Historical prices of bitcoin

[pankowri]

Historical prices of BTC can't measure at a glance .Because of it's nature it can't be said that any fixed time
Of revolution is stable.But during the life time of BTC it reached at highest price of 20k.We hope that BTC will break it's previous price continusly and reached at the top of crypto currency.

[kryptqnick]

It's not so much a deal but I think this should be here. Bitcoin price calendar stamp in month of October.

2010: $0.06
2011: $5
2012: $12
2013: $127
2014: $383
2015: $238
2016: $614
2017: $4388
2018: $6579
2019: $8317
2020: $10,832

It's noticeable how in 2017 skyrocketed the price of bitcoin, that's when I entered the cryptospace and discovered this forum, I was able to ride the hype the pre pump in September 2017, that was a blast.

Seeing the prices of bitcoin through years makes me think of Moore's law,  you can check it out in google though it was not really doubling the price every year. Is a new law possible for the price of bitcoin like Moore's law?

The Moore's law doesn't work ad infinitum when it comes to transistors and the cost, I believe, as transistors happen to be currently reaching the limit where quantum physics comes into play and things get very tricky. And with BTC price it's not doubling at all (it only almost doubled from 2011 to 2012). Rather, the price went up 80x, 10x then there was a negative change from 2014 to 2015, and from 2017 till 2020 the change was less than 2x. I don't think that there's a formula to calculate the price of Bitcoin as the growth has been varying wildly.

[yazher]

Do you guys think after 10 years the price will rise further than what it is right now? cause we still haven't crossed that $20,000 mark yet after 3 years. I wonder what will be the reason for the price to rise after 10 years. Do guys think that if ifs not for those exchanges that always getting hack, the $20,000 mark could have been crossed today? the popular hacking incident in 2020 is the Kucoin hacking incident and I'm pretty sure there will be another hacking incident after that, could it be the reason why we still here at the 10,000 marks?

[gurjasmeetsingh]

I think  historical remarkable price of btc was year 2017.investers who had get good profit in that time. So we should be think as positive  point .btc has proove it is a good earnings platform in the market. To makes good trust in the investors. I think  so.

[shamimal93]

Bitcoin cannot be defined by any formula.  And it would not be right to do so.  Because it is never fixed.  No one can say when the price of Bitcoin will rise and fall.  There was a time when the price of Bitcoin was below $100.  Gradually the price continued to rise.  Its price skyrocketed in 2017 as it increased.  But no one was ready for this price. No one could have imagined that Bitcoin would be so expensive.  Those who joined the forum in 2015 never imagined that Bitcoin would cost around $20,000.  Who can say again that maybe Bitcoin will exceed $20,000.

[Ucy]

Interesting. There are interesting patterns.
 I wonder what happened between October  (I assume all the prices for each year are for month of October alone?) 2014/2015.

The percentage increases between two years is even higher at 2012/2013  than 2016/2017.

[Distinctin]

Interesting. There are interesting patterns.
 I wonder what happened between October  (I assume all the prices for each year are for month of October alone?) 2014/2015.

The percentage increases between two years is even higher at 2012/2013  than 2016/2017.

Even though we might end-up for $11k this year, we still get far from last year's closed price. It has been noticed that prices keep growing despite every year's market challenge. We have the market dumps last 2018 until 2019 but the market still never makes a time to go back to $1, a thing we will consider that Bitcoin adoption keeps moving, keep increasing, and moving into higher demand compared before.

[GeorgeJohn]

The statistics of bitcoin price it's very interesting that is total evidence to show that bitcoin will get up to $20,000 soon, approximately next two years and it will remain stagnant or constant as the value remain constant to $10,000 since 2019 till date. So therefore it's encouraging to purchase bitcoin now because looking at bitcoin price statistics 2010 and 2012 you will comprehend that btc doesn't depreciate it always goes up and remain constant for year's.

[pooya87]

Do you guys think after 10 years the price will rise further than what it is right now? cause we still haven't crossed that $20,000 mark yet after 3 years.

it is 11 years and there is no reason to reach the peak of the bubble this soon. not to mention that those peaks are going to always act as psychological resistances which makes reaching it tougher for no reason.

