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U.Today – A historical statement from the unknown creator, Satoshi Nakamoto, has recently appeared, which raises the specter of cryptocurrency price history. In a tweet, Alex Thorn, Head of Research at Galaxy Digital (TSX:), shared a statement believed to have been made by Satoshi in January 2009: “It would make sense to get more if they continue.” Thorn’s post comes as the cryptocurrency world commemorates 16 years of Bitcoin. On January 3, 2009, Satoshi Nakamoto mined the genesis block of Bitcoin, commonly known as Block 0. This first block had a clear message embedded in its code: “The Times 03/ Jan/2009 Chancellor is on the verge of getting a second currency for banks,” he said in a headline in The Times published on the same day. Although the Bitcoin white paper was released on Oct. 31, 2008, many consider Jan. 3, 2009, as the cryptocurrency’s birthday. In the past 24 hours, messages of celebration have flooded in. crypto community from major crypto exchanges, Bitcoin enthusiasts and prominent crypto figures to mark Bitcoin’s 16th birthday.
From $0 to $100,000
Thorn shared an image showing the price of Bitcoin on the Genesis Block from the beginning. This highlighted the rise of Bitcoin over the years, with its price rising from $0 to thousands of dollars. When it started on January 3, 2009, Bitcoin had no monetary value and was almost worthless, going for $0.00. Fast forward to January 3, 2025, and the value of Bitcoin is trading at an impressive $96,547.
For many in the crypto space, Satoshi’s statement to “get more if it catches” has proven prophetic. Over the past 16 years, Bitcoin has not only caught on but has become the cornerstone of the cryptocurrency market. At the time of writing, Bitcoin was trading at $98,208, an all-time high of $108,268 on December 17, 2024. . Bitcoin has a current market value of $1.93 trillion, it touched $2 trillion last year.