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The Most popular Coin -BTC
How Much was 1 Bitcoin Worth in 2009?
In the very early days of Bitcoin, there were no exchanges that look anything like the offerings today. But there was at least one exchange established in the first year since Bitcoin's inception.
The BitcoinTalk forum went online in late 2009 and soon enough one regular proposed the idea of an exchange where people could buy and sell Bitcoins for fiat currency. Keep in mind that this was when the block reward was 50 BTC and there were very few people mining.
The BitcoinTalk forum member NewLibertyStandard set up New Liberty Standard Exchange, and another forum user - Sirius - sent him 5050 BTC in exchange for $5.02 through PayPal. This puts the first recorded price at which Bitcoin exchanged hands at $0.00099/BTC.
How Much was 1 Bitcoin Worth in 2010?
Bitcoin's price never topped $1 in 2010! Its highest price for the year was just $0.39!
2010 is the year in which the famous purchase of two Dominos pizzas for 10,000 BTC took place.
BitcoinTalk forum member laszlo offered the following trade:
I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!
I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.
If you're interested please let me know and we can work out a deal.
Thanks,
Laszlo
ďżźBitcoinTalk Forum(1)
2010 also saw the opening of the infamous Bitcoin exchange Mt. Gox in July.
How Much was 1 Bitcoin Worth in 2011?
ďżź
Bitcoin Price during 2011
Bitcoin's adoption started to pick up steam in 2011. The Electronic Frontier Foundation (EFF) accepted Bitcoins as donations for a couple of months in 2011. Due to lack of legal precedent surrounding virtual currencies this arrangement was quickly rescinded, though this was later reversed in 2013 when the EFF began accepting Bitcoin again.
On February 9th, 2011, BTC reached a value of USD$1.00 for the first time ever. A few months later, in June, the price of one Bitcoin hit $10, then $30 on Mt. Gox. This represented a 100x appreciation since the beginning of the year, when the price of Bitcoin hovered around $0.30.
By the end of the year Bitcoin was trading just under $5, but at least two important psychological barriers had been broken.
How Much was 1 Bitcoin Worth in 2012?
ďżź
Bitcoin Price during 2012
Bitcoin had a relatively flat 2012, trading within a $0.50 range of $5.00 for the first half of the year.
It then reached its yearly peak at the end of December, hitting a high of $13.45.
In November 2012, Bitcoin underwent its first ever halving. This dropped the block reward from 50 BTC to 25 BTC.
2012 also saw the creation of the influential Bitcoin Foundation by Gavin Andresen, Jon Matonis, Patrick Murck, Charlie Shrem, and Peter Vessenes. The Foundation's goal is to "accelerate the global growth of Bitcoin through standardization, protection, and promotion of the open source protocol".
Wordpress became the first major company to begin in 2012(2). The online content management system provider did this in response to PayPal's censorship.
PayPal alone blocks access from over 60 countries, and many credit card companies have similar restrictions. Some are blocked for political reasons, some because of higher fraud rates, and some for other financial reasons. Whatever the reason, we don't think an individual blogger from Haiti, Ethiopia, or Kenya should have diminished access to the blogosphere because of payment issues they can't control. Our goal is to enable people, not block them.
#MarketPullback
$BTC
In the very early days of Bitcoin, there were no exchanges that look anything like the offerings today. But there was at least one exchange established in the first year since Bitcoin's inception.
The BitcoinTalk forum went online in late 2009 and soon enough one regular proposed the idea of an exchange where people could buy and sell Bitcoins for fiat currency. Keep in mind that this was when the block reward was 50 BTC and there were very few people mining.
The BitcoinTalk forum member NewLibertyStandard set up New Liberty Standard Exchange, and another forum user - Sirius - sent him 5050 BTC in exchange for $5.02 through PayPal. This puts the first recorded price at which Bitcoin exchanged hands at $0.00099/BTC.
How Much was 1 Bitcoin Worth in 2010?
Bitcoin's price never topped $1 in 2010! Its highest price for the year was just $0.39!
2010 is the year in which the famous purchase of two Dominos pizzas for 10,000 BTC took place.
BitcoinTalk forum member laszlo offered the following trade:
I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!
I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.
If you're interested please let me know and we can work out a deal.
Thanks,
Laszlo
ďżźBitcoinTalk Forum(1)
2010 also saw the opening of the infamous Bitcoin exchange Mt. Gox in July.
How Much was 1 Bitcoin Worth in 2011?
ďżź
Bitcoin Price during 2011
Bitcoin's adoption started to pick up steam in 2011. The Electronic Frontier Foundation (EFF) accepted Bitcoins as donations for a couple of months in 2011. Due to lack of legal precedent surrounding virtual currencies this arrangement was quickly rescinded, though this was later reversed in 2013 when the EFF began accepting Bitcoin again.
On February 9th, 2011, BTC reached a value of USD$1.00 for the first time ever. A few months later, in June, the price of one Bitcoin hit $10, then $30 on Mt. Gox. This represented a 100x appreciation since the beginning of the year, when the price of Bitcoin hovered around $0.30.
By the end of the year Bitcoin was trading just under $5, but at least two important psychological barriers had been broken.
How Much was 1 Bitcoin Worth in 2012?
ďżź
Bitcoin Price during 2012
Bitcoin had a relatively flat 2012, trading within a $0.50 range of $5.00 for the first half of the year.
It then reached its yearly peak at the end of December, hitting a high of $13.45.
In November 2012, Bitcoin underwent its first ever halving. This dropped the block reward from 50 BTC to 25 BTC.
2012 also saw the creation of the influential Bitcoin Foundation by Gavin Andresen, Jon Matonis, Patrick Murck, Charlie Shrem, and Peter Vessenes. The Foundation's goal is to "accelerate the global growth of Bitcoin through standardization, protection, and promotion of the open source protocol".
Wordpress became the first major company to begin in 2012(2). The online content management system provider did this in response to PayPal's censorship.
PayPal alone blocks access from over 60 countries, and many credit card companies have similar restrictions. Some are blocked for political reasons, some because of higher fraud rates, and some for other financial reasons. Whatever the reason, we don't think an individual blogger from Haiti, Ethiopia, or Kenya should have diminished access to the blogosphere because of payment issues they can't control. Our goal is to enable people, not block them.
#MarketPullback
$BTC
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Follow on candel stickđˇď¸
A Doji is a type of candlestick pattern that represents market indecision between buyers and sellers. It forms when the opening and closing prices are very close or identical, resulting in a small or non-existent real body. This pattern suggests that neither bulls nor bears have full control, which may indicate a potential trend reversal or continuation, depending on its context.đ
Key Characteristics of a Doji:
Open and Close Prices: Almost the same or exactly the same.
Wicks (Shadows): Can be long or short, depending on market volatility.
Shape: Looks like a cross (+) or a plus sign.
Volume: Often associated with decreasing volume, signifying hesitation in the market.đ¸
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A Doji is a type of candlestick pattern that represents market indecision between buyers and sellers. It forms when the opening and closing prices are very close or identical, resulting in a small or non-existent real body. This pattern suggests that neither bulls nor bears have full control, which may indicate a potential trend reversal or continuation, depending on its context.đ
Key Characteristics of a Doji:
Open and Close Prices: Almost the same or exactly the same.
Wicks (Shadows): Can be long or short, depending on market volatility.
Shape: Looks like a cross (+) or a plus sign.
Volume: Often associated with decreasing volume, signifying hesitation in the market.đ¸
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