What happens if you buy bitcoin in 2009?

Even though the asset has been highly volatile, those who have held it long term have reaped incredible gains. For example, if you invested in bitcoin when it was first launched in 2009, your returns could be in the millions or billions, because the initial value of the asset was $0.


Could you buy Bitcoin in 2009?

Once Nakamoto released Bitcoin's software in January 2009, there were only two ways to obtain bitcoin — by mining it yourself or arranging a peer-to-peer (P2P) trade via a forum like Bitcointalk, which Nakamoto founded to host Bitcoin-related discussions.

How much would I have if I bought 1 Bitcoin in 2010?

According to historical data at Investing.com, Bitcoin's price never broke above $0.40 per bitcoin in 2010 but did manage to hit that level in early 2011.


What would $1000 of Bitcoin in 2010 be worth now?

That's wild right? This means that if you had invested $1000 at $. 08 in Bitcoin in 2010, that investment would be worth over $287 million dollars today. And that's if you did nothing but hold the coins and did no trading whatsoever.

Could I have bought Bitcoin in 2010?

Bitcoin first became available for public purchase in July 2010 at a price of $0.0008 USD ($0.0011 AUD) per Bitcoin. That's right, you could pick up a whole Bitcoin for just less than one-tenth of a cent.


buying bitcoin in 2009



When was Bitcoin $1?

Bitcoin broke $1 in April 2011, entering its first mini “bull run.” It rose by roughly 3,000% over the next three months and peaked between $29 and $32 (depending on the source) by June 2011. By November 2011, the price bottomed out again at $2. The following year was uneventful.

How much would I have if I invested $100 in Bitcoin in 2009?

If you invested $100, you'd have been able to buy about 1,000 bitcoins. At its all-time high Thursday, those 1,000 bitcoins would've been worth more than $48 million, not accounting for compounding and assuming you bought and held the asset the entire time.

What year was bitcoin $10?

Bitcoin Price in 2011: The Surge Pt.

In February of 2011, BTC reached $1.00 for the first time, achieving parity with the U.S. dollar. Months later, the price of BTC reached $10 and then quickly soared to $30 on the Mt. Gox exchange. Bitcoin had risen 100x from the year's starting price of about $0.30.


Who owns the most bitcoin?

Top Known Individual Holders
  • Satoshi Nakamoto (~1.1 million BTC) ...
  • The Winklevoss Twins (70,000 BTC) ...
  • Tim Draper (29,000+ BTC) ...
  • Michael Saylor (17,732 BTC) ...
  • Public Companies. ...
  • Private Companies. ...
  • Countries & Governments.


How much would I have if I invested $100 in bitcoin in 2012?

10, 2012: By late 2012, Bitcoin had jumped to $13.54 each. Your $100 would have a current value of $323,055. Dec.

Will Bitcoin go to zero?

While unlikely, there's also a possibility that Bitcoin could go to zero following a massive sell-off. The fallout from the FTX crash is ongoing. Crypto exchange BlockFi, which had received a line of credit from FTX.US and was set to be acquired by it, filed for bankruptcy on Nov. 28.


What was the original price for 1 Bitcoin?

In July 2010, bitcoin began trading at US$0.0008, climbing to US$0.08 by month's end. The cryptocurrency then performed relatively flatly, slowly rising into the US$10 range until it spiked to US$250 in April 2013.

How many Bitcoin billionaires are there?

These 19 billionaires have made their riches in the world of cryptocurrency. t's been a wild twelve months for the world of cryptocurrencies, from the Elon Musk-fueled ascent of Dogecoin, to Web3 innovations and non-fungible tokens (NFTs), to the wild swings in Bitcoin and other crypto tokens.

How many Bitcoins are left?

As of June 2022, there are about 2 million bitcoins (BTC) left to be mined, which means that there are nearly 19 million currently in existence.


How much was 1 Bitcoin in 2011?

The closing price for Bitcoin (BTC) in 2011 was $4.25, on December 31, 2011. It was up 1,316.7% for the year. The latest price is $16,769.74.

How much Bitcoin cost in 2009?

What Price Did Bitcoin Start At? Bitcoin was originally worth next to nothing. The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for $5.02, giving each Bitcoin a value of $0.0009 each.

Does Warren Buffett own Bitcoin?

He repeatedly said he doesn't own any Bitcoin and never will.


How many people have 1 Bitcoin?

According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more reached 950,000.

Which coin is next Bitcoin?

Ethereum (ETH)

The network operates through “smart contracts” written in computer code that is uploaded to the blockchain which other cryptocurrencies operate through. Ethereum currently doesn't sell as high as Bitcoin, with its price (as of December 2022) at $1,265.54.

What was the price of 1 Bitcoin in 2008?

2008 – 2010. August 22, 2008, BTC Price: $0 – Satoshi Nakamoto begins an email exchange with Wei Dai, the creator of b-money, pictured below.


What year was Bitcoin 1 cent?

On 19 June 2011, a security breach of the Mt. Gox bitcoin exchange caused the nominal price of a bitcoin to fraudulently drop to one cent on the Mt.

What would $10 in Bitcoin in 2010 be worth today?

If you had invested in Bitcoin (BTC) in 2010, when the coin was worth just over $0.002 per BTC, you would have nearly made over 1,565,217,291% return on your money. A $10 investment in 2010 would be worth around $156 Million today.

How much was 1 Bitcoin in 2015?

After continuing the rally from the previous year, it peaked around $850 in February and ended the year down at $378.64. The price of a Bitcoin continued to decrease for a few months in 2015, but increased toward the end of the year to $362.73 on December 1st.


Is it too late to buy Bitcoins?

Now is definitely an exciting time for those interested in buying Bitcoin as its price continues to shed on a monthly basis. And here's the good news: no, it's not too late to invest in Bitcoin!