I think this post and the post of coin gecko would somewhat serve as a sign or a perspective on what Bitcoin can do in the long run and how its importance in the world, not just as a speculative asset. But it's important not to forget people who have also purchased at the top and lost money right now. But if they are to wait and believe that it could go back, it is going to work.
They haven't really lost money if they have not sold, just unrealize lost but whoever is investing in Bitcoin must know that Bitcoin investment is for the long term and should be able to wait out the market turbulence of the bears season and also understand that there have been no bear market thus far that Bitcoin has not come back from and I believe this time is not going to be any different. 
Topic: Throwback: Bitcoin was $64k today, a year ago. - page 6. (Read 1538 times)
I think this post and the post of coin gecko would somewhat serve as a sign or a perspective on what Bitcoin can do in the long run and how its importance in the world, not just as a speculative asset. But it's important not to forget people who have also purchased at the top and lost money right now. But if they are to wait and believe that it could go back, it is going to work.
That is, if people can see the potential that bitcoin can give them. But unfortunately, people don't think so and only want short or medium term profit and only make bitcoin a speculative asset. I think some still hold their bitcoins even though they bought above and lost, but they realize that buying at the bottom can reduce their average buyer price so that their purchase price can go down if they still decide to buy at the bottom price. 
I think this post and the post of coin gecko would somewhat serve as a sign or a perspective on what Bitcoin can do in the long run and how its importance in the world, not just as a speculative asset. But it's important not to forget people who have also purchased at the top and lost money right now. But if they are to wait and believe that it could go back, it is going to work.
Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.
Damn the year went by fast, I haven't thought about the high bitcoin price last year for a while. Crazy how the world changed completely in so little time. Honestly, who would have thought 2022 is going to look like that. It would be nice for bitcoins to rise to it's old ATH again, but that is not realistic at the moment. The global economic situation have completely changed, more and more sanctions are being issued, the inflation is destroying wealth rapidly and the prognose for next year is not really better. Right now investors are very cautious and afraid to buy risky assets like crypto currencies or stocks. The world needs to normalise again until we see higher bitcoin prices. It's still nice to dream and remember how good we had it in 2021.
Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.
Let this be a lesson to anyone new to crypto, not to get greedy.
Yup, greediness will make you miss the hit and that's why just learn from it and sell when you're in profit.Let this be a lesson to anyone new to crypto, not to get greedy.
Just to let everyone know, you may check Bitcoin Price on Current Date for Last 10 Years on 100 Bitcoin everyday.
This is actually a good website you've made. Right now at this date, bitcoin was at $66k.I can tell you from experience that it is the greatest accomplishment, if you hodl through the hard times and you get to a new ATH with huge profits. I was there when it hit the ATH in the $40k price range and I sold some coins.... but I kept on to some more coins and the price dropped to $3000.
I guess you've priced it wrongly because bitcoin didn't plummet to $3k after reaching highs of $40k but I do get the idea of it. Didn't sold mostly at the top because of the holding attitude and then saw the bottom.I still can't believe that some people sat on their hands while BTC was at 67,000$, everyone expected 100k for one BTC and they missed the opportunity, now history is repeating the same thing, sitting on their hands waiting for 10,000$ for one BTC before they start buying.
It's because we've thought that bitcoin will reach $100k and that's the goal of majority then. But that's okay, at least we've seen a glance of nearly $70k and the next time the market goes on a bull run, it is an exciting thing to see if it will surpass that price or if there will be another parabolic move that we shall see.Anyhow, history will repeat itself again, maybe in 2025, when the price is around 6 digits there will be a lot of tweets about the current price.
After the halving, we guess? Yeah, that's what likely it is going to happen. That will make everyone crazy again and very positive on the market and will buy at highs instead of buying at lows. 
The last ATH was $64k and the current last price was $19k. There seems to be a -$45k reduction. Of course, the reduction is extraordinary, and the bitcoin crash for 1 year has made many people start to clean up and start buying bitcoin for the long term.
The bitcoin price of $19k is a low price, there's no harm in buying at the current price, but another crash is possible. Be prepared with spare money that you still have, of course, it will be very helpful to buy even cheaper. Buy and hold for the long term, Bitcoin won't disappoint, ATH $64k might be a very low price in the future. Do your research, manage money well, and find out your best strategy.
And at these times, DCA is the best strategy that one can do and that's through every price that we can considered as low. $19k is low, we've seen a bit of $18,900 a while ago and then $17k months ago. The bitcoin price of $19k is a low price, there's no harm in buying at the current price, but another crash is possible. Be prepared with spare money that you still have, of course, it will be very helpful to buy even cheaper. Buy and hold for the long term, Bitcoin won't disappoint, ATH $64k might be a very low price in the future. Do your research, manage money well, and find out your best strategy.
Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.
Let this be a lesson to anyone new to crypto, not to get greedy.
If i see other altcoins price pumped 10x+ and the users did not sell then I call that greedy, because we all know altcoins can't be trusted, anything can happen at any moment, but when it comes to bitcoin, Holding your bitcoin after 10x+ is not greed, that's smartness, we all see that bitcoin price is down currently, but am not even disturbed about it, I keep on accumulating more bitcoin whenever am having extral cash, I don't even care about the price, am not having plans to sell bitcoin soon even if It pump by 10X am ready to hold for year's. We all know what bitcoin price was 10 years ago, those that sold after doing 10x will definitely be regretting now, if they are still holding till now, do you know many times bitcoin will have multiple their money for them? So don't think after bitcoin have don 10x if you didn't sell that's greed, it's not greed but smartness. Let this be a lesson to anyone new to crypto, not to get greedy.
The last ATH was $64k and the current last price was $19k. There seems to be a -$45k reduction. Of course, the reduction is extraordinary, and the bitcoin crash for 1 year has made many people start to clean up and start buying bitcoin for the long term.
The bitcoin price of $19k is a low price, there's no harm in buying at the current price, but another crash is possible. Be prepared with spare money that you still have, of course, it will be very helpful to buy even cheaper. Buy and hold for the long term, Bitcoin won't disappoint, ATH $64k might be a very low price in the future. Do your research, manage money well, and find out your best strategy.
The bitcoin price of $19k is a low price, there's no harm in buying at the current price, but another crash is possible. Be prepared with spare money that you still have, of course, it will be very helpful to buy even cheaper. Buy and hold for the long term, Bitcoin won't disappoint, ATH $64k might be a very low price in the future. Do your research, manage money well, and find out your best strategy.
Tbh, whenever I remember that bitcoin has made above $60k, I always have doubt that it will reach that high again. But I have no option than believing the system.
Don't be doubtful my friend, if you look at past performance of btc since inception, it is more than possible it will surpass this recent ath. Btc has just been listed in the Guinness world record (something majority of people never thought could happen) That singular act alone has put btc on another level, government and none government institutions are definitely picking more interest.
Who ever thought google will one day announce to provide btc service to customers? and so the news keep coming of btc acceptance from different economic sector.
It may not be immediate but am sure btc will break another ath record that will left many doubting Thomas speechless.
It's been a year and the price is still at $19k.
But don't worry because bitcoin has not lost its power to increase again and we still have a chance to see it start to increase.
And before the price increases, you can buy more from now on because if you buy it later when the price starts to go up, it may be too late because the increase will probably move very quickly.
It's just a matter of time before the higher bitcoin price comes and it's better not to think about it but to be prepared for now.
But don't worry because bitcoin has not lost its power to increase again and we still have a chance to see it start to increase.
And before the price increases, you can buy more from now on because if you buy it later when the price starts to go up, it may be too late because the increase will probably move very quickly.
It's just a matter of time before the higher bitcoin price comes and it's better not to think about it but to be prepared for now.
Bitcoin took some of us by surprise, during when the Covid-19 was gaining momentum, BTC slumped to about $3500 in march 2020 and did the unexpected and went straight up with over 18x, you have got to respect bitcoin, next bull run may run to $100k, when is what I can't say. It's wise to keep what we have and not listen to FUDers.
You meant 2018? Bitcoin didn't drop below 10K this year.
Bitcoin took some of us by surprise, during when the Covid-19 was gaining momentum, BTC slumped to about $3500 in march 2020 and did the unexpected and went straight up with over 18x, you have got to respect bitcoin, next bull run may run to $100k, when is what I can't say. It's wise to keep what we have and not listen to FUDers.
Time flies so fast that we hope that the price will reach that high again. Looks like we will gonna experience such a scenario soon when the bitcoin halving will come and surely after that we will gonna write another milestone regarding the bitcoin price. It's really an unexpected turn of events despite the trauma of the pandemic, people didn't hesitate to invest and the price surprisingly beat its old record by multiple folds. I wonder what will gonna trigger the price to rise up to that high again? because the war and the world crisis inflation are making it hard to believe that we will ever reach that price again. but one thing we can assure you, bitcoin price history never ceases to rise just after the bitcoin halvings.
My throwback comes in a month. I actually remember the day of ATH, the day after very well, mostly because I was at an event that isn't normally part of my regular life, and I was, also rarely, in the company of fellow Bitcoiners.
I'd already sold a year ago, forced hand. Still hurts a little that I lived through an entire cycle and didn't actually sell at ATH, but happy that I'll be wiser and not worst off anyway had I not entered in 2016.