I wonder what will be the reason for the price to rise after 10 years.

the same reason why it has been growing consistently for the entire 11 years: more adoption and the fact that bitcoin is providing a well needed utility as a global decentralized payment system.

the popular hacking incident in 2020 is the Kucoin hacking incident and I'm pretty sure there will be another hacking incident after that, could it be the reason why we still here at the 10,000 marks?

what does shitty centralized services being hacked have anything to do with bitcoin price rise in long term?!

[jademaxsuy]

Yeah it looks surprising to see that bitcoin always going strong not to mention those times or months that bitcoin going ATH like in the year 2017. I was thinking thay it could do better on 2018 and 2019 but I was upset though now bitcoin has able to recover. And as mention earlier that I was surprise even bitcoin is so volatile seeing how prices went up over the period of time.

Well, i am wishing to get another year of bitcoin market price increase in the month of october next year 2021.Well going to find and see.

[carlisle1]

Yeah it looks surprising to see that bitcoin always going strong not to mention those times or months that bitcoin going ATH like in the year 2017. I was thinking thay it could do better on 2018 and 2019 but I was upset though now bitcoin has able to recover. And as mention earlier that I was surprise even bitcoin is so volatile seeing how prices went up over the period of time.

It is not always going strong because we have just enter $11,000 again this very moment,things that being denied for 2 weeks now.
so this maybe something that must go strong now from the weak time.

Well, i am wishing to get another year of bitcoin market price increase in the month of october next year 2021.Well going to find and see.

at least we stay at $12,000 this year alone is a enjoyable moment already because for sure in the next year 2021 will be fruitful for all of us.

[Betwrong]

It's not so much a deal but I think this should be here. Bitcoin price calendar stamp in month of October.

2010: $0.06
2011: $5
2012: $12
2013: $127
2014: $383
2015: $238
2016: $614
2017: $4388
2018: $6579
2019: $8317
2020: $10,832

It's noticeable how in 2017 skyrocketed the price of bitcoin, that's when I entered the cryptospace and discovered this forum, I was able to ride the hype the pre pump in September 2017, that was a blast.

Seeing the prices of bitcoin through years makes me think of Moore's law,  you can check it out in google though it was not really doubling the price every year. Is a new law possible for the price of bitcoin like Moore's law?

I'm thinking of maybe something like a "Reverse Moore's Law" for the price of BTC: "If the number of transactions per block doubles, the price eventually doubles as well."

Because of its limited supply, Bitcoin, unlike microchips, can only go up in price with better performance.

[DarkDays]

Seeing the prices of bitcoin through years makes me think of Moore's law,  you can check it out in google though it was not really doubling the price every year. Is a new law possible for the price of bitcoin like Moore's law?

While the numbers look encouraging with a clear growth, I do not think one can apply any sort of mathematical law to it. Simply because there is too much volatility and you can never predict what will happen to the market.
Perhaps picking on a different month than Oct you wouldn't see the same clear pattern; so I think this is all random without a real 'law' to it. It is well possible that the BTRC price might reach 100k as many predict but I think we are still far of from that as something 'big' need to happen such as improvements on the transaction speeds and fees etc

[imstillthebest]

i like how the price elevated per year except on 2015 because this is the only year that the price nose dive but not bad because its only one and theres 10 freakin years of continous pump in btc price . reading further i saw that you also entered on the year 2017 , we are the same and we are lucky because we entered perfectly as 2017 is the year where btc and cryptos started to grow massively  . in october 2017 , price jump from 614 to 4388 but later than that year ,  the price jump up to 18k usd and more  . 

[Artemis3]

It's not so much a deal but I think this should be here. Bitcoin price calendar stamp in month of October.

2010: $0.06
2011: $5
2012: $12
2013: $127
2014: $383
2015: $238
2016: $614
2017: $4388
2018: $6579
2019: $8317
2020: $10,832

It's noticeable how in 2017 skyrocketed the price of bitcoin, that's when I entered the cryptospace and discovered this forum, I was able to ride the hype the pre pump in September 2017, that was a blast.

