The Definitive History of Bitcoin

[zee11224]

The Definitive History of Bitcoin

[1714780796]

1714780796

[Bytty]

That's an awesome infographic, thanks for sharing.

[koelen3]

Wow! never knew the domain was registered in 2008
And that it was freaking 1309.30 btc per 1$
I know Pizza event had a great impact but that it was the first real public BTC transaction , just great.

BTW What happened about those 184 Billion Bitcoins ? I mean i do understand they were deleted but were they picked up by blockchain?
Wikileaks accepted btc as donation ? really ?
So Cyprus was the cause for Bitcoin Hype.

This is awesome , definitely saving it for myself

[shorena]

Wow! never knew the domain was registered in 2008
And that it was freaking 1309.30 btc per 1$
I know Pizza event had a great impact but that it was the first real public BTC transaction , just great.

BTW What happened about those 184 Billion Bitcoins ? I mean i do understand they were deleted but were they picked up by blockchain?
Wikileaks accepted btc as donation ? really ?
So Cyprus was the cause for Bitcoin Hype.

This is awesome , definitely saving it for myself

The pizza thread[1] is still around and the user is still active. Wikileaks still accepts bitcoin[2] as well as litecoin they also accept paypal (again).


[1] https://bitcointalk.org/index.php?topic=137.0
[2] https://shop.wikileaks.org/donate

[SpanishSoldier]

Like this there are many other infographics available on net regarding Bitcoin history, but almost all of them ends at 2013 December showing the spike. I'd be waiting for one depicting the drop as well and mentioning instead of the drop how millions of $$$ were flown into the bitcoin ecosystem in 2014.

[koelen3]

Wow! never knew the domain was registered in 2008
And that it was freaking 1309.30 btc per 1$
I know Pizza event had a great impact but that it was the first real public BTC transaction , just great.

BTW What happened about those 184 Billion Bitcoins ? I mean i do understand they were deleted but were they picked up by blockchain?
Wikileaks accepted btc as donation ? really ?
So Cyprus was the cause for Bitcoin Hype.

This is awesome , definitely saving it for myself

The pizza thread[1] is still around and the user is still active. Wikileaks still accepts bitcoin[2] as well as litecoin they also accept paypal (again).


[1] https://bitcointalk.org/index.php?topic=137.0
[2] https://shop.wikileaks.org/donate

Yes i have saw the pizza thread but user Laszlo hasn't been online since 15 Aug 2014 and i wouldn't call that Active

And as i remember wasn't Wikileaks Pulled down and Julian Assange was put behind Bars ? Not really updated on it!
Thank you

[bf4btc]

Wow! never knew the domain was registered in 2008
And that it was freaking 1309.30 btc per 1$
I know Pizza event had a great impact but that it was the first real public BTC transaction , just great.

BTW What happened about those 184 Billion Bitcoins ? I mean i do understand they were deleted but were they picked up by blockchain?
Wikileaks accepted btc as donation ? really ?
So Cyprus was the cause for Bitcoin Hype.

This is awesome , definitely saving it for myself

The pizza thread[1] is still around and the user is still active. Wikileaks still accepts bitcoin[2] as well as litecoin they also accept paypal (again).


[1] https://bitcointalk.org/index.php?topic=137.0
[2] https://shop.wikileaks.org/donate

Thanks OP that is a well put together visual appreciated

Also was really curious about the 10,000btc spent on pizza wondering did they keep a chunk of them and make a fortune from a couple of pizza i will take a look at the links and see if i can get any info.

The space travel i am so gutted i was never involved with bitcoin earlier for that reason never really been gutted about the potential money if i got in earlier but the fact i could have gone to beginning of space is a shame :/

[mishax1]

And I thought the latest bitcoin crash was caused by Willy on mtgox..

[Q7]

That's an awesome piece of work. Basically every little bit of history is there in an easy-to-view graphic. Normally, if you were to ask me to read through pages of words and sentence, I would immediately lose interest. But for this I just managed to read everything. What captures my attention the most is the part on "A number of firsts"

[Denker]

That graphic is brilliant. A really good summary of what have happened the last few years.

[ikydesu]

Awesome art! Pict saved on my device
It explain big event in bitcoin history. Thanks for sharing.


