What is the price of one bitcoin in US$ on 1st January 2019?

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§ Judgement rule

How will the final result of the question be determined?

The value shown for "USD/Bitcoin" on the Moneyweb site at https://www.moneyweb.co.za/tools-and-data/daily-indicators/ on 1st January 2019.
Reference date: Jan. 1, 2019, 24:00 SAST

Answer options

Widget Price
 less than $5,000
17.43 %
 $5,000 to $10,000
22.79 %
 $10,000 to $15,000
17.66 %
 $15,000 to $20,000
18.66 %
 more than $20,000
23.43 %

Price trend

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Wiki article

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Bitcoin is a cryptocurrency and worldwide payment system.[9]:3 It is the first decentralized digital currency, as the system works without a central bank or single administrator.[9]:1[10] The network is peer-to-peer and transactions take place between users directly, without an intermediary.[9]:4 These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto[11] and released as open-source software in 2009.[12]

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies,[13] products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.[14] Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[15]

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Trevor Watkins
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