Price Of Bitcoin In The Year 2000 | StatMuse Money (2024)

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Price Of Bitcoin In The Year 2000 | StatMuse Money? ›

The average closing price for Bitcoin (BTC) in 2000 was $0.

Bitcoin wasn't even worth a dollar until February 2011. That's when the fireworks started. By June 2011, the price of Bitcoin had shot up 30 times, reaching a value of $30.

Until 2013, almost all market with bitcoins were in United States dollars (US$). As the market valuation of the total stock of bitcoins approached US$1 billion, some commentators called bitcoin prices a bubble. In early April 2013, the price per bitcoin dropped from $266 to around $50 and then rose to around $100.

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.

The current price of 2000 US Dollar in Bitcoin is 0.02924 BTC.

The New Liberty Standard Exchange recorded the first exchange of Bitcoin for dollars in late 2009. Users on the BitcoinTalk forum traded 5,050 bitcoins for $5.02 via PayPal, making the first price mediated through an exchange a bargain basem*nt price of $0.00099 per bitcoin.

The average closing price for Bitcoin (BTC) in 2000 was $0. The latest price is $68,909.21.

After five years, the $50 investment might be worth around $67.20. If the price of Bitcoin were to climb at a rate of 25% each year, the initial investment of $50 might be worth around $129.70.

According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

How much will 1 Bitcoin be worth in 2025? ›

In January 2024, Wood stated that Bitcoin could hit $1.5 million by 2030 after "the probability of the bull case has increased with this SEC approval. This is a green light." Before approving the spot ETFs, Wood predicted that Bitcoin could reach $1 million by 2030.

In the dynamic landscape of cryptocurrency, these ten coins, including TRON, Shiba Inu, Astar, Kaspa, Dogecoin, Stellar, Kava, Polygon, Cronos, and VeChain, present diverse potentials for reaching the $1 milestone in 2024.

1 USD equals 0.000014 BTC. The current value of 1 United States Dollar is -0.67% against the exchange rate to BTC in the last 24 hours. ​ The current Bitcoin market cap is $1.39T. ​Create a free Kraken account to instantly convert USD to BTC today.

Ultimately, investing in bitcoin is a personal decision, whether you're buying ETFs or actual digital coins. If you decide to invest, you should have an already diversified portfolio of assets like index funds. You typically don't want to invest money in speculative assets you can't afford to lose.

Cost Breakdown for $1,000 of Bitcoin

Here's how the fees would add up: Retail Fee: Let's consider the higher end of the retail fee range ($4.95) for this calculation. $4.95 per transaction x 2 transactions = $9.90. Bitcoin Purchase/Conversion Fee: $1,000 x 11% = $110.

The year 2012 proved to be a generally uneventful year for Bitcoin, though it did increase by a few dollars; however, 2013 witnessed strong gains in price. Bitcoin began the year trading at $13, crossed $100 by April, then $200 by October.

The closing price for Bitcoin (BTC) in 2015 was $430.57, on December 31, 2015. It was up 34.4% for the year. The latest price is $70,732.

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 $70,732.

The closing price for Bitcoin (BTC) in 2012 was $13.45, on December 31, 2012. It was up 185% for the year. The latest price is $70,899.63.