Fiat deposits BL3P iOS app
Fiat deposits for the pre-alpha iOS testers are from today available. This is the next step to the complete BL3P app experience. Happy trading!
You can apply here: pre-alpha.bl3p.eu
News timeline
News about Bitonic
News about Bitcoin
Bitcoin hashrate record 100 EH/s
Earlier this week SegWit adoption was for the first time above 50%, and now the Bitcoin hashrate has set a new record. For the first tme the hashrate was above 100 EH/s setting the record at 108,5 EH/s!
SegWit adoption above 50%
SegWit, the scaling solution that in 2017 was introduced with the UASF, creates more space in a Bitcoin block. Not every user makes use of this upgrade, but from today half the users do!
Bitonic welcomes the 40th colleagues!
Today Bitonic has welcomed the 40th colleague. This is a great milestone, but certainly not the last. Next one, 50th!
Sponsoring Baltic Honey Badger
Bitonic is this year again the proud sponsor of Baltic Honeybadger at Riga, Latvia. The Bitcoin event, which focuses on Bitcoin and surrounding technologies, was this year a success again. The speakers and panelists spoke about interesting subjects such as privacy, incentives, bitcoin threats, and the Lightning Network.
For more info and videos: hodlhodl.com
Sponsoring Scaling Bitcoin
Bitonic travelled to Tel Aviv to attend Scaling Bitcoin. This scientific and technical event full of interesting workshops was completely focussed on the Bitcoin-protocol. Erlay, Lightning Network, and Miniscripts were discused in great depth. Bitonic thinks it very important to support the Bitcoin ecosystem and therefore was one of the sponsors this year.
For more info and videos: Scaling Bitcoin 2019 or via bitcoin.nl
Lightning Hackday Berlin
The third Lightning Hackday took this year place in Berlin. Various speakers were here to talk in depth about the Lightning development and the associated technical innovations. Eltoo and Schnorr signatures, among other things, were discussed.
More info: Lightning Hackday Berlijn [Dutch]
Miniscript proposal
Pieter Wuille has created a special new language for smart contracts on Bitcoin. Miniscripit makes it easier for developers to create smart contracts or conditions for the spending of bitcoins. Again progress for the Bitcoin network!
Bitonic sells 400.000th bitcoin
A great new milestone for Bitonic. Today the 400.000th bitcoin has been sold. Both Bitonic and Bitcoin have grown a lot since 2012 and together they will keep growing!
Sponsoring Breaking Bitcoin
After the success of Building on Bitcoin last year is Bitonic again a proud sponsor. This year was it in the own city, Amsterdam! At the Beurs van Berlage interesting subjects such as privacy, security, and wallets were discussed. Bitonic was there in great presence, so a succesful event!
For more info and videos: breaking-bitcoin.com
CoreDev Tech Amsterdam
Bitonic has always been involved in the developements surrounding Bitcoin. The Core developers maintain and enchance Bitcoin, and make the further growth of the Bitcoin ecosystem possible. That is why Bitonic is the proud sponsor of CoreDev meetings that this week were in Amsterdam.
BitMerchant service stops
For the worldwide adoption of bitcoin acceptance at webshops, websites, and stores are of great importance. We regret to inform you that we can longer support BitMerchant. However, we still have trust we will offer the service in the future, but why have not a specific date yet.
Erlay proposal
A new proposal for the Bitcoin protocol of Maxwell, Pieter Wuille, Ivan Beschastnikh, and Sasha Fedorova would decrease the transaction bandwith of Bitcoin nodes by 75%. This is another stap in the development of the Bitcoin network.
Bitcoin Pizzaday 2019
9 years ago the first real-world transaction with bitcoin took place. It was the first time that an item from the “real world” was traded for 10.000 bitcoins. The items were two pizza’s! Now we can state that the pizza´s were very expensive, but it has been of great value for the representation of the value of bitcoin.
Bitcoin Core 0.18.0 release
Another upgrade for Bitcoin Core. Version 0.18.0 includes new functionalities, bug fixes, and improvement of the performance of full-node software. Additionally, the new Hardware Wallet Interaction (HWI) tool is also published. This upgrade makes the interaction with hardware wallets possible. To version 0.19.0!
