Historical Bitcoin Prices😊 - page 2.

Betwrong

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Quote from: erikalui on December 25, 2021, 04:37:27 AM

I used to own bitcoins in 2013 when the price was about $200 and am upset that I never considered holding it. I even had as high as 2 BTC in 2015 and sold it at that rate as I felt $1000 was a risky amount to hold in Xapo. 2017 is still the best year for Bitcoin and altcoins. We can never see that trend again I guess.

Look at this Bitcoin to USD Chart from CopinMarketCap:

And you are saying that 2017 is still the best year for Bitcoin?

2017 had been a great year for BTC and alts, no doubt about that, but let's not underestimate the year we are living in right now, our beloved 2021.

I mean, seriously, all of us here know that Bitcoin is a great thing. What we need is some acknowledgement from other people. And isn't a new ATH showing the highest level of that acknowledgement so far?

erikalui

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I used to own bitcoins in 2013 when the price was about $200 and am upset that I never considered holding it. I even had as high as 2 BTC in 2015 and sold it at that rate as I felt $1000 was a risky amount to hold in Xapo. 2017 is still the best year for Bitcoin and altcoins. We can never see that trend again I guess.

Accardo

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These bitcoin prices practically displays that bitcoin needs more adoption to hit all time high. In 2016, I heard bitcoin for the first time but didn't know what it's all about. But, I'm sure from the price above that only few people have adopted bitcoin at that time. From 2017 the biggest move in price of bitcoin happened but, the bearish fall was a thing that made a lot of people to sell their bitcoin in February 2018. So, the primary thing the ecosystem needs to know is that adoption is gold.

100k is a thing for sure but adoption will accomplish it. Many people have known bitcoin now compared to far back 2014-2016 and not everybody that held bitcoin in those years have enough bitcoin today. Exactly this period yesteryear Bitcoin pushed forward to 30k and kept yielding more profits to investors, then the speed which people started adopting bitcoin increased and the price kept increasing until it fell back to 29k in the middle of this year and people started selling again.

However, it went bullish one more time but, so many people have made the mistake of not holding firm.

In conclusion, more people should accept bitcoin as money and save it regardless of the exchange rate because 1BTC = 1BTC

mich

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Its a good day whenever Bitcoin price per coin is higher then it was at this same time last year.
Currently, we are in this care right now so I am content where the price stands but still wait patiently for the madness when we see 100k per coin.

michellee

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This Christmas brings happiness to bitcoin holders or people who already bought bitcoin at a low price to decide to sell some portion and celebrate their profit with their family. This increase is just a new beginning before we end this year and we will see the other high price in the next years. If the situation is no longer good in the next year, that will not be a problem because we will have the best time to accumulate more as the price can reach a low price. Just have more patient and use your time to decide.

worle1bm

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Quote from: mk4 on December 24, 2021, 01:03:18 PM

= 4907.69% increase

= 1420.91% increase

I really doubt it, but sometimes I wonder if a year-over-year price increase of this caliber is still possible knowing how big bitcoin is today(almost $1 trillion). Calculations go through my head on how great my situation would be if such a multiplier occurs again. I'd really rather have a slow and steady increase than another blow-off top though.

That's the best part which many ignores as we have seen bitcoin progressive growth over all these years and see how 1400% returns were served to all the holders in these years and whenever I see these percentage it makes me believe more in Bitcoin.

You could check the price history for each day like Thanksgiving also and you will find out that each year there were progress keeping aside some dips but still it's rising.This growth might be slow from now onwards but the main part is growth will be there.

pooya87

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Quote from: mk4 on December 24, 2021, 01:03:18 PM

Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

2012: $13
2013: $651

= 4907.69% increase

Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

2016: $899
2017: $13,673

= 1420.91% increase

I really doubt it, but sometimes I wonder if a year-over-year price increase of this caliber is still possible knowing how big bitcoin is today(almost $1 trillion). Calculations go through my head on how great my situation would be if such a multiplier occurs again. I'd really rather have a slow and steady increase than another blow-off top though.

