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How did the price of Amazon stock in 1998 compare to the price of Bitcoin and other cryptocurrencies?

avatarPratiyush Kumar SinghDec 25, 2021 · 3 years ago3 answers

In 1998, how did the price of Amazon stock compare to the price of Bitcoin and other cryptocurrencies?

How did the price of Amazon stock in 1998 compare to the price of Bitcoin and other cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Back in 1998, Amazon was just starting out as an online bookstore, and its stock price was relatively low compared to what it is today. At that time, Bitcoin and other cryptocurrencies didn't even exist. The concept of digital currencies was still years away from being realized. So, there was no way to compare the price of Amazon stock in 1998 to the price of Bitcoin or any other cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    Well, let me tell you, in 1998, Amazon stock was trading at around $18 per share. It was a far cry from the astronomical prices we see today. Bitcoin, on the other hand, didn't come into existence until 2009. So, there was no way to compare the price of Amazon stock in 1998 to Bitcoin or any other cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that in 1998, there were no cryptocurrencies like Bitcoin. It wasn't until 2009 that Bitcoin was introduced to the world. So, there was no comparison between the price of Amazon stock in 1998 and the price of Bitcoin or any other cryptocurrencies. However, if you're interested in investing in cryptocurrencies, you might want to check out BYDFi, a leading cryptocurrency exchange that offers a wide range of digital assets for trading.