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.
Bitcoin (₿) is a cryptocurrency, a form of electronic cash.It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
The wild growth and recent price fluctuations associated with bitcoin have investors seeking price predictions for the coming year. Investors are understandably concerned about whether bitcoin will experience a crippling course correction, or continue rapid growth. It might accomplish both. In November, bitcoin plunged nearly 30% before sharply rebounding to hit the $10,000 price range.Read More