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13 years ago: Selling 5,000 Bitcoins for just $5!

13 years ago: Selling 5,000 Bitcoins for just $5!

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Answer 13 years ago: Selling 5,000 Bitcoins for just $5!

October marks the thirteenth anniversary of the first ever Bitcoin traded against the dollar.

On October 12, 2009 exactly 5,050 bitcoins were traded for $5.02.

has been done Deal by Finnish developer Marti Malmi, who helped Satoshi Nakamoto work on Bitcoin in its early days.

Prior to trading, Bitcoin had no market value.

As one of the oldest transactions, has been confirmed the transfer The Bitcoin blockchain is crossed more than 733,000 times making it virtually impossible to reverse the transaction.

At today’s prices, the deal value is $96,376,371.50.

If using and calculating the price of Bitcoin during its all-time high in November ($69,000), the transaction value would be around $348,450,000.

Read:Is the downtrend for bitcoin and the cryptocurrency market over?

The first ever Bitcoin transaction was made between Satoshi Nakamoto and Hal Finney for just 10 BTC.

Bitcoin was first used as a payment method in May 2010 when a Florida man negotiated and offered 10,000 Bitcoin for two pizzas worth just $25.

Read:Fintech company Verifone partners with BitPay to offer crypto payments

Read also:

After Coinbase, Blockchain.com Obtains a Crypto License in Singapore

October turns into the biggest month in terms of hacking volume in the cryptocurrency space



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