Time flies, for sure, as I also recall where I was in 2017 on that ATH =) A digital-heavy memory though, as a lot of us were chatting online as it happened.
I'd already sold a year ago, forced hand. Still hurts a little that I lived through an entire cycle and didn't actually sell at ATH, but happy that I'll be wiser and not worst off anyway had I not entered in 2016.
Time flies, for sure, as I also recall where I was in 2017 on that ATH =) A digital-heavy memory though, as a lot of us were chatting online as it happened.
Oh well how time flies isn't it, yeah I still remember when the price is above $60k because when I check my wallet I was surprised to see how much it has increased although I sold some earlier. (I still have some though up to this day and continue to accumulate).
Anyhow, history will repeat itself again, maybe in 2025, when the price is around 6 digits there will be a lot of tweets about the current price.
Anyhow, history will repeat itself again, maybe in 2025, when the price is around 6 digits there will be a lot of tweets about the current price.
I was there when it hit the ATH in the $40k price range and I sold some coins.... but I kept on to some more coins and the price dropped to $3000.
Are you saying that you sold some coins at $40,000 and after that the price dropped to $3000 ? Am I getting you correctly? If so, I don't remember the price ever dropping from $40,000 to $3,000.
Bitcoin dropped to around 3000 dollars in December 2018 and the ATH was around $19,800 at that time. Bitcoin reached $40,000 in January 2021 and $60,000 in March 2021.
I can tell you from experience that it is the greatest accomplishment, if you hodl through the hard times and you get to a new ATH with huge profits. I was there when it hit the ATH in the $40k price range and I sold some coins.... but I kept on to some more coins and the price dropped to $3000.
I did not panic and I held onto those coins and it went past the $60 000 price ....gaining me some VERY good profits. The reward that are gained from that, can be compared to you having your first child, because all the emotions come boiling out.... after it reaches that climax. (It just kills all those skeptics and naysayers)
I did not panic and I held onto those coins and it went past the $60 000 price ....gaining me some VERY good profits. The reward that are gained from that, can be compared to you having your first child, because all the emotions come boiling out.... after it reaches that climax. (It just kills all those skeptics and naysayers)
Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.
Let this be a lesson to anyone new to crypto, not to get greedy.
Let this be a lesson to anyone new to crypto, not to get greedy.
You can say that bitcoin was 10x return a year back and it was a good time to sell. But do you remember when bitcoin was at 69,000$, the whole media, everyone was shouting for 100K bitcoin? At that point, it was hard to sell when everyone was anticipating 100K.
You can call this greediness, but these whales make such an environment that a common man like us never sells and keep holding.
You are both right in different ways, I would say as from 60k and above was a good time to sell but @virasog pointed out, with such prediction from whales, it was difficult for many investors to make that move to sell. I believe this does serve as a lesson in the sense that every investor should have a goal and a target point so that they don't get confused when the price surpass their target and keeps going. It is a tough but necessary decision to be made.
but Bitcoin that we have come to know will surly rally back but only a matter of time. 
Time passes quickly as usual. I still remember BTC soaring to that magical price point and I kept thinking that $100K was right around the corner. It's sad to see it struggling to even rise above 20 grand these days, but this is simply a bad phase.
All currencies(FIAT and Crypto) are suffering these days thanks to inflation etc.
Am confident that BTC will rise slowly and steadily back to its previous ATH and surpass it once the global economy recovers completely which probably might take a couple of years.
All currencies(FIAT and Crypto) are suffering these days thanks to inflation etc.
Am confident that BTC will rise slowly and steadily back to its previous ATH and surpass it once the global economy recovers completely which probably might take a couple of years.
Double throwback - two years ago Bitcoin price was almost two times less than it is now. Hope that information will calm down those who worry about loosing opportunity to sell at $64k. And it just shows that holding is one of the best solution. Imagine a person has bought Bitcoin two years ago and made x2 minimum and x6 maximum.
Bitcoin has its cycle of bullish, bearish, bullish with a period that last about 4 years. The 4 year cycle is affected mainly by Bitcoin block reward halving after each 210,000 blocks. With an average block time is 10 minutes per block, each halving has a period about 4 year.
You can get estimated next block halving day from https://www.bitcoinblockhalf.com/
It would be some day around May 2024, not too far from now.
In history, with each halving, Bitcoin will make a new all time high in its new bullish market. I believe $64,000 will not be a price we have to worry about in 2024.
You can get estimated next block halving day from https://www.bitcoinblockhalf.com/
It would be some day around May 2024, not too far from now.
In history, with each halving, Bitcoin will make a new all time high in its new bullish market. I believe $64,000 will not be a price we have to worry about in 2024.
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