Bitcoin investment continues to attract public interest. So what was the actual price of Bitcoin when it was first announced? After seeing its fantastic value in recent times, it is evident that many people are surprised. The digital currency Bitcoin is becoming increasingly popular thanks to the many billionaires who buy Bitcoin in bulk. One of them is Elon Musk, who made a purchase of US $ 1.5 billion in February 2021. For more information click here.
The price of Bitcoin was first closely related to the history of its emergence. In January 2009, Bitcoin appeared in a transaction on the internet. The transaction was carried out by a group of developers using Satoshi Nakamoto’s name with a Bitcoin user. Previously, Bitcoin was released in 2008 and only became known as open-source software the following year.
Nakamoto admits that he started the Bitcoin project in 2007. However, he only published it in 2008 in a report entitled The Cryptography Mailing List. In the next few years, the Bitcoin exchange system began to develop. Inspired by digital currency from Wei Dai, which appeared in 1999, Nakamoto created a more secure security system. They modify the Bitcoin system periodically. Since starting to be used as a medium of exchange, the price of Bitcoin was first no more than the US $ 1 per chip. With the average exchange rate at that time, the price of 1 piece of Bitcoin was at Rp. 14,000. Its value increased slightly in 2012, which was around US$ 5-7 per chip.
Bitcoin price movements began to increase significantly over time. In 2013, the value had jumped from US$ 100-1,000 per chip within one month. However, in 2015, the value fell again to US$ 200. After 2015, the price per chip rose drastically to reach US$ 19,000. The price trend only decreased in 2018 and touched the US $ 3,742. After that, the value went up again. Until February 14, 2022, the price of one Bitcoin is IDR 607 million.
Although very volatile, now many people are interested in investing in Bitcoin and like the action of one of the wealthiest people in the world, Elon Musk, buying Bitcoin after replying to a tweet with Michael Saylor, CEO of MicroStrategy Inc, as well as supporting this digital currency.
In Indonesia, the government has also started to consider the legality of using crypto assets. The Commodity Futures Trading Regulatory Agency (BAPPEBTI) has established 13 crypto exchange service providers based on administrative and security selections to maintain legality. Currently, you can transact using 229 types of crypto.
The value of Bitcoin has the opportunity to continue to rise to reach the US $ 397,000-500,000 per chip in 2030. However, this fantastic figure is certainly not a definite number, so the public needs to be careful about it. Nevertheless, seeing the potential of Bitcoin, which is very much different from the price of Bitcoin the first time, it never hurts to try investing.
How to Learn Bitcoin Trading for Beginners to Make Profits
Learning by doing is one way of learning Bitcoin trading for beginners that have been proven to improve investors’ experience in playing Bitcoin. In addition to hands-on experience when investing in Bitcoin, you can also learn a lot about Bitcoin through the following ways!
One thing is no less critical for beginners than novice investors need to know about Bitcoin. Bitcoin is one of the current investment instruments that have performed best in the last few years. So, it is not surprising that so many novice investors from the millennial generation flock to buy Bitcoin as an investment today through various exchanges registered with CoFTRA.
Well, for those of you who are just starting your first investment in Bitcoin, at least there are several ways to learn Bitcoin trading for beginners that have been proven to reduce the risk of investor losses. Yet, even the idea of ​​crypto and blockchain will sound futuristic and exciting. But it also has crypto coins. Moreover, some of the coins produced are not limited, such as the famous Dogecoin coin, which the developers created to mock bitcoins. And call it a fun version of Bitcoin.