Bitcoin price has come a very long way since its invention, when its anonymous creator Satoshi Nakamoto published whitepapers.
Bitcoin price 10 years ago
Bitcoin had a price of about $0.003 in his first days of trading. For those who have been on the market long enough, this price looks like the price of many unspecified altcoins. However, at the time of writing this article, the price of bitcoin is around $9300, what mean unprecedented increase over the last decade.
Many people regret that they didn't buy bitcoin a few years ago, when the price was much lower. A few years ago, in 2015, it was possible to buy bitcoin for just $250. Although this may sound like a good promotion compared to the current bitcoin price, in 2010 BTC cost only a fraction of a dollar, or more precisely $0.003.
The data shown by a popular cryptocurrencies commentator - CryptoBull shows that the price of Bitcoin exactly ten years ago was 0.00429.
This information comes from Bitcoinmarket, a platform that is known as the world's first cryptocurrency exchange. Looking at the order book, you can cry when you see that 6100 bitcoins costed only $20, and today we would have to pay as much as $57 million for the same amount. The price of bitcoin has increased by more than 221,428,400% over the last 10 years.
More than just Bitcoin's price has changed
Much more than just the price of Bitcoin has changed in the last ten years. First of all, the number of available altcoins has increased, and although most of them have no future, the attention they receive is far greater than in 2010, when only a handful of people have heard about Bitcoin.
The infrastructure is also much better. Nowadays we have a lot of crypto exchanges to choose from, as well as platforms on which traders can speculate on leverage without having a physical asset.
Countries and institutions all over the world have also paid attention to cryptocurrencies, especially stable coins. Many of them, including China, are working on their own digital central bank currencies, which proves their potential.