Bitcoin's 10 years challenge

[michellee]

2009 - $0.00

2010 - $0.125

2011 - $2.00

2012 - $13.00

2013 - $600–$1,000

2014 - $440–$630

2015 - $395–$504

2016 - $600–$780

2017 - $19,783 (All-Time Highest)

2018 - $6,300

2019 - $3,622

https://i.redd.it/pmjdvdatura21.png

If we take a closer look, it's not really bad at all. People are much more drawn with the 2017 price comparison but in fact we are doing much better in the last 6-7 years. We still gained a lot of value in btc and it's just the crackdown and regulation that just slowed us down.

Agreed, this year still on the high level of the price than the last 2-3 years before and if we can buy bitcoin in that years, right now, we still on the profit side. But unfortunately, many people get lost in 2017, and many of them buy bitcoin at the very high price, and now, they cannot do anything except still hold, or they cut loss the bitcoin, but that will make them lose much money.

[Vaculin]

Look at prices in 2013. Then there was also a sharp rise, then a smooth decline, then again a sharp rise, beating all records. It seems to me that this can happen again. Now there are all the conditions for this, and the cryptosphere itself develops every day. Something must be happening soon!

2013 is in the early stage, the volume is still very low so with big demand, price could easily pump and dump.
This year is different, we are staying at a billion dollars market and institutional playing is already playing in the market, we need some big
adoption where institutional money will not play only, the BAKKT launch will bring good results.

[Moiyah]

Big challenge it is for bitcoin. As you've observed the deflation and inflation system were unstabilized. There is a huge progress, yes. Investors are coming in and out in this crypto world affecting the price of bitcoin. Also, a lot of people are already wide awake as how bitcoin works in each of individual's lives. Comparing the changes from 2013 to 2019, cryptocurrency had made a tremendous impact on us.

[jakezyrus]

Look at prices in 2013. Then there was also a sharp rise, then a smooth decline, then again a sharp rise, beating all records. It seems to me that this can happen again. Now there are all the conditions for this, and the cryptosphere itself develops every day. Something must be happening soon!

2013 is in the early stage, the volume is still very low so with big demand, price could easily pump and dump.
This year is different, we are staying at a billion dollars market and institutional playing is already playing in the market, we need some big
adoption where institutional money will not play only, the BAKKT launch will bring good results.

2013 is in the early stage, the volume is still very low so with big demand

how can it be indemand if its volume is low ?  i thought high volume means high/nice profits and low volume means bad/low profits  . 

bitcoin's 10 year challenge is not easy because it goes thru a hard and impossible obstacles  . to sum it all up , btc has still improved alot  despite the current value that it got right now  . be proud  !

[Wexnident]

Look at prices in 2013. Then there was also a sharp rise, then a smooth decline, then again a sharp rise, beating all records. It seems to me that this can happen again. Now there are all the conditions for this, and the cryptosphere itself develops every day. Something must be happening soon!

2013 is in the early stage, the volume is still very low so with big demand, price could easily pump and dump.
This year is different, we are staying at a billion dollars market and institutional playing is already playing in the market, we need some big
adoption where institutional money will not play only, the BAKKT launch will bring good results.

Yes, 2013 is really a mind changing for people towards bitcoin imagine a currency that has a more value than a fiat money. 2013 opened the opportunities for trader and investor in such a way that most of people bats on eye on bitcoin. The real challenge with bitcoin is that how long it will lasts on the top or cryptocurrencies as you can see there are player coins in the market now.

[Ethan Craft]

Look at prices in 2013. Then there was also a sharp rise, then a smooth decline, then again a sharp rise, beating all records. It seems to me that this can happen again. Now there are all the conditions for this, and the cryptosphere itself develops every day. Something must be happening soon!

2013 is in the early stage, the volume is still very low so with big demand, price could easily pump and dump.
This year is different, we are staying at a billion dollars market and institutional playing is already playing in the market, we need some big
adoption where institutional money will not play only, the BAKKT launch will bring good results.

Yes, Followed by BAKKT we have halving in 2020. In last two halving market was bullish. Count on to see the bull run madness again.

[Slow death]

Name: Irushrating
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: September 05, 2018, 01:39:01 PM
Last Active: January 29, 2019, 02:33:14 PM

strange this:

Date Registered: September 05, 2018, 01:39:01 PM
Last Active: January 29, 2019, 02:33:14 PM

You created account months ago and you just made a single post and this post was to post these random numbers:

2009 - $0.00

2010 - $0.125

2011 - $2.00

2012 - $13.00

2013 - $600–$1,000

2014 - $440–$630

2015 - $395–$504

2016 - $600–$780

2017 - $19,783 (All-Time Highest)

2018 - $6,300

2019 - $3,622

https://i.redd.it/pmjdvdatura21.png

we are in the month of January and there are many chances of the price ending the year while it has increased a lot, at least I believe we will see more than  $4500 at the end of the year.

