2011

This is the approved revision of this page, as well as being the most recent.
2011 was the third year since the launch of Bitcoin. Dollar parity was achieved as Satoshi Nakamoto departed.

Contents

EventsEdit

JanuaryEdit

FebruaryEdit

  • 09 – Bitcoin achieves dollar parity. 1 bitcoin trades for 1 US dollar on Mt. Gox.
  • 10 – News of dollar parity attracts significant attention; bitcoin.org struggles to handle the traffic.
  • 14 – For the first time, a vehicle is offered for a sum of bitcoins. It was a 1984 Celica Supra for 3000 BTC. A buyer was never found.

MarchEdit

  • 01 – Jed McCaleb sells Mt. Gox to Mark Karpelès.
  • 06 – The network hashrate briefly doubles.
  • 18 – BTC/USD exchange rate reaches a 6-week low point at almost $0.70/BTC, after what appeared to be a short burst of possibly automated sales at progressively lower prices. The price had been declining since dollar parity.
  • 22 – WeUseCoins publishes What is Bitcoin?, which became a viral hit.
  • 25 – Difficulty decreases for the second time ever.
  • 27 – Britcoin is established, opening the first Bitcoin exchange for the Pound Sterling.
  • 31 – Bitcoin Brazil is established, opening the first Bitcoin exchange for the Brazilian real.

AprilEdit

  • 05 – Bitmarket.eu is established, opening the first Bitcoin exchange for the Polish złoty.
  • 12 – The first Bitcoin put option contract is sold on Bitcoin-OTC.
  • 16 – TIME publishes an article on Bitcoin.
  • 23 – The exchange rate reaches parity with the Euro and Pound Sterling.
  • 27 – VirWoX is established, opening the first Bitcoin exchange for the Linden dollar.
  • 30 – Difficulty tops 100,000.

JuneEdit

  • 02 – The Mt. Gox exchange rate reaches an all-time high of $10.
  • 08 – The 2011 bubble tops at over $30, and pops in the following week.
  • 13 – allinvain reports the theft of 25,000 BTC, worth $375,000.
  • 19 – Mt. Gox is compromised.
  • 24 – Difficulty tops 1,000,000.

SourceEdit


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