What was the initial value of bitcoin?
heaodongDec 25, 2021 · 3 years ago3 answers
Can you tell me the initial value of bitcoin when it was first introduced?
3 answers
- Dec 25, 2021 · 3 years agoThe initial value of bitcoin was essentially zero. When it was first introduced in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto, it had no established value. However, as more people started to recognize its potential and began using it, the value gradually increased.
- Dec 25, 2021 · 3 years agoBack in the early days of bitcoin, its initial value was practically nothing. It was just an experimental digital currency that only a few tech enthusiasts knew about. However, over time, as more people started to adopt it and realize its potential, the value started to rise.
- Dec 25, 2021 · 3 years agoAccording to historical records, the initial value of bitcoin was extremely low. It was traded at a fraction of a cent, and many people didn't even consider it as a serious investment. However, as the technology behind bitcoin gained traction and more people started to believe in its potential, the value began to skyrocket.
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