-web, desktop-spider, mobile-web-spider and mobile app, from June 2015; to January 2021.
Google Trends
The comparative chart below shows Google Trends data for Bitcoin (Search term) and Ethereum (Search term) from January 2009 to February 2021, when the screenshot was taken. Interest is also ranked by country and displayed on world map.[427]
Other
The chart below illustrates the evolution of Bitcoin daily price in United States Dollars, from its earliest value to February 27th 2021.[428]
The chart below illustrates the evolution of Bitcoin daily price in US Dollars, up to February 27th 2021, in logarithmic scale.[428]
The chart below illustrates the Bitcoin hash rate, which is the measuring unit of the processing power of the Bitcoin network; from January 3rd 2009 to February 27th 2021.[428]
The chart below shows the Bitcoin hash rate evolution in logarithmic scale.[428]
Meta information on the timeline
How the timeline was built
Funding information for this timeline is available.
Feedback and comments
Feedback for the timeline can be provided at the following places:
- BITCOIN & CRYPTOCURRENCIES, GREAT BRITAIN Facebook group
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What the timeline is still missing
- Make sure we have rows for the launch of major publications exclusively or primarily covering Bitcoin and cryptocurrency (Coindesk, Cointelegraph).✔
- Go through current list of 10-20 top holders of Bitcoin and make sure we have events covering their major acquisitions of Bitcoin.✔
- Maybe stuff from https://www.coindesk.com/bitcoin-prices-in-2020-heres-what-happened ✔
- [1]
- TODO Add more events about exchange rate changes
- TODO Add CVEs and other incidents related to security and bad transactions
- TODO silkroad?
- TODO "Historically it was not required to include a fee for every transaction. A large portion of miners would mine transactions with no fee given that they had enough "priority". Today, low priority is mostly used as an indicator for spam transactions and almost all miners expect every transaction to include a fee. Today miners choose which transactions to mine only based on fee-rate." https://en.bitcoin.it/wiki/Transaction_Fee When was this "historical" period?
- TODO Fix Bitcoin/bitcoin capitalization. "Some people differentiate between Bitcoin capitalized, as the token, and bitcoin lowercase, as the network." https://www.nytimes.com/2017/05/15/business/all-about-bitcoin-the-mysterious-digital-currency.html And: 'By the way, I’m using capitalized “Infocoin” to refer to the protocol and general concept, and lowercase “infocoin” to refer to specific denominations of the currency. A similar useage is common, though not universal, in the Bitcoin world.' http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/ And: "There is no uniform convention for bitcoin capitalization. Some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, to refer to the unit of account.[25] The Wall Street Journal,[26] The Chronicle of Higher Education,[27] and the Oxford English Dictionary[24] advocate use of lowercase bitcoin in all cases, which this article follows." https://en.wikipedia.org/wiki/Bitcoin#Etymology_and_orthography
- TODO https://en.wikipedia.org/wiki/LocalBitcoins
- TODO triple-entry accounting, e.g. http://iang.org/papers/triple_entry.html
- [2]
Timeline update strategy
Pingbacks
See also
- Timeline of Ethereum
- Timeline of Coinbase
- Timeline of cryptocurrency and philanthropy
- Timeline of money transfer
External links
References
- ↑ 1.0 1.1 "A Short History Of Bitcoin And Crypto Currency Everyone Should Read". forbes.com. Retrieved 30 December 2019.
- ↑ 2.0 2.1 "Bitcoin History: Timeline, Origins and Founder". thestreet.com. Retrieved 1 January 2020.
- ↑ "Barry Silbert edges out Tim Draper with 48,000 bitcoin victory in fight for crypto-dominance". www.bizjournals.com. Retrieved 8 February 2021.
- ↑ Russo, Camila (March 26, 2018). "Twitter Joins Facebook, Google in Banning Crypto Coin Sale Ads". Bloomberg. Retrieved 30 December 2019.
- ↑ Huang, Eustance (2018-11-14). "Bitcoin market cap falls below $100 billion for first time since October 2017". CNBC. Retrieved 2018-11-15.
- ↑ "The Entire Cryptocurrency Scene—Including Bitcoin—Is Plummeting Again. These Might Be the Reasons Why". Fortune. Retrieved 30 December 2019.
- ↑ "For many reasons 2020 will loom large in future textbooks on financial history.". coindesk.com. Retrieved 15 February 2021.
- ↑ 8.0 8.1 8.2 8.3 8.4 8.5 "10 Countries with the Most Bitcoin Hodlers". usethebitcoin.com. Retrieved 23 March 2020.
