The starting price of BTC — How much bitcoin cost at the beginning.

Looking at the schedule of the BTC-USD exchange rate, it is hard to believe that 8 years ago one bitcoin did not cost a one cents. Let’s start from the beginning. In 2008, One document describing the crypto currency appeared in the Internet, published by Satoshi Nakamoto. In the same year, press releases were published and a domain was registered where the official site of the bitcoin.org payment system was located. In January 2009, the bitcoin network started work with the release of the first bit-client and the creation of the first unit, for which a reward of 50 bitcoins was received.

Initially, the degree of demand for crypto-coin was practically zero. By the end of 2009, the rate of bitcoins was at the level of 700–1600 bitcoins per 1 US dollar. For example, on October 5, 2009 New Liberty Standard set a rate of 1 dollar for 1.309 BTC, that is, for more than 1000 bitcoins they gave only $ 1.

As you can see on the stock chart, it was started in 2013, before this exchange, BTC was not evaluated at all.

The average Bitcoin exchange rate for the years of
2009: 1 BTC = 0.001 $
2010: 1 BTC = 0.2 $
2011: 1 BTC = 31 $
2012: 1 BTC = $ 40
2013: 1 BTC = 900 $
2014: 1 BTC = 300 $
2015: 1 BTC = 350 $
2016: 1 BTC = 600 $
2017: 1 BTC = 9000 $
2018: 1 BTC = 20000 $

The Future of Bitcoin

Currently bitcoin in Russia is not prohibited, since it is already considered in several countries as a legal payment. But the final victory is still far away.

Influential forces are interested In crypto-currencies as well. Different resources are invested in their development and introduction into technical processes. About 90% of the mining capacity is in China, but who pays — he orders the music.

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