2018 has been one of the best year for bitcoin.
The pump of last year presents the idea that we have been in a bearish run all through this year, but the average support has been higher than any other year.
And the volatility has greatly reduced.
It has been a slow year with little excitement, I see that as a huge step in gaining acceptance as a currency.
Topic: Bitcoin value history (comparison to US$) - page 2. (Read 374 times)
There's no reason for crypto to move as fast as 2017 anymore, people have to deal with it regardless of numerous catalyst on big projects, its gonna be an era where bad coins got pumped and those which real value sustain as any ordinary technology stocks, definitely its sadden for many people to not able to retreat their gains since jan but lets believe in our portfolios
do not compare past prices with current price, because this does not help at all. In the last years we did not have much demand, in the past years we had few exchange, in the past years we did not have the attention of governments and banks as we have today. Things have changed a lot since the last years until now and we need to understand that. You see, last year we saw a lot of optimistic prediction, but we are less than 2 months into the end of year and no prediction has come true.
We all know that, what's the point then? Everyone can look up the charts, it still doesn't show a point Bitcoin was growing because it has a demand, then Bitcoin grew because there is a speculation on
The interesting part is the linking to the events that may have affected the price evolution.
The even more interesting part is that after reaching $8100 there was no clear event that could have done neither the ATH, neither the fall afterwards. Although there are a couple of events OP may have missed, real or not (Gox sale), I think that an observation would be that a big part of the evolution in the last year was speculation and manipulation.
Can we jump to the conclusion that something like 8100$ is closer to the real price of Bitcoin (for last year)? Then we should reach it and even pass that value by some little margin, sometime in the next few months?
We all know that, what's the point then? Everyone can look up the charts, it still doesn't show a point Bitcoin was growing because it has a demand, then Bitcoin grew because there is a speculation on
it would have been a lot better if you posted a chart. usually a graphical representation of "data" is so much easier to understand and analyze instead of the raw data in text form where you have to read it without any visualization.
number-wise price is the same but market is not at all the same.
last year price was on the rise and we were mid rally while the adoption was growing. this year we are post-correction/post-bubble stage while bitcoin is under-priced.
So basically we are at a similar point as last year in terms of bitcoin price. The only thing missing is the mega pump that we experienced in december last year, better stock up now
number-wise price is the same but market is not at all the same.
last year price was on the rise and we were mid rally while the adoption was growing. this year we are post-correction/post-bubble stage while bitcoin is under-priced.
So basically we are at a similar point as last year in terms of bitcoin price. The only thing missing is the mega pump that we experienced in december last year, better stock up now
In matematicly you can't loose with bitcoin, it has been demonstrated too many times. And the price would not have a big change just like 2017 again i am sure of that too. The bitcoin is / will opening the path of the cryptocurrency and the blockchain for sure but it can't do anything for itself i guess anymore.
Jan 2009 – Mar 2010--- basically nothing--:- No exchanges or market, users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value. In March 2010, user "SmokeTooMuch" auctioned 10,000 BTC for $50 (cumulatively), but no buyer was found
May 2010--less than $0.01:- On 22 May 2010,[151] Laszlo Hanyecz made the first real-world transaction by buying two pizzas in Jacksonville, Florida for 10,000 BTC
Mar 2010--$0.003:-On 17 Mar 2010, the now-defunct BitcoinMarket.com exchange is the first one that starts operating.
July 2010--$0.08Increase:-In five days, the price grew 900%, rising from $0.008 to $0.08 for 1 bitcoin.
October 2010--$0.125Increase: Price surpasses one bit
Feb 2011 –- April 2011--$1.00Increase:- Bitcoin takes parity with US dollar
8 July 2011--$31.00Increase:- top of first "bubble", followed by the first price drop
Dec 2011--$2.00Decrease:- minimum after few months
Dec 2012--$13.00:- slowly rising for a year
11 April 2013--$266Increase:- top of a price rally, during which the value was growing by 5–10% daily.
May 2013--$130Decrease:- basically stable, again slowly rising.
June 2013--$100Decrease:- in June slowly dropping to $70, but rising in July to $110
Nov 2013--$350–$1,242Increase:- from October $150–$200 in November, rising to $1,242 on 29 November 2013.
Dec 2013--$600–$1,000Decrease:-Price crashed to $600, rebounded to $1,000, crashed again to the $500 range. Stabilized to the ~ $650–$800 range.
