How expensive were bitcoins when they first came out?

3 answers

• Dec 24, 2021 · 3 years ago
  Back in 2009, when bitcoins were first introduced, they had no intrinsic value and were not traded on any exchanges. However, the first recorded transaction involving bitcoins was made on May 22, 2010, when a user named Laszlo Hanyecz bought two pizzas for 10,000 bitcoins. This transaction is often considered as the first real-world use of bitcoins and provides a reference point for estimating their initial value. Based on this transaction, the price of one bitcoin at that time can be estimated to be around $0.003. It's incredible to think how much the value of bitcoins has grown since then!
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• Dec 24, 2021 · 3 years ago
  When bitcoins were first introduced, they were practically worthless. In fact, the first known transaction involving bitcoins was when someone paid 10,000 bitcoins for two pizzas. Can you imagine spending that much on pizza today? It just goes to show how much the value of bitcoins has skyrocketed over the years.
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• Dec 24, 2021 · 3 years ago
  When bitcoins were first introduced, they had no established value. It wasn't until the famous pizza transaction in 2010 that a price was associated with bitcoins. Laszlo Hanyecz paid 10,000 bitcoins for two pizzas, which would be worth millions of dollars today. This transaction marked the beginning of bitcoin's journey towards becoming a valuable asset.
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