The very first bitcoin transaction took place on January 12, 2009, between creator Satoshi Nakamoto and developer Hal Finney. On October 5, online publication New Liberty Standard pegged the bitcoin exchange rate at 1 USD = 1,309.03 BTC — a calculation based on the cost of electricity for a computer to create bitcoins. Check out today's live bitcoin price chart updates, how the real-time BTC/USD exchange rate value works and how to analyze the market's price of BTC in USD Bitcoin live price chart to USD. Price statistics on multiple timeframes, order book, news and trollbox.

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While speaking at the World Economic Forum in Davos, he brought some calm to the cryptocurrency market. “Bitcoin could definitely see $50,000 in 2018.” At the moment of the statement, Bitcoin was traded over $11,000, days later it reached the lowest point in months when it was displayed in cryptocurrency exchanges under $6,000 dollars.

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Bitcoin was originally invented by an unknown person or group under the pseudonym Satoshi Nakamoto and released as open-source software in 2009. Bitcoin has long been the face of cryptocurrency, and research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, with most of them using Bitcoin.

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