Topic: Bitcoin posts record annual gain: 5,317% in 2013 - page 2. (Read 3602 times)
next year we finish the year at $22,500
It makes sense. 2014 could be honey badger time for bitcoin from authorities deciding how to regulate it.
On the other hand, there are new services and new businesses coming in 2014, so may be we should hold onto our hats just in case.
On the other hand, there are new services and new businesses coming in 2014, so may be we should hold onto our hats just in case.
i wish i had 500+ activity points, then i'd feel like i was part of the cool original only club.. and then i'd talk all the newbies down. when losing an argument, i'd just retort with "psh, you weren't even here at the beginning."
Bitcoin has posted a record annual gain, measured in USD.
At the start of Jan 1st, 2013, Mt Gox had a bid/ask of 13.45-55, or mid-price of $13.50
At the close of Dec 31st Bitstamp and BTC-E have 730.4-732 & 730-733, or mid-price of $731.35
(Mt Gox is not comparable because its US$ withdrawals do not take < 1 week, hence its bitcoin price is biased upwards).
Trace Mayer's statistics for previous years, now with 2013 completed:
2009 4,867% (uncertain price discovery period)
2010 387%
2011 1,320%
2012 170%
2013 5,317%
One observation is that, so far, odd-numbered years exhibit high-growth, while even-numbered years are consolidation/growth periods.
Even 170% gains in 2014 will be stellar. Happy New Year to all Bitcoin holders!
At the start of Jan 1st, 2013, Mt Gox had a bid/ask of 13.45-55, or mid-price of $13.50
At the close of Dec 31st Bitstamp and BTC-E have 730.4-732 & 730-733, or mid-price of $731.35
(Mt Gox is not comparable because its US$ withdrawals do not take < 1 week, hence its bitcoin price is biased upwards).
Trace Mayer's statistics for previous years, now with 2013 completed:
2009 4,867% (uncertain price discovery period)
2010 387%
2011 1,320%
2012 170%
2013 5,317%
One observation is that, so far, odd-numbered years exhibit high-growth, while even-numbered years are consolidation/growth periods.
Even 170% gains in 2014 will be stellar. Happy New Year to all Bitcoin holders!
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