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Bitcoin's History Begins on the Blockchain, Here's 8 Notable BTC Transactions for the Ages


There is nothing special about any BTC transactions. There are over 300,000 such transactions daily. However, occasionally, a transaction occurs on the BTC network and becomes one for the history books. Here are the top eight such transactions.

First Transaction For BTC

BTC between two addresses. It is the only transaction known to have been made by Satoshi. On January 2009, Satoshi sent 50 BTC to Hal Finney. The transaction occurred on block 170. At the time, the cost of this transaction was 0 BTC.

First Bitcoin-Fiat Sale

This first sale of BTC for fiat is known to have taken place on October 12, 2009, when Martti Malmi sold 5,050 BTC for just $ 5.02. The fiat was sent through PayPal. BTC is sent to the BTC at the time, one had to mine it.

That Pizza Purchase

One of the most famous follies in the BTC world occurred on May 22, 2010, when Laszlo Hanyecz bought a pizza for 10,000 BTC. The transaction is recorded in block 57043. He sent 10,000.99. The 0.99 BTC on top was for the miner's fee.

Mt. Gox Transaction

They will send a few satoshis using it. However, the CEO of Mt. Gox had a different idea. When he was asked to prove ownership, he moved to huge amount of BTC from one address to another.

On June 23, 2011, 442K BTC were sent to two addresses in one transaction, this included 424K BTC to one of the addresses. This remained the largest BTC amount ever felt until the record was broken in November of the same year.

Huge Transaction Fee

In 2013, Redditor was in distress and he wondered if he could stop a lot of BTC. BTC had gone through and he was charged. Eventually, the mining pool, which confirmed the transaction, gave him 7.5 BTC as a consolation.

BTC Fake Murder

On March 31, 2013, Dread Pirate Roberts, the operator for the Silk Road sent 1,607 BTC to redandwhite for a person on the marketplace. However, it was probably that redandwhite was the blackmailer and the assassin. However, the transaction went through.

US Marshals Silk Road Auction

On July 21, 2014, about 30,000 BTC went to the winning bidder in an auction by US Marshals who were selling off assets they took from the Silk Road. I was lucky enough to win all the blocks. Tim Draper turned out to be a good one.

Bitstamp Hack

20,000 BTC were taken from Bitstamp in 2015. This also includes the 3,100 BTC transaction which started the hack.

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