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how much was bitcoin when it first started

how much was bitcoin when it first started

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Best answer

How much was bitcoin when it first came out? When it first emerged in 2009, the value of one coin was$0. A few months later, in 2010, when bitcoin first started trading, a single coin was worth somewhere between $0.08 and $0.0008. In layman鈥檚 terms, that鈥檚 somewhere between eight cents and eight hundredths of a cent.

People also ask

  • How much was bitcoin worth when it first started trading?

  • Bitcoin first started trading from around $0.0008 to $0.08 per coin in July 2010. How Much Was One Bitcoin Worth in 2009? The value of one Bitcoin was $0 when it was first introduced in 2009. What is the Highest Price Bitcoin Has Reached? Bitcoin reached a price of $40,111 on January 14, 2021. What Will Bitcoin Be Worth in 2030?

  • What happened to the price of bitcoin in 2015?

  • The price of Bitcoin in 2015 started off weakly, with a -50% selloff in the first two weeks of the year. This included a -24% drop in just one day on the 14th of January. This may have been inspired by the announcement from prominent European exchange Bitstamp that they had lost 19,000 BTC in a hack.

  • When did bitcoin really start to take off?

  • Bitcoin really started to take off in 2013. The digital currency began the year trading at around $13.50 per bitcoin. The price rallied in early April 2013 to get to over $220 briefly before dropping back down to around $70 by mid-April. This was the first real rally and associated crash for the currency.

  • What was the price of bitcoin in 2010?

  • In July 2010, bitcoin began trading at a value of US$0.0008, climbing to US$0.08 by month鈥檚 end. The cryptocurrency performed relatively flatly until spiking to US$250 in April 2013. Bitcoin price performance, 2010 to 2021. Chart via Trading Economics .