Bitcoin History (Part 3)

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March 11, 2013

Glitch causes halt in transactions


A significant glitch that involves two different versions of the Bitcoin software forces a halt in transactions that results in a sharp sell-off and a 23 percent drop in value to US$37. Later that evening, the exchange rate recovered much of its value.


March 21, 2013

Bitcoin spikes to $74.90

The value of Bitcoin spikes after two days of increasing nearly 70 percent, reaching a high of US$74.90.

March 28, 2013

Market cap reaches $1 billion

The total Bitcoin market cap passes US$1 billion.

April 2013

Bitcoin surpasses $100

The value of Bitcoin on MtGox and other exchanges surpasses US$100.

April 10, 2013

Bitcoin Bubbles

Bitcoin hits an all-time high of US$266, up from only $13 the year before.

April 20, 2013

Bitcoin Crashes

Bitcoin Central is hacked, with hackers making away with “a few hundred” Bitcoins that the site’s owners agreed to fully cover.

May 2013

Gaming company caught secretly mining Bitcoins

Online gaming company ESEA is called out for secretly using customer computers to mine Bitcoins.

May 2, 2013

First Bitcoin ATM unveiled

The first Bitcoin ATM in the world is debuted in San Diego, California.

May 18, 2013 launches online casino launches as an online casino platform that accepts Bitcoin wagers.



May 23, 2013


Bitcoin Central gets hacked


Bitcoin Central is hacked, with hackers making away with “a few hundred” Bitcoins that the site’s owners agreed to fully cover.



June 10, 2013

Life on Bitcoin

Newlyweds Beck and Craig launch a Kickstarter campaign to fund a full-length documentary called Life on Bitcoin.

August 6, 2013

Bitcoin ruled currency by Texas judge

In response to a claim by Trendon Shavers, founder of Texas-based Bitcoin Savings & Trust, that Bitcoins are not real money in an attempt to sidestep SEC charges of misappropriation of funds, federal Magistrate Judge Amos Mazzant of the Eastern District of Texas rules that “Bitcoin is a currency or form of money, and investors wishing to invest in BTCST provided an investment of money.”

August 9, 2013


Bloomberg gets Bitcoin ticker


The Bitcoin ticker arrives on the Bloomberg terminal so that Bloomberg employees can track the value of BTC under XBT Currency.



August 28, 2013

Robocoin starts accepting pre-orders


RoboCoin begins accepting pre-orders for its US$20,000 ATM that allows users to trade Bitcoins for other currencies.




September 9, 2013

Sean's Outpost announces Satoshi Forest

Jason King, founder of Sean’s Outpost, a Bitcoin-funded homeless shelter in Pensacola, announces plans to build a nine-acre sanctuary in Florida for the homeless that was dubbed Satoshi Forest, to be funded by Bitcoin donations.


October 2, 2013

FBI shuts down Silk Road

FBI shuts down infamous online drug marketplace Silk Road, seizing 3.6 million dollars worth of bitcoins.

November 6, 2013

Bitcoin sets new all-time high

The price of the Bitcoin breaks record set in April 2013, despite the Silk Road bust and fears over security, reaching US$269 per bitcoin.

November 17, 2013

Bitcoin doubles

Bitcoin price hits a landmark figure at 11.50am GMT on 17 November, reaching US$503.10 on Mt. Gox.

November 19, 2013

Bitcoin goes above $1000

Bitcoin price surges to a record of US$1242 after Senate hearings.

November 22, 2013


Space travel becomes possible with Bitcoin



Richard Branson’s Virgin Galactic begins accepting Bitcoin for space travel.


November 29, 2013

Bitcoin Black Friday

Bitcoin Black Friday hosts first annual Black Friday event to highlight deals from merchants and businesses accepting Bitcoin.




December 2, 2013

The biggest heist in history

96,000 Bitcoins are stolen from Sheep Marketplace, an online drug site, while the internet watches the thief move the funds wallet to wallet.

December 5, 2013

China's Central Bank bans Bitcoin transactions

China’s central bank bars financial institutions from handling Bitcoin transactions, causing a price drop of more than 20 percent to below $1,000.

December 17, 2013
Bitcoin crashes to nearly US$500 after further is banned from accepting deposits in yuan.

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