What was the price of 1 Bitcoin in 2009?
What Price Did Bitcoin Start At? Bitcoin was originally worth next to nothing. The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around INR 414.65, giving each Bitcoin a value of $0.0009 each.
The New Liberty Standard Exchange recorded the first exchange of Bitcoin for dollars in late 2009. Users on the BitcoinTalk forum traded 5,050 bitcoins for $5.02 via PayPal, making the first price mediated through an exchange a bargain basem*nt price of $0.00099 per bitcoin.
In 2010, bitcoin—the cryptocurrency that had then come into being only a year back—was valued at the average of USD 0.06 or Rs. 2.85. Bitcoin hit a record-high of USD 2,779 yesterday, stunning investors and observers around the world. It has appreciated 150 percent year to date.
The year 2012 proved to be a generally uneventful year for Bitcoin, though it did increase by a few dollars; however, 2013 witnessed strong gains in price. Bitcoin began the year trading at $13, crossed $100 by April, then $200 by October.
In 2011, the Electronic Frontier Foundation (EFF) accepted BTC for donations for a few months, but quickly backtracked due to a lack of a legal framework for virtual currencies. In February of 2011, BTC reached $1.00 for the first time, achieving parity with the U.S. dollar.
That investment would be worth $6,859,178,076.22 today based on the same price of $28,122.63 at the time of writing.
| Date | Open | Close Close price adjusted for splits. |
|---|---|---|
| Oct 2, 2015 | 237.26 | 237.29 |
| Oct 1, 2015 | 236.00 | 237.55 |
| Sep 30, 2015 | 236.64 | 236.06 |
| Sep 29, 2015 | 239.02 | 236.69 |
The closing price for Bitcoin (BTC) in 2016 was $963.74, on December 31, 2016. It was up 123.8% for the year. The latest price is $64,578.37.
| Date | Open | High |
|---|---|---|
| Dec 14, 2017 | 16,384.60 | 20,089.00 |
| Dec 7, 2017 | 14,266.10 | 18,353.40 |
| Nov 30, 2017 | 9,906.79 | 14,369.10 |
| Nov 23, 2017 | 8,232.38 | 11,517.40 |
The closing price for Bitcoin (BTC) in 2012 was $13.45, on December 31, 2012. It was up 185% for the year. The latest price is $66,484.43.
What if I invested $1,000 in Bitcoin in 2013?
On July 1, 2013, Bitcoin traded for around $90.80. A $1,000 investment in Bitcoin could have purchased 11.0132 BTC at the time. Based on a price of $34,055.98 at the time of writing, the $1,000 investment would be worth $375,065.32 today. This represents a hypothetical return of 37,406.5% over the last 10 years.
| Date | Open | Close Close price adjusted for splits. |
|---|---|---|
| Dec 1, 2018 | 4,024.46 | 4,214.67 |
| Nov 30, 2018 | 4,289.09 | 4,017.27 |
| Nov 29, 2018 | 4,269.00 | 4,278.85 |
| Nov 28, 2018 | 3,822.47 | 4,257.42 |
Bitcoin (BTC) Price Prediction 2030
According to your price prediction input for Bitcoin, the value of BTC may increase by +5% and reach $ 87,239.62 by 2030.
Assuming a constant monthly investment of $500 for 10 years and a bitcoin price of $1 million per coin at the end, you would earn a profit of approximately $4.8 million.
Who Owns the Most Bitcoins? Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.
Exploring the potential cryptocurrencies like Pikamoon, Dogecoin, Book of Meme, Rosewifhat, and Zilliqa as contenders to hit the $1 milestone. Key factors like utility, viral potential, and clear roadmaps suggest their potential amidst market sentiment and unique tokenomics.
If you had invested $1,000 into bitcoin five years ago, the investment would have grown by 1,352% and be worth around $14,524 as of Feb. 14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
But you'd be pretty happy if you'd bought five years ago and held on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today. So, what's the lesson here, and how can investors apply it to Bitcoin moving forward? Here is what you need to know.
A $100 investment in Bitcoin could purchase 0.00607 BTC today based on a price of $16,466.14 at the time of writing. If Bitcoin hits the $1 million price target by Wood in 2030, the $100 investment would turn into $6,070. This represents a gain of 5,970% from now until 2030.
A recent report predicts that Bitcoin will reach a new all-time high in 2024. Bitcoin (BTC) is expected to reach a new record of $88,000 (€82,000) throughout the year, before it settles around $77,000 at the end of 2024, according to a new report. The cryptocurrency's current price sits at around $43,000.
Is it smart to invest in bitcoin?
Bitcoin is a risky investment with high volatility, and generally should be considered only if you have a high risk tolerance, are in a strong financial position already and can afford to lose some or all of your investment.
| Date | USD : 1 BTC |
|---|---|
| Apr 2014 | $340–$530 |
| 2–3 March 2017 | $1,290+ |
| 20 May 2017 | $2,000 |
| 1 September 2017 | $5,014 |
Bitcoin Price Prediction 2025
The cryptocurrency is expected to create a high of $140,449 with a low of $61,357. Therefore, the average Bitcoin price prediction for 2025 will potentially be $95,903.
What is the all time high of Bitcoin? The all-time high of Bitcoin is $73,780.07. This all-time high is highest price paid for Bitcoin since it was launched.
On October 12th, 2009 a member of the BitcoinTalk forum traded 5050 BTC for a sum of $5.02 via Paypal, which implies a price of $0.00099 per coin and one of the lowest prices per BTC ever recorded.