Seeing the prices of bitcoin through years makes me think of Moore's law,  you can check it out in google though it was not really doubling the price every year. Is a new law possible for the price of bitcoin like Moore's law?

Its an old law, i don't know what its called, but it does exist. Its not "twice" every year, it is vertical in the beginning and horizontal at the end. Its a logarithmic curve.

If the USD magically held the exact same purchasing power over time (it doesn't) then the price of bitcoin against the USD should increase less and less over time. It will approach a flat, without actually ever flattening. Of course it cannot go down either., unlike gold, no new bitcoins will ever be discovered after 2140.

Fiat money is made lose value on purpose, because of the dogmas of those economists not following the Austrian school.

Bitcoin is not losing value by having a "controlled" inflation that fits those mistaken models. Other assets like gold exhibit a similar curve in its historical prices. The early investors made the most by buying in the first few years, and that is how it is. By 2017 most was already gained, sure, people will gain less and less overtime as it enters maturity.

Said in another way, you would have always gained more the year before. And by that i mean buying and selling. If you don't sell, even better. Your wealth will not decrease and that is what matters.

Fiat cannot do the same, because a politician can ruin it overnight. As long as the State has control over the money, your wealth will never be safe. Been there, done that. Zimbabwe and Venezuela are not the last, even the almighty USD can fall into the hyperinflation spiral, just let your politicians do what they have been doing, especially recently...

When the USD falls and brings the EUR along with it, you will remember when you read these lines "Why did i not move my wealth in to bitcoin". Mark these words. I told Argentinians this a few years ago, now they are crying. This pattern can never end until all fiat is gone and the State, the banks and politicians are unable to mess with the money anymore.

State and money will go their separate ways, like State and religion did (supposedly).

[Shasha80]

We are obliged to study the history of Bitcoin movement, so we can compare Bitcoin prices every year. I also agree that every October
the price of Bitcoin is good, usually it will continue to rise until the end of the year. If you learn from the history of Bitcoin movement,
it means that now is an important moment to hold Bitcoin that we have. And hope Bitcoin can go up in price at the end of the year for
taking profit.

[verita1]

Apart from all the valuable comments that you provide. I think that when looking at the history of the price of Bitcoin they reflect the trust that we have placed in Bitcoin. We have clung to the freedom to manage our own money without depending on financial institutions and in this unusual year Bitcoin continues to be our best ally.

[Betwrong]

Apart from all the valuable comments that you provide. I think that when looking at the history of the price of Bitcoin they reflect the trust that we have placed in Bitcoin. We have clung to the freedom to manage our own money without depending on financial institutions and in this unusual year Bitcoin continues to be our best ally.

I believe, Bitcoin performance doesn't depend on our trust in it. It's the potential utility of BTC in many fields is what makes it highly attractive for investors, most of whom don't dream of being independent from financial institutions. They just want to invest their money in the right asset. And I think it's a good thing, tbh.

[Miaallen]

This your post are verifiable facts but not really accurate. The list shows that there is no month that bitcoin did not rise in price but we all remember at a certain period of
 time the price, the price fell drastically and left many people lose the investments.

[Serious475]

It's not so much a deal but I think this should be here. Bitcoin price calendar stamp in month of October.

2010: $0.06
2011: $5
2012: $12
2013: $127
2014: $383
2015: $238
2016: $614
2017: $4388
2018: $6579
2019: $8317
2020: $10,832

It's noticeable how in 2017 skyrocketed the price of bitcoin, that's when I entered the cryptospace and discovered this forum, I was able to ride the hype the pre pump in September 2017, that was a blast.

Seeing the prices of bitcoin through years makes me think of Moore's law,  you can check it out in google though it was not really doubling the price every year. Is a new law possible for the price of bitcoin like Moore's law?

We cannot really predict what will be the price for the next 10 years. As you can see, the only pattern we may see here is the increasing of its price but there are no patterns of having the same ratio because the price increase may also get lower and may get higher every year. Even if we don't know what will be the price for the next 10 years, it is better if we manage to invest on bitcoin now because the price will surely go higher. I really regret that I set aside bitcoin. I know about bitcoin wayback 2013 but i doubted it and i think it will just end up having a problem but know i proves me wrong.