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Author Topic: Historical performance of #BITCOIN  (Read 146 times)
edumetrix.io (OP)
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April 07, 2020, 01:07:29 PM
 #1

Historical performance of #BITCOIN against #EURO:
first price:97.0
last price:6832.8
EARNINGS:6944.12%
2.89% per day
20.25% per week
86.78% per month
1041.39% per year
PERIOD:
6.67 years
80.02 months
342.93 weeks
2400.52 days

Get Ready for the Next Halving CoolBTC
BrewMaster
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April 07, 2020, 04:25:20 PM
 #2

first of all bitcoin has been around for 11 years and you can't just pick some arbitrary time in the past (6.6 year ago?) and call that "first price".

secondly your conclusion will come true (a big rise coming) but the reasoning you used is completely wrong because you can't say "just because something performed in a certain way in the past it should perform the same way in the future too".
if that were true, every shitcoin that had gotten pumped once should continue pumping every year instead of dying slowly and disappearing after a while.

There is a FOMO brewing...
Febo
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April 09, 2020, 01:15:29 PM
Last edit: April 10, 2020, 12:21:56 PM by Febo
 #3

Historical performance of #BITCOIN against #EURO:

https://99bitcoins.com/bitcoin/historical-price/

Here you have a most accurate Bitcoin historical prices. With some important events mentioned.  Most exchanges dont post prices from 2013. Not sure why. They used to show prices from earlier.
gentlemand
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April 09, 2020, 07:36:18 PM
 #4

first of all bitcoin has been around for 11 years and you can't just pick some arbitrary time in the past (6.6 year ago?) and call that "first price".

Presumably that was when the first EUR market opened up. Maybe it was Kraken? Not sure who the first one was. It's strange that after all this time and it being the currency of one of the world's richest areas it's still 100% the dollar's bitch when it comes to BTC.

The yearly lows are a much more telling figure to me at least.
JimboToronto
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April 09, 2020, 09:11:15 PM
 #5

Most exchanges post prices from 2013. Not sure why.

Before 2013 the only real exchange was Mtgox.

Even Mtgox only goes back to July 2010 when it was under a dime.

October 7, 2010 had a nice dip... all the way down to a penny and right back up. Less than a month later it was up to half a buck.

Those were the days. Wish I'd been there instead of just reading about it.  Grin
arwin100
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April 10, 2020, 12:45:35 PM
 #6

Most exchanges post prices from 2013. Not sure why.

Before 2013 the only real exchange was Mtgox.

Even Mtgox only goes back to July 2010 when it was under a dime.

October 7, 2010 had a nice dip... all the way down to a penny and right back up. Less than a month later it was up to half a buck.

Those were the days. Wish I'd been there instead of just reading about it.  Grin


How I wish to know bitcoins more earlier since when I first to know bitcoins the price for that time is at $400 - $500 and yet I'm still doubting since the flactuation is so fast and yet lose my trades for early years. But when the year 2017 cames I actually see a good track which leads bitcoins to reach its ATH and might we can use this as a basis that we can still see more price pump and new ATH in following years of bitcoins existence.

 Maybe doubting is not helpful since for sure we will mesmerized buying bitcoins at cheap price and earn when price is pumping.

Vaculin
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April 10, 2020, 01:19:42 PM
 #7

EARNINGS:6944.12%
This is more important for long term holder and this tells that we should hold.
I'm not sure if the figure you showed is accurate but I'm sure that investing with bitcoin int he early phase will give investors a fortune.
sheenshane
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April 10, 2020, 01:31:24 PM
 #8

EARNINGS:6944.12%
This is more important for long term holder and this tells that we should hold.
I'm not sure if the figure you showed is accurate but I'm sure that investing with bitcoin int he early phase will give investors a fortune.
Therefore, we should encourage everyone to hold furthermore as long as they can.
I also believed in holding long term will be benefited you most if you have extended your patient upon holding your Bitcoin.

Anyway, I think Coinmarketcap has a feature of having Historical Data of Bitcoin, probably this is also accurate information with the legit source.

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