What happened to bitcoin?

As Bitcoin's price continued to rise, so too did its visibility, popularity and volatility. By November 2013, Bitcoin prices reached $1,000. Bitcoin prices and trading volumes really started to snowball in late 2017 – with prices hitting $10,000 per coin for the first time in November 2017 – and reached about $20,000 in December 2017.

What is bitcoin's birthday?

Thirteen years ago on January 3, bitcoin officially launched after what’s known as the Genesis Block was mined. Though the bitcoin whitepaper was released by Satoshi Nakamoto, the pseudonym used by bitcoin’s creator or creators, on October 28, 2008, many say its mint date of January 3, 2009 represents the cryptocurrency’s birthday.

When did bitcoin start?

Bitcoin first became available to buy, sell and trade on online exchanges in 2010. In April 2011, the price of Bitcoin crossed the $1 threshold for the first time. Bitcoin also faced its first competition in the crypto space in 2011. Litecoin (LTC) was launched in October 2011. The Ethereum blockchain went live several years later in 2015.

How much is bitcoin worth today?

Less than a year later, however, its value has dropped to about $6,400, according to digital-currency website CoinDesk, whose Bitcoin Price Index tracks prices from several key exchanges. Still, even though bitcoin is worth a lot less today than it was at its peak, if you invested $1,000 five years ago, you would have made a profit.