The price history of any digital currency helps people to understand that which issues (political, security, geographical) goes up or down the price of this currency. Bitcoin, meanwhile, as the oldest digital currency, certainly has more to say about its history. In this article, we will introduce you the value of Bitcoin from the beginning of its creation.
Probably everyone who has studied digital currencies knows Satoshi Nakamoto as the creator of Bitcoin, but it is good to know that this anonymous person had a partner in creating this glorious technology. Of course, this partner, like himself, is still unknown. They invented this technology in 2008. But the year of using this technology started in 2009 with Satoshi Nakamoto calling his customer.
Bitcoin started with a value of zero dollars and this value remained at zero until 2010. In 2010, with the establishment of the Bitcoin Market website, Bitcoin became popular among the people. Recognition helped the currency gain financial value. Of course, this increase in value was very small and it was only $ 0.03. But at that time, it was a great leap.
After Bitcoin became valuable, it definitely needed a platform to trade. This platform was formed in 2010 by exchanging bitcoin to pizza. After this controversial event, the news spread in the media and it did not take long for its price to reach one dollar the following year, 2011.
The 2012 year could have been the most important year for Bitcoin expansion. Because the first hawing (it happens every four years) happened this year, but strangely, some exchange offices did not change the price significantly, and it only went from one dollar close to 10 dollars.
Instead, in the following year, i.e. 2013, this sharp price increase occurred. Because with the influx of Chinese people to buy bitcoin, the price increase happened suddenly. Of course, it goes without saying that the government banned the currency for buying and selling in government centers this year and allowed the sale only freely.
Other events this year included the break-up of Cyprus and the shaking of the eurozone. In this hesitation, Bitcoin was able to show itself better than before.
At the beginning of this blessed year, Bitcoin rose from $ 13 to $ 266, which had never seen such a jump. At the end of 2013, Bitcoin crossed the $ 1,000 mark. Of course, it is worth noting that in the period when Bitcoin reached 266 to 1000, a hard-fork (security gap) also occurred, which slightly reduced the price of this currency and reached $ 100 in the middle of the year.
#Bitcoin History #Bitcoin Price History #Bitcoin Price Variation #BTC Price Variations #BTC History
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