Bitcoin Forum

 🎅🏻 🎄Historical #Bitcoin prices on Christmas Eve:
2010: $0.25
2011: $4
2012: $13
2013: $651
2014: $330
2015: $453
2016: $899
2017: $13,673
2018: $4,120
2019: $7,318
2020: $23,475
Today: $51,500

Not every chosen date would give the same picture, but the general tendency is indeed caught by such price comparison, and that's the fact that Bitcoin has been growing throughout its history. The Christmas Eve list shows a bit of a regress in 2018 and 2019, as well as in 2014 and 2015, but Bitcoin successfully managed to recover and surpass its former achievements. Another list I like is the list of the lowest price points per year because it shows how low Bitcoin can fall at a given time period (and, thus, the level of trust into it). Here's mine, taking approximations from Coingecko (https://www.coingecko.com/en/coins/bitcoin):
2014: $320
2015: $172
2016: $384
2017: $900
2018: $3,200
2019: $3,500
2020: $5,000
2021: $30,000

The price of bitcoin from year to year is indeed extraordinary. Just imagine if we have just 1 bitcoin in 2010, try to calculate what percentage of your assets have increased until the year I write this. If we want to invest in the long term, I say bitcoin is the place to be. At the end of every year bitcoin experiences a correction, this is a good time for us to have it.

= 4907.69% increase

= 1420.91% increase

I really doubt it, but sometimes I wonder if a year-over-year price increase of this caliber is still possible knowing how big bitcoin is today(almost $1 trillion). Calculations go through my head on how great my situation would be if such a multiplier occurs again. I'd really rather have a slow and steady increase than another blow-off top though.

I can relate to these series of years because 2017 is when I got into Bitcoin and
2017 was the year when it crossed $10,000 and then doubled just to crash.


Interestingly will 2022 be a continuation of 2021? will there be a supercycle?
or the start of a bear market? speculation will continue but I'm with mk4 above
about a slow steady rise.

It seems that 2018 is the year of the most obstacles. In 2018 we have to go through a lot of negative news. Investors were in a lot of dilemmas this year due to which the price did not rise much. Some of my friends jokingly told me that the value of Bitcoin would go up to zero before I sold everything and converted it to Fiat. In fact, a lot of bitcoin holders have had to go through this strategy that dark year. Most of the hodlers almost gave up hope, only those who were able to endure were successful. Bad days are over, from now on we will see decent pump in every Christmas.

I always have good memories when I think about Christmas and bitcoin at same time. During this season bitcoin gives a lot of hope and expectations things are going to get better in crypto market.

Just look what a nice event we are seeing: bitcoin was struggling to reach above 51,000$ and today, Decembet 24th, it has finally happened again.

It's not the new ATH everyone wanted seeing, but it's a positive message to investors they should remain patient and confident next year can be great!

If you're getting fearful you should look at the reason you exchanged fiat for Bitcoin in the first place. There's much more to Bitcoin than the price (except they bought in due to fomo). If you use price history to make financial decisions, you'll make many mistakes on almost 98% of all cryptocurrencies.

If you're getting fearful, look to the network securiry, decentralization and many of the other features which .akes Bitcoin stand out, the time you get doubtful of the fundamentals is when you should decide to sell.

Probably Christmas isn't special day for crypto and Bitcoin, but still, it's interesting to go through years and see how much price has changed. And damn, time flies so fast. I joined back in 2015 and how many things happned since then. Amazing. I remember when Bitcoin reached $10 000 for the first time, it was something amazing. And predictions that one day it can reach $100 000 looked like wet dreams. Now it doesn't sounds so unrealistic. Who knows, maybe next Christmas we will celebrate Bitcoin hitting $100k :D.

And yet people are sometimes losing sight of the bigger picture because they are more focused on how much Bitcoin has lost since it made its ATH. Many must have forgotten that just last Christmas, the price was only at $23,000. That's just merely one year ago. Even at a relatively low price right now since the $69,000 ATH, it is still more than 100% increase from the last Christmas. Bitcoin is still giving us a more beautiful Christmas than last year. Let's all be merry!

Yep, we can see that. Almost every Christmas Eve, the price was higher when compared to previous year's Christmas eve. Just zoom out the charts and you will see how much the price has went up. It is not only just during Christmas. All people got to do is keep holding until they reach their profit goal. In the long run, the price will go up. The more the people use and the higher the price will go. Keep holding until it becomes a mainstream currency. You will enjoy the profit and you don't really have to worry about the volatility anymore. The way the price is going up right now, we may be near ATH level within next year.

