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. Then in February, it crossed $1.
The closing price for Bitcoin (BTC) in 2010 was $0.30, on December 31, 2010. It was up 506.1% for the year.
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.
$1,000 Invested in Bitcoin in 2010 is Worth $287.5 Million Today (as of the time of this writing) | by Audrey Malone | DataDrivenInvestor.
Price of 1 Bitcoin in 2011: $1 – $30
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.
The closing price for Bitcoin (BTC) in 2012 was $13.45, on December 31, 2012.
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.
Bitcoin passed US$1,000 on 28 November 2013 at Mt. Gox.
Bitcoin spent the rest of the year gradually declining and closed 2014 at about $318. The year 2015 started with Bitcoin declining, but most of the year was a slow uptrend, unusual for Bitcoin, and it ended the year at $430.
The short answer
At the start of May 2011, Bitcoin was trading for approximately $3.50 (that isn't a typo). So, $1,000 would have bought approximately 286 Bitcoins, not counting any transaction costs. As of April 27, 2021, Bitcoin trades for $54,680.
Bitcoin Price is at a current level of 16791.46, down from 16824.79 yesterday and down from 50900.62 one year ago. This is a change of -0.20% from yesterday and -67.01% from one year ago.
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.
The closing price for Bitcoin (BTC) in 2014 was $320.19, on December 31, 2014. It was down 57.6% for the year. The latest price is $17,714.46. Daily pricing data for Bitcoin dates back to 7/17/2010, and may be incomplete.
A $1,000 investment at the high price five years ago could have purchased 0.0926 BTC. That $1,000 investment would be worth $1,559.04. This represents a hypothetical return of 55.9% over the last five years or an average annual return of 11.2%.
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.
Bitcoin had slumped to $350 in late 2014. It would have been a good time to buy. A $100 investment would have a value of $12,498 today. Dec.
The price of 1 Dogecoin currently costs $0.0767.
Reason Behind The Bitcoin Drop in 2022
Recent price fluctuations in Bitcoin and in the overall crypto market has been due to poor macroeconomic headwinds and the recent bankruptcies in the crypto world.
No one person owns or controls Bitcoin, and anyone can participate. While Satoshi continued to control Bitcoin's development, users and developers congregated in Bitcoin forums to contribute code and work on the project, which had become a collaborative effort.
July 28, 2010: In the early days, a Bitcoin cost investors just 6¢ each. That $100 investment would now be worth (brace yourself) $72,902,650.
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.
With today's difficulty rate but much more advanced systems, it may take a solo miner about 10 minutes to mine one bitcoin. The average rate for most miners, however, stands at 30 days.
December 12, 2010, BTC Price: $0.50 – Satoshi posts his final message on the Bitcointalk.org forum, pictured below.