BitMerchant service stops
For the worldwide adoption of bitcoin acceptance at webshops, websites, and stores are of great importance. We regret to inform you that we can longer support BitMerchant. However, we still have trust we will offer the service in the future, but why have not a specific date yet.
Sponsoring Grin Amsterdam
Bitonic always watches the innovation in the cryptocurrency space. Thanks to our years of technical expertise we have great trust in Bitcoin. Nevertheless, there is a great interesting project named Grin. Bitonic is therefore proud sponsor of this innovation and the Grin event in Amsterdam.
For more info and videos: grinamsterdam.com
Today marks 10 years of Bitcoin blockchain
Exactly 10 years ago, the so called 'genesis block' was created: the first block of the Bitcoin blockchain. Satoshi Nakamoto made a statement by inserting the frontpage of that day's The Times newspaper into the code of this first block, as can be seen in the block data.
More information about this event:
2019
Celebrating 10 years Bitcoin whitepaper
Exactly ten years after the Bitcoin whitepaper publication, Financieel Erfgoed foundation and Bitonic host an event to celebrate the fundamental write-up of the Bitcoin protocol.
For more info about this event: Celebrating 10 years Bitcoin whitepaper
Building on Bitcoin
At the start of July, Building on Bitcoin, or just BoB, took place. Building on last year's Breaking Bitcoin conference in Paris, a large group came together in Lisbon. Bitonic was there to witness the talks and join the discussion. BoB focussed on further building the Bitcoin protocol and applications to use Bitcoin.
Bitonic's 6th birthday!
Celebrates its sixth birthday! Only six years ago, on May 1 2012, Bitonic was officially founded. This is a big milestone for us a a Bitcoin company, and will be celebrated as such…
BL3P welcomes new users
BL3P is growing and accepts new users again, upon invitation. A growing number of users embrace the platform, providing a stable backbone for future growth.
2018
Bitcoin price reaches $10.000 mark
Bitcoin reaches the milestone $10.000. World news: Bitcoin prices surpass the ten thousand dollar mark. Bitonic makes the national news with an item in its Amsterdam office.
Failed Segregated Witness 2x
Segregated Witness 2x activation fails after rejection by the Bitcoin community. Regarded as an attack on the core blockchain, the battle results in a significant victory for Bitcoin.
Segregated Witness is a fact!
The activation of “Segregated Witness” (abv.: SegWit) in the Bitcoin Protocol is here. This is a huge step, meaning enhancements in security and scalability of Bitcoin.
Miners activate BIP91
A new step in the activation of Segregated Witness: miners activated BIP91. This brings the optimisation SegWit offers one step closer, a positive development for Bitcoin.
BIP148 is here
The bitcoin community shows its strength in a joined effort, by forcing an “User Activated Soft Fork” to enable Segregated Witness (SegWit). This is to ensure safe scaling and growth of the Bitcoin network.
Bitcoin price $2100 & Bitcoin Pizza Day
Today the price of one bitcoin reached heights of over $2100 (€1895), breaking its previous all-time-high record. Cause for celebration, more so as today marks the 7th anniversary of the first time bitcoins represented real-world value: two pizzas were purchased for 10.000 bitcoins in 2010 :-)
BL3P live throughout Europe!
BL3P, the Dutch Bitcoin exchange by Bitonic, is available to all European countries starting today. Anyone living in the SEPA zone with a SEPA bank account can now sign up and start trading bitcoins at BL3P.
Segregated Witness activated on Litecoin
Segregated Witness (SegWit) will be active on Litecoin in two weeks. Litecoin is one of the first altcoins that started in the early days of Bitcoin. By activating SegWit Litecoin is now more technically advanced than Bitcoin: higher transaction capacity and ready for innovations such as the Lightning Network.
Bitonic opens second office in Amsterdam!
Bitonic started in Driebergen and moved to Baarn in April 2014. In 2017 we opened a second office in Amsterdam to facilitate our growth and ambitions :-)In addition to at our office in Baarn we will now also be able to receive you at Weesperstraat 394-396 in Amsterdam!
