Bitcoin 2017 Chronicle Review

2017 has come to an end. This year, Bitcoin has experienced great ups and downs. Central bank regulation, Bitcoin fork, breaking through $10,000 and other events have made Bitcoin more familiar to more people. It was once nicknamed "Internet celebrity Bitcoin" by netizens! Below, Wabi.com will review the major events of Bitcoin in 2017 for you. See how much do you know?

January

January 6

The People's Bank of China and its Shanghai headquarters held talks with three Bitcoin exchanges - Huobi, Bihang and Bitcoin China - in Beijing and Shanghai respectively. /news/19732.html

January 11

The central bank inspection team entered Bitcoin and Litecoin trading platforms such as "Bitcoin China", "Huobi.com" and "Bihang" today to conduct on-site inspections. /news/19799.html

January 12

Bitcoin China, Huobi.com, and OKCoin have recently taken some "deleveraging" measures, restricting or suspending "financing" and "currency financing" of Bitcoin spot. /news/19880.html

January 22

The three major domestic Bitcoin trading platforms all announced that they would start charging transaction service fees from January 24. /news/19908.html

February

February 8

The Business Management Department of the People's Bank of China interviewed the heads of nine bitcoin trading platforms in Beijing. /news/19969.html

Huobi, OKCoin and Bitcoin China, the three major Bitcoin trading platforms, have all suspended withdrawals of Bitcoin and Litecoin. /news/19979.html

March

March 11

The US Securities and Exchange Commission (SEC) officially released a report saying that it has rejected the Bitcoin ETF, and BTC fell 10% in response. /news/20289.html

April

April 1

Bitcoin will become a legal payment method in Japan, and 260,000 stores in Japan will accept Bitcoin payments. /news/20412.html

3831 BTC stolen from South Korean Bitcoin exchange Yapizon, users will share all losses. /news/20628.html

May

May 12

Ransomware virus swept the world, and the price of Bitcoin fell by nearly $100. /news/20775.html

May 31

OKCoin will open Bitcoin and Litecoin withdrawals in the evening! The daily limit for each person is 20 BTC. /news/20891.html

June

The China Miners Alliance announced that it will accelerate the implementation of the New York Consensus expansion plan. /news/20991.html

July

Bithumb, South Korea's largest digital currency exchange, was hacked, and billions of won of users' funds disappeared. /news/21091.html

The operator of Bitcoin exchange BTC-e was arrested for 4 billion yuan! /news/21151.html

August

August 1

The first Bitcoin Cash block was created, containing 6,985 transactions. /news/21208.html

ICO regulation is an inevitable trend, and the Central Bank of Singapore has issued a series of ICO risk warnings. /news/21201.html

August 24

Bitcoin Segregated Witness Officially Activated

September

September 4

Beijing launches ICO clearance work. /news/21315.html

September 14

Bitcoin China announced that it will stop all trading operations on September 30. /news/21339.html

Bitcoin mining may enter the 7-nanometer era, and the giant GMO said it will start mass production in May next year. /news/21337.html

September 15

Beijing issued a notice to shut down Bitcoin exchanges. /news/21344.html

September 26

Bikan announced on its official website that it will close related businesses on September 30. /news/21371.html

October

Domestic trading platforms have stopped trading RMB and Bitcoin and are turning to overseas markets. /news/21491.html

November

November 29

Bitcoin breaks through the $10,000 mark! /news/21590.html

December

December 11

Chicago Board Options Exchange CBOE launches Bitcoin futures. /news/21613.html

December 17

Chicago Mercantile Exchange CME Bitcoin futures are officially listed.

Bitcoin K-line and event relationship diagram (click to see the larger image)

2017 has ended and 2018 has arrived. Many industry analysts expect that the price of Bitcoin will soar in 2018. The CEO of FunFair Technologies also predicted that "2017 is the year of Bitcoin, and 2018 will be the year of Ethereum". In short, 2018 is another year that people are looking forward to.