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Company History

Bitcoin Company History

Bitcoin is a purely peer-to-peer version of digital cash, allowing online payments to be sent directly from one person to another without going through a financial institution.

The Force is strong with this one. I have you now. You don’t believe in the Force, do you? Hokey religions and ancient weapons are no match for a good blaster at your side, kid. Don’t be too proud of this technological terror you’ve constructed. The ability to destroy a planet is insignificant next to the power of the Force. 

2009
First Bitcoins

The first 50 bitcoins are mined by Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.

2012
$100 Bitcoin Milestone

After nearly two years of inertia, bitcoin hits $100 for the first time on April Fools’ Day and then booms — doubling to more than $200 apiece in the span of a week.

2013
$1,000 Bitcoin Milestone

Bitcoin soars past the $1,000 mark, near doubling in value in the span of a week. The frenzied buying appears to be propelled by Chinese investors, who, it’s assumed, want to move their money into untraceable accounts. Bitcoin peaks at $1,216.70 by the end of the month. The price won’t break $1,000 again for three years.

2017
$10,000 Bitcoin Milestone

Bitcoin blasts past $10,000 mark. Hours later the price tops $11,000 and keeps powering higher. The meteoric rise gets a shrug from investors, and stays within range of its peak valuation past the Thanksgiving holiday weekend. The main price-drivers are new main-street investors.

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