Bitonic is celebrating its fifth anniversary!
Bitonic was officially founded five years ago, on May 1, 2012. This is a significant milestone for us as a Bitcoin company, so Bitonic will be celebrating throughout May!
Bitcoin price reaches all-time-high
It’s official, the price of a single bitcoin is higher than ever. The previous all-time-high was in 2013, when bitcoin was traded for prices up to $1175 on several Bitcoin exchanges. Today, the price is higher than it was in 2013. A historic moment in the history of Bitcoin.
Today is Bitcoin's 8th birthday!
The first block in the Bitcoin blockchain was mined by Satoshi Nakamoto on January 3rd, 2009 - eight years ago.
2017
Bitcoin.nl is now live!
Bitcoin.nl is a new initiative by Bitonic. Our mission is to provide reliable and current news for all information relevant to Bitcoin. A good source of information is an important starting point for anyone who wants to learn more about Bitcoin.
16 million bitcoins have been mined
The sixteen millionth bitcoin was mined today in block number 440.000. The block reward of 12.5 bitcoins in this block pushed the total amount of bitcoins in circulation to over 16 million.
Segregated Witness integrated in Bitcoin Core 0.13.1.
After an extensive testing period on the Bitcoin testnet, this is the first version of Bitcoin Core to include Segregated Witness for the Bitcoin mainnet. Miners are now able to signal that they will switch to this implementation. Segregated Witness will activate when 95% of the miners support the switch.
Scaling Bitcoin 2016: Retarget — Milan.
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It has been 10 months since the last Scaling Bitcoin workshops took place in Hong Kong, China. This year the workshops were held in Milan, Italy. Bitonic was a sponsor of the event, as we feel it is important to support Bitcoin development and initiatives that aid the technical consensus-building process.
Dutch Blockchain Conference 2016
Today, the Dutch Blockchain Conference 2016, previously Dutch Bitcoin Conference, took place. It was hosted at the KPMG headquarters and tickets for the event were completely sold out - "Blockchain" is hot ;).
Bitonic sponsored the event. In addition, we launched a proof-of-concept that provided every attendee with some tokens that could be exchanged for other tokens. A successful day with many positive reactions. Read more about our proof-of-concept and our new service called ownchain
Report Scaling Bitcoin workshops part II - Hong Kong, China
A while ago part II of the Scaling Bitcoin Workshops took place and a lot has happened since then. After the first workshop in Montreal, this time also two representatives (Jouke & Niels) from Bitonic traveled to Hong Kong to attend the second workshop.
In this report we would like to not only refer to the Hong Kong event, but also to the events that occurred in the meantime. We discuss in this report the roadmap of Core Developers, the difference between a soft forks and hard forks and the status of a number of developments, such as Lightning Network.
COREDEV EVENT ~ ZURICH
Invitation only developer events for hacking together on Bitcoin-Core and related projects. The Bitcoin-Core development team is distributed all over the world. Sometimes is good to come together and discuss and work face to face.
Bitonic was sponsor
More info: Coredev.tech
Bitonic exist four years!
May 1 we already existed four years and this is traditionally celebrated with a BBQ @ HQ Bitonic
New winner in our team
Michiel Biersteker - Allround Developer
Michiel (a.k.a. Gielbier) has a study background in Medicine, but has turned his Bitcoin-hobby into a career at Bitonic. From a young age Michiel played around with Qbasic, VisualBasic and Delphi, as well as PHP/HTML/Flash for website design.
More recently, Michiel has started to use PHP/NodeJS to design web applications. This experience will prove useful for Bitonic, as here Michiel will take on the role of app developer for various projects.
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BL3P live in The Netherlands!
After testing in the closed beta phase, BL3P is now open for everyone in The Netherlands with a bunq bank account. We tested and optimized BL3P, with help of the users from our beta phase. Thanks for your testing and feedback!
You can register at BL3P if you have a bunq bank account. Are you not yet using bunq? Download the bunq app and open a free bank account.
