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2007: "Satoshi Nakamoto" began working on the Bitcoin concept in 2007. Nakamoto may be more than one person.

Aug. 2008: Bitcoin.org was registered.

May 2010: The first, real-world transaction using Bitcoins took place when programmer Laszlo Hanyecz offers to pay 10,000 Bitcoins for a pizza, around U.S. $25.

2012: The first Bitcoin exchange to be licensed as European bank was Bitcoin Central.

2013: Bitcoin hit an all-time high of U.S. $266, up from only $13 the year before.

Jan. 2014: Mt. Gox, a Tokyo-based Bitcoin exchange, announced $450 million in Bitcoin "lost."

Nov. 2017: Bitcoin hit a peak of $19,783 and split in what has been called the Bitcoin Cash hard fork.

2018-2019: Bitcoin's bubble burst and the price steadily declined over the year.

Is crypto making a comeback?

There are numerous cryptocurrencies being used these days. And Bitcoin stands out from the rest of the pack.

Why? Well, the answer can be summed up to the huge fluctuation of the price.  The price topped $5,000 this week. But,

Bitcoin had lots of eyeballs when the price of a bitcoin surged to $19,783 in 2017. This was a huge difference from 2011, when the price per Bitcoin was $0.30.

But, the Bitcoin bubble burst and the price promptly fell. 

Interestingly, Bitcoin came into the scene in 2007 when the developer Satoshi Nakamoto developed it in 2007. However, no one knows who Nakamoto is.

But the first, real-world transaction using Bitcoin took place in 2010 when programmer Laszlo Hanyecz offered to pay 10,000 Bitcoins for a pizza, around U.S. $25.

Watch the brief timeline of Bitcoin in the video above.

Related. Bitcoin Comeback? Cryptocurrency Briefly Tops $5,000 in Mystery Overnight Surge

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