Bitcoin history: US dollar parity on 9 February 2011
9 February 2011 by Mike GogulskiPosted in economics, technology | 4 Comments »
Today is a day of awesome. Bitcoin, the peer-to-peer, pseudonymous cryptocurrency, has reached market parity with the US dollar for the first time.
Exchange rate graph from the largest Bitcoin exchanger, Mt Gox (click to enlarge):
Parity party! Go, go deflation!
265 trades occurred, with a total volume of BTC 49,632.50.
The Bitcoin economy is now worth more than US$5.5 million, or more than 3750 ounces of gold.
4 Responses to “Bitcoin history: US dollar parity on 9 February 2011”
By Lyndsy Simon on 27 May 2011
… And three months later, I just purchased BTC at $8.30, and considered it a steal.
By simoncpu on 9 June 2011
I didn’t have faith in BTC back in February, and now it’s trading at almost $30.
Oh, regrets, regrets, regrets…. ??
By aurelscorp on 23 October 2013
hello i live in the future and Bitcoins now worth 215$ (2013, October 23).
By hiya on 30 July 2014
hi! I am from even a more distant future where bitcoins are worth 560$