When Bitcoin was launched, how much did it cost?

3 answers

• Dec 27, 2021 · 3 years ago
  Back in 2009, when Bitcoin was first launched, it had no initial price. It was essentially worthless. However, the first recorded transaction involving Bitcoin took place in May 2010, when someone traded 10,000 Bitcoins for two pizzas. Based on that transaction, we can estimate that the price of Bitcoin at that time was around $0.003 per Bitcoin.
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• Dec 27, 2021 · 3 years ago
  When Bitcoin was launched, it didn't have a fixed price like traditional currencies. Its value was determined by supply and demand in the market. In the early days, Bitcoin was mainly used by tech enthusiasts and early adopters, and its price was relatively low. It wasn't until later years that Bitcoin gained more attention and its price started to rise significantly.
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• Dec 27, 2021 · 3 years ago
  When Bitcoin was launched, it had no intrinsic value and therefore no fixed price. Its value was solely determined by the willingness of people to trade it. Over time, as more people became interested in Bitcoin and started using it, its price gradually increased. Today, the price of Bitcoin is much higher compared to its early days, reflecting its growing popularity and acceptance as a digital currency.
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