When Bitcoin first started, what was its price?

5 answers

• Dec 18, 2021 · 3 years ago
  When Bitcoin first started in 2009, its price was essentially zero. It was worth next to nothing because it was a new and unknown digital currency. However, as more people started to recognize its potential and the technology behind it, the price gradually began to increase.
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• Dec 18, 2021 · 3 years ago
  Back in the early days of Bitcoin, you could buy a pizza with 10,000 Bitcoins. Can you imagine that? Today, that would be worth millions of dollars! It just goes to show how much the price of Bitcoin has skyrocketed since it first started.
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• Dec 18, 2021 · 3 years ago
  When Bitcoin first started, its price was not determined by any specific exchange. It was mainly traded on peer-to-peer networks and forums. However, as the demand for Bitcoin grew, more exchanges started to emerge and set their own prices. Nowadays, you can find the price of Bitcoin on various exchanges like BYDFi, Binance, and others.
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• Dec 18, 2021 · 3 years ago
  In the early days of Bitcoin, its price was highly volatile. It experienced significant price fluctuations due to its limited liquidity and the relatively small number of people using it. However, as Bitcoin gained more mainstream adoption and the market matured, its price became more stable.
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• Dec 18, 2021 · 3 years ago
  When Bitcoin first started, its price was not as important as the technology and the idea behind it. People were more focused on the potential of decentralized digital currency and the blockchain technology that powered it. The price was just a reflection of the market's perception of Bitcoin's value.
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