Bitcoin Forum

 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

May 2010--less than $0.01:- On 22 May 2010,[151] Laszlo Hanyecz made the first real-world transaction by buying two pizzas in Jacksonville, Florida for 10,000 BTC

Mar 2010--$0.003:-On 17 Mar 2010, the now-defunct BitcoinMarket.com exchange is the first one that starts operating.

July 2010--$0.08Increase:-In five days, the price grew 900%, rising from $0.008 to $0.08 for 1 bitcoin.

October 2010--$0.125Increase: Price surpasses one bit

Feb 2011 –- April 2011--$1.00Increase:- Bitcoin takes parity with US dollar

8 July 2011--$31.00Increase:- top of first "bubble", followed by the first price drop

Dec 2011--$2.00Decrease:- minimum after few months

Dec 2012--$13.00:- slowly rising for a year

11 April 2013--$266Increase:- top of a price rally, during which the value was growing by 5–10% daily.

May 2013--$130Decrease:- basically stable, again slowly rising.

June 2013--$100Decrease:- in June slowly dropping to $70, but rising in July to $110

Nov 2013--$350–$1,242Increase:- from October $150–$200 in November, rising to $1,242 on 29 November 2013.

Dec 2013--$600–$1,000Decrease:-Price crashed to $600, rebounded to $1,000, crashed again to the $500 range. Stabilized to the ~ $650–$800 range.

Jan 2014--$750–$1,000Increase:- Price spiked to $1000 briefly, then settled in the $800–$900 range for the rest of the month

Feb 2014--$550–$750Increase:- Price fell following the shutdown of Mt. Gox before recovering to the $600–$700 range.

Mar 2014--$450–$700Increase:- 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–$530Decrease:- The lowest price since the 2012–2013 Cypriot financial crisis had been reached at 3:25 AM on 11 April.

May 2014--$440–$630Increase:- The downtrend first slow down and then reverse, increasing over 30% in the last days of May.

Mar 2015--$200–$300Decrease:- Price fell through to early 2015

Nov 2015--$395–$504Increase:- Large spike in value from $225–$250 at the start of October to the 2015 record high of $504.

May–June 2016--$450–$750Increase:- Large spike in value starting from $450 and reaching a maximum of $750.

July–September 2016--$600–$630Decrease:-- Price stabilized in the low $600 range.

October–November 2016--$600–$780Increase:-As the Chinese Renminbi depreciated against the US dollar, bitcoin rose to the upper $700.

January 2017   $800–$1,150Increase

5-12 January 2017--$750–$920Decrease:-- Price fell 30% in a week, reaching a multi-month low of $750.

2-3 March 2017--$1,290+ Increase:- Price broke above the November 2013 high of $1,242 and then traded above $1,290.

April 2017   $1,210–$1,250Decrease

May 2017--$2,000 Increase:- Price reached a new high, reaching US$1,402.03 on 1 May 2017, and over US$1,800 on 11 May 2017. On 20 May 2017, the price of one bitcoin passed US$2,000 for the first time.

May–June 2017--$2,000–$3,200+Increase:- 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.

August 2017--$4,400 Increase:- On 5 August 2017, the price of one BTC passed US$3,000 for the first time. On 12 August 2017, the price of one BTC passed US$4,000 for the first time. Two days later, the price of one BTC passed US$4,400 for the first time.

September 2017--$5,000Increase:- On 1 September 2017, bitcoin broke US$5,000 for the first time, topping out at US$5,013.91

12 September 2017--$2,900Decrease:- Price dipped harshly from China's bitcoin ICO and exchange crackdown (those following improper practices

13 October 2017--$5,600Increase:- Price shot back up as the world moves on past the incident following China's crackdown

21 October 2017--$6,180 Increase:- Price hit another all-time high as the impending forks draw closer

6 November 2017   $7,300 Increase

17-20 November 2017--$7,600-8,100 Increase:- Briefly topped at USD $8004.59/BTC at 01:14:11 UTC before retreating from highs. At 05:35 UTC on 20 November 2017 it stood at USD$7,988.23/BTC according to CoinDesk. This surge in bitcoin may be related to developments in the 2017 Zimbabwean coup d'état. The market reaction in one bitcoin exchange is alarming as 1 BTC topped nearly US$13,500, just shy of 2 times the value of the International market


