itcoins in alternative financial markets. bitcoin is one of the first digital currencies which use...

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itcoins in Alternative financial markets

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Page 1: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments

itcoinsin

Alternative financial markets

Page 2: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments

Bitcoin is one of the first digital

currencies which use peer-to-peer technology to

facilitate instant payments.

Page 3: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments
Page 4: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments
Page 5: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments

2008 2009 2010 2011 2012 2013

Chinese government bans Chinese banks from carrying out bitcoin transactions

5/12/2013

FBI cracks "Silk Road"15/10/2013

Total Bitcoin market capitalization crosses US $1bn.

28/3/2013

First bitcoin conference held in NYC.

20/8/2011

1 Bitcoin equals 1 US $.9/2/2011

Bitcoin economy passes US $1mn.

6/11/2010

The most widely used bitcoin currency exchange market, mt.gox, is established

17/7/2010

First bitcoin transaction to buy a physical product takes place.

21/5/2010

Bitcoin market is established. Trading begins on this site.

6/2/2010

First Bitcoin transaction from Satoshi to Hal Finney took place.

12/1/2009

First version of bitcoin software Bitcoin v0.1 is released

9/1/2009

The first bitcoin block is mined.

3/1/2009

Someone using the name Satoshi Nakamoto makes an announcement regarding the new electronic cash system with no trusted third party on the Cryptography Mailing List

31/10/2008

The domain name "bitcoin.org" is registered.

18/8/2008

Page 6: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments
Page 7: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments
Page 8: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments
Page 9: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments

Payment Freedom Very low fees Fewer risks for

Merchants Security and Control Transparent and

Neutral

Page 10: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments

Degree of acceptance Volatility Ongoing development

Page 11: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments

Current Value

Page 12: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments
Page 13: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments
Page 14: Itcoins in Alternative financial markets. Bitcoin is one of the first digital currencies which use peer-to-peer technology to facilitate instant payments