The Wild Ride of Bitcoin: A Brief History
2008
1. _Bitcoin Whitepaper_: Satoshi Nakamoto publishes the Bitcoin whitepaper, outlining the concept and design of Bitcoin.
2. _Genesis Block_: The first block in the Bitcoin blockchain, known as the Genesis Block, is mined.
2009
1. _Bitcoin Network Launch_: The Bitcoin network is launched, and the first Bitcoin software is released.
2. _First Bitcoin Transaction_: The first Bitcoin transaction takes place, with Satoshi Nakamoto sending 10 BTC to developer Hal Finney.
2010
1. _Bitcoin Market_: The first Bitcoin market, called the (link unavailable), is established.
2. _Bitcoin Pizza_: Laszlo Hanyecz buys two Papa John's pizzas for 10,000 BTC, marking one of the first real-world transactions.
2011
1. _Silk Road_: The infamous Silk Road marketplace is launched, allowing users to buy and sell illicit goods using Bitcoin.
2. _Bitcoin Price Surge_: Bitcoin's price surges to $31.91, only to crash to $2.22 later that year. 3 replies
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2016
1. _Bitcoin Halving_: The Bitcoin network undergoes its first halving, reducing the block reward from 25 BTC to 12.5 BTC.
2. _DAO Hack_: The DAO, a decentralized autonomous organization, is hacked, resulting in the theft of millions of dollars' worth of Ether.
2017
1. _ICO Boom_: The initial coin offering (ICO) market experiences a boom, with many new projects raising millions of dollars.
2. _Bitcoin Price Surge_: Bitcoin's price surges to nearly $20,000, marking a new all-time high.
2018
1. _Regulatory Crackdown_: Governments around the world begin to crack down on ICOs and cryptocurrency exchanges.
2. _Bitcoin Price Correction_: Bitcoin's price experiences a significant correction, falling to around $3,000.
2019
1. _Institutional Investment_: Institutional investors begin to take notice of Bitcoin and other cryptocurrencies.
2. _Facebook Libra_: Facebook announces its plans to launch Libra, a digital currency. 1 reply
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