It is bad to look at prices in an arbitrary time frame. For example the 2017 rise was from $150 and it went up as high as $20000 which makes the rise a 13233% rise.
Also we can't compare the last 2 cycles with the 2013 one because the duration of them were much shorter. For example in we had basically 2 cycles. One that ended in April with a 75% crash ($259 down to $63) and then the big rally from there to $1163. The $259 peak itself was the cycle starting in 2011 and that rise was only 11210% so by all calculations the 2017 cycle was much bigger than the first one.

Darker45

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Quote from: Wexnident on December 24, 2021, 10:02:15 PM

Quote from: Darker45 on December 24, 2021, 08:05:21 PM

And yet people are sometimes losing sight of the bigger picture because they are more focused on how much Bitcoin has lost since it made its ATH. Many must have forgotten that just last Christmas, the price was only at $23,000. That's just merely one year ago. Even at a relatively low price right now since the $69,000 ATH, it is still more than 100% increase from the last Christmas. Bitcoin is still giving us a more beautiful Christmas than last year. Let's all be merry!

Well merry to those who bought low and sold high, but for the opposite? It's a lost opportunity. Well not for me though, I'm just waiting for the next dip to happen to buy in again after profiting off the dip in the start of December. Now I'm just gonna hodl myself to death (unless I see an opportune buy and sell moment) for a few years, probably till next halving or so. I don't think big price increases would happen once again though, even 100% in one year seems surprising already at this point.

On a side note, Happy holidays to everyone!

Forget those who bought high and sell low. It isn't the fault of Bitcoin nor the market that they are losing. Bitcoin has given us all the opportunities to gain and not to lose. But due to our lack of patience or of our too emotional reactions or whatever, we make mistakes. They're not innocent mistakes; they're informed mistakes. Despite them knowing the possibilities, they seem to decide based on emotions and not on reason. Their Christmas would, however, remain merry if only they focus on the good side of life.

Jawhead999

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If we looked from the halving events, 2022 should be in bear market if the history repeats.

Halving 2012: $13
2013: $651
2014: $330

Halving 2016: $899
2017: $13,673
2018: $4,120

Halving 2020: $23,475
2021: $51,500
2022: ?

But the difference right now is many institutional or well known investors already start to buy Bitcoin, also El Salvador's accepting Bitcoin as legal tender. More over mining has been shut down in China, if there's a news about China crackdown about Bitcoin... there's no more such China is the highest hashrate and can control Bitcoin. The recent bad news about Bitcoin is the high energy consumption, even it's not actually correct.

Wexnident

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Quote from: Darker45 on December 24, 2021, 08:05:21 PM

And yet people are sometimes losing sight of the bigger picture because they are more focused on how much Bitcoin has lost since it made its ATH. Many must have forgotten that just last Christmas, the price was only at $23,000. That's just merely one year ago. Even at a relatively low price right now since the $69,000 ATH, it is still more than 100% increase from the last Christmas. Bitcoin is still giving us a more beautiful Christmas than last year. Let's all be merry!

Well merry to those who bought low and sold high, but for the opposite? It's a lost opportunity. Well not for me though, I'm just waiting for the next dip to happen to buy in again after profiting off the dip in the start of December. Now I'm just gonna hodl myself to death (unless I see an opportune buy and sell moment) for a few years, probably till next halving or so. I don't think big price increases would happen once again though, even 100% in one year seems surprising already at this point.

On a side note, Happy holidays to everyone!

Kemarit

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Yes, based on the historical price of Bitcoin every end of the year, there is a huge increase and this year is no exception, we even have 2x all time high in 2021, that alone speaks the magnitude of the increase specially after halving years.

So we might look at the next 2-3 halvings and see how the price will grow again. Not saying that the pattern will continue, but at least we have a picture of the possible growth it will have in the next 10-12 years.

adzino

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Yep, we can see that. Almost every Christmas Eve, the price was higher when compared to previous year's Christmas eve. Just zoom out the charts and you will see how much the price has went up. It is not only just during Christmas. All people got to do is keep holding until they reach their profit goal. In the long run, the price will go up. The more the people use and the higher the price will go. Keep holding until it becomes a mainstream currency. You will enjoy the profit and you don't really have to worry about the volatility anymore. The way the price is going up right now, we may be near ATH level within next year.

