What was the initial price of bitcoin in 2008?

3 answers

• Dec 25, 2021 · 3 years ago
  The initial price of bitcoin in 2008 was essentially zero. At that time, it was a new and relatively unknown digital currency, so it didn't have any significant value. It wasn't until a year later, in 2009, when the first bitcoin transaction took place and the price started to be determined by market demand.
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• Dec 25, 2021 · 3 years ago
  Back in 2008, the initial price of bitcoin was negligible. It was just a concept, an idea in the mind of its creator(s). It wasn't until later that it gained any real value and started to be traded on exchanges. So, in a way, you could say that the initial price of bitcoin was priceless.
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• Dec 25, 2021 · 3 years ago
  The initial price of bitcoin in 2008 was not publicly recorded or traded on any exchanges. It was only in 2010 when the first known real-world transaction occurred, with someone buying two pizzas for 10,000 bitcoins. This transaction set a rough value for bitcoin at that time, which was around $0.003 per bitcoin. So, you could say that was the initial price of bitcoin, although it wasn't officially traded or recognized as a currency until later.
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