The first ever BTC USD rate is established on October 5th 2009 based on the cost of electricity to produce one single Bitcoin the rate was one dollar equals 1 309.03 BTC or inversely one BTC was worth just .00076 a fraction of a cent.
A few months later on February 6 2010 the first ever Bitcoin exchange is established it's funny to look back to these early discussions and the Bitcoin price predictions these very early adopters were making where twelve dollars per BTC seemed like something taken out of a fantasy novel who could have imagined back then where Bitcoin would be today.
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