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How much did bitcoin cost in 2002?

avatarBagger ConnellDec 18, 2021 · 3 years ago3 answers

Can you tell me the historical price of bitcoin in 2002? I'm curious to know how much it was worth back then.

How much did bitcoin cost in 2002?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, bitcoin was not even created until 2009, so it did not have a price in 2002. It was the year when the concept of bitcoin was first introduced by an anonymous person or group known as Satoshi Nakamoto. Bitcoin's price started to be recorded in 2010, and since then, it has experienced significant fluctuations.
  • avatarDec 18, 2021 · 3 years ago
    Bitcoin didn't exist in 2002, so it didn't have a price. It was only in 2009 that the first block of the bitcoin blockchain, also known as the Genesis Block, was mined. From that point on, bitcoin started to gain attention and its price began to be determined by market demand and supply.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that bitcoin did not have a price in 2002. It was not until 2009 that the first bitcoin transaction took place, marking the beginning of its price history. Since then, bitcoin has become the most well-known and valuable cryptocurrency in the world.