How Much was Bitcoin Worth When it Started in 2009?
Bitcoin started out there wasn’t really a price for it since no one was willing to buy it. The first time Bitcoin actually gained value was on October 12, 2009 when Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold 5050 Bitcoins for $5.02. This gave 1 Bitcoin the value of $0.0009
How Much was Bitcoin Worth at its Peak?
The highest price Bitcoin ever reached (Bitcoin all-time high) until today was $20,089 on December 18th 2017.
How Does Bitcoin Changes Price?
Bitcoin’s price refers to the last transaction conducted on a specific exchange. That’s why you’ll see different “prices” on different exchanges. For example, since Bitstamp has different exchanges going on than Coinbase Pro, each of these exchanges will show a different price for Bitcoin.
When more people are looking to buy Bitcoin (i.e. there’s more demand), the price will rise since people are willing to pay more and conduct transactions for a higher price.
When less people are looking to buy Bitcoin (i.e. there’s more supply), the price will drop since people aren’t willing to pay as much.
I know one have ever believed bitcoin could be the talk of the world today, most countries are now accusing us existence of being the source of fraudulent act indulge by the youths and other citizens, reason being that the source of their money can no longer be trace by financial crime agents.
Life as become very easy for most people who actually saw the need to invest in the crypto world... Today they are the ones enjoy the growth of this awesome increase in price.....
Thats bitcoin from 2009 till now