[Johnzky]

You should have not put the price of 2019 because its too soon to tell the value we have atleast 11 straight months to wait before the price will be decided

For me this is something people must see,but i wish i can help to put atleast the quarter prices of each year to find the progress and development same as the downtrend of each quarter

Look at prices in 2013. Then there was also a sharp rise, then a smooth decline, then again a sharp rise, beating all records. It seems to me that this can happen again. Now there are all the conditions for this, and the cryptosphere itself develops every day. Something must be happening soon!

Theres always something new that happening,couple days ago market cap drops almost $8 billion and now its climbing again for atleast 2 billions in 12 hours

[Maxre]

we must not forget history and try to improve the future.
yes indeed there have been many things that happened to bitcoin in the last 10 years.
from that we can learn that bitcoin is not a fast way to get rich all it takes time and the process of how our trust is tested by it.

[jademaxxiss012]

we must not forget history and try to improve the future.
yes indeed there have been many things that happened to bitcoin in the last 10 years.
from that we can learn that bitcoin is not a fast way to get rich all it takes time and the process of how our trust is tested by it.

I do not understand now why market goes down iinstead of growing. As we all.know that there were a huge numbers of possible investors investing in bitcoin after it reach the ATH. I just wondering. why now it pull down since I do believe that investors are still holding a lot becuase they do no want to trade with potential.losses.

[MI6]

these statistics are cute to watch, he grew up as a child, and with his quirks, but everything depends on the parents

yes it's funny, but that's what bitcoin is not stable. we see that in 2009 the price is still low and the year the bitcoin increases and the price rises dramatically in 2017 and then goes back down. indeed the price and the future of bitcoin are difficult to predict and sometimes also surprising, I like it.

if you look at the data, the growth of bitcoin prices continues to increase every year. So why do we still not believe in digital currencies. make trust in the digital currency and we will get the benefits.

Glad i already see bitcoin, even not from start, at least i really grateful can see bitcoin's growth from around $150 until it's peak. Even now it is less that it's peak price, and really far in spread, if we can see from it's timeline, we know bitcoin is growing.

[Mpamaegbu]

In January 2017 the price of one Bitcoins was around 750 dollars. Eleven months later the price was $20.000
Everything are possible, maybe the time traveling crypto predictions ends up true, and we will see a Bitcoin around 100.000 in 2019

2017 was a year of crazy crypto millionaires. ICOs also gave their own unpredictable ROI, not anymore now. Those who took the chances and cashed out early have sweet memories to savour. Those who didn't have regrets as companions. Such is life- Full of Lessons. Another round of Lessons is booting again. Time will tell.

[johnny508]

Very interesting to look at those prices and the current price is very low when considering the highest price bitcoin has in 2017 but it is certainly moving forward but in order for us to see they replace fiat at least for a certain extend it might take several years because today the entire market it self in a bearish condition and for bitcoin the stability is less at the moment but there is a higher rate of adoption into businesses specially targeting online retail market, Shopping business so even slowly bitcoin moving in a successful path and it will be able to recover to its previous price very soon

[wxa7115]

2009 - $0.00

2010 - $0.125

2011 - $2.00

2012 - $13.00

2013 - $600–$1,000

2014 - $440–$630

2015 - $395–$504

2016 - $600–$780

2017 - $19,783 (All-Time Highest)

2018 - $6,300

2019 - $3,622

https://i.redd.it/pmjdvdatura21.png

Don't get me wrong, I'm not trying to spread FUD. But this table reminded me of human life stages:

2009 - $0.00 - Prebirth:  Potential – The child who has not yet been born could become anything.

2010 - $0.125 - Birth:  Hope – When a child is born, it instills in its parents and other caregivers a sense of optimism; a sense that this new life may bring something new and special into the world.

2011 - $2.00 - Infancy: Vitality – The infant is a vibrant and seemingly unlimited source of energy. 

2012 - $13.00 - Early Childhood: Playfulness – When young children play, they recreate the world anew.

2013 - $600–$1,000 - Middle Childhood: Imagination – In middle childhoood, the sense of an inner subjective self develops for the first time, and this self is alive with images taken in from the outer world.