- ↑ "Buy Bitcoin in the United States". buybitcoinworldwide.com. Retrieved 23 March 2020.
- ↑ "3 countries host over 50% of the world's Bitcoin nodes". thenextweb.com. Retrieved 23 March 2020.
- ↑ 11.000 11.001 11.002 11.003 11.004 11.005 11.006 11.007 11.008 11.009 11.010 11.011 11.012 11.013 11.014 11.015 11.016 11.017 11.018 11.019 11.020 11.021 11.022 11.023 11.024 11.025 11.026 11.027 11.028 11.029 11.030 11.031 11.032 11.033 11.034 11.035 11.036 11.037 11.038 11.039 11.040 11.041 11.042 11.043 11.044 11.045 11.046 11.047 11.048 11.049 11.050 11.051 11.052 11.053 11.054 11.055 11.056 11.057 11.058 11.059 11.060 11.061 11.062 11.063 11.064 11.065 11.066 11.067 11.068 11.069 11.070 11.071 11.072 11.073 11.074 11.075 11.076 11.077 11.078 11.079 11.080 11.081 11.082 11.083 11.084 11.085 11.086 11.087 11.088 11.089 11.090 11.091 11.092 11.093 11.094 11.095 11.096 11.097 11.098 11.099 11.100 11.101 11.102 "Regulation of Cryptocurrency Around the World" (PDF). loc.gov. Retrieved 21 March 2020.
- ↑ "Blockchain and cryptocurrency regulation 2020". globallegalinsights.com. Retrieved 24 March 2020.
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- ↑ 15.0 15.1 15.2 Narayanan, Arvind; Bonneau, Joseph; Felten, Edward; Miller, Andrew; Goldfeder, Steven; Clark, Jeremy (February 9, 2016). Bitcoin and Cryptocurrency Technologies (draft version) (PDF). Princeton University Press.
- ↑ "[ANNOUNCE] hash cash postage implementation". Retrieved June 16, 2017.
- ↑ Pedro Franco (2015). Understanding Bitcoin: Cryptography, engineering, and economics. Wiley.
- ↑ Adam Back (August 1, 2002). "Hashcash - A Denial of Service Counter-Measure" (PDF). Retrieved June 16, 2017.
- ↑ Satoshi Nakamoto. "Bitcoin: A Peer-to-Peer Electronic Cash System" (PDF). Retrieved June 16, 2017.
- ↑ "Virtual peer to peer banking - Google Groups". Retrieved June 15, 2017.
- ↑ "x". Bitcoin Wiki. Retrieved June 15, 2017.
- ↑ 22.00 22.01 22.02 22.03 22.04 22.05 22.06 22.07 22.08 22.09 22.10 22.11 22.12 22.13 22.14 22.15 22.16 Nathaniel Popper (2015). Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money. Harper.
- ↑ 23.0 23.1 Satoshi Nakamoto, Wei Dai (March 17, 2014). "Dai/Nakamoto emails". Gwern.net. Retrieved June 13, 2017.
- ↑ "20081003-nakamoto-bitcoindraft.pdf" (PDF). Retrieved June 13, 2017.
- ↑ "Bitcoin P2P e-cash paper". November 1, 2008. Retrieved June 12, 2017.
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- ↑ "Bitcoin". SourceForge. Retrieved June 12, 2017.
Registered 2008-11-09
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- ↑ "First commit · bitcoin/bitcoin@4405b78". GitHub. Retrieved June 12, 2017.
- ↑ "2009 Exchange Rate - New Liberty Standard". Retrieved June 14, 2017.
- ↑ "Be a BITCOIN Millionaire". Google Books. Retrieved June 14, 2017.
- ↑ "Freenode / #Bitcoin-Dev Chat Logs". Retrieved June 14, 2017.
- ↑ "Martti Malmi on Twitter". Twitter. Retrieved June 12, 2017.
Found the first known bitcoin to USD transaction from my email backups. I sold 5,050 BTC for $5,02 on 2009-10-12.
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- ↑ "Bitcoin Block #32256". Retrieved June 14, 2017.
- ↑ "PowerPoint Presentation - 3.-Basics-of-Cryptocurrency.pdf" (PDF). Retrieved June 14, 2017.
- ↑ "Bitcoin Market". Bitcoin Wiki. Retrieved June 14, 2017.
- ↑ "Bitcoin History part 3". pivot.one. Retrieved 30 December 2019.
- ↑ "Laszlo Hanyecz". Bitcoin Wiki. Retrieved June 12, 2017.
- ↑ "Jercos". Bitcoin Wiki. Retrieved June 12, 2017.
