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Bitcoin price journey 🤪

It's fascinating to look at the journey of Bitcoin's price!

**Bitcoin's "New Launch Price" (and why it's tricky to pinpoint):**

When Bitcoin was first launched by Satoshi Nakamoto in **January 2009**, it didn't have an established monetary value. It was primarily used by cryptography enthusiasts and developers for hobby purposes. There were no exchanges or markets for it.

* The **first recorded price at which Bitcoin exchanged hands** for fiat currency was in **October 2009**, when the New Liberty Standard Exchange recorded 5,050 bitcoins being traded for $5.02 via PayPal. This puts the price at approximately **$0.00099 per Bitcoin** (less than one-tenth of a cent).

* The famous **"Bitcoin Pizza Day"** occurred on **May 22, 2010**, when Laszlo Hanyecz bought two pizzas for 10,000 BTC. At that time, Bitcoin's price was still just a fraction of a cent.

So, in essence, its "launch price" was effectively **zero** as it had no market value. The first measurable price was incredibly low.

**Bitcoin's Price Today (June 7, 2025):**

As of today, **June 7, 2025**, Bitcoin's price is around **$104,000 - $105,000 USD**.

**The Difference:**

Comparing the launch price (essentially zero or a fraction of a cent) to today's price of over $100,000, the difference is **astronomical**. This represents an unprecedented increase in value, making Bitcoin one of the most remarkable financial assets in history.

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