In the field of digital currency, Bitcoin has always attracted much attention. People are interested in the price history of Bitcoin when it was cheapest. How much was the lowest price of Bitcoin? Let's uncover the historical price of Bitcoin and explore the story behind it.

When Bitcoin was first launched, the price was not worth much. On January 3, 2009, Satoshi Nakamoto released the first version of Bitcoin, and the price of Bitcoin was zero at that time. This means that Bitcoin was initially obtained for free, and anyone could get Bitcoin through mining. At that time, almost no one predicted the huge potential of Bitcoin in the future, and no one could imagine that Bitcoin would become a popular investment target today.

As Bitcoin gradually became known and accepted by more people, its price began to fluctuate. In 2010, the price of Bitcoin was first fixed on the market, and the price at that time was only $0.003. This price may seem insignificant, but it is an important node in the history of Bitcoin prices. For those who bought Bitcoin at that time, they might not have imagined the future surge in Bitcoin, but their choice became a legend in the history of investment.

As the price of Bitcoin continued to rise, 2017 became the "explosion year" of Bitcoin. Bitcoin prices soared to an all-time high in 2017, exceeding $20,000 at one point. However, the subsequent price decline also made people begin to re-examine the value of Bitcoin. In the fluctuations of Bitcoin prices, investors have gradually realized the risks and opportunities in the digital currency market.

For investors, it is crucial to understand the historical price of Bitcoin. By studying the historical price of Bitcoin, investors can better grasp the market trend and formulate more reasonable investment strategies. The history of Bitcoin's price fluctuations also reflects the uncertainty and potential of the digital currency market.

In addition to price fluctuations, there are more things worth exploring behind Bitcoin. As a decentralized digital currency, the blockchain technology behind Bitcoin has also attracted much attention. The decentralized characteristics of blockchain technology make Bitcoin more secure and transparent in the transaction process. The application of this technology also provides a solid foundation for the development of Bitcoin.

In addition, the circulation and mining difficulty of Bitcoin are also important factors affecting its price. The total amount of Bitcoin is set at 21 million, which makes Bitcoin scarce and thus affects its price fluctuations. At the same time, the difficulty of Bitcoin mining is constantly adjusted, which leads to a gradual decrease in Bitcoin production and has a certain impact on prices.

In the wave of the digital currency market, Bitcoin has always been the focus of investors. The historical price fluctuations of Bitcoin reflect the changing situation of the digital currency market, as well as the confidence and choices of investors. For investors, understanding the historical price of Bitcoin is an important reference for formulating investment strategies and a prediction of the future development of the digital currency market.

In general, the price of Bitcoin at its cheapest is a thought-provoking topic. The history of Bitcoin's price fluctuations is not only a legend in the digital currency market, but also an experience for investors. On the road of future investment, investors need to have a deeper understanding of Bitcoin and the digital currency market, seize opportunities and meet challenges. Let us wait and see the future of Bitcoin!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to market data, three years ago, the price of Bitcoin soared from less than $1,000 to nearly $20,000 in just a few weeks. On Tuesday, local time, the cryptocurrency rose 4.8% to $19,225, slightly lower than the record high of $20,089 set in December 2017. This data can be said to be known by many investors, but investors do not know how much Bitcoin is when it is cheapest. So, how much is Bitcoin when it is cheapest? The following editor of the currency circle will tell you how much Bitcoin is when it is cheapest?

 How much is Bitcoin when it is cheapest?

1. The historical lowest price of Bitcoin appeared on July 6, 2013, and the lowest price fell to 437.92 yuan.

2. Bitcoin was issued on October 31, 2008, and its initial price was $0.0025.

Warm reminder: Due to the different depths of major exchanges, the prices counted are different, but the highest price of Bitcoin is 140,000 yuan.

 Bitcoin development history:

In May 2020, BTC will be halved for the third time at block height 630,000, with a 50% reduction in rewards. After the halving, the block reward will be 6.25 BTC.

In June 2019, the price of Bitcoin once again exceeded $10,000.

In April 2019, the price of Bitcoin suddenly soared, reaching $5,000 at one point.

In March 2018, the Lightning Network was launched on the Bitcoin mainnet.

On December 17, 2017, Bitcoin hit a high of $19,783.06.

At the end of the day, Bitcoin will drop to $19,500. In general, the price of Bitcoin rose by 1,824% from January 1 to December 17.

In 2017, Bitcoin forked into two currencies, BTG and BCH; the Chicago Board Options Exchange (Cboe) launched Bitcoin futures contracts.