Jan 2014--$750–$1,000Increase:- Price spiked to $1000 briefly, then settled in the $800–$900 range for the rest of the month
Feb 2014--$550–$750Increase:- Price fell following the shutdown of Mt. Gox before recovering to the $600–$700 range.
Mar 2014--$450–$700Increase:- Price continued to fall due to a false report regarding bitcoin ban in China and uncertainty over whether the Chinese government would seek to prohibit banks from working with digital currency exchanges.
Apr 2014--$340–$530Decrease:- The lowest price since the 2012–2013 Cypriot financial crisis had been reached at 3:25 AM on 11 April.
May 2014--$440–$630Increase:- The downtrend first slow down and then reverse, increasing over 30% in the last days of May.
Mar 2015--$200–$300Decrease:- Price fell through to early 2015
Nov 2015--$395–$504Increase:- Large spike in value from $225–$250 at the start of October to the 2015 record high of $504.
May–June 2016--$450–$750Increase:- Large spike in value starting from $450 and reaching a maximum of $750.
July–September 2016--$600–$630Decrease:-- Price stabilized in the low $600 range.
October–November 2016--$600–$780Increase:-As the Chinese Renminbi depreciated against the US dollar, bitcoin rose to the upper $700.
January 2017 $800–$1,150Increase
5-12 January 2017--$750–$920Decrease:-- Price fell 30% in a week, reaching a multi-month low of $750.
2-3 March 2017--$1,290+ Increase:- Price broke above the November 2013 high of $1,242 and then traded above $1,290.
April 2017 $1,210–$1,250Decrease
May 2017--$2,000 Increase:- Price reached a new high, reaching US$1,402.03 on 1 May 2017, and over US$1,800 on 11 May 2017. On 20 May 2017, the price of one bitcoin passed US$2,000 for the first time.
May–June 2017--$2,000–$3,200+Increase:- Price reached an all-time high of $3,000 on 12 June and is oscillating around $2,500 since then. As of 6 August 2017, the price is $3,270.
August 2017--$4,400 Increase:- On 5 August 2017, the price of one BTC passed US$3,000 for the first time. On 12 August 2017, the price of one BTC passed US$4,000 for the first time. Two days later, the price of one BTC passed US$4,400 for the first time.
September 2017--$5,000Increase:- On 1 September 2017, bitcoin broke US$5,000 for the first time, topping out at US$5,013.91
12 September 2017--$2,900Decrease:- Price dipped harshly from China's bitcoin ICO and exchange crackdown (those following improper practices
13 October 2017--$5,600Increase:- Price shot back up as the world moves on past the incident following China's crackdown
21 October 2017--$6,180 Increase:- Price hit another all-time high as the impending forks draw closer
6 November 2017 $7,300 Increase
17-20 November 2017--$7,600-8,100 Increase:- Briefly topped at USD $8004.59/BTC at 01:14:11 UTC before retreating from highs. At 05:35 UTC on 20 November 2017 it stood at USD$7,988.23/BTC according to CoinDesk. This surge in bitcoin may be related to developments in the 2017 Zimbabwean coup d'état. The market reaction in one bitcoin exchange is alarming as 1 BTC topped nearly US$13,500, just shy of 2 times the value of the International market
15 December 2017--$17,900 Increase:- Bitcoin price reached $17,900
22 December 2017--$13,800 Decrease:- Bitcoin price loses one third of its value in 24 hours, dropping below $14,000
5 February 2018--$6,200 Decrease:- Bitcoin's price drops 50 percent in 16 days, falling below $7,000
31 October 2018--$6,300 Steady:- On the 10 year anniversary of Bitcoin, price holds steady above $6,000 during a period of historically low volatility
5 Nov 2018-- $6,441 Increase
May 2010--less than $0.01:- On 22 May 2010,[151] Laszlo Hanyecz made the first real-world transaction by buying two pizzas in Jacksonville, Florida for 10,000 BTC
Mar 2010--$0.003:-On 17 Mar 2010, the now-defunct BitcoinMarket.com exchange is the first one that starts operating.
July 2010--$0.08Increase:-In five days, the price grew 900%, rising from $0.008 to $0.08 for 1 bitcoin.
