Topic: History of bitcoin prices! - page 6. (Read 757 times)

Bitcoin is repeating its history.  It goes up and down and that what it is.  But at the end if your wise to examine you will end up winning by buying it low and of course sell it high.  Holding would be better at this time.

Soon again we will see a jump up in price, as always happens with bitcoin

As an investor, we need to take all kinds of factors into consideration, and turn the judgment of the market into a deep learning and thinking.

The previous price is only for reference, but some of the previous prices are meaningless, and the belief may be correct! But still! Objective and dispassionate analysis.

I never depend on the price of bitcoin from the past. We should focus right now and it's future prices. Remember we have alot of users and Bitcoin is in the mainstream right now. It will get alot of action this year and incoming years.

Sharing is Caring !

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It clearly shows that whatever price dip it has faced, but it has settled in a  new ATH.Definitely this chart would give confidence to newbies who actually get panic on seeing today's market situation and who were targeted the most by big whales.

Nice to see some history data. History normally repeats itself.

There is no guarantee that bitcoin prices will have a recurring rhythm. it means the chart is repeated as we predicted. But now for the novice investor, I think this is not an option to release assets at current prices. will only make the price down. so it's good to keep your assets at the best price or buy a few more to add your assets.

It is important to take into account that there is no guarantee that the behavior observed in a market in previous years does not imply that the pattern is called to repeat itself over and over again, and this is especially valid in a market so new and diametrically different from the others as the bitcoin market is. All the current conditions that prevail in the environment around the bitcoin have nothing to do with what happened several years ago, and I think these are times of being cautious instead of overflowing with excessive optimism.

I think this view of the future price of bitcoins is not shared by all. Crowds of people are prone to panic and rush to sell their bitcoins...

HODL forever, Buy the dip and forgot for a year   

Only word in the history of bitcoin prices is HODL

I would like to inform you about the History of bitcoin price. I think this post can be a pleasure for the newbie bitcoin investor who has invested recently in bitcoin like me.  I am going to give you a chart of bitcoin price from 2010.

Time                   price per BTC     Importent information

July 2010             $0.08               The price grew 900% only In five days, rising from $0.008 to $0.08 for 1 bitcoin.
Feb – April 2011    $1.00               In that time Bitcoin took parity with US dollar.
8th July 2011        $31.00             At this time top of first "bubble", followed by the first price drop.
Dec 2011              $2.00               At this time goes minimum after few months (huge dump)
Jan 2012               $3.41             
March 2012           $4.95               over 46,000 BTC stolen by Linode Hacked
July 2012               $13.31            Bitcoin Savings and trust halts payments.
Jan 2013              $13.31           
Feb 2013              $20.22              Starts some pump.
July 2013              $100.15            great pump.
Jan 2014               $772                700% up within 6 months.
July 2014              $582                 Some down again.
Jan 2015               $272                 Huge down.
July 2015             $289.68       
Jan 2016              $432.17             some up again.
July 2016             $688.50     
Jan 2017             $1020.47           Starting golden age of bitcoin.
July 2017               $2592.41            proved a golden age.
18th Dec 2017        $19,498.63
Jan 2018                $10,685             Again huge down.

From this chart, we can guess the future of Bitcoin price. We should not worried about the present bitcoin price. I think 2018 or 2020 will become a diamond age of bitcoin. What is thinking? you can also post your opinion on this thread.