In 2016, the Bitcoin network computing power exceeded 1EH/S; on July 9, Bitcoin ushered in a new wave of halving.

In 2015, Coinbase Exchange was launched, the first compliant online exchange in the United States; an estimated 160,000 merchants accept Bitcoin payments.

On December 11, 2014, Microsoft allowed users to use Bitcoin to pay for applications, games, videos, and online stores online.

In 2014, the Bitcoin network computing power reached 100PH/S; HMRC (British Tax Office) classified Bitcoin as an asset or private funds, meaning that Bitcoin mining or exchange would not be charged VAT; the US government auctioned more than 29,000 Bitcoins confiscated from Silk Road, indicating that Bitcoin is no longer considered an illegal trading currency; the first Bitcoin derivative transaction was conducted; Microsoft, Dell, etc. accepted Bitcoin payments.

In March 2014, the central bank issued the "Notice on Further Strengthening Bitcoin Risk Prevention Work", requiring various banks and third-party payment institutions to close domestic accounts.

In November 2013, the price of Bitcoin soared to $1,000.

In 2013, the fork problem appeared; in October, the first Bitcoin ATM was launched; the first Bitcoin theft occurred; the US Financial Crimes Investigation Cooperation Agency (FINCEN) issued the world's first virtual currency management regulations; Germany recognized the legal status of Bitcoin; China issued the "Notice on Preventing Bitcoin Risks", which clearly stated that Bitcoin does not have the same legal status as currency.

In January 2013, the dedicated ASIC Avalon Bitcoin mining machine was launched.

In September 2012, the Bitcoin Fund was established; on November 28, the block supply was halved for the first time.

In 2011, the official historical version 0.3.21 was launched, supporting new features including UPNP and satoshis, and the Bitcoin system gradually matured.

In 2010, the Mt. Gox website was established: Mt. Gox allows users to buy and sell Bitcoin. By 2013, Mt. Gox was responsible for processing about two-thirds of Bitcoin payments.

In December 2010, the world's first mining pool SlushPool mined a block.

In July 2010, software based on GPU graphics card mining appeared.

In May 2010, the first Bitcoin transaction occurred; in July, the world's first Bitcoin trading platform MT.GOX was founded in Tokyo; in August, attackers used integer overflow vulnerabilities to create 184 billion Bitcoins out of thin air; in September, the world's earliest "mining pool" Slush's pool, the first mining success; Satoshi Nakamoto retired and transferred the development rights to American Gavin Anderson.

On May 22, 2010, someone bought pizza with Bitcoin: on this date, it was the first time that the value of Bitcoin was reflected in the real world. A man named Laszlo Hanyecz spent 10,000 BTC and bought two pizzas. Today, it is called "Pizza Day" in the crypto community.

2009-01-12, First Bitcoin Transaction: Hal Finney's name appears again on January 12, 2009, the date of the first Bitcoin transaction. Satoshi sends Hal Finney 10 Bitcoins as a test transaction. So far, Bitcoin has never been transferred: only mined.

2009-01-09, Bitcoin releases open source client: it can be downloaded from SourceForge. From here, any technologically-
literate person can download the client and start mining for Bitcoin.

In 2009, the first Bitcoin block named Genesis was launched, and Satoshi Nakamoto obtained the first 50 Bitcoins through mining, marking the beginning of the Bitcoin network and the official birth of Bitcoin.

2008-10-31, Satoshi Nakamoto published Bitcoin's Genesis paper: "Bitcoin: A Peer-to-Peer Cash Payment System".

2008-08-18, Satoshi Nakamoto registered the Bitcoin.org domain.

Through the above introduction, I believe everyone has already understood the question of how much Bitcoin is when it is the cheapest. The editor of Coin Circle kindly reminds investors that they must do their homework before choosing digital currency for investment. After all, there are many companies engaged in blockchain entrepreneurship now. As an investor, you must first understand whether the team has technical strength, whether it has the endorsement of a large institution, whether it has successful projects, whether it has sufficient trust, etc., as a benchmark for judgment. If you want to know more relevant knowledge, you can pay attention to Coin Circle. The editor of Coin Circle will continue to update relevant reports later!

The price fluctuation of Bitcoin has always been the focus of investors. In the ups and downs of the digital currency market, the price of Bitcoin has also undergone many changes. Looking back at the historical price of Bitcoin, it is not difficult to find that the price of Bitcoin when it was cheapest is surprising.