Launch of Segregated Witness Testnet
This represents one of the most hotly anticipated and exciting developments to date that is an important foundation for many future improvements and innovations. Segregated Witness frees up space on the Bitcoin blockchain by securely moving transaction signature data to a specially delegated “Segregated Witness” data structure outside of the transaction block.
Bitonic Puzzle 2016!
Just before New Year, we sold our 200 000th bitcoin! We are very proud to have come this far and would like to thank our customers for making this happen.
To celebrate this, we created five bitcoin-related puzzles. The solution to each puzzle was a key required to start (and sometimes solve) the next.
The puzzle is still online: Puzzle 2016
2016
Scaling Bitcoin workshop II - Hong Kong, China
Part two of the Bitcoin scalability workshops. While the first conference served as input to solutions, focusing on analysing the problem, this conference serves as output; here, solution to the problem are presented.
Read more on: Scalingbitcoin.org
Report Scaling Bitcoin workshops - Montreal, Canada
Bitonic attended the 'Scaling Bitcoin' workshops in Montreal, a conference aimed at exploring the issues and hurdles surrounding Bitcoin's scalability.
We wrote about our findings here here.
Scaling Bitcoin workshop I - Montreal, Canada
In recent months, the Bitcoin development community has faced difficult discussions on how to safely improve the scalability of the Bitcoin network without affecting its decentralized nature. To aid the technical consensus building process, there is a pair of workshops...
Read more on:Scalingbitcoin.org
BL3P is TabTrader ready!
Our exchange BL3P has been integrated into TabTrader.
TabTrader is a free mobile trading terminal. Fast price charts with technical indicators, drawing and trading directly from charts. Includes widget. Price alerts by push notifications. Newsfeed from Reddit, Coindesk, Bitcoin Magazine.
New addition to our team!
Jeroen Rijnbout
Jeroen has a BSc in Artificial Intelligence from the University of Amsterdam and will be starting his MSc in Computational Finance next year; an all-rounder with a perfect mix of technical know-how and financial knowledge. At Bitonic, Jeroen will be focusing on some of the technical challenges facing Bitcoin.
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Bitcoin 'stress-tests'
Due to a large influx of transactions the last few days the Bitcoin network is under pressure. Apart from a record breaking number of transactions being handled by the Bitcoin network, there are few problems as a result of this stress-tests.
A new milestone
Bitonic sells 175,000th bitcoin
Today we sold our 175,000th bitcoin!
To reach this milestone, we only needed a bit more than 3 years. 200,000 bitcoins, here we come!
Dutch National Bitcoin Congress 2015
Today the second Dutch National Bitcoin Congress was held, organized by Rutger van Zuidam and Vincent Everts. Last year the event was held at ABN AMRO, this year it was held at the ING Head Quarters.
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p>Our colleague Jouke was interviewed by Vincent Everts and asked about the experiences he’s had with Bitonic and Bitcoin in the Netherlands. The day was a success, with many interesting speakers. Bitonic not only sponsored the event, we also took care of the access badges and we were hosting a stand at which people could experiment with Bitcoin.
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We’re already looking forward to the 2016 edition! If you want to get an impression of this year’s event, click here
Ordina/Bitonic seminar in cooperation with Holland FinTech
Today we organized our 3rd joined event with Ordina. During this edition we enjoyed the cooperation of Holland FinTech - a huge gain!
In a seminar hosted by George van Hout, a full room listened to many very interesting speakers. The theme was: 'Enabling the sharing economy', on which different experts gave his or her vision on today’s technological changes.
For more information about this seminar: Seminar Enabling the sharing economy
3-year anniversary
We celebrated our 3-year anniversary traditionally with a BBQ
Bitonic Fintech Award winner
Today Bitonic has won the Dutch Fintech award in the Bitcoin category - one of the awards for the most promising financial startups. This is an achievement which we are very proud of!
Bitonic reaches milestone!
The sale of the 150,000th bitcoin is a fact.