Darker45

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And yet people are sometimes losing sight of the bigger picture because they are more focused on how much Bitcoin has lost since it made its ATH. Many must have forgotten that just last Christmas, the price was only at $23,000. That's just merely one year ago. Even at a relatively low price right now since the $69,000 ATH, it is still more than 100% increase from the last Christmas. Bitcoin is still giving us a more beautiful Christmas than last year. Let's all be merry!

LTU_btc

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Probably Christmas isn't special day for crypto and Bitcoin, but still, it's interesting to go through years and see how much price has changed. And damn, time flies so fast. I joined back in 2015 and how many things happned since then. Amazing. I remember when Bitcoin reached $10 000 for the first time, it was something amazing. And predictions that one day it can reach $100 000 looked like wet dreams. Now it doesn't sounds so unrealistic. Who knows, maybe next Christmas we will celebrate Bitcoin hitting $100k Cheesy

.

Upgrade00

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Quote from: ?? on ??

I think everyone has to look at that historical price whenever they're losing hope and becomes fearful when there's the usual correction.

If you're getting fearful you should look at the reason you exchanged fiat for Bitcoin in the first place. There's much more to Bitcoin than the price (except they bought in due to fomo). If you use price history to make financial decisions, you'll make many mistakes on almost 98% of all cryptocurrencies.

If you're getting fearful, look to the network securiry, decentralization and many of the other features which .akes Bitcoin stand out, the time you get doubtful of the fundamentals is when you should decide to sell.

uneng

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I always have good memories when I think about Christmas and bitcoin at same time. During this season bitcoin gives a lot of hope and expectations things are going to get better in crypto market.

Just look what a nice event we are seeing: bitcoin was struggling to reach above 51,000$ and today, Decembet 24th, it has finally happened again.

It's not the new ATH everyone wanted seeing, but it's a positive message to investors they should remain patient and confident next year can be great!

kro55

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Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

🎅🏻 🎄Historical #Bitcoin prices on Christmas Eve:
2010: $0.25
2011: $4
2012: $13
2013: $651
2014: $330
2015: $453
2016: $899
2017: $13,673
2018: $4,120
2019: $7,318
2020: $23,475
Today: $51,500

It seems that 2018 is the year of the most obstacles. In 2018 we have to go through a lot of negative news. Investors were in a lot of dilemmas this year due to which the price did not rise much. Some of my friends jokingly told me that the value of Bitcoin would go up to zero before I sold everything and converted it to Fiat. In fact, a lot of bitcoin holders have had to go through this strategy that dark year. Most of the hodlers almost gave up hope, only those who were able to endure were successful. Bad days are over, from now on we will see decent pump in every Christmas.

aoluain

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Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

🎅🏻 🎄Historical #Bitcoin prices on Christmas Eve:
2016: $899
2017: $13,673
2018: $4,120

I can relate to these series of years because 2017 is when I got into Bitcoin and
2017 was the year when it crossed $10,000 and then doubled just to crash.

Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

🎅🏻 🎄Historical #Bitcoin prices on Christmas Eve:
2020: $23,475
Today: $51,500

Interestingly will 2022 be a continuation of 2021? will there be a supercycle?
or the start of a bear market? speculation will continue but I'm with mk4 above
about a slow steady rise.

mk4

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Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

2012: $13
2013: $651

= 4907.69% increase

Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

2016: $899
2017: $13,673

= 1420.91% increase

I really doubt it, but sometimes I wonder if a year-over-year price increase of this caliber is still possible knowing how big bitcoin is today(almost $1 trillion). Calculations go through my head on how great my situation would be if such a multiplier occurs again. I'd really rather have a slow and steady increase than another blow-off top though.

maju69

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Quote from: Rupok365 on December 24, 2021, 10:52:17 AM

🎅🏻 🎄Historical #Bitcoin prices on Christmas Eve:
2010: $0.25
2011: $4
2012: $13
2013: $651
2014: $330
2015: $453
2016: $899
2017: $13,673
2018: $4,120
2019: $7,318
2020: $23,475
Today: $51,500

The price of bitcoin from year to year is indeed extraordinary. Just imagine if we have just 1 bitcoin in 2010, try to calculate what percentage of your assets have increased until the year I write this. If we want to invest in the long term, I say bitcoin is the place to be. At the end of every year bitcoin experiences a correction, this is a good time for us to have it.

Topic: Historical Bitcoin Prices😊 - page 2. (Read 415 times)