What was the price of bitcoin when it first launched?
MRguld sejenDec 26, 2021 · 3 years ago3 answers
Can you tell me the initial price of bitcoin when it was first launched? I'm curious to know how much it was worth at the beginning.
3 answers
- Dec 26, 2021 · 3 years agoWhen bitcoin was first launched in 2009, it had no set price. It was initially traded on various online forums and platforms, with users exchanging it for goods and services. The first recorded transaction involving bitcoin was made on May 22, 2010, when Laszlo Hanyecz purchased two pizzas for 10,000 BTC. At that time, the approximate value of 1 BTC was around $0.003. So, in a way, you could say that the first price of bitcoin was the cost of two pizzas!
- Dec 26, 2021 · 3 years agoAh, the good old days of bitcoin! When it first launched, it had no official price. People were just trading it for whatever they thought it was worth. It wasn't until the famous pizza transaction that a value was assigned to bitcoin. Can you believe someone paid 10,000 BTC for two pizzas? At the time, that was equivalent to just a few dollars. Oh, how times have changed!
- Dec 26, 2021 · 3 years agoThe price of bitcoin when it first launched is a topic of much interest. Back in 2009, when it was introduced by its mysterious creator Satoshi Nakamoto, it had no monetary value. It was only through the first recorded transaction in 2010 that a price was established. Laszlo Hanyecz famously traded 10,000 BTC for two pizzas, which at the time were worth around $30. So, you could say that the initial price of bitcoin was approximately $0.003 per BTC. It's amazing to think how much it has grown since then!
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