- ↑ "Pizza for bitcoins?". Retrieved June 12, 2017.
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- ↑ Jed McCaleb (February 16, 2014). "Jed McCaleb interview". Gwern.net. Retrieved June 12, 2017.
- ↑ mtgox. "New Bitcoin Exchange (mtgox.com)". Retrieved June 12, 2017.
- ↑ Tim Swanson (April 20, 2014). "How ArtForz changed the history of Bitcoin mining". Great Wall of Numbers. Retrieved June 14, 2017.
Assuming he began mining on July 18th (based on his forum post stating that)
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- ↑ "Bitcoin economy passes US $1 Million!". Retrieved June 14, 2017.
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- ↑ "Silk Road: anonymous marketplace. Feedback requested :)". Retrieved June 22, 2017.
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- ↑ "BitPay". Crunchbase. Retrieved June 12, 2017.
Founded: May 1, 2011
- ↑ "Bitbills". Bitcoin Wiki. Retrieved June 12, 2017.
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- ↑ "Bitcoin - The Internet of Money". reddit.com. Retrieved 28 March 2020.
- ↑ Adrian Chen. "The Underground Website Where You Can Buy Any Drug Imaginable". Gawker. Retrieved June 22, 2017.
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- ↑ "BTCC". crunchbase.com. Retrieved 24 December 2019.
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I just uploaded pdf and KeyNote versions of the talk I gave at the CIA last Tuesday
- ↑ "Gavin Andresen on Twitter". Twitter. Retrieved June 24, 2017.
My talk at the CIA went well today. The hallways there are REALLY wide, and full of interesting stuff.
- ↑ "Bitcoin Mining Forums: Turning Computers Into Cash Since 2011". reddit.com. Retrieved 28 March 2020.
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- ↑ "Kraken". bestbitcoinexchange.net. Retrieved 29 December 2019.
- ↑ "mybitcoin down or just me?". Retrieved June 25, 2017.
- ↑ "MyBitcoin". Bitcoin Wiki. Retrieved June 25, 2017.
- ↑ Dotson, Kyt (1 August 2011) "Third Largest Bitcoin Exchange Bitomat Lost Their Wallet, Over 17,000 Bitcoins Missing".
- ↑ "Bitcoin Improvement Proposals - Bitcoin Wiki". Retrieved June 22, 2017.
- ↑ "bitcoin/bips". GitHub. Retrieved June 22, 2017.
- ↑ "Blockchain.com - The Most Trusted Crypto Company". www.blockchain.com. Retrieved 11 February 2021.
- ↑ "Blockchain.com - 48 Reviews - Bitcoin Exchange - BitTrust.org". bittrust.org. Retrieved 11 February 2021.
- ↑ "bitstamp". www.bitstamp.net. Retrieved 11 February 2021.
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- ↑ 80.0 80.1 80.2 80.3 "WHO ARE THE RICHEST BITCOIN OWNERS? Bitcoin - Henry Harvin". www.henryharvin.com. Retrieved 8 February 2021.
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Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.
- ↑ "Coinbase". Crunchbase. Retrieved June 12, 2017.
Founded: June 1, 2012
Crunchbase gives June 1 as the founding date, but Wikipedia gives June 20 with no citation. - ↑ "LocalBitcoins". crunchbase.com. Retrieved 22 December 2019.
- ↑ Matonis, Jon (September 27, 2012). "Bitcoin Foundation Launches To Drive Bitcoin's Advancement". Forbes. Archived from the original on January 23, 2013. Retrieved June 12, 2017.
Several months in the making, the Bitcoin Foundation launches this week
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- ↑ Michael J. Casey (March 10, 2015). "Secretive Bitcoin Startup 21 Reveals Record Funds, Hints at Mass Consumer Play". The Wall Street Journal. Retrieved June 28, 2017.
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A block was produced that the latest version of the Bitcoin software, version 0.8, recognized as valid but that nodes still running version 0.7 or earlier rejected.
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On Thursday, SecondMarket is expected to begin raising money for an investment fund — the first of its kind in the United States — that will hold only bitcoins, giving wealthy investors exposure to the trendy but controversial virtual currency.
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The platform will be open for trading this Thursday, October 8, but has already begun accepting signups.
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Bitcoin plunged just over 23 percent on Tuesday after the news broke.
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If the mining power had remained constant since the first Bitcoin was mined, the last Bitcoin would have been mined somewhere near October 8th, 2140. Due to the mining power having increased overall over time, as of block 367,500 - assuming mining power remained constant from that block forward - the last Bitcoin will be mined on May 7th, 2140.
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