Bitcoin started in 2009 - page 2. | Bitcointalksearch.org

dzungmobile

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To learn about Bitcoin history, I recommend Bitcoin Prehistory.

A longest historic price chart for Bitcoin is https://bitcoin.zorinaq.com/price/ since October 2009.

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On 2009-10-05 the market price of Bitcoin is first established at $0.000764/BTC by New Liberty Standard, the first Bitcoin exchange ($1.00 buys 1309.03 BTC.) The exchange rate history is available at two archived pages: first, second. Their last known exchange rate is $0.005472/BTC on 2010-03-02.

On 2010-04-25 the market price is established again at $0.003/BTC, using the daily volume-weighted trading price of the second Bitcoin exchange, BitcoinMarket.com (PayPal USD trades). The owner, dwdollar, actually started operating it on 2010-03-17, however trading data for the first few weeks is—to my knowledge—not available.

After 2010-07-18 the exchange rate is from the CoinDesk BPI v1 API (https://api.coindesk.com/v1/bpi/historical/close.json?start=2010-07-18&end=2022-05-17).

After 2022-05-18 the exchange rate is from the CoinDesk BPI v3 API (https://www.coindesk.com/pf/api/v3/content/fetch/chart-api?query=...) because v1 has gaps in the data starting on that date.

Sarah Azhari

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

Not many people traded Bitcoin at that time, even trade, they did it privately without anyone know. And, I am really sure if any, he didn't tell it to here if bought it in 2010 and still saving it right now. Because humble people won't tell their treasury to the public, they won't tell how many bitcoins they have on the forum. That's why we can find many bitcoin mixers exist here because ordinary people use that for save their treasury privately without anyone know to track it.

Mayor of ogba

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If someone bought Bitcoin in 2009, is that buyer rich now?

Op, at this time Bitcoin was not yet trading, but you could get it by mining it yourself. If anyone is still holding his/her Bitcoin from the year 2009 till date that person will be a rich soul by now because the Bitcoin price has grown from $0.0009 to $26k plus

menisandcoins

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Quote from: EFS on September 29, 2023, 06:02:48 PM

In those years, nobody was buying Bitcoin because they could find blocks by mining for a few hours. At the time, Bitcoin had little monetary value and it was impossible to predict that it would reach the price it is today. Even the most ardent Bitcoin advocates and true believers sold their coins during price spikes. Aside from those who forgot their wallets, there are very, very few people who are constantly in the Bitcoin ecosystem who can wait until these prices without selling.

I made my first Bitcoin purchase in 2013, and yes, even though I believe in the future of Bitcoin, I haven't been able to hold on to it until now. This shouldn't be something to regret. Instead of living in the past, we should look to the future.

There is still a 4-year delay in buying Bitcoin, but why don't you keep your BTC and get rich because you sold it at the time. And now that you are hold with it, you will be a rich man with a happy life. If nothing else, we must not follow it anymore. Bitcoin makes you rich and rich, makes our lives happy.

Fara Chan

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

If someone bought Bitcoin in 2009, is that buyer rich now?

Obviously very rich, especially when Bitcoin made an ATH in 2021 with its price exceeding $65K. And now you can see for yourself how the price is no longer even half of the ATH price that happened on Bitcoin, but the current price is also not a very bad thing because everyone can take advantage of this condition to have more Bitcoin before the next ATH occurs again on Bitcoin. You can see all the data here: https://coinmarketcap.com/currencies/bitcoin/historical-data/?end=20191130

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Bitcoin now stands at 26,893 and was it lower in 2009?

Actually, a question like this is not quite logical, but I can understand it because you are still a newbie. I very rarely find a higher price on something that is just born and that also happened with Bitcoin where Bitcoin at that time was still very cheap because it didn't have as many fans as it does now. So now you need to look at and read every history of Bitcoin so that you can ask better questions in the future, although questions like this are not wrong for you to ask here.

EFS

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In those years, nobody was buying Bitcoin because they could find blocks by mining for a few hours. At the time, Bitcoin had little monetary value and it was impossible to predict that it would reach the price it is today. Even the most ardent Bitcoin advocates and true believers sold their coins during price spikes. Aside from those who forgot their wallets, there are very, very few people who are constantly in the Bitcoin ecosystem who can wait until these prices without selling.

I made my first Bitcoin purchase in 2013, and yes, even though I believe in the future of Bitcoin, I haven't been able to hold on to it until now. This shouldn't be something to regret. Instead of living in the past, we should look to the future.

Mr.suevie

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

No one needs to tell something like this man, you are actually in the 21 century and everything is computerized so you are probably one search away to getting all that info you asked and I think there are also information elsewhere aside from the forum where you can tap in to that knowledge bro.
But to clear it's a simple answer though because no one not even Satoshi nakamoto himself could have predicted that Bitcoin will fly so high in terms of the price when its actually first creation but thats the beauty of uncertainty.

Ever-young

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

There was no price attached to bitcoin back in the early days when it was first launched, it’s something that’s traceable or can be exchanged for service or goods that have value attached to it.

So when it comes to any one who was opportune to have bitcoin from the 2009 either through mining it or as a reward for any form of service, if the person is still holding it till now and did not sell off when bitcoin first had value attached to it, then probably the person will be a very wealthy investor and can even be consider a whale right now because their holdings will be worth fortune.

decodx

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

Use google and other search engines to learn more about the history of Bitcoin if you are interested in such things. You can even explore old posts on this forum dating back to that time.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

If someone bought Bitcoin in 2009, is that buyer rich now?

It depends on whether he sold his coins and when he did so. But from what I know, almost nobody was buying Bitcoin back then since it was easily mineable with just a computer.

Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

Bitcoin now stands at 26,893 and was it lower in 2009?

What do you think?

bitmover

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Quote from: menisandcoins on September 29, 2023, 04:51:21 PM

How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

Nobody bought bitcoins in 2009 afaik. Bitcoin was not sold by that time
It was basically mined, and traded for pizza.

The earlier price I saw in coinmarketcap.com is about 6usd in 2011.
https://coinmarketcap.com/currencies/bitcoin/

Here it says that the price started climbing in 2010 from 0.0008 $.

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In July 2010, Bitcoin began trading at US$0.0008, climbing to US$0.08 by month’s end. The cryptocurrency then performed relatively flatly, slowly rising into the US$10 range until it spiked to US$250 in April 2013.
https://investingnews.com/daily/tech-investing/blockchain-investing/bitcoin-price-history/

If you or anyone bought it by that time, that persons would have sold most of it already by now.

And yes, many people become rich with bitcoin and there are plenty of stories here in the forum

albert0bsd

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why do you don't read the topic: Pizza for bitcoins?

It is a good price no? 10000 BTC for two large pizza.

menisandcoins

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How many people knew Bitcoin in 2009 and how much was it worth in 2009?

If someone bought Bitcoin in 2009, is that buyer rich now?

Bitcoin now stands at 26,893 and was it lower in 2009?

Are you someone who bought Bitcoin in 2009 or 2010 and tell me your story about the buy?

Topic: Bitcoin started in 2009 - page 2. (Read 332 times)