Bitcoin was the first cryptocurrency and remains the most popular digital asset, as well as the largest by total value. The idea for Bitcoin was first announced on the Cryptography Mailing List by anonymous developer Satoshi Nakamoto, who published the white paper in October 2008. The Bitcoin Protocol was launched in January 2009. Nakamoto’s identity is still not publicly known.

What is Bitcoin?

As the first form of digital cash, Bitcoin uses a blockchain – a community-maintained database – to record transactions from one user to another, without relying on any centralised intermediaries such as banks or payment processors. The properties of the blockchain, which Nakamoto articulated in the white paper, mean that transactions are direct (peer-to-peer), irreversible, and have a relatively high degree of privacy. All subsequent cryptocurrencies and blockchain platforms build on Bitcoin’s technologies. Since the first Bitcoin exchanges were launched in 2010, Bitcoin has increased in value from a few cents to $20,000 at the end of 2020.

Bitcoin Price Chart

The reference rate shown below is indicative only. Actual buy/sell rates depend on market liquidity and fees at the time of quotation. This Bitcoin price chart tracks the price of Bitcoin against AUD over time.
AUD 63,601.00
AUD -7,136.83 (-10.09%)
AUD 127,933,299,562.00
AUD 71304
AUD 61916
Market Cap:
AUD 1,186,385,189,332

0.000016 Bitcoin = 1 Australian Dollar (AUD)

BTC [Bitcoin]AUD [Australian Dollar]
0.01 Bitcoin=633.8000 Australian Dollar
0.1 Bitcoin=6337.9999 Australian Dollar
1 Bitcoin=63379.9990 Australian Dollar
2 Bitcoin=126759.9980 Australian Dollar
3 Bitcoin=190139.9970 Australian Dollar
5 Bitcoin=316899.9950 Australian Dollar
10 Bitcoin=633799.9900 Australian Dollar
20 Bitcoin=1267599.9800 Australian Dollar
50 Bitcoin=3168999.9500 Australian Dollar
100 Bitcoin=6337999.9001 Australian Dollar
1000 Bitcoin=63379999.0005 Australian Dollar