Yes, based on the historical price of Bitcoin every end of the year, there is a huge increase and this year is no exception, we even have 2x all time high in 2021, that alone speaks the magnitude of the increase specially after halving years.

So we might look at the next 2-3 halvings and see how the price will grow again. Not saying that the pattern will continue, but at least we have a picture of the possible growth it will have in the next 10-12 years.

Well merry to those who bought low and sold high, but for the opposite? It's a lost opportunity. Well not for me though, I'm just waiting for the next dip to happen to buy in again after profiting off the dip in the start of December. Now I'm just gonna hodl myself to death (unless I see an opportune buy and sell moment) for a few years, probably till next halving or so. I don't think big price increases would happen once again though, even 100% in one year seems surprising already at this point.

On a side note, Happy holidays to everyone!

If we looked from the halving events, 2022 should be in bear market if the history repeats.

Halving 2012: $13
2013: $651
2014: $330

Halving 2016: $899
2017: $13,673
2018: $4,120

Halving 2020: $23,475
2021: $51,500
2022: ?

But the difference right now is many institutional or well known investors already start to buy Bitcoin, also El Salvador's accepting Bitcoin as legal tender. More over mining has been shut down in China, if there's a news about China crackdown about Bitcoin... there's no more such China is the highest hashrate and can control Bitcoin. The recent bad news about Bitcoin is the high energy consumption, even it's not actually correct.

Forget those who bought high and sell low. It isn't the fault of Bitcoin nor the market that they are losing. Bitcoin has given us all the opportunities to gain and not to lose. But due to our lack of patience or of our too emotional reactions or whatever, we make mistakes. They're not innocent mistakes; they're informed mistakes. Despite them knowing the possibilities, they seem to decide based on emotions and not on reason. Their Christmas would, however, remain merry if only they focus on the good side of life.

It is bad to look at prices in an arbitrary time frame. For example the 2017 rise was from $150 and it went up as high as $20000 which makes the rise a 13233% rise.
Also we can't compare the last 2 cycles with the 2013 one because the duration of them were much shorter. For example in we had basically 2 cycles. One that ended in April with a 75% crash ($259 down to $63) and then the big rally from there to $1163. The $259 peak itself was the cycle starting in 2011 and that rise was only 11210% so by all calculations the 2017 cycle was much bigger than the first one.

That's the best part which many ignores as we have seen bitcoin progressive growth over all these years and see how 1400% returns were served to all the holders in these years and whenever I see these percentage it makes me believe more in Bitcoin.

You could check the price history for each day like Thanksgiving also and you will find out that each year there were progress keeping aside some dips but still it's rising.This growth might be slow from now onwards but the main part is growth will be there.

This Christmas brings happiness to bitcoin holders or people who already bought bitcoin at a low price to decide to sell some portion and celebrate their profit with their family. This increase is just a new beginning before we end this year and we will see the other high price in the next years. If the situation is no longer good in the next year, that will not be a problem because we will have the best time to accumulate more as the price can reach a low price. Just have more patient and use your time to decide.

Its a good day whenever Bitcoin price per coin is higher then it was at this same time last year.
Currently, we are in this care right now so I am content where the price stands but still wait patiently for the madness when we see 100k per coin.

These bitcoin prices practically displays that bitcoin needs more adoption to hit all time high. In 2016, I heard bitcoin for the first time but didn't know what it's all about. But, I'm sure from the price above that only few people have adopted bitcoin at that time. From 2017 the biggest move in price of bitcoin happened but, the bearish fall was a thing that made a lot of people to sell their bitcoin in February 2018. So, the primary thing the ecosystem needs to know is that adoption is gold.

100k is a thing for sure but adoption will accomplish it. Many people have known bitcoin now compared to far back 2014-2016 and not everybody that held bitcoin in those years have enough bitcoin today. Exactly this period yesteryear Bitcoin pushed forward to 30k and kept yielding more profits to investors, then the speed which people started adopting bitcoin increased and the price kept increasing until it fell back to 29k in the middle of this year and people started selling again.

However, it went bullish one more time but, so many people have made the mistake of not holding firm.

