What was the price tag of bitcoin in 2008?

3 answers

• Dec 26, 2021 · 3 years ago
  Back in 2008, bitcoin didn't actually have a price tag. It was just an idea in a whitepaper published by an anonymous person or group known as Satoshi Nakamoto. It wasn't until 2010 that the first real transaction took place, where someone bought two pizzas for 10,000 bitcoins. So, in 2008, bitcoin had no value in terms of traditional currency.
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• Dec 26, 2021 · 3 years ago
  Bitcoin didn't have a price in 2008 because it hadn't gained any traction or recognition yet. It was still a relatively unknown concept and hadn't been widely adopted. It wasn't until a couple of years later that people started to see its potential and its value began to rise. So, in 2008, bitcoin was essentially worthless in terms of monetary value.
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• Dec 26, 2021 · 3 years ago
  In 2008, bitcoin didn't exist as a tradable asset, so it didn't have a price tag. It wasn't until 2010 that the first bitcoin exchange was established, allowing people to buy and sell bitcoin for the first time. Since then, the price of bitcoin has experienced significant fluctuations, reaching an all-time high of nearly $65,000 in April 2021. However, it's important to note that the price of bitcoin in 2008 would have been significantly lower, considering its lack of recognition and adoption at that time.
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