The $0.48 Bitcoin Story: Remembering When 160 BTC Sold for Pennies 13 Years Ago Today
Thirteen years ago today, a pivotal, almost unbelievable event in Bitcoin history occurred. An early adopter, a miner who had secured 160 Bitcoin (BTC) using a mere 1 kWh of energy, made a decision that would become a legendary "what if" scenario in the crypto world: they sold all 160 BTC for a grand total of 48 cents. That\'s right, 160 bitcoins at $0.0003 apiece.
Bitcoin: Seorang investor menjual 160 BTC seharga 48 sen seharga $0,0003. This sale, representing arguably the lowest price ever recorded for Bitcoin, highlights the early days of uncertainty and the perceived lack of value surrounding the nascent cryptocurrency.
I Was reading through the comment box of an interesting tweet shared by Rizzo, about a man that sold 160btc at 0.003 per 1 about $0.48. The story resonates even today, resurfacing in online discussions and serving as a cautionary tale (and a source of humor) for those who might be quick to dismiss promising technologies.
Imagine the scenario: 13 years ago, pada, seorang pengguna awal menambang 160 Bitcoin gratis pada 1 kWh. Subsequently, as BTC dipped in price, the user sold the 160 bitcoin s at its lowest price ever recorded, $0.0003. The miner earned $0.48 (48 cents) from the sale, missing... a monumental opportunity. Had they held onto those coins, they would be worth millions of dollars today.
The story also highlights the potential for rapid adoption. Went further to read the reddit 13 years ago, I would have bought at $0.03 and sold all BTC at $0.02 in a panic. I would\'ve waited until it hit $0.10 and then panic sold at $0.01. Just to buy back at $1.00 before it momentarily... illustrates the fear and uncertainty that surrounded Bitcoin in its infancy. Many dismissed it as a fad, unaware of its potential to revolutionize finance.
Sold 160 bitcoins at $0.003 per bitcoin, the lowest price in bitcoin history. The incident took place 13 years ago today i.e. on . Someone sold 160 bitcoins... A sobering thought for anyone considering selling their crypto holdings during market dips. While no one can predict the future, this incident serves as a reminder of Bitcoin\'s resilience and long-term growth potential.
While the exact details of the seller\'s identity remain largely unknown, the impact of their decision is undeniable. The story of the 160 BTC sold for 48 cents is a powerful symbol of the risks and rewards associated with investing in emerging technologies.
It\'s important to learn from these early experiences. On that date someone sold 160 BTC that he/she mined with just the use of 1 kWh energy, for the lowest price ever recorded at $0.003 cents as that person thought Bitcoin to be overvalued at... Many current investors feel that same level of doubt, but need to look at the history and the potential of Bitcoin to see how much it could continue to grow.
8 de sept. de 2025 Exactly thirteen years and three days ago, on Aug, an early Bitcoin investor decided to put his stash of 30,000 bitcoins (BTC) up for sale at a fire sale. 3 de sept. de 2025 Hace exactamente trece años y tres días, el 30 de agosto de 2025, un inversor temprano de Bitcoin decidió poner a la venta su alijo de 30.000 bitcoins (BTC) a un... Although the sale of 30,000 BTC did not happen, and is probably a mistranslation, there were some very early sales. This 160 BTC sale remains one of the best reminders about the cryptocurrency.
So, on this day, remember the tale of the 160 BTC sold for 48 cents. It\'s a story of missed opportunity, but also a testament to the enduring power and unpredictable journey of Bitcoin.