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Bitcoin first hit $1 level 12 years ago today on 02/09/2011

All Cryptocurrencies

by COINS NEWS 101 Views

Bitcoin, the world’s oldest and the biggest digital asset, is synonymous with cryptocurrency. Created in 2009 by an unknown person using the alias Satoshi Nakamoto, this digital currency had hit the level of $1 for the first time on 9 February 2011.

This means a $100 investment then would be worth about $2.1 million today or a cool $6.9 million at the ATH back in November 2021! What will a $100 worth of sats today be worth in 2035? It is unlikely that there are any projects out there today that will increase by 50,000% but you never know. Is the new BTC already on a blockchain somewhere? Or will no one ever replicate the staggering rise of crypto's OG?

Many like me were aware of bitcoin but didn't see the point or lacked the technical sophistication to scoop up any in those early days. I had that proverbial friend who spent what would now be millions buying LSD from Silk Road. How were we to know it would ever be more than a dark web payment option?

To those who knew and are still here, good on you sers. And to the rest of us late to the party, let's hope the good times keep going.

submitted by /u/XnoonefromnowhereX
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