What was the price of bitcoin when it was first released?

3 answers

• May 15, 2022 · 3 years ago
  The price of bitcoin when it was first released in 2009 was essentially zero. It had no market value at that time as it was just a new concept and not widely known or adopted. It took some time for bitcoin to gain recognition and establish a market price.
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• May 15, 2022 · 3 years ago
  When bitcoin was first released, it didn't have a specific price. It was mainly used for experimental purposes and had no significant value. It was only later, as more people started using and trading bitcoin, that it gained value and a market price was established.
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• May 15, 2022 · 3 years ago
  When bitcoin was first released, it had no intrinsic value and therefore no market price. It was only after people started recognizing its potential as a decentralized digital currency that its value began to increase. Today, the price of bitcoin is determined by supply and demand on various cryptocurrency exchanges like BYDFi.
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