Post
Topic
Board Speculation
Merits 5 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
HI-TEC99
on 11/04/2023, 00:34:02 UTC
⭐ Merited by machasm (2) ,JayJuanGee (2) ,vapourminer (1)
2010: $0.09 on July 17  but easter was 04 April. still can't find a price for it.

2011: $0.77 on April 1. easter was 24 April. I  found a price for $1.65 on this site https://bitcoinpricelookup.com/bitcoin-price-on-april-24-2011/
Looking for better info than I found
I just checked the historic Bitcoin chart on BuyBitcoinWorldwide and it gives me the following data:

4th April 2010: no data (it starts on 19th July, 2010). I just found this for 2010:

Quote
How Much was 1 Bitcoin Worth in 2010? Bitcoin's price never topped $1 in 2010! Its highest price for the year was just $0.39!
24th April 2011: $1.70

However, not sure if this price is accurate.
So either $1.65 or $1.70 for easter 2011.

and no known price for easter 2010. close we have is bitcoin pizza day for a spring 2010 price I think.

may 22 , 2010
10,000 coins for 1 pizza.

I could get a pizza for 10 dollars in 2011 so 1/10 of a cent would be the may 22, 2010 price.

https://www.investopedia.com/news/bitcoin-pizza-day-celebrating-20-million-pizza-order/

Now the guy who got 10000 coins on may 22 could have sold them on July 9 for 900 usd.

as btc was 9 cents in July on mt gox.

he would end up regretting that if it is what he did.

I like to use Bitcoincharts.com to try to pinpoint historical BTC price data, even though there might not have had been an exchange that had any price on Easter in 2010 as you mentioned, and even the bitcoin charts seem to NOT start to show MTGOX price information until September 2011.

NewLibertyStandard ran an early bitcoin exchange from his site and put the exchange rate here.

http://newlibertystandard.wetpaint.com/page/Exchange+Rate

People made snapshots of it. Here's some early ones.

https://web.archive.org/web/20100129103612/http://newlibertystandard.wetpaint.com/page/Exchange+Rate



https://web.archive.org/web/20100301174241/http://newlibertystandard.wetpaint.com:80/page/Exchange+Rate



https://web.archive.org/web/20100427033445/http://newlibertystandard.wetpaint.com/page/Exchange%2BRate



https://web.archive.org/web/20100528074505/http://newlibertystandard.wetpaint.com/page/Exchange%2BRate



https://web.archive.org/web/20100628150819/http://newlibertystandard.wetpaint.com/page/Exchange%2BRate



BitcoinFX ran another early bitcoin exchange.

I ran the '2nd' known Bitcoin <> fiat exchange service, using Liberty Reserve (now defunct - with my totally legally earned Forex trading funds being 'confiscated' when LR was shut down).

I had a basic website with contact information and a simple pricing widget, but the few successful trades I conducted were all manual and done via email. I certainly did not accept credit cards either and none of the trades I conducted totalled more than $10 in fiat value, at that time.

Before the BitcoinMarket exchange was established, there was someone in the US who made exchanges by accepting cash in the mail. I don't recall who that was and I think they also deleted most of their post history.

I just checked the way back machine archive and no copies of my website exist during the time it was online, which was for less than a few months, probably. I used a free .cc.cz domain with my forum account name. It was hosted for free on weebly.


There are waybackmachine snapshots of it. This is the earliest one. It says "Our maximum Exchange per request is currently 2500 BTC or $10 LR USD" on the homepage.

https://web.archive.org/web/20100617031313/http://www.bitcoinfx.cz.cc/

This is all the snapshots on the waybackmachine. The second one says "Available Bitcoins = 15,000 BTC".

https://web.archive.org/web/20100601000000*/http://www.bitcoinfx.cz.cc/

Thanks for correcting me on Bitcoin's history. I thought Bitcoin Market was the second exchange. You should be in the history books (and in the wiki).

...