15 December 2017--$17,900 Increase:- Bitcoin price reached $17,900

22 December 2017--$13,800 Decrease:- Bitcoin price loses one third of its value in 24 hours, dropping below $14,000

5 February 2018--$6,200 Decrease:-   Bitcoin's price drops 50 percent in 16 days, falling below $7,000

31 October 2018--$6,300 Steady:-   On the 10 year anniversary of Bitcoin, price holds steady above $6,000 during a period of historically low volatility


5 Nov 2018-- $6,441 Increase

In matematicly you can't loose with bitcoin, it has been demonstrated too many times. And the price would not have a big change just like 2017 again i am sure of that too. The bitcoin is / will opening the path of the cryptocurrency and the blockchain for sure but it can't do anything for itself i guess anymore.

So basically we are at a similar point as last year in terms of bitcoin price. The only thing missing is the mega pump that we experienced in december last year, better stock up now

it would have been a lot better if you posted a chart. usually a graphical representation of "data" is so much easier to understand and analyze instead of the raw data in text form where you have to read it without any visualization.


number-wise price is the same but market is not at all the same.
last year price was on the rise and we were mid rally while the adoption was growing. this year we are post-correction/post-bubble stage while bitcoin is under-priced.

We all know that, what's the point then? Everyone can look up the charts, it still doesn't show a point Bitcoin was growing because it has a demand, then Bitcoin grew because there is a speculation on

The interesting part is the linking to the events that may have affected the price evolution.
The even more interesting part is that after reaching $8100 there was no clear event that could have done neither the ATH, neither the fall afterwards. Although there are a couple of events OP may have missed, real or not (Gox sale), I think that an observation would be that a big part of the evolution in the last year was speculation and manipulation.

Can we jump to the conclusion that something like 8100$ is closer to the real price of Bitcoin (for last year)? Then we should reach it and even pass that value by some little margin, sometime in the next few months?

do not compare past prices with current price, because this does not help at all. In the last years we did not have much demand, in the past years we had few exchange, in the past years we did not have the attention of governments and banks as we have today. Things have changed a lot since the last years until now and we need to understand that. You see, last year we saw a lot of optimistic prediction, but we are less than 2 months into the end of year and no prediction has come true.

There's no reason for crypto to move as fast as 2017 anymore, people have to deal with it regardless of numerous catalyst on big projects, its gonna be an era where bad coins got pumped and those which real value sustain as any ordinary technology stocks, definitely its sadden for many people to not able to retreat their gains since jan but lets believe in our portfolios

2018 has been one of the best year for bitcoin.
The pump of last year presents the idea that we have been in a bearish run all through this year, but the average support has been higher than any other year.
And the volatility has greatly reduced.

It has been a slow year with little excitement, I see that as a huge step in gaining acceptance as a currency.

Why not use a graph for it? always an image talks more than words and is more clear for all. We all know BTC is a roller rollercoaster and it will still that way. So would be nice some projections about the future, or some speculation in your timeline  ;)

Well the whole crypto market is just manipulation and it was like that the whole time since. It is constant bubbles that bring the crypto to the new all time high eventually. And even though it will happen once again after this bear market, it will not be in this trend forever as it can't just increase in value infinitely.

Well you can find graphs of bitcoin price all over the internet. As far as I underdood the op wanted to show the extracted information that would help to see how overwhelming price increases are compared to drops.

exactly I find this one chart pretty good:  https://99bitcoins.com/price-chart-history/
you can scale it anyway you like and trace the prices through years and/or a set period of time
bitcoin price is volatile but there are some clear trends  that one can see and use in trading
but that is a topic for a different discussion, I guess

I agree with you, demand will only rise while the inflation rate will decrease.  Unfortunately, this past year has scared off a lot of new investors because of the declining prices.  We are still in the early adoption phase though.  The total crypto marketcap is still only 200 billion dollars.  Consider that their is over 10 trillion USD circulation through banks and you can see crypto is still a drop in the bucket.

