Bitcoin price in 2012

In economics law of demand and supply, when more people are looking to buy Bitcoin (i.e. there’s more demand), the price will rise since people are willing to pay more and conduct transactions for a higher price. When less people are looking to buy Bitcoin (i.e. there’s more supply), the price will drop since people aren’t willing to pay as much.

How Much was Bitcoin Worth When it began in 2009? When Bitcoin started out there wasn’t really a price for it since no one was willing to buy it. The first time Bitcoin actually gained value was on October 12, 2009 when Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold 5050 Bitcoins for $5.02. This pave way for 1 Bitcoin to reach the value of $0.0009. How Much was Bitcoin Worth at its Peak? The highest price Bitcoin ever reached (Bitcoin all-time high) until today was $20,089 on December 18th 2017.

In January 2012, the price of Bitcoin was $5.5 and Close the year in December, at $13.5 per coin.


It is not late to buy and invest in Bitcoin. If you had known and bought just $100 of BTC in 2009, when the value was $0.0009, you will be sleeping in 1 millions dollars now. Digital Asset Investment to disrupt banking sectors in future. (Buy your crypto and keep for yourself for say 2-5 years and sell for profit). -Click here to buy from Trusted Exchange. Link: Buy on LiteBit.

Bitcoin is really a digital asset that will surely increase in the future due to its scarcity. Only 21 million Bitcoin will ever be mined. From historical perspective, every 4 years the Bitcoin protocol is halved to decrease the reward issued through mining. And after every 4 years, after the halving event, the prices increases exponentially. So with future prediction, the price will still rise. You can invest a little money that you can afford to loose and one-day say about 5 years from now, you will reap the reward.

You can buy on trusted Exchange like LiteBit and Changely. They use Exodus Wallet to save your coins on your non internet connected pc or better still save on a ledger nano (hardware wallets). Keep your private keys safely offline.