Bitcoin Forum
May 25, 2024, 03:46:07 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-01-03] Volatility of Bitcoin Price Consistently Declined Since 2010  (Read 322 times)
tyz (OP)
Legendary
*
Offline Offline

Activity: 3360
Merit: 1531



View Profile
January 03, 2016, 06:21:30 PM
 #1

Since its birth in 2008, financial experts and institutional investors have criticized the viability of Bitcoin as an independent currency, due to its highly unstable volatility rate.

http://www.newsbtc.com/2016/01/03/volatility-of-bitcoin-price-consistently-declined-since-2010/
dserrano5
Legendary
*
Offline Offline

Activity: 1974
Merit: 1029



View Profile
January 03, 2016, 09:27:16 PM
 #2

Quote
    2010: US$0.07 to $0.29 (314% increase)
    2011: US$0.29 to US$6.18 (2031% increase)
    2012: US$6.18 to US$13.41 (117% increase)
    2013: US$13.41 to US$817 (2882% increase)
    2015: US$314 to US$431 (37% increase)

LOL at they omitting 2014 from the listing to show clearly skewed data.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!