At what price was bitcoin initially sold?

5 answers

• Muecahit AhmetJul 05, 2021 · 4 years ago
  Back in 2009, when bitcoin was first introduced, it had no inherent value. It was initially sold for a fraction of a cent, as it was mainly used as a means of experimentation and proof of concept. However, the first recorded transaction involving bitcoin was made on May 22, 2010, when Laszlo Hanyecz famously bought two pizzas for 10,000 bitcoins. At that time, the approximate value of each bitcoin was around $0.003. So, you could say that was the initial selling price of bitcoin.
  484

  242
• misakamageOct 05, 2021 · 4 years ago
  Ah, the good old days of bitcoin! When it first came into existence, it was practically worthless. People were just mining it for fun and not really attaching any value to it. However, the first known real-world transaction involving bitcoin took place in 2010, when someone traded 10,000 bitcoins for two pizzas. Can you believe it? Those 10,000 bitcoins would be worth millions of dollars today! So, in a way, you could say that the initial selling price of bitcoin was the cost of two pizzas.
  495

  165
• Anton LovJun 22, 2022 · 3 years ago
  The initial selling price of bitcoin was practically nothing. It was just a digital currency that was being experimented with by a small group of tech enthusiasts. The first recorded transaction involving bitcoin was made in 2010, when someone traded 10,000 bitcoins for two pizzas. At that time, the approximate value of each bitcoin was around $0.003. It's crazy to think how much it has grown since then! Nowadays, bitcoin is worth thousands of dollars per coin.
  465

  117
• Singh ShivamAug 04, 2020 · 5 years ago
  Bitcoin's initial selling price was incredibly low. In fact, it was practically worthless. It wasn't until May 2010 that the first real-world transaction took place, when Laszlo Hanyecz famously bought two pizzas for 10,000 bitcoins. At that time, the approximate value of each bitcoin was around $0.003. It's amazing to see how far bitcoin has come since then, with its value now reaching thousands of dollars per coin.
  420

  84
• cigarette nakedJun 30, 2023 · 2 years ago
  The initial selling price of bitcoin was negligible. It was just a digital currency created by an anonymous person or group of people known as Satoshi Nakamoto. The first recorded transaction involving bitcoin was made in 2010, when someone traded 10,000 bitcoins for two pizzas. At that time, the approximate value of each bitcoin was around $0.003. Since then, bitcoin has experienced significant growth and is now one of the most valuable cryptocurrencies in the world.
  472

  79