October 6th is the anniversary of the first Bitcoin user to calculate Bitcoin prices, indicating their willingness to purchase or sell digital currency.On this day 14 years ago, the price of Bitcoin was born
October 6th is the anniversary of the first Bitcoin user to calculate Bitcoin prices, indicating their willingness to purchase or sell digital currency.
On this day 14 years ago, the price of Bitcoin was born.
As Bitcoin historian Pete Rizzo pointed out in an article published in X today, "October 6th marks the anniversary of the first public valuation of Bitcoin's US dollar price by early anonymous Bitcoin user NewLiberty Standard.
At that time, NewLiberty Standard was a family miner who used electricity prices to calculate exchange rates, considering the cost of powering personal computers while mining coins in almost no competition.
At that time, his conclusion was that,1309 Bitcoins are worth $1, which means that $1 can purchase Bitcoins generated by 26 blocks
This calculation marks the first time that the price of Bitcoin has exceeded zero. As Rizzo pointed out,Nakamoto has never priced Bitcoin, and to our knowledge, has not proposed to purchase or sell Bitcoin in US dollars.
This date is worth noting,Since then, the world's first cryptocurrency, Bitcoin, has achieved an astonishing milestone, with its price soaring by over 360000000%.
To this day, Bitcoin has become a household name, a symbol of financial innovation, and a means of storing value.
It has gone through countless ups and downs, regulatory challenges, and market cycles, becoming a resilient and highly sought after asset. The exponential growth of Bitcoin prices proves its unique functionality and value proposition.
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Author: More Content Official Account KeplerResearch
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