You will not believe this. DO you know that BTC has no innitial selling price when it was created? BTC started with people mining it on their computers with basically no value until May 8th 2010 with the Pizza guy offering to pay 10,000 BTC for 4 pizzas. The monetary value for the 4 pizzas was calculated to be $42 at the time, this value was once to derived the price of 1 BTC, and quess what was the price. $0.O042, that was the first price of 1BTC. Throughout the year 2010 BTC never rose to $1 per 1 BTC. The price range for BTC in the year 2010 goes as shown below. July 2010–0.09 USD August 2010–0.06 USD September 2010–0.06 USD October 2010–0.06 USD November 2010–0.20 USD December 2010–0.23 USD The above information may seems ridiculous but it's the fact. BTC is above $54,000 at the time of writing this post. What do you learn from this? Leave your answer in the comment section below. #BitcoinCash
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That is a fascinating historical look into Bitcoin's value. I learned that we all shouldn't judge Bitcoin Cash so harshly if it dips below 500 a few times a year. BCH forked four years ago and it's already of such high value with so much adoption! I also realize that I shouldn't be so hard on myself with my own token.
Many people don't believe when I tell them I bought btc at @0.1 in 2010. But I actually did