~iki

[12345mm]

You neglected to include this:

"The Great Bitcoin Lie"

When people see dollar signs in their eyes , truth is often discarded , but here's the hard truth nobody wants to hear , and is not included in any documentary history of bitcoin. From total obscurity and complete absence of use , bitcoin price was singlehandedly manipulated by 1 fraudulently operated exchange all the way from pennies to $1200 - by MtGox. I know , it's hard to hear and hard to believe , but it's the truth. The sad and true fact is , this was for years the only exchange where bitcoin was traded and where price was determined. From a valuation of pennies until it was being traded in the hundreds of dollars MtGox was the only exchange for the first several years of the history of bitcoin and it was being run as a fraudulent ponzi scheme based off of bitcoin. The entire price discovery period valuation of bitcoin from the very very beginning all the way to the very very top was entirely fraudulently accomplished using insider trading , customer deposits of fiat money , and entirely non-existent money - a house of cards which culminated in the outright theft of nearly 1 million bitcoins and collapse of the exchange. All of the merchant adoption , all of the asic mining arms race , all of the opening of new exchanges , all of the news attention ,  all of the real money put into it , all of it , everything , was predicated on an illegally fraudulently manipulated rising price of bitcoin.

Whether or not bitcoin itself was initially created with this express purpose in mind is debatable , but a distinct possibility exists that this was indeed the intent from the very beginning. Even if bitcoin was not created with the direct purpose of pulling off this con , the con was pulled all the same. Today , it is often argued that this shouldn't matter now , given the current infrastructure built for mining and the number of merchants now accepting bitcoin as payment , but the reality is the price as it exists today , the price as it has been valued , is the direct result of this one complete and total sham exchange. The price today is almost $1000 lower than the heights directly caused by MtGox and has been in continual decline ever since the collapse of the fraudulent exchange , as early buyers and early miners sell the millions of bitcoins they produced in total obscurity , miners who now immediately sell mined coins , and the criminal CEO of MtGox Mark Karpeles continues to cash in his nearly 1 million stolen bitcoins.

[unamis76]

This looks amazing Thank you for sharing!

Here's another amazing infographic!

https://nativemerchantservices.com/content/uploads/2015/01/biggest-moments-in-bitcoin.png

[Possum577]

Wow, this is cool!

IS there a way I can get it in a PDF to share with friends and family?


If you're accepting edits/revisions, I have a small one:

Where you say "it was the perfect storm for the emmergence of a new crypto currency..." you're implying that there other crypto currencies before bitcoin, yet their weren't. I think you should remove the world "new" so that everyone knows that crypto currency was the solution or thing that came out of that perfect storm.

[Possum577]

The latest date on the graphic is 2013, will this graphic history be updated to keep up with current events and growth of the currency?

[Bit_Happy]

Over 1,000 BTC per Dollar!
Yes please, where do I sign up?

[Bralex]

That graphic is brilliant. A really good summary of what have happened the last few years.

It really is paints the picture and is easy to read threw the last few years. There was a few things on there that i never knew about, it also hits home how far this has come in these few short years just imagine when it was less than a cent 

Cheers Op this was a good read i am going to save this pic for future reference 

[ajareselde]

Thanks for the share, it trully is a history of bitcoin in short, and may be a good read for newcomers, its certany better than long monotonic
books and articles without graphical content.
I hope you will continue to make those, they're awesome.

cheers

[12345mm]

You neglected to include this:

"The Great Bitcoin Lie"

When people see dollar signs in their eyes , truth is often discarded , but here's the hard truth nobody wants to hear , and is not included in any documentary history of bitcoin. From total obscurity and complete absence of use , bitcoin price was singlehandedly manipulated by 1 fraudulently operated exchange all the way from pennies to $1200 - by MtGox. I know , it's hard to hear and hard to believe , but it's the truth. The sad and true fact is , this was for years the only exchange where bitcoin was traded and where price was determined. From a valuation of pennies until it was being traded in the hundreds of dollars MtGox was the only exchange for the first several years of the history of bitcoin and it was being run as a fraudulent ponzi scheme based off of bitcoin. The entire price discovery period valuation of bitcoin from the very very beginning all the way to the very very top was entirely fraudulently accomplished using insider trading , customer deposits of fiat money , and entirely non-existent money - a house of cards which culminated in the outright theft of nearly 1 million bitcoins and collapse of the exchange. All of the merchant adoption , all of the asic mining arms race , all of the opening of new exchanges , all of the news attention ,  all of the real money put into it , all of it , everything , was predicated on an illegally fraudulently manipulated rising price of bitcoin.

Whether or not bitcoin itself was initially created with this express purpose in mind is debatable , but a distinct possibility exists that this was indeed the intent from the very beginning. Even if bitcoin was not created with the direct purpose of pulling off this con , the con was pulled all the same. Today , it is often argued that this shouldn't matter now , given the current infrastructure built for mining and the number of merchants now accepting bitcoin as payment , but the reality is the price as it exists today , the price as it has been valued , is the direct result of this one complete and total sham exchange. The price today is almost $1000 lower than the heights directly caused by MtGox and has been in continual decline ever since the collapse of the fraudulent exchange , as early buyers and early miners sell the millions of bitcoins they produced in total obscurity , miners who now immediately sell mined coins , and the criminal CEO of MtGox Mark Karpeles continues to cash in his nearly 1 million stolen bitcoins.