Thursday, January 15, 2015 we have reached a new milestone: the 150,000th bitcoin is sold through bitonic.nl! Something we could only dream of when we started our company less then three years ago with a stock of 100 bitcoins.
New colleague
Bianca Buurman
Bianca has joined the team to coordinate marketing and business development activities. Bianca has over 10 years experience in the recruitment industry in both commercial, coordination and support roles. With this broad experience, she is a true midfielder! In addition, she shares a passion for developments in society, such as Bitcoin.
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2015
First supermarket in The Netherlands to accept Bitcoin
Spar Arnhem Central station accepts bitcoin starting today.
Payement provider NCR announces:
Their system will support bitcoin payments in the near future.
Paypal gets along with bitcoin
Donations Bits of Freedom
using Bitonic
Starting today, the bitcoin donations to the Dutch electronic freedom foundation Bits of Freedom are handled via our BitMerchant.
Dell accepts bitcoin payments
New colleague
Jonneke Hofman
Jonneke studies International Business Management (MBA) at Stanford International University in Bangkok, Thailand. Jonneke will be researching international possibilities and challenges of Bitcoin. She will also be looking into the Chinese market.
Music service Grooveshark accepts bitcoin
Daan Schröder
Daan Schröder will be the 11th member to strengthen our team. As project manager, Daan will be responsible for making sure all projects at Bitonic run smoothly.
Risk & Compliance
Geert Blom
Geert Blom will be focusing on all matters related to Risk & Compliance, ensuring that, through Enigma Consulting, BL3P & BitMerchant's Risk & Compliance is covered.
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Newgg accepts bitcoin
The American webshop Newegg, with a revenue of over two billion dollars a year, now accepts bitcoin.
US Marshals auction Silkroad-bitcoins
The American invester Tim Draper wins all ten blocks of a total of almost 3.000 bitcoins.
Expedia.com accepts bitcoins for hotel reservations
Back-end developer
Erik Roijackers
Erik is a freelance programmer, experienced in developing software for various banks. Erik will be using his knowledge and skills to support the development of our exchange BL3P.
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DISH announces to be accepting bitcoins soon
Mollie integrates bitcoin as payment method through Bitonic
Bitcoin payments receiving in euro through Mollie. With this you can accept worldwide Bitcoin payments without any risk.
New addition to our team!
Giuseppe Mazzotta
Giuseppe, originally from Palermo, Italy, has many years of experience as back-end developer at various companies. Giuseppe is a great addition to our team as Systems Analyst & Software Developer.
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Bitonic celebrates 2 years!
Actually in April, officially May 1st, 2014.
On May 1st 2012 Bitonic officially opened, with only 100 bitcoin in stock (valued at about 5 euro a piece at that time).
Bitcoin at Bloomberg
Bloomberg shows the bitcoin exchange rate within their Professional service
New addition to our team
Annelot de Wit
As fifth member of our team at Bitonic, Annelot will be focusing on optimizing customer support, company planning and HRM.
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Chicago Sun-Times accepts bitcoin
Moved again
Oude Utrechtseweg 17C, Baarn
We needed more space, from only 30 m2 to more than 170 m2.
Milestone:
Bitonic sells its 100,000th bitcoin
In less than 2 years we've sold our 100,000th bitcoin, which is also a milestone for Bitcoin in the Netherlands.
MtGox confirms retrieval of 200.000 bitcoins
De Nederlandsche Bank: 'bitcoin is very innovative'
MtGox offline
Bug creates technical problems
Several Bitcoin services are affected
Withdrawing bitcoins temporary not possible at MtGox
Apple removes Blockchain-app from app store
Charlie Shrem (BitInstant) arrested at JFK
An exchange
Exchange BL3p (private beta) launched
We released our exchange platform, codenamed BL3p, to a select group of test users. The trading engine has been developed by an external party with years of experience in the financial world.
Fidor Bank introduces Bitcoin derivatives market
Overstock.com accepts bitcoin
Winning Poker Network also accepts bitcoin.
Zynga accepts bitcoin payments
For Farmville 2 and other games.
License request:
Guided by: Enigma Consulting B.V.
