Satoshi Nakamoto publishes a white paper outlining Bitcoin and Blockchain technology through a cryptography mailing list.
The first bitcoin is mined and thus Bitcoin is officially born.
A Florida man uses 10,000 bitcoin to buy a pizza, officially becoming the first person to use bitcoin for a real world transaction.
Jed McCaleb founds the first bitcoin exchange, Mt. Gox.
As bitcoin starts to gain a larger following and receives more media attention the price rises to $50
Concerns arising from the banks in Cyprus cause the price of bitcoin to soar to over $260
As Chinese media coverage on bitcoin grows a rally that will drive the price all the way to $1,200 kicks off.
China issues warning to consumers about the risks of virtual currencies and bars financial institutions from using bitcoin and associated virtual currencies. The price proceeds to plummet to slightly above pre-bubble levels.
Bitcoin merchant adoption experiences significant growth as the largest companies yet (such as Expedia, Dell, NewEgg, Overstock, and Microsoft) move to embrace bitcoin. As a result, bitcoin use flourishes as bitcoin wallets created surpass 7,000,000.
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