Bitcoin price hit all time high just below $20,000 - December 18, 2017 Bitcoin hits a new record high, but stops short of $20,000

From The #1 Bitcoin Price History Graph + Related Events (2009 - 2018)
https://99bitcoins.com/price-chart-history/

Suppose the op should edify the highest bitcoin value.

In all the time circle of the bitcoin it is very interesting that in every year bitcoin had face many challenges and every time the challenge was outside and it affected the bitcoin price very badly while now the bitcoin is traded at @6400 but in past it had many swings and it will not be wrong that we can not control the bitcoin demand and supple but the market is largely affected by this and with out bitcoin price movements still bitcoin is available with every crypto users in different forms.

When compare the price of BTC 2015, 2016, 2017 and 2018, the price increase from 2015 to 2017 is very appreciable and I don't see the current value of BTC as challenge to the future value of BTC. According to the prediction/analysis the next ATH should be $25000.

I am really impressed reading your post about the bitcoin price was started really it was like a thrilling story and thank for the great information about bitcoin price i am really happy with your post and my future price prediction for Bitcoin will be cross more than 25000 USD in coming days.

10 years but not long for a breaking technology and a new kind of asset

You predicting that the price of bitcoin will double? What time frame? We're still farther away from the $6000 mark and we have to overcome a lot of hurdles to even touch $5000 at this point. I would just advise everyone just to be cautious but if you're a risk taker, then go for it, the price looks cheap and a perfect opportunity to accumulate before the next bull run happen in 2019-2020.

it is "November" 2018 which is last month that is gone. this topic is also old. in other words OP was not predicting anything, he was just reporting the price at the time.

in case of reaching $6k i believe that it can happen easily because we currently are in an underpriced state and only a small ignition is required to make the market explode back to real values above $6k.

Yup bitcoin came from nothing, And all the early supporters who lose their wallet private key and other kinds of stuff are now crying. So I'm glad bitcoin has been made to cure the financial crisis in the whole world. So banks are trying to control BTC in their own ways.

The lack of value in bitcoin when it made everyone not yet involved in the crypto world, it is likely that few still know about it, then gradually and surely the value of ups and downs is on demand. From year to year bitcoin travels are more widespread and are becoming known so that they have high value and increased demand. The history of bitcoin will be a correction for the future.

These pumps are generally quite fast and so are the dumps. Catching the key moments is almost impossible. All we know is that it will eventually rise again when the time is right

Initially, it did not have value but over time and saw many who needed it so that bitcoin began to have value, the history of bitcoin became the basis for developing better. Looking at the graph from the beginning of the stand up to now is a lesson to understand that at any time when bitcoin has value, whether it's low or high value, what is certain is that currently the bitcoin is still the top coin and has benefits for its holders.

Exactly, A lot of them were saying BTC as a scam still it conquered the market. This seems to be very very disappointing when the value goes down but still it is popular in the world, yes this technology is made to end the financial crisis in human's life and a lot of banks are in contacts with the powerful people's who are government's authority to crash this technology as the popularity of BTC is never ever expected by anyone. A life changer for everyone is here guys make use of it.

we shouldn't look to the past. now is the good time to invest

It's so useful to see Bitcoin's history :). Any one here has Bitcoin in 2008 and hold till now?  ;)

I think it's so hard to reach $6441 in end of this year. We have only 11 days left and I heard negative news anytime, anywhere.

why don't you make a chart of your data? that would be more easy to get and understand ;)

Bitcoin price movements always change at any time and that proves that demand factors are very important.
There are always unexpected changes and we must be prepared to face any situation.
The world of cryptocurrency is very uncertain and only for people who dare to take risks.