How much did bitcoin cost when it first started in 2008?

3 answers

• Dec 27, 2021 · 3 years ago
  Back in 2008, when bitcoin was first introduced, it had no intrinsic value and was not traded on any exchanges. Therefore, it didn't have a specific price. It was only in 2010 when the first known transaction took place, where someone exchanged 10,000 bitcoins for two pizzas. This transaction set the first-ever price for bitcoin at around $0.003 per coin.
  357179
• Dec 27, 2021 · 3 years ago
  Ah, the good old days of bitcoin! When it first started in 2008, it didn't really have a price tag. It was more of a concept and an experiment. It wasn't until a couple of years later, in 2010, when someone decided to trade 10,000 bitcoins for two pizzas. That's when the first price of bitcoin was established, and it was around $0.003 per coin. Can you believe it? Those pizzas would be worth millions today!
  410137
• Dec 27, 2021 · 3 years ago
  When bitcoin first started in 2008, it didn't have a fixed price like traditional currencies. It was more of a peer-to-peer network experiment. However, the first recorded transaction involving bitcoin happened in 2010, when someone famously bought two pizzas for 10,000 bitcoins. At that time, the price of bitcoin was approximately $0.003 per coin. It's crazy to think how much it has grown since then!
  404101