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Block 24400 (http://blockchain.info/block-height/24400 http://blockchain.info/block-height/24400) was created on October 5th, 2009. It created the 1,220,000th B
by gibybo 13y ago
Block 24400 (http://blockchain.info/block-height/24400 http://blockchain.info/block-height/24400) was created on October 5th, 2009. It created the 1,220,000th Bitcoin. So not only would you have a hard time finding people to sell you Bitcoin, there wouldn't even be enough in existence to buy $1000 worth at that price.
- SwellJoe 13y agoPeople were giving Bitcoins away at that point, as a way to spread the idea of the currency (people still do, just in smaller divisions of coins). But, no one was giving away, or selling, all of their coins because it would have destroyed the economy before it started. At that stage, the goal was to grow, spread awareness, and test the concept...not get rich.