October 2010--$0.125Increase: Price surpasses one bit
Feb 2011 –- April 2011--$1.00Increase:- Bitcoin takes parity with US dollar
8 July 2011--$31.00Increase:- top of first "bubble", followed by the first price drop
Dec 2011--$2.00Decrease:- minimum after few months
Dec 2012--$13.00:- slowly rising for a year
11 April 2013--$266Increase:- top of a price rally, during which the value was growing by 5–10% daily.
May 2013--$130Decrease:- basically stable, again slowly rising.
June 2013--$100Decrease:- in June slowly dropping to $70, but rising in July to $110
Nov 2013--$350–$1,242Increase:- from October $150–$200 in November, rising to $1,242 on 29 November 2013.
Dec 2013--$600–$1,000Decrease:-Price crashed to $600, rebounded to $1,000, crashed again to the $500 range. Stabilized to the ~ $650–$800 range.
Jan 2014--$750–$1,000Increase:- Price spiked to $1000 briefly, then settled in the $800–$900 range for the rest of the month
Feb 2014--$550–$750Increase:- Price fell following the shutdown of Mt. Gox before recovering to the $600–$700 range.
Mar 2014--$450–$700Increase:- Price continued to fall due to a false report regarding bitcoin ban in China and uncertainty over whether the Chinese government would seek to prohibit banks from working with digital currency exchanges.
Apr 2014--$340–$530Decrease:- The lowest price since the 2012–2013 Cypriot financial crisis had been reached at 3:25 AM on 11 April.
May 2014--$440–$630Increase:- The downtrend first slow down and then reverse, increasing over 30% in the last days of May.
Mar 2015--$200–$300Decrease:- Price fell through to early 2015
Nov 2015--$395–$504Increase:- Large spike in value from $225–$250 at the start of October to the 2015 record high of $504.
May–June 2016--$450–$750Increase:- Large spike in value starting from $450 and reaching a maximum of $750.
July–September 2016--$600–$630Decrease:-- Price stabilized in the low $600 range.
October–November 2016--$600–$780Increase:-As the Chinese Renminbi depreciated against the US dollar, bitcoin rose to the upper $700.
January 2017 $800–$1,150Increase
5-12 January 2017--$750–$920Decrease:-- Price fell 30% in a week, reaching a multi-month low of $750.
2-3 March 2017--$1,290+ Increase:- Price broke above the November 2013 high of $1,242 and then traded above $1,290.
April 2017 $1,210–$1,250Decrease
May 2017--$2,000 Increase:- Price reached a new high, reaching US$1,402.03 on 1 May 2017, and over US$1,800 on 11 May 2017. On 20 May 2017, the price of one bitcoin passed US$2,000 for the first time.
May–June 2017--$2,000–$3,200+Increase:- Price reached an all-time high of $3,000 on 12 June and is oscillating around $2,500 since then. As of 6 August 2017, the price is $3,270.
August 2017--$4,400 Increase:- On 5 August 2017, the price of one BTC passed US$3,000 for the first time. On 12 August 2017, the price of one BTC passed US$4,000 for the first time. Two days later, the price of one BTC passed US$4,400 for the first time.
September 2017--$5,000Increase:- On 1 September 2017, bitcoin broke US$5,000 for the first time, topping out at US$5,013.91
12 September 2017--$2,900Decrease:- Price dipped harshly from China's bitcoin ICO and exchange crackdown (those following improper practices
13 October 2017--$5,600Increase:- Price shot back up as the world moves on past the incident following China's crackdown
21 October 2017--$6,180 Increase:- Price hit another all-time high as the impending forks draw closer
6 November 2017 $7,300 Increase
17-20 November 2017--$7,600-8,100 Increase:- Briefly topped at USD $8004.59/BTC at 01:14:11 UTC before retreating from highs. At 05:35 UTC on 20 November 2017 it stood at USD$7,988.23/BTC according to CoinDesk. This surge in bitcoin may be related to developments in the 2017 Zimbabwean coup d'état. The market reaction in one bitcoin exchange is alarming as 1 BTC topped nearly US$13,500, just shy of 2 times the value of the International market
15 December 2017--$17,900 Increase:- Bitcoin price reached $17,900
22 December 2017--$13,800 Decrease:- Bitcoin price loses one third of its value in 24 hours, dropping below $14,000
5 February 2018--$6,200 Decrease:- Bitcoin's price drops 50 percent in 16 days, falling below $7,000
31 October 2018--$6,300 Steady:- On the 10 year anniversary of Bitcoin, price holds steady above $6,000 during a period of historically low volatility
5 Nov 2018-- $6,441 Increase
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