Topic: WoW! 3/13/20 BTC Lowest Price: $4,916.78! Now! 3/13/21 $61,450.30! Ack! - page 2. (Read 274 times)
March 10, 2021, 05:46:21 AM
Such a big jump for Bitcoin, and I am sure those who are able to hold to the Bitcoin they got in the past years are now smiling and can be celebrating as BTC is about to break the record of more ATHs. There is now no question that when it comes to cryptocurrency Bitcoin is the king and though it is not actually the best coin people are still loving it as it represents the whole industry and is now considered to be the best alternative to gold and has one of the best ROI performance in the market today.
March 10, 2021, 04:12:24 AM
It is very hard to answer your poll's question 
I believe that we will see the bubble near the end of 2021 but it could take a couple of months longer and last until February 2022 to get there too.
I also believe that the history of cycles will repeat (maybe even bigger but even with the same size) price reaches $500k. So by March 2022 the bubble may be just starting to burst and price could be $400k and the bubble burst is not going to end that soon, it would take at least 6 months to reach the bottom so by 3/13/22 price could be in $400k still.
I believe that we will see the bubble near the end of 2021 but it could take a couple of months longer and last until February 2022 to get there too.
I also believe that the history of cycles will repeat (maybe even bigger but even with the same size) price reaches $500k. So by March 2022 the bubble may be just starting to burst and price could be $400k and the bubble burst is not going to end that soon, it would take at least 6 months to reach the bottom so by 3/13/22 price could be in $400k still.
March 10, 2021, 02:33:32 AM
Every cloud has a silver lining.
That was actually the tipping point that gave Bitcoin a boost. With the coronavirus crisis, central banks accelerated the massive printing of money (you have to think that 20% of the total dollars printed to date were printed last year) and that's what led many companies to buy bitcoin. When cash was devalued at 3% per year, one could have considerable cash reserves in his company because in exchange for a small devaluation, one had security but with the massive printing having cash means losing 15% annually. That was when MicroStrategy and others considered buying Bitcoin and opened a path that it seems that little by little many companies are going to follow.
That was actually the tipping point that gave Bitcoin a boost. With the coronavirus crisis, central banks accelerated the massive printing of money (you have to think that 20% of the total dollars printed to date were printed last year) and that's what led many companies to buy bitcoin. When cash was devalued at 3% per year, one could have considerable cash reserves in his company because in exchange for a small devaluation, one had security but with the massive printing having cash means losing 15% annually. That was when MicroStrategy and others considered buying Bitcoin and opened a path that it seems that little by little many companies are going to follow.
March 09, 2021, 11:54:51 PM
3/13/2020 BTC Lowest Was Price of 2020 was $4,916.78!
This is according to the below chart, by month, 2020.
MONTH HIGH LOW
Jan 2020 $9,501.38 (January 31, 2020) $6,965.72 (January 3, 2019)
Feb 2020 $10,630.37(February 15, 2020) $8,793.50(February 27, 2020)
March 2020 $9,160.39 (March 7, 2020) $4,916.78 (March 13, 2020)
April 2020 $8,784.96 (April 30, 2020) $6,423.61 (April 1, 2020)
May 2020 $9,999.93 (May 8, 2020)$ $8,568.88 (May 12, 2020)
June 2020 $10,211.23 (June 2, 2020) $9,007.14 (June 28, 2020)
July 2020 $11,113.66 (July 31, 2020) $9081.44 (July 6, 2020)
August 2020 $12,301.19 (August 8, 2020) $11,063.50 (August 3, 2020)
Sept 2020 $11,926.69 (Sept 2, 2020) $10,174.62 (September 4, 2020)
October 2020 $13,646.02 (October 28, 2020) $10,552.04 (October 4, 2020)
Nov 2020 $19,157.16 (November 25) $13,571.24 (November 3, 2020)
Dec 2020 $28,891.61 (December 31) $18,250.47 (December 12,2020)
From this link: https://encryptedreviews.com/news/bitcoin-price-history-2020/
So anyway, at a low, low price, remember this is the day when the Covid-19 Reality 'really' hit the world with BTC/Crypto and Stock Market...
but still, really, someone bought in at $4,916.78 Bitcoin?
The High Price for BTC today on 3/9/21 was according to www.coinmarketcap.com was $55,627.74, heck that is not even the ATH according to
the Coinmarketcap site! The ATH according to them was $56,584.23 on 2/20/2021, which was the ATH for 2021! (so far)
Well, on Saturday 3/13/2021 it will be ONE YEAR since that 'rock bottom price', anyway, this is why I HODL!
Wow, just Wow what a year!
Brad
This is according to the below chart, by month, 2020.
MONTH HIGH LOW
Jan 2020 $9,501.38 (January 31, 2020) $6,965.72 (January 3, 2019)
Feb 2020 $10,630.37(February 15, 2020) $8,793.50(February 27, 2020)
March 2020 $9,160.39 (March 7, 2020) $4,916.78 (March 13, 2020)
April 2020 $8,784.96 (April 30, 2020) $6,423.61 (April 1, 2020)
May 2020 $9,999.93 (May 8, 2020)$ $8,568.88 (May 12, 2020)
June 2020 $10,211.23 (June 2, 2020) $9,007.14 (June 28, 2020)
July 2020 $11,113.66 (July 31, 2020) $9081.44 (July 6, 2020)
August 2020 $12,301.19 (August 8, 2020) $11,063.50 (August 3, 2020)
Sept 2020 $11,926.69 (Sept 2, 2020) $10,174.62 (September 4, 2020)
October 2020 $13,646.02 (October 28, 2020) $10,552.04 (October 4, 2020)
Nov 2020 $19,157.16 (November 25) $13,571.24 (November 3, 2020)
Dec 2020 $28,891.61 (December 31) $18,250.47 (December 12,2020)
From this link: https://encryptedreviews.com/news/bitcoin-price-history-2020/
So anyway, at a low, low price, remember this is the day when the Covid-19 Reality 'really' hit the world with BTC/Crypto and Stock Market...
but still, really, someone bought in at $4,916.78 Bitcoin?
The High Price for BTC today on 3/9/21 was according to www.coinmarketcap.com was $55,627.74, heck that is not even the ATH according to
the Coinmarketcap site! The ATH according to them was $56,584.23 on 2/20/2021, which was the ATH for 2021! (so far)
Well, on Saturday 3/13/2021 it will be ONE YEAR since that 'rock bottom price', anyway, this is why I HODL!
Wow, just Wow what a year!
Brad
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