In conclusion, more people should accept bitcoin as money and save it regardless of the exchange rate because 1BTC = 1BTC

I used to own bitcoins in 2013 when the price was about $200 and am upset that I never considered holding it. I even had as high as 2 BTC in 2015 and sold it at that rate as I felt $1000 was a risky amount to hold in Xapo. 2017 is still the best year for Bitcoin and altcoins. We can never see that trend again I guess.

Look at this Bitcoin to USD Chart from CopinMarketCap:

https://i.imgur.com/HlG1qBD.png

And you are saying that 2017 is still the best year for Bitcoin?

2017 had been a great year for BTC and alts, no doubt about that, but let's not underestimate the year we are living in right now, our beloved 2021. :)

I mean, seriously, all of us here know that Bitcoin is a great thing. What we need is some acknowledgement from other people. And isn't a new ATH showing the highest level of that acknowledgement so far?

^^ Of course we might say that 2017 is a golden year for bitcoin and altcoins.

And maybe majority of us here really did enjoy that year because it was the first time we we get involved in crypto and bitcoin and happy to see the price hits all time high that year.

But 2020-2021 was very different year as the growth is really tremendous. Next stop is $100k, but it might take the next 2-4 years to get to it.

2012-2013, 2016-2017, and 2020-2021 had a noticeable increase. If that kind of increase will happen in the next 2 years we might see Btc price more than $100,000.
Well, that's more than enough evidence that Btc is bound to reach that value, for those who are doubters and bearish people.
Hold for more Christmas to come and you'll reap the ripest fruit in the next 2-3 years.

The history of bitcoin carries more significant values ​​but there is always an individual relevance and of the data that in the long run the different chatrs show, ´but without a doubt the price of $20k and overcoming that barrier this year are my personal favorite history .

I would have liked to see him exceed $70k this year 2021 but being at $ 69k means having reached it at least personally.

Great year for bitcoin in price variations.

I usually do every Christmas always sell some of the Bitcoin I have, so that I can plan a holiday events with my family and also be able to
give gifts to my children. Moreover, this year I was able to generate quite a large profit, so I can enjoy Christmas this year happily with my family.
Even though Bitcoin price failed to hit $100k on Christmas Eve this year, which was my goal. But when compared to the price of Bitcoin on
Christmas Eve the year before, Bitcoin managed to double and I am very satisfied with that. I'm sure Bitcoin could hit $100k in 2022, so if early
2022 Bitcoin goes down again, that's my chance to buy more Bitcoin again.

Congratulations to you because you sell at another high price after facing a low price for some time ago. I am sure you can buy some gift for them and celebrate it with your family.

It is a matter of time seeing bitcoin will hit $100k in 2022 as I am sure that bitcoin will go to that price. Meanwhile, we can feel satisfied with the current price because we can back sell some bitcoin and enjoy the profit with our family. This year gives more profit for me and I am sure we can make another profit in the next year so we can still hope while we keep trying to prepare ourselves for the next bull run.

It's nice to see that I'm not alone in thinking the same. Right now, when BTC is down by 7% in the last 7 days, it might look crazy to predict $100k this year, but if you read the history of Bitcoin price, you can see that there were times when people were saying that Bticoin will never reach $1 USD. I mean, it seemed as impossible as $100k seems right now. :)

Am not saying, sell everything and buy Bitcoin, but if you have some sats, try not to sell them at deep.

When i involved in cryptocurrency 2015, Bitcoin price was $400+.Now bitcoin price around $47k+. I'm fully satisfied about BTC price.Now bitcoin is most valuable coin in market and number on coin market cap   . Bitcoin price is growing day by day and bitcoin has been hive  development. Great year of bitcoin in 2021.We are happy to about current BTC price. I Think bitcoin price will be more increase and hit $70k+ in 2022.

You should satisfy if you bought Bitcoin years ago and still hold it now. It means your belief in Bitcoin, blockchain technology and this market is very big.

Price is not most important. Marketcap, adoption level and communities are more important factors. It takes other cryptocurrencies to reach to the level of adoption and success with which Bitcoin has now, 13 years after the Genesis Block on 3 January 2009.

