News about Bitonic

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.

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.

-BL3P live throughout Europe!

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.

-Bitonic opens second office in Amsterdam!

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 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!

Birthday Bitonic is now live! is now live! 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.

-Scaling Bitcoin 2016: Retarget — Milan.

Scaling Bitcoin 2016: Retarget — Milan.



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.

Read our report Scaling Bitcoin Milan

-Dutch Blockchain Conference 2016

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

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.

Report Scaling Bitcoin II

-Bitonic exist four years!

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.

-Bitonic  Puzzle 2016!

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

-Report Scaling Bitcoin workshops - Montreal, Canada

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

-BL3P is TabTrader ready!

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.

Download the App from here

New addition to our team!-Jeroen Rijnbout

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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A new milestone-Bitonic sells 175,000th bitcoin

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

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.


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.



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

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

3-year anniversary

We celebrated our 3-year anniversary traditionally with a BBQ

-Bitonic Fintech Award winner

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! 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

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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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.

New colleague-Jonneke Hofman

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.

-Daan Schr&ouml;der

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

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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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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New addition to our team!-Giuseppe Mazzotta

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.

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).

New addition to our team-Annelot de Wit

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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Moved again-Oude Utrechtseweg 17C, Baarn

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


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.

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.

License request:-Guided by: Enigma Consulting B.V.

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.

-Daan Kleiman

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

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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New addition to our team-Pieterjan Goppel

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 &amp; BTCNext

Merger Bitonic & BTCNext

Bitonic is taking over BTCNext! Pieterjan Goppel will be the third
addition to our team!

-BitMerchant Live

BitMerchant Live

Starting now, (web)shops will be able to accept bitcoins as payment
through BitMerchant!

Second addition to our team!-Roy van Zanten

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

First addition to our team!

Wouter van Medevoort

Wouter will be responsible for all financial matters within Bitonic.

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Anniversary-Bitonic was founded one year ago!


Bitonic was founded one year ago!

Bitonic's first anniversary will be celebrated at our new offices in

Moved-Office in Driebergen


Office in Driebergen

Until now Bitonic was operated from Robert's living room, the time had come to get some office space.

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.

Registered KVK Bitonic v.o.f.

Bitonic B.V. originally started as V.O.F. on May 1, 2012.

Lift off!-iDealcoin launched

Lift off!

iDealcoin launched

Within 24 hours we served our first customers. becomes becomes

"Bitonic", an anagram to Bitcoin, will be our new brand name starting
June 12, 2012.

Baby steps-iDealCoin

Baby steps


Before Bitonic, there was:

Jouke Hofman, Robert de Waard & Niels van Groningen-Find a solution to a problem

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.

News about Bitcoin


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:

Today marks 10 years of Bitcoin Blockchain


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 :-)

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.

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.


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.

Bitcoin mailing list announcement by Pieter Wuille


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:

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.


Benefits of SegWit


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:

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

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.


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

Dell accepts bitcoin payments

Music service Grooveshark accepts bitcoin

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. accepts bitcoins for hotel reservations

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.

Bitcoin at Bloomberg

Bloomberg shows the bitcoin exchange rate within their Professional service

Chicago Sun-Times accepts bitcoin

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

Fidor Bank introduces Bitcoin derivatives market accepts bitcoin

Winning Poker Network also accepts bitcoin.

Zynga accepts bitcoin payments

For Farmville 2 and other games.


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.

Bitcoin reaches a new milestone: $1000

The Fed chairman Ben Bernanke speaks:

Bitcoin has a promising future. accepts bitcoin

Bitcoin in the dictionary

Meanwhile the word bitcoin is mentioned in the Dutch dictionary Dikke van Dale.

FBI closes Silkroad

FBI takes up 26.000 bitcoins.

Gyft accepts bitcoin

Bitcoin reached the value of $ 200

Bitcoin on Dutch evening news

Bitcoin reached the value of $ 100

Market capitalisation reaches 1 billion dollar

2013 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 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"


Wikileaks accepts bitcoin donations

1 bitcoin equals 1 dollar


2 pizza's sold for 10,000 bitcoin

Must have been the tastiest pizza ever ;)


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!


Bitcoin white paper

"Bitcoin: A Peer-to-Peer Electronic Cash System" by Satoshi Nakamoto