Crypto9 min read
The History of Bitcoin: From $0 to $100K
From a whitepaper to a trillion-dollar asset — Bitcoin's history is a masterclass in resilience.
Genesis (2009)
January 3, 2009. Satoshi Nakamoto mines block 0. Embedded message: "Chancellor on brink of second bailout for banks."
Early Years
- 2010: 10,000 BTC for two pizzas (~$25)
- 2011: Bitcoin hits $1, then crashes
- 2013: Silk Road attention. Price to $1,000, then falls
- 2014: Mt. Gox collapses. 850,000 BTC lost. "Not your keys" lesson learned
Scaling Wars and Forks
- 2017: $20,000 ATH. Bitcoin Cash fork. ICO mania. SegWit activated
- 2020-2021: Institutional adoption. MicroStrategy, Tesla buy BTC. $69,000 ATH
The Road to $100K
- 2024: Spot Bitcoin ETFs approved. Halving. Price passes $100K
- 2025: Sustained institutional flow, regulatory clarity, emerging market adoption
Key Themes
Volatility is the price of returns. Narrative shifts from "digital cash" to "store of value" to "institutional asset." Infrastructure matures. Bitcoin has never been successfully attacked. Fixed supply + growing demand = the math.
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