2014 - $440–$630 - Late Childhood: Ingenuity – Older children have acquired a wide range of social and technical skills that enable them to come up with marvelous strategies and inventive solutions for dealing with the increasing pressures that society places on them.

2015 - $395–$504 - Adolescence: Passion –  The biological event of puberty unleashes a powerful set of changes in the adolescent body.

2016 - $600–$780 - Early Adulthood: Enterprise –  It takes enterprise for young adults to accomplish their many responsibilities.

2017 - $19,783 (All-Time Highest) - Midlife: Contemplation – After many years in young adulthood of following society’s scripts for creating a life, people in midlife often take a break from worldly responsibilities to reflect upon the deeper meaning of their lives, the better to forge ahead with new understanding.

2018 - $6,300 - Mature Adulthood: Benevolence – Those in mature adulthood have raised families, established themselves in their work life, and become contributors to the betterment of society through volunteerism, mentorships, and other forms of philanthropy. 

2019 - $3,622 - Late Adulthood: Wisdom – Those with long lives have acquired a rich repository of experiences that they can use to help guide others.

I really hope the next Bitcoin life stage won't be Death & Dying.

Your comment is interesting but you do not have to worry, it will not happen, bitcoin is still only 10 years old, bitcoin is still in development so if I were to think of bitcoin as being in a stage of development that will be the adolescence stage, so there is still room to grow and to develop and I think the next decade is going to be the period in which we are going to see bitcoin go from a coin used only in some parts of the internet to become one of the most popular payment methods during the next decade.

I know this can be difficult to believe when the price has been going down for more than a year but I am convinced that will happen, we just need to wait for the day when that will happen.

[eann014]

2009 - $0.00

2010 - $0.125

2011 - $2.00

2012 - $13.00

2013 - $600–$1,000

2014 - $440–$630

2015 - $395–$504

2016 - $600–$780

2017 - $19,783 (All-Time Highest)

2018 - $6,300

2019 - $3,622

https://i.redd.it/pmjdvdatura21.png

So, if we didn't hit the All-time highest of bitcoin, we still have a good amount of bitcoin as of today right? Before bitcoin hit ATHs it was $7000 as I remembered but it was already 2017 that year at the middle of year then it was slowly hitting ATHs until Dec 2017. 2018 was not really a good year for bitcoin but I can say it still has a good value. Unfortunately, most of us buy bitcoin during it was $19k, so they end up losing some of their capital.

[mapanlah]

Quite Funny. the 10 years challenge might not fit in to this one. the cryptocurrency trend has been involved in lots of up and down. from the reference you gave, it seems like we have a long way to go before we can smell 20k price again. loads of corrections. we will keep faith alive and believe that more adoption of bitcoins will continue.

it may be more appropriate to say the price cycle, because all products or a commodity will all experience a price cycle, so rising and falling bitcoin is very common in the business world. for anyone who can take advantage of price changes, this is a very interesting challenge, seeing the development of technology that is progressing very rapidly, the trading tool must also follow the changing times, so if we observe business people starting to use a lot This money is for each of their trading, this is a sign that the prospect of bitcoin in the future is very good.

[Vaculin]

Well if it was a person we would say that Bitcoin aged like fine wine as they say. Best year yet we all know that it was 2017, the major bull run was great to see. We must look to the future, I believe that Bitcoin has not given us the best year yet.

I agree with you, 2017 was just a free taste for everyone on how it is to reach that price.
Bitcoin is still here and will continue to grow, we've been in up and down but there still more to come and that is worth holding for.
I did not sell at $20,000, because I want even more which I know will come. 

[rollingstorm45]

In January 2017 the price of one Bitcoins was around 750 dollars. Eleven months later the price was $20.000
Everything are possible, maybe the time traveling crypto predictions ends up true, and we will see a Bitcoin around 100.000 in 2019

never expect too much about prices, we have to be realistic about the real situation because expectations are too high can lead us to wrong in determining attitudes,
 we realize the price of bitcoin is very fast changing, but it must have news or something big and can influence prices quickly , but now it is difficult to reach the price we want because the world economic situation is experiencing a slowdown, or the world economy is not good enough.

[Viceroy]

Just to think of that - 10 years! isn't it enough to tell that it's not a fraud project and that it's just spreading its wings
learning to fly? Let's support our little fellow with out faith and investing!

[VeeraS]

you try to learn after post correction and accident, bitcoin adapted and was able to grow again beyond the new record in price. although only 2017 historical records are very high scores.
and for this year I don't have much information for each growth, most likely the market will move green high at the end of the year.