What was the starting price of BTC?
DusanDec 26, 2021 · 3 years ago3 answers
Can you tell me the initial price of Bitcoin (BTC) when it was first introduced?
3 answers
- Dec 26, 2021 · 3 years agoThe starting price of Bitcoin (BTC) when it was first introduced in 2009 was essentially zero. It was initially mined by its creator, Satoshi Nakamoto, and the first transaction took place in January 2009. At that time, Bitcoin had no established value or market price.
- Dec 26, 2021 · 3 years agoWhen Bitcoin (BTC) was first introduced, it didn't have a specific starting price. Its value was determined by the market demand and supply. As more people started using and trading Bitcoin, its price gradually increased. However, it's important to note that the early trading prices were relatively low compared to the current market value.
- Dec 26, 2021 · 3 years agoAccording to historical data, the first recorded price of Bitcoin (BTC) was on October 5, 2009, when it was traded at $0.0009 per BTC. This price was established on the now-defunct BitcoinMarket.com exchange. Since then, the price of Bitcoin has experienced significant fluctuations and reached its all-time high in December 2017.
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