Current Value Of Bitcoin
|Date||USD : 1 BTC||Notes|
|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.|
|Mar 2010||$0.003||On 17 March 2010|
now-defunct BitcoinMarket.com started operating as the first bitcoin exchange.
|May 2010||less than $0.01|
On 22 May 2010,
|July 2010||$0.008–$0.08||Price skyrocketed by 900% in five days.|
|October 2010||$0.125||Price surpasses one bit.|
|Feb 2011 – April 2011||$1.00||Bitcoin takes parity with US dollar.|
|8 June 2011||$31.00||Top of the first “bubble”, followed by a price drop.|
|Dec 2011||$2.00||Minimum reached in December after the June bubble.|
|Dec 2012||$13.00||Slow year-long rise.|
|11 April 2013||$266||Top of a price rally which saw a 5–10% daily growth.|
|May 2013||$130||Price mostly stable with a slow rise.|
|June 2013||$100||Price slowly dropped to $70 in June before rising to $110 in July.|
|Nov 2013||$350–$1,242||Price rose from $150 in October to $200 in November, reaching $1,242 on 29 November 2013.|
|Dec 2013||$600–$1,000||Price crashed to $600, rebounded to $1,000, crashed again to the $500 range. Stabilized to the $650–$800 range.|
|Jan 2014||$750–$1,000||Price spiked to $1000 briefly, then settled in the $800–$900 range for the rest of the month.|
|Feb 2014||$550–$750||Price crashed following the shutdown of Mt. Gox before recovering to the $600–$700 range.|
|Mar 2014||$450–$700||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–$530||The lowest price since the 2012–2013 Cypriot financial crisis had been reached at 3:25 AM on 11 April|
|May 2014||$440–$630||The downtrend first slows down and then reverses, increasing over 30% in the last days of May.|
|Mar 2015||$200–$300||Price fell through to early 2015.|
|Early Nov 2015||$395–$504||Large spike in value from $225–$250 at the start of October to the 2015 record high of $504.|
|May–June 2016||$450–$750||Large spike in value starting from $450 and reaching a maximum of $750.|
|July–September 2016||$600–$630||Price stabilized in the low $600 range.|
|October–November 2016||$600–$780||As the Chinese Renminbi depreciated against the US dollar, bitcoin rose to the upper $700s.|
|5-12 January 2017||$750–$920||Price fell 30% in a week, reaching a multi-month low of $750.|
|2-3 March 2017||$1,290+||Price broke above the November 2013 high of $1,245 and then traded above $1,290.|
|20 May 2017||$2,000||Price reached a new high, reaching $1,402.03 on 1 May 2017, and over $1,800 on 11 May 2017. On 20 May 2017, the price passed $2,000 for the first time.|
|May–June 2017||$2,000–$3,200+||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.|
|14 August 2017||$4,400||Price passed $3,000 for the first time on 5 August 2017, then $4,000 on 12 August 2017 and $4,400 two days later.|
|1 September 2017||$5,013.91||Price broke $5,000 for the first time.|
|12 September 2017||$2,900||Price dipped in response to China’s bitcoin ICO and exchange crackdown.|
|13 October 2017||$5,600||Price shot back up in the aftermath of China’s crackdown.|
|21 October 2017||$6,180||Price hit another all-time high as the impending forks drew closer.|
|17-20 November 2017||$7,600-8,100||Briefly topped at $8004.59. This surge in bitcoin may be related to the 2017 Zimbabwean coup d’état. In one bitcoin exchange, 1 BTC topped at nearly $13,500, just shy of 2 times the value of the International market.|
|15 December 2017||$17,900||Price reached $17,900.|
|17 December 2017||$19,783.06||Price rose 5% in 24 hours, with its value being up 1,824% since 1 January 2017, to reach a new all-time high.|
|22 December 2017||$13,800||Price lost one third of its value in 24 hours, dropping below $14,000.|
|5 February 2018||$6,200||Price dropped by 50% in 16 days, falling below $7,000.|
|31 October 2018||$6,300||On the 10th anniversary of bitcoin, the price held steady above $6,000 during a period of historically low volatility|
Bitcoin Price Charts !
However, Bitcoin Price Chart is also going to receive massive amounts of demand from increasingly large investors in the next few years. Indeed, in March 2013, Malta-based Exante Ltd.
has the solution with its new Bitcoin Fund.
“I hope our fund will be the first hedge fund to take advantage of using Bitcoin COURSE explained managing partner Anatoliy Knyazev.8
This really should be no surprise.
If you were a high-net-worth individual and heard that, say, platinum had gone up one thousand times in four years, you would phone your hedge-fund manager to confirm that he had indeed allocated at least some of your portfolio to platinum.
If he had not done so, you might then look into finding another hedge-fund manager who was able to invest properly.
Should a hedge-fund manager look into Bitcoin and do his homework properly, he will realize that the power that gives Bitcoin Chart its inherent value (merchants’ willingness to accept the currency) is in its infancy.
At the time of writing, the world “online-purchases” market is worth $1.25 trillion.
However, for now, the numbers of Bitcoin-chart accepting merchants are in the thousands and not millions and
(with a few notable examples) they are tiny companies.
It seems entirely reasonable to assume that all online services, software developers, dating websites, Internet telecommunications, social media, etc., will be largely settled in Bitcoin chart by the end of 2014. This is because it just makes no sense to settle transactions in bank credit instead of Bitcoin.
This will put incredible pressure on a limited supply of Bitcoin course.
Bitcoin as a Currency
Bitcoin is a digital, decentralized, peer to peer, pseudonymous currency based on cryptography bitcoin Value Bitcoin Profit Bitcoin Code Bitcoin Trader Bitcoin Chart.
If that sentence made no sense to you, don’t worry – I’ll break it down for you. Digital –
exist only as code, they do not exist as anything physical.
People can (and have) made physical representations of Bitcoin-chart , but ultimately they are based in the digital world.
There is no central bank or institution that issues or controls Bitcoin-chart.
It is a group of individuals all over the world who run the program that keeps the monetary system running.
Peer to Peer –
You control your own Bitcoin, and when you send Bitcoin-chart to someone else, it goes directly to them.
There are no banks or middlemen.
While all Bitcoin-chart transactions are publically viewable in an open
edger called the Blockchain (we’ll get to that later), the sender and receiver are only known as a string of numbers and letters.
If you’re careful about your identity, using Bitcoins can be done anonymously.
As of June 2013, it is handling nearly 60,000 transactions each day, and this number is accelerating quickly.
That’s why you’ll see different “Bitcoin prices” on different exchanges.
For example, since Bitstamp has different exchanges going on than Coinbase Pro, each of these exchanges will show a different price for Bitcoin chart .
When less people are looking to buy Bitcoin chart live there’s more supply the price will drop since people aren’t willing to pay as much.