Check its historic price on its birthday from 2011 to 2021 (https://twitter.com/ccFOUND_Global/status/1477984908857335810)

BTC is most valuable coin in whole Market. And its price was 1$ in   but today its protest I A and then it reached 69k$ these are. Times

People get too frustrated when Bitcoin loses value, sometimes it might upset me too, but I'm trying not to worry too much. It has lost quite a lot in value in the past week, however, as someone who is aiming at long-term holding, I believe that Bitcoin will recover as soon as things get better with Omicron and the condition in Kazakhstan.

The condition of BTC with a significant decline in its price is enough to make a loss for many investors, but if you reverse this again, the problem is that the electricity demand is very large, causing many regions to prohibit mining.  Isn't this issue overstated?  Basically, electricity demand on earth is still dependent on cheap coal but it is not very environmentally friendly, regarding electricity that has not met the world's needs, you should not blame BTC and cause a bear market.  There are many things that should be supported, such as the news of Whatsapp accepting the presence of BTC by testing it in the USA.  So the market is also going up.

Certainly a factor I didn't weigh in, now that electricity costs have skyrocketed, while mining operations consume a tremendous amount of it, most of which are stemming from fossil fuels. Definitely, Bitcoin accounts for 0.5% of worldwide electricity, which isn't a small amount, the truth is that mining might have become unprofitable (or less profitable anyway) due to high cost of energy and could potentially set miners off.

25 cents to over $65K! What a journey so far. I feel that this achievement should be added to the Guiness book of World Records since we might never see any other currency improve so drastically over time.

I found out about BTC when it was around 300 bucks and bought some at that price, but sold them after it rose to around 800 bucks later on.

Am not disappointed that I didn't HODL until it breached $60K since I still earned profit at the end of the day and that's what matters the most in this extremely volatile cryptocurrency market basically.

This indicates that holding bitcoins at any time will certainly increase sharply and that is the advantage that bitcoin has compared to other coins and the criteria for bitcoins are always increasing.

all the same as you that holding bitcoin is something of satisfaction in itself, because bitcoin never disappoints its holders because every time it will continue to increase sharply. although currently it seems to be corrected but the correction will not disappoint if we are persistent to hold on to it.

trust in bitcoin by investors is also seen by the increase in market capitalization which indicates that bitcoin is indeed a very attractive investment and makes benefits for its holders. looks like this year if only we can create the latest ATH or at least get past the crucial $70K figure it will be even better.

I'm looking forward to seeing its price in the last quarter of this year, I won't speculate it to be like last year but I'm hoping for another surprising ATH that will gonna change the other's perspective about the cryptocurrency especially bitcoins. The more companies will adopt it, the more popular it gets and that would be the same reason for the price to increase especially when they know the history of bitcoin's price. It won't cease to increase as long as we have some good news every year that will make it trend and gonna pump it up to its next ATH.

Since we're now taking a new year I am very optimistic that we will be going to see a multiple milestone that bitcoin will definitely going to break this year. We may now see a bear trend in whole crypto platform especially bitcoin but I feel that in the next following months (maybe this Q1 of the year) another break through will happen. If we will only going to pay attention to OP's summary of prices of bitcoin each year since 2010 we can say that bitcoin have grown into big, and at this time a price correction is just a normal phenomenon to bitcoin and it's just a sit back of bitcoin to land on a highest landing in future.

Bitcoin is still the oldest and largest in the cryptocurrencies since 2010 till 2022 is still leading. Bitcoin price is still causing people to smile every months and every year in the community for so much income they have been receiving from bitcoin investment. It just moved from $51 which it will definitely get to $80 before the end of 2022.
Despite other altcoins are preparing to increase higher but they cannot increase more than bitcoin that is in $51k which is still showing green light to customers to put more hope on their investment.

Like what I previously mentioned in my past posts, the trend of BTC prices (basing it on its history), tend to be upward. Though there have been cases of bearish prices (like the one we have now), it continues to increase every time a fork happens.

Since the nature of BTC is inflationary due to its limited supply, forks do happen that lowers its denomination which circulates in the blockchain. Miners get lower rewards which makes its price more valuable. That is why, I highly recommend for people to invest in cryptocurrency for long-term gains in order to maximize profits.

On next Christmas the price could be $70k or more, looking at the previous performance of bitcoin it seems me super easy.

It is certain that the history of bitcoin continues to grow rapidly from year to year, even that number is beyond our imagination that bitcoin will be very valuable as it is today. the conclusion I came to is that bitcoin will be a promising asset for long term investment if we are patient with it and believe in it.