January 1st we officially started the request for a license with the Dutch Central Bank. We hired Enigma to help us in this process.
2014
Value Bitcoin reaches peak: $1240
Even more valuable than gold.
Bank of America publishes report:
Values bitcoin at $1300.
China's payment processors tells:
don't trade with bitcoins.
Bank of China forbids trading bitcoin
Crash to $600, but recovers to $900.
Daan Kleiman
Daan is responsible for marketing and business development. In addition, Daan is also responsible for the Bitonic Academy.
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Third employee
Matthijs de Waard
Matthijs de Waard joins our team. Matthijs' responsibilities include customer service, financial department support and human resources.
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Bitcoin reaches a new milestone: $1000
The Fed chairman Ben Bernanke speaks:
Bitcoin has a promising future.
Thuisbezorgd.nl accepts bitcoin
Bitcoin in the dictionary
Meanwhile the word bitcoin is mentioned in the Dutch dictionary Dikke van Dale.
New addition to our team
Pieterjan Goppel
Pieterjan has years of experience from his own online back-up storage company (mindtime) and started at BTCNext in 2013. This knowledge and experience are a perfect addition to Bitonic's commercial activities.
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Merger Bitonic & BTCNext
Bitonic is taking over BTCNext! Pieterjan Goppel will be the third addition to our team!
FBI closes Silkroad
FBI takes up 26.000 bitcoins.
BitMerchant Live
Starting now, (web)shops will be able to accept bitcoins as payment through BitMerchant!
Second addition to our team!
Roy van Zanten
As medior developer at Bitonic, Roy will be responsible for the technical implementation of BitMerchant.
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First addition to our team!
Wouter van Medevoort
Wouter will be responsible for all financial matters within Bitonic.
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Gyft accepts bitcoin
Anniversary
Bitonic was founded one year ago!
Bitonic's first anniversary will be celebrated at our new offices in Driebergen.
Bitcoin reached the value of $ 200
Bitcoin on Dutch evening news
Moved
Office in Driebergen
Until now Bitonic was operated from Robert's living room, the time had come to get some office space.
Bitcoin reached the value of $ 100
Market capitalisation reaches 1 billion dollar
2013
Wordpress.com accepts bitcoin
ECB publishes about Bitcoin
The European Central Bank has published a document about e.g. bitcoin.
Bitcoin Foundation starts
Gavin Andresen announces start of the Bitcoin Foundation
Selling bitcoins
Bitonic will start buying bitcoins through our website.
Customers will now be able to sell their bitcoins to us. The funds will be transferred the next business day. This makes trading bitcoins much easier and faster, now that no international bank transfers to exchanges are involved.
Registered KVK Bitonic v.o.f.
Bitonic B.V. originally started as V.O.F. on May 1, 2012.
Lift off!
iDealcoin launched
Within 24 hours we served our first customers.
Idealcoin.nl becomes Bitonic.nl
"Bitonic", an anagram to Bitcoin, will be our new brand name starting June 12, 2012.
Baby steps
iDealCoin
Before Bitonic, there was: idealcoin.nl.
Jouke Hofman, Robert de Waard & Niels van Groningen
Find a solution to a problem
Buying Bitcoins was pretty difficult in 2012. Jouke, Robert en Niels made it their mission to solve this: Buying bitcoins easily using the Dutch payment system iDeal.
Tradehill.com closes
Tradehill, One of the biggest bitcoin-exchanges at the time, closes for business because of persistant problems with financial partners.
TV debut for Bitcoin
Bitcoin is introduced in popular culture via American tv series "The good wife"
2012
Wikileaks accepts bitcoin donations
1 bitcoin equals 1 dollar
2011
2 pizza's sold for 10,000 bitcoin
Must have been the tastiest pizza ever ;)
2010
First bitcoin-transaction
Less than two weeks after the Bitcoin network officially started, the first registered bitcoin-transaction is propagated.
Bitcoin-netwerk kicks off
The "Genesis block" has been mined!
2009
Bitcoin white paper
"Bitcoin: A Peer-to-Peer Electronic Cash System" by Satoshi Nakamoto
2008