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Bitcoin is 14 years old: Bitcoin’s prominent milestones

Bitcoin is 14 years old!
Bitcoin is 14 years old: Bitcoin’s prominent milestones

Bitcoin turned 14 years old. If you remember, Bitcoin was first brought to life by a person or group of developers with the pseudonym Satoshi Nakamoto. The first Bitcoin transfer took place between Harold Thomas Finney, a software developer at PGP Corporation, and Satoshi Nakamoto. Let us remind you that the first commercial transaction was made at a local pizza restaurant in Florida, by purchasing 2 pizzas for 10 thousand Bitcoin. 

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In 2013, Bitcoin’s total value exceeded $1 billion, marking a new milestone. Although the markets turned upside down when the Bitcoin exchange Bitfinex stole 120,000 bitcoins in August 2016 , by December the market value of bitcoins in circulation had exceeded $14 billion, setting a new  record. Nearly 15 days after the news of the record $14 billion, Bitcoin’s value exceeded $1,000.

In November 2017, while the interest in buying Bitcoin in internet searches in the USA surpassed the interest in buying gold , Bitcoin settled on the agenda with a new record of $ 8315By the end of November, bitcoin  approached the 10 thousand dollar threshold. Bitcoin, which broke records over the years, broke a new record by exceeding $ 20 thousand in 2020. 

Reaching $ 68 thousand with the prominent developments of 2021, Bitcoin is currently traded at $ 16,718.90 due to the decline in the crypto market. You can review our article that we shared with you last year to examine the prominent milestones of this revolutionary cryptocurrency in full detail.

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