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

[habeb 139]

The decrease in the price will be followed by another rise, and this is for sure, because with each decrease, the popularity of Bitcoin increases more and the demand for purchase increases more and I think that the price will continue to rise until it reaches 100 thousand

[Manir 1181]

no one is actually interested in bitcoin in the past years due to its low price and value but now  bitcoin is one of the greatest coin in the market and it has high demands too.

[Mohamadmal1999 671]

Hey, buddy. how's it going? I hope you're okay and healthy. Thank you my friend for this wonderful information. I believe the price of bitcoin will rise further next year. Because it became a lot of companies and people who use bitcoin. Which will make it very popular for easy interpersonal exchange. Thank you my friend for publication is wonderful. With my best wishes to everyone.

[Lana9992 234]

Bitcoin owns a team and a cadre of professional programmers and developers and the importance it presented and the features made it the focus of attention of many, which prompted them to acquire bitcoin, which led to a decrease in the amount of bitcoin and thus its price

[Nnnbht 502]

At the beginning of the emergence of Bitcoin, it did not get enough acceptance from the people, and with time that was done and when it spread greatly, its price increased, so Bitcoin, like other commodities, increases in price when it gets popular.

[saralike 18]

Hello dear friends, digital currency is a financial balance recorded electronically on a card with stored value, and there is another form of electronic money is network money, which is a program written in a programmed language and using global encryption techniques that make the process of penetrating it almost impossible

[Kristaal 817]

Greetings my friend , thanks for explaining the history of BTC ,

It's important to know about somebody past before you deal with , and that's also can be applied on BTC , so BTC as like any other great thing in this world , the start was small and humble , And then gradually it started to escalate and spread on a wider scale, and after it had a larger popular base and more traders, these steps began to accelerate, and therefore if we look today at what Bitcoin has achieved in 12 years, we find that it is the future of the global financial system and its value will continue to increase.

[maryrose979 441]

I think that no one cared about the Bitcoin currency when its price was low, but with the increase in the price of this currency, everyone is working to obtain it and this led to a rapid increase in its price

[Hadelo 338]

Thank you, my friend, for this new and useful participation for everyone, and this information helps many people, especially cryptocurrency traders, to know how the price of Bitcoin has developed between these years

[Hasan386 1066]

Thank you for this valuable participation, my dear friend. It is really important to know the history of the currency that we would like to collect or invest so that we can analyze its movement between ups and downs and know the appropriate time to sell or buy

[yahyazaki 322]

I think bitcoin price developed immensely over the last decade mainly due to demand and supply because these are the two factors that determines what happens to the value of cryptocurrencies.

[Saaad 2]

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.

[april1221 303]

On 12/24/2019 at 3:23 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.

The price of bitcoin from year to year continues to increase, although sometimes in that year there have been several decreases, but as a whole it continues to increase. In 2021, the price of bitcoin can reach $ 64,000. For the cause of the increase in bitcoin prices, no one can predict and no one can control the round of transactions themselves, therefore many investors are trying to own bitcoin, including currently Elon Musk, CEO of Tesla, who has bought bitcoins in large quantities.

[khaler 1549]

Do not forget that the currency does not stop and continues to rise and fall in a volatile manner, and that its rise is more than its decline and when it falls, we can consider it a good period to enter the market.

[mhamdhamdan37 450]

Today, Bitcoin is the leader among the rest of the currencies and has scored a new peak, reaching 63,000 US dollars. It is with the widespread spread of Cryptocurrencies and the beginning of some global companies to deal with them, such as Tesla, this leads to success and stay on top.

[Hamza Ahmad 510]

Bitcoin when it is not valuable because at that time, this new technology and cryptocurrencies were not at a good stage, so people do not buy bitcoin, so bitcoin prices are few, Bitcoin struggles to survive and wants to show indentation, but when people realize something about Bitcoin slowly, they attract these bitcoin and bitcoin prices are also increasing and I think 2021 bitcoin.

[Harry jhon 246]

Bitcoin is the first blockchain-based cryptocurrency in the world. It is considered the most widespread and successful.Launched in 2009, the price of one bitcoin remained a few dollars for its first few years.The price reached a peak of nearly $20,000 per bitcoin in late-2017. 

[emad mhmad 412]

The first time bitcoin closed above بيتكوين 2,500 was on June 2, 2017 at دولار 2,517.4. Cryptocurrencies are known for their extremely high volatility with differing opinions about them and not fully aware of their secrets or future, so they have multiplied more than 19 million times since 2009 when they were 0 0.001, while their current price is دولارا 19,425.

[Lana9992 234]

I think that this information is very useful, and I also think that the main reason for the development of the Bitcoin price is due to the people's desire to buy bitcoin in abundance because this currency has become trusted by people for its protection systems.

[Tahir shah 786 0]

It's the magic of blockchain technology; it's been about eight years since it began, and the price has risen by about $100 million a year and is still rising; there are many facts about this; the first and most interesting, in my view, is that the total supply of bitcoin, which is exactly 21 million, is extremely limited, which is why it's so in demand.

[RichardM234234 101]

thank you very much for the nice information that you shared in your topic

the whole thing about Bitcoin is interesting

I think Bitcoin is the right choice for investments but it needs much effort due to the high price of Bitcoin

[Deviler546 386]

Hello my friend

Money laundering and crime were happening before and did not consider the paper currency illegal, the reason is that the central bank issued the papers and the charge was not affixed to its maker

Encryption in the context of the war against it, the argument is always repeated. Crime and Darkweb.

[Kenda6666 850]

When Bitcoin was created, no one expected it to rise to this point, which it reached in 2021, and this is due to the desire of people to buy bitcoin and invest in it, and it is now the number one currency.

[Alyazen89 179]

 In fact, everything at the beginning has some difficulties. In the year 2019, Bitcoin appeared and did not have a strong popularity, and with the passage of time it began to gain more popularity and so on until it reached 63,000 dollars.

[james653 981]

Thank you for this great and very useful content.  Bitcoin is the greatest investment in human history so it is difficult to vanish.  Experts expect that its price will reach one million dollars within a few years, so I advise you to increase your investment in Bitcoin because it is one of the most reliable cryptocurrencies.  We are moving steadily towards the world of cryptocurrencies and the demise of fiat currencies.