What was the price value of bitcoin?

[Zerotrace]

Nowadays we all know that when a new coin is launched, it has an initial value, whether it is listed on an exchange or before.

But was this the case with Bitcoin? Bitcoin's starting value was 0. Maybe how did it create a value through the first trading? I know about the pizza 10k btc is that the first trade with bitcoin? And at this time, did the price of bitcoin introduced, like 0.06$?
I know that the matter is not that important, but I have curiosity while working on a purpose, so I tried to find out here.

[LoyceV]

Nowadays we all know that when a new coin is launched, it has an initial value

That's nonsense.

But was this the case with Bitcoin? Bitcoin's starting value was 0. Maybe how did it create a value through the first trading?

Supply and demand. It's the same for every other thing being sold: a seller and buyer agree to a price.

[d5000]

According to Reddit, the first trade was in October 2009, where somebody bought 5050 Bitcoin via PayPal for $5.02:

https://www.reddit.com/r/CryptoCurrency/comments/16kzhvm/til_the_firstever_bitcointofiat_sale_5050_btc_for/

This means, the first recorded price has been approximately 0.001 USD.  There were already 1.28 million BTC mined at that time, so the initial market cap was around 1300$.

PS: That was more than six months before Laszlo's famous pizza purchase. The pizza purchase would have been for $0.004. This means we had already a small bull market in 2009/10 of 300% price increase

[Zoomic]

Unlike the newly launched coins of today, Bitcoin didn't start with any fixed price.

As the first crypto asset, it had almost no value since there was no one using it for anything.

It was when few persons began to trade it fir something that it began to have a value tag.

Laszlo's famous 10k BTC for two John Papa's pizzas was the first time Bitcoin was used in a commercial transaction, some experts do claim that it was the worth of those two pizzas in local dollar rates was what was used to calculate Bitcoin's first price value.

[decodx]

Nowadays we all know that when a new coin is launched, it has an initial value, whether it is listed on an exchange or before.

Are you talking about ICOs? This is not the case for ALL newly launched coins.

But was this the case with Bitcoin? Bitcoin's starting value was 0. Maybe how did it create a value through the first trading? I know about the pizza 10k btc is that the first trade with bitcoin?

No, that wasn't the first Bitcoin trade. It was the first documented time Bitcoin was used as a medium of exchange for a real-world physical good. But, as far as I know, New Liberty Standard - the first Bitcoin exchange - was launched back in 2009.

And at this time, did the price of bitcoin introduced, like 0.06$?

How did you come at that number? 10,000 BTC for two Papa John's pizzas (worth about $40 at the time). Do the math.

[Zerotrace]

Nowadays we all know that when a new coin is launched, it has an initial value, whether it is listed on an exchange or before.

Are you talking about ICOs? This is not the case for ALL newly launched coins.

But was this the case with Bitcoin? Bitcoin's starting value was 0. Maybe how did it create a value through the first trading? I know about the pizza 10k btc is that the first trade with bitcoin?

No, that wasn't the first Bitcoin trade. It was the first documented time Bitcoin was used as a medium of exchange for a real-world physical good. But, as far as I know, New Liberty Standard - the first Bitcoin exchange - was launched back in 2009.

And at this time, did the price of bitcoin introduced, like 0.06$?

How did you come at that number? 10,000 BTC for two Papa John's pizzas (worth about $40 at the time). Do the math.

No I am not talking about the ICOs, I was talking in common coin those are coming in the market.

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It was misunderstanding I forgot to mention "for example", instead I used "like", it's not about he math bro.

[Ambatman]

Bitcoin's starting value was 0. Maybe how did it create a value through the first trading?

The estimated mining  cost was used in setting  the price then
And the first seller was a user here Sirius to New Liberty Standard
 

Supply and demand. It's the same for every other thing being sold: a seller and buyer agree to a price.

I will also be sharing this that was stated by DdmrDdmr some years ago

As said, offer and demand did not set the price back then (initially), but rather the above formula that ensured covering costs. The variation in price from one day to another is, I figure, due to the change in the "bitcoins generated by my computer(*) over the past 30 days" part, which will change as the 30 day window slides forward another day. Later on, price calculus was modified to include moving averages and the cost of data bandwidth.

[Alphakilo]

Unlike the newly launched coins of today, Bitcoin didn't start with any fixed price.

As the first crypto asset, it had almost no value since there was no one using it for anything.

It was when few persons began to trade it fir something that it began to have a value tag.

Laszlo's famous 10k BTC for two John Papa's pizzas was the first time Bitcoin was used in a commercial transaction, some experts do claim that it was the worth of those two pizzas in local dollar rates was what was used to calculate Bitcoin's first price value.

Let's not blame the newbie for bringing up a post like this that has a history of supply and demand written all over it and is available online from various sources, yet such a question is brought up without doing personal research.

The famous 'pizza day celebration' is one to begin with when talking about how the price of Bitcoin rose to become valuable and there's the first exchange of which was Mt.Goz who launched their first order book in July 2010.
There's more examples, but more research can be done to get the right and exact information you need OP.

[I_Anime]

According to Reddit, the first trade was in October 2009, where somebody bought 5050 Bitcoin via PayPal for $5.02:

https://www.reddit.com/r/CryptoCurrency/comments/16kzhvm/til_the_firstever_bitcointofiat_sale_5050_btc_for/

This means, the first recorded price has been approximately 0.001 USD.  There were already 1.28 million BTC mined at that time, so the initial market cap was around 1300$.

PS: That was more than six months before Laszlo's famous pizza purchase. The pizza purchase would have been for $0.004. This means we had already a small bull market in 2009/10 of 300% price increase

That’s why I usually tell folks that get too excited due to the bull market , that Bitcoin has been bullish all this while from the year 2009 till date . Though during those times there are usually some serious up and down movement , I went through the Reddit post scroll down to the comment section I saw some folks commenting things like “I wish someone can take me back to the year 2009”  to buy bitcoin cheap .

Funny how ten years from now many will still make that same statement, even those that saw bitcoin at the price range of $1000 are still regretting not taken action then , thinking bitcoins was at its peak already then like how many still thinks now . Is never too late to start now , Bitcoin may or may not outperform its past but just know that we are not at the peak yet.

[JimaGod]

Nowadays we all know that when a new coin is launched, it has an initial value, whether it is listed on an exchange or before.

But was this the case with Bitcoin? Bitcoin's starting value was 0. Maybe how did it create a value through the first trading? I know about the pizza 10k btc is that the first trade with bitcoin? And at this time, did the price of bitcoin introduced, like 0.06$?
I know that the matter is not that important, but I have curiosity while working on a purpose, so I tried to find out here.

Bitcoin have been in existence in the past decades and we can tell with our hand on our chest that Bitcoin dint have a launch price yet or even initial coin offerings which means it got no value back then, this was really one of the good time to know about the investment and key dip into it because we might have gotten a good start and also a solid foundation in Bitcoin but it all changed since we're unable to meet up and ended up ignoring the whole thing.

Today Bitcoin price have skyrocket for the moon, because investors started to buy and trade, so as the price gradually increased. Today, Bitcoin is fixed and the adoption came after the asked price was initiated.