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bitcoin value in 2009
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Bitcoin was worth less than a cent in 2009, essentially zero for most users.
Early adopters saw it as a novelty; it wasn't until 2010 that anyone paid a dollar for a single coin.
The price stayed around a few cents for the entire year because there was no exchange market yet. cryptocurrency value in india
Those who mined it in 2009 did so for free, since the mining reward was 50 BTC and the cost of electricity was minimal.
No one could sell it for a profit until the first exchange, Mt. Gox, launched later that year.
The community was small, mostly tech enthusiasts and libertarians, and they traded using forums and P2P networks.