How did Bitcoin's price develop from 2009 to 2017?

[Rajibida22 59]

All I can say is that bitcoin has gone through a lot if development from 2009. There has been a lot if price pumps and dumps. So it's all about how you are able to make profits through those moments. 2020 has been great for bitcoin but we don't know where it may get to before the year ends.

[Authority 630]

In fact the establishment is permanently the nearly everyone tough scaffold everywhere all that is strived will not be in vain with the fallout obtained to put together a strong-tasting foundation therefore that we reach it alongside with the enlargement of bitcoin being paid healthier gratitude to all member's labors.

[ajabe2 1485]

Bitcoin is the most expensive and famous cryptocurrency that it was going to rise from few dollars in 2009 to 20,000 US dollars in 2020. It is growing faster than its expected nowadays and everyone is trying to get some bitcoin.

 

 

[Quickbee 26]

It was interesting to read about the history and growth of Bitcoin to its present situation. From a mere nothing its value is not only rising but its popularity is also rising inspire of it being a digital currency.

[Dani5 118]

Welcome mate! It's a long excursion and I truly glad to turn into this stunning excursion even joining on crypto particularly knowing bitcoin around 2 years back and there was endless things that truly change on crypto to be all the more better and numerous things happening as well.

[FA1891MA006 367]

Dear mate no one was interested in bitcoin when his price was 0.001 in 2009, but after eight years and exactly in 2017 its price increased to twenty thousand dollars, and everyone became a searcher for it.

[Zafar123 906]

New research says at least half of the 2017 rise in bitcoin prices was due to coordinated price manipulation using another cryptocurrency called tether. The 66-page paper says tether was used to buy bitcoin at key moments when it was declining, which helped “stabilize and manipulate” the cryptocurrency's price.

[Jami273 2020]

On 12/24/2019 at 2:23 AM, Beromnia said:

Greetings, my friends

 

In 2009, the year Bitcoin was created, no one could have thought that it would gain this popularity. Its initial price was about $ 0.0001. Over the next five years there were no major events, so the price slowly increased with little fluctuation.

 

In 2013 Bitcoin attracted a lot of attention due to the Cyprus banking crisis. In November 2013, the Chinese started to buy bitcoin in bulk and the price increased by 1,000 percent. However, this did not last long.

 

In February 2014, there was a denial of service attack on the servers of the MTGox Stock Exchange. At the time, the stock exchange controlled about 60 percent of Bitcoin transactions. The attack hit Bitcoin hard, and the price dropped by 40 percent. Throughout the year, until January 2015, the price continued to decline.

 

During 2015 Bitcoin gained popularity slowly but strongly and during that year the price started to rise little by little.

 

Since May 2016 Bitcoin has gained the confidence of more and more people, and its price has continued to rise.

 

In June 2017, the market witnessed a dramatic decline and the price decreased by 14 percent. Today Bitcoin is regaining its position.

It was really a great journey for BTC.It started from just 0.003$ at 2009 and right now it's price is about to 20K $.Really now one could not know about it at the beginning.And i think bitcoin's price will keep increasing in future.

[adem1 294]

In the past, when the price was low, nobody cared much. Now, when its price rises, everyone started Bitcoin business. I think Bitcoin will be more valuable.

[BraveHeart01 1569]

The price went high with the passage of time maybe vbecause there were many people  who knew the worth of it and they allow the investors to take benefits from them. 

[Dani5 118]

At the point when individuals begin to think about digital money they are begin to purchase Bitcoin from the start and gradually Bitcoin market potential gone so high that this value hop into the moon

[Klaus sonal 0]

Well really the start is consistently the most troublesome stage where all that is strived won't be to no end with the outcomes got to assemble a solid establishment so we accomplish it alongside the advancement of bitcoin improving gratitude to every part's endeavors.

[DEREKHALE 1110]

Hi @BeromniaThe beginning of bitcoin is tiny however in certain years it grew up high money and now it is most significant cash in the entire world. The spot coin is the best cash for exchange reason. And Bitcoin price developed by the market and the people who where buying only bitcoin market spreads good news of bitcoin that's why the bitcoin rate is highest now that was the main reason.

[Jenet Gonsalves 162]

This gave me a whole lot information about the journey of Bitcoin and how it has reached in this time. It has passed through journey where people did not believe it this method and today it is receiving the attention it deserves. 

[koynayak 1923]

It's sad to looking back, because i heard bitcoin in 2010 but i was kinda small and i never think about investing. I wish i've made an investment but there's nothing we can do right now, but i think oppourtunities are limitless of course we will catch another oppourtunity, maybe not like bitcoin but i beileve crypto is full of surprise. I also beileve bitcoin is became more famous because of illegal bussineses. 

[Wanderdark 2178]

Bitcoin's price development is legendary. After each halving it added a zero to the end of it's price. multiplying itself by x10 . That's really an amazing feat. I wish I discovered bitcoin in an earlier time but it seems I missed those entry opportunities. However, it is never late to invest in an ever-developing platform and I still think crypto is at it's early development stages. Look at the total invested money in gold, silver etc in the world and look at bitcoin's total market cap and you will understand what I mean. Have a nice evening, friends.  

[Sofia Bravo 704]

It is true that bitcoin has grown a lot in the market and that at some time its price has dropped a lot but in this 2020 it reached a historical value that was almost 20 thousand dollars and today it is between 19 and 20 thousand dollars and some experts say that next year could pass that value

[buttler88990 619]

That's why we think it's good to post something that means discussing a lot of things, just like in this post we don't know the answers to the questions yet, so what we want to say here is we need to know a lot here and we have a lot to say about it.  If we need to discuss then we can know a lot about Bitcoin because if we know something good here then every one of us will think it is right to discuss about it then we can know something good.

[Muhammad zaid 272]

One thing i add in this article i search from outside source that bitcoin is start October 2008 maybe its wrong here i listen its beginning 2008 let see helpful post for incresing or decreasing value of bitcoin compare with US dollar

[Emiway 842]

Bitcoin is made on 2009 and they passed as of now their 10 years.Bitcoin cost is presently extremely high in coinmarket.Bitcoin cost is ascend for exchanging purchase sell

[Iman33 0]

I agree with you, my friend, that the price of bitcoin was at first going slowly, but with the passage of time it gained great popularity and during these years it witnessed many fluctuations, but I expect the price of bitcoin to rise, it is the currency of the future

[Naha62 752]

It is more populaer now these days becasue it is benificial for us .When it was developed, its price was not high. Similarly, with the passage of time, its price has also increased. Now it has become very popular. It is in great demand.People are getting interested in it very fast.

[Zains031 426]

Thanks for sharing this useful information about the bitcoin with us... When bitcoin develop so no take interest in the bitcoin because that's time it's value is 0.0001 dollar... So every year's slowly slowly it's value rise so in 2017 it's value reached 20k dollar.. so that's time many investors prefer to this coin and take interest in this... So hope so it's future is bright and in future it's value more rise...

Thanks again my dear friend...

[Zamani1 17]

Thank you for sharing this useful information to widen my knowledge more about Bitcoin. Actually i have no much knowledge on Bitcoin not until i joined this forum coming across helpful posts like this to learn from.

[rkb05 115]

Hello there , I am new member in this site. Infact I don't know about bitcoin. There are many comments about bitcoin development. I really wonder to get huge information. It will help me lot. Thanks for sharing