How much did Bitcoin cost at its inception?

3 answers

• Dec 19, 2021 · 3 years ago
  Back in 2009, when Bitcoin was first launched, it had no initial price. It was essentially worthless as it had no market value. However, the first recorded transaction involving Bitcoin took place in May 2010, when a user named Laszlo Hanyecz bought two pizzas for 10,000 Bitcoins. This transaction is often referred to as the first real-world transaction using Bitcoin, and it effectively set the price of Bitcoin at that time. So, if we consider this transaction as the starting point, the initial price of Bitcoin would be the equivalent value of those two pizzas in today's market.
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• Dec 19, 2021 · 3 years ago
  Ah, the good old days of Bitcoin's inception! It's hard to believe that it started with no price at all. But hey, everyone has to start somewhere, right? The first recorded price of Bitcoin came about a year after its launch, when someone decided to trade 10,000 Bitcoins for two pizzas. Can you imagine? Two pizzas! Now, if we convert that into today's value, it would be worth millions. So, in a way, those two pizzas set the initial price of Bitcoin. Talk about a tasty investment!
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• Dec 19, 2021 · 3 years ago
  When Bitcoin was first introduced, it didn't have a fixed price like traditional currencies. Its value was determined solely by the market demand and the willingness of people to trade it. The first recorded price of Bitcoin came about in 2010 when a user named Laszlo Hanyecz made a famous transaction by buying two pizzas for 10,000 Bitcoins. This transaction is now celebrated as Bitcoin Pizza Day and is considered a milestone in Bitcoin's history. So, if we consider this transaction as the starting point, the initial price of Bitcoin would be the value of those two pizzas at that time.
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