Bitcoin value history (comparison to US$) Date USD : 1 BTC Notes Jan 2009 – Mar 2010 basically nothing No exchanges or market, users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value.
Here are 9 facts you need to know about Bitcoin. 1. The first Bitcoin purchase was for pizza. Did you know why May 22 is celebrated as Bitcoin Pizza Day? Initially, when bitcoins were mined they were virtually worthless as it cost literally cents to buy a BTC.
10 The First Bitcoin Transaction Was For Pizza. On May 18, 2010, Laszlo Hanyecz posted on a forum for Bitcoin: Bitcoin Talk.At the time, Bitcoin was still in its infancy. It was incredibly volatile, and each Bitcoin was worth only a few pennies on the dollar.
The exact steps I followed to buy my first Bitcoin online. The tutorial and process itself took about 15 minutes. But first it's important to consider what is Bitcoin, is it an investment and should you buy it?