The price of Bitcoin/BTC when it was first created
When did you first get to know bitcoin?
Maybe I am one of the lucky people to know bitcoin until now, I got to know bitcoin in the middle of August 2021, I was introduced to bitcoin by my friend, I still remember at that time I was completely zero about bitcoin, the first time I got to know bitcoin was when I play on the Noise.cash platform, because the payment uses bitcoin, bitcoin.cash to be precise.
I also never stop asking my friends about bitcoin, how to get it, how the transaction is, and how to make bitcoin the currency of our country.
I'm grateful that my friend doesn't get tired of explaining everything, and I'm grateful that until now I have understood a little. and until now I'm familiar with BCH/Bitcoin.cash, namely through the Noise.cash and Read.cash platforms.
Unfortunately, now the price is starting to drop, unlike when I first got to know BCH, I still remember if I'm not mistaken at that time the price was up to US$600, that's a lot, isn't it, that's one of the reasons I wanted to get to know and use BCH.
So that's where my question arises, what was the price of Bitcoin when it was first introduced to the public?
Cryptocurrency has become very popular in the last 2 years. One of its starting points was the emergence of Bitcoin, the first and most valuable cryptocurrency.
Investments in bitcoin or cryptocurrencies continue to attract public interest. So what was the actual price of Bitcoin when it was first introduced to the public? Given its great value these days, it's only natural that many people wonder.
According to some articles I read, Bitcoin was created in 2009 during the economic crisis. Bitcoin was created to be a peer-to-peer electronic payment system, but it also attracts investors interested in cryptocurrencies as a store of value, as they are comparable in value to gold.
Since being used as a medium of exchange, Bitcoin's price was initially no more than US$1 per chip. The value increased slightly in 2012, to around US$5-7 per chip.
Bitcoin price volatility started to increase significantly over time. By 2013, its value had grown from $100 to $1,000 per chip within one month. However, in 2015, the value dropped to another $200. After 2015, the price per chip increased significantly to $19,000.
The price trend only dropped in 2018 and touched the USD3.7 figure. Then the value increases again.
According to today's trading Thursday, April 14, 2022, Coinmarketcap recorded an increase in the price of Bitcoin (BTC). The cryptocurrency Bitcoin/BTC price, which is the cryptocurrency with the largest market cap, is $41,308.30. In the last 24 hours, the price of Bitcoin/BTC has increased by 2.7%.
According to the predictions of experts, the value of Bitcoin is likely to continue to increase until it reaches $397,000 to $500,000 per chip in 2030. But that's just a prediction, predictions may or may not happen. :)
Now for the price of Bitcoin.cash itself currently touching the figure of US $ 346.09, but price changes can occur at any time, but I'm sure everyone does not expect that, what is expected is that the price always goes up, at least lasts, don't go down. hehehe
That's all I got from reading several articles and reading the latest market prices. I always accept if my writing has errors, thank you.
I too heard about it just an year ago, and the price was soaring high at that time.