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How much were bitcoins worth when they were first launched?

avataragnewaxDec 26, 2021 · 3 years ago3 answers

Can you tell me the initial value of bitcoins when they were first launched?

How much were bitcoins worth when they were first launched?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Back in 2009, when bitcoins were first launched, they had no intrinsic value. However, the first recorded transaction involving bitcoins was made in May 2010, when a user bought two pizzas for 10,000 bitcoins. At that time, the value of 10,000 bitcoins was around $25. So, you could say that the initial value of bitcoins was very low, almost negligible.
  • avatarDec 26, 2021 · 3 years ago
    When bitcoins were first launched, their value was extremely low. In fact, they were practically worthless. It wasn't until the first recorded transaction in 2010 that bitcoins started to have some value. The value of 10,000 bitcoins at that time was around $25. It's amazing to think how much the value of bitcoins has grown since then!
  • avatarDec 26, 2021 · 3 years ago
    When bitcoins were first launched, they didn't have any significant value. It wasn't until 2010 when the first transaction took place, and 10,000 bitcoins were exchanged for two pizzas. At that time, the value of 10,000 bitcoins was approximately $25. It's incredible to see how much the value of bitcoins has increased over the years.