What was the price of bitcoin in the year 2008?
KitsuneKurizNov 25, 2021 · 3 years ago3 answers
Can you tell me the price of bitcoin in the year 2008? I'm curious to know how much it was worth back then.
3 answers
- Nov 25, 2021 · 3 years agoIn 2008, bitcoin was just introduced and had no market value. It wasn't until 2010 that the first known exchange rate of bitcoin to the US dollar was established, which was 1 BTC = $0.003. So, in 2008, bitcoin had no price as it was not yet traded on any exchanges.
- Nov 25, 2021 · 3 years agoBack in 2008, bitcoin was still in its early stages and had no significant value. It was mainly known among tech enthusiasts and early adopters. It wasn't until a few years later that its price started to gain attention and increase significantly.
- Nov 25, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can confirm that bitcoin did not have a price in 2008. It was a relatively unknown digital currency at that time and had not gained any significant value or recognition in the market. It wasn't until later years that bitcoin started to make headlines with its price surges and attracted mainstream attention.
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