[tspacepilot]

Indeed, this is a really high-quality job.  It would be beautiful to print it out and set it up somewhere physically (an elevator shaft, a stairwell?  it's very vertical).  In any case, thanks for this great job.

[Slaxt]

Thanks for the share, it trully is a history of bitcoin in short, and may be a good read for newcomers, its certany better than long monotonic
books and articles without graphical content.
I hope you will continue to make those, they're awesome.

cheers

I have been here awhile and that showed me a few parts of it's history that was so boringly described with wall of texts before that i chose to forget about them which is a shame but true. Yess i agree i hope you carry on designing these for the community and maybe you should leave a address for some tips because you deserve some.

[RAXS]

Every time I read one of those things I just wish I had give more attention to bitcoin when I first saw an article about it somewhere in 2011 or early 2012...

[Zoomer]

Indeed, this is a really high-quality job.  It would be beautiful to print it out and set it up somewhere physically (an elevator shaft, a stairwell?  it's very vertical).  In any case, thanks for this great job.

This is a high quality job i agree totally. Again i agree but that is a brilliant idea to get in printed and put up in them places where public average joe will see it he/she will be sure to read it threw and pay attention because it is a cool history and it is also easy on the eye.

Great job and hope to see more when you get the time your graphical work is some of the best i have seen and i will pm you with some work when ever i have it if you are available.

[koelen3]

You neglected to include this:

"The Great Bitcoin Lie"

When people see dollar signs in their eyes , truth is often discarded , but here's the hard truth nobody wants to hear , and is not included in any documentary history of bitcoin. From total obscurity and complete absence of use , bitcoin price was singlehandedly manipulated by 1 fraudulently operated exchange all the way from pennies to $1200 - by MtGox. I know , it's hard to hear and hard to believe , but it's the truth. The sad and true fact is , this was for years the only exchange where bitcoin was traded and where price was determined. From a valuation of pennies until it was being traded in the hundreds of dollars MtGox was the only exchange for the first several years of the history of bitcoin and it was being run as a fraudulent ponzi scheme based off of bitcoin. The entire price discovery period valuation of bitcoin from the very very beginning all the way to the very very top was entirely fraudulently accomplished using insider trading , customer deposits of fiat money , and entirely non-existent money - a house of cards which culminated in the outright theft of nearly 1 million bitcoins and collapse of the exchange. All of the merchant adoption , all of the asic mining arms race , all of the opening of new exchanges , all of the news attention ,  all of the real money put into it , all of it , everything , was predicated on an illegally fraudulently manipulated rising price of bitcoin.

Whether or not bitcoin itself was initially created with this express purpose in mind is debatable , but a distinct possibility exists that this was indeed the intent from the very beginning. Even if bitcoin was not created with the direct purpose of pulling off this con , the con was pulled all the same. Today , it is often argued that this shouldn't matter now , given the current infrastructure built for mining and the number of merchants now accepting bitcoin as payment , but the reality is the price as it exists today , the price as it has been valued , is the direct result of this one complete and total sham exchange. The price today is almost $1000 lower than the heights directly caused by MtGox and has been in continual decline ever since the collapse of the fraudulent exchange , as early buyers and early miners sell the millions of bitcoins they produced in total obscurity , miners who now immediately sell mined coins , and the criminal CEO of MtGox Mark Karpeles continues to cash in his nearly 1 million stolen bitcoins.

IT never occured to me that they might have been manipulating the price all the time , but as other people are saying , why does it even matter now ?
The bitcoin is/will survive on it's on , no one is manipulating it now and no one can , seeing how much it has grown since then.
So just sit and enjoy the ride

[remotemass]

+1

[Morecoin Freeman]

I love this graphic! Really well done.

[Meuh6879]

can someone repost the initial graphic ?
Thanks

[dearbesz1219]

Wow! never knew the domain was registered in 2008
And that it was freaking 1309.30 btc per 1$
I know Pizza event had a great impact but that it was the first real public BTC transaction , just great.

BTW What happened about those 184 Billion Bitcoins ? I mean i do understand they were deleted but were they picked up by blockchain?
Wikileaks accepted btc as donation ? really ?
So Cyprus was the cause for Bitcoin Hype.

This is awesome , definitely saving it for myself

Yeah really awesome, just because of pizza. according to my friend they paid it through bitcoin, after that bitcoin became popular as time goes by. it all of a sudden gave a value by the people who is business minded. Please correct me if I'm wrong or what.

[requester]

I think till Satoshi comes top real world and inform all then only we could know the exact history of bitcoin otherwise our foolish guess would be just like anything mad. So let's find satoshi first then he will tell us everything about bitcoin, it's birth, it's price history it's idea and whatever we want to know.