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

[JawadAhmad 301]

My dear friend nice post. I appreciate your method of explaining and your hard work. You do your best and after researching you make this useful post. This post is very helpful for me to know about bitcoin. Thank you so much and keep posting such type of informative posts.

[Arim1111 1095]

The main feature of Bitcoin, which aroused the interest of users, is its independence from banks, companies and governments of the world, as no single authority can interfere in Bitcoin transactions, impose transaction fees, or steal people's money.

[Hafis914 637]

Hai hello mate. Awesome post apart from you. Excellent work. First of all very thanks to you for sharing this relevant and informative information to us and into the hands of millions of this forum and keep it up this such type informative information to us. 

[backbone 4]

I don't have much experience about bitcoin price develop but am going to take my time and read the posts carefully in order to get more experience and answers to the question 

[Evutson 4]

Actually the starting is always the most difficult step in which everything that is strived will not be in vain with the results obtained to create a strong foundation so that we strive  along with the development of bitcoin getting better thanks to each member s of the family 

 

[Kialiyu 535]

From my own perspective, I think that I don't know how the bitcoin rise from the initial point to where it is today because I started late in the cryptocurrency world, but from persive of things, I think the secure features of the bitcoins over some of the real currencies is the main reason for that achievement.

[Marof 669]

Bitcoin has a history of falling and rising in price.
There are sudden and big shifts that have occurred to this day. If you look at the price that you have achieved, you will find that it is the only currency that has reached this point in the price against real currencies.
It's worth thousands of dollars for every single coin.

[Ching2218 399]

Bitcoin become more popular and grow up fast because many people use it as alternative income and payment, that's the point. They use everything possibility to raise the higher profit use bitcoin. Developer, exchanges, buyer, seller and government take part to develop bitcoin depend their ability and function. I respect that and I hope bitcoin will have great future in long tern period. 

[Jonny Sin 58]

Bitcoin is gaining popularity and growing rapidly as many people use it as an alternative to income and payments, that's the problem. They take every opportunity to increase their profits with Bitcoin. Developers, exchanges, buyers, sellers, and governments are involved in the development of Bitcoin based on its capabilities and functions. I respect that and hope Bitcoin has a great long term future.

[Philip1 220]

My dear friend I want to tell you that the price of the Bitcoin is increased with the passage of time and wanting more I want to tell you that at this time the price of the cryptocurrency is cross $60,000 and one thing more I want to tell you that this is more then any other currency

[Tiger123 19]

No one was interested in bitcoin when his price was 0.001 in 2009, but after 8 years and exactly in 2017 his price increased to 20k dollars, and everyone became a searcher for him, thanks for this informations

[Duaa aldiab 302]

I think it has evolved for the better and for a better dream . It became possible for everyone to benefit from this issue . We have noticed the development of this matter very significantly towards the best and the best for us and for everyone, and we also hope that it will develop more in the coming days as well

[Rizwan Niaz 164]

I think, when the number of investors in Bitcoin decreases and the supply of Bitcoin is limited, the price of Bitcoin and all cryptocurrencies decreases. Then buy Bitcoin, because anybody can spam the currency and people will gain a wall.

[Francy Mory 543]

Thank you for giving us historical information about the evolution of the Bitcoin currency, the development it has obtained is impressive and for those who trusted that currency, they knew how to make their investment well. Let's hope for now that it stays or continues to rise.

[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.

[Claria 401]

I didn't have idea on what happen during that time about Bitcoin, but now that am able to read on line and know how it goes about the Bitcoin and now are having more difference from that time and now and the income to purchase the coin is very huge.

[Sonii 386]

On 12/24/2019 at 1:23 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.

Informative post my friend.. It will help many members to clear there ideas and thoughts about bitcoins and there history.. As the start of every thing is difficult so the same case is here... In starting the bit coins price was too much low and no one wants to purchase it or invest into it.. But gradually the bit coin developed its confidence all over the world and thus its price start rising.. As we know that if the demand of anything increases then its supply decrease and vice versa so when the demand of bit coin in the market increase then the supply I mean it's top level management think about that if we continously give the bit coins to other then its demand will decrease so they make stoped a while then automatically its prices goes up high.now we can see that it's prices are too much high that anyone can not afford to purchase it.. 

[FlyingHollandMan 146]

Well I am here for the comments and after going through the comment. O can clearly say that BTC has really come a long way. The future is very bright for BTC. 

[isbella 267]

thanks dear for your description and dear you are absolutely right a dramatic change occur in bitcoin price from 2009 to 2021 if we see the price of bitcoin in 2009 then it was only 1 dollar i think and now if we see the price of bitcoin in 2021 then it becomes reach to 60 thousand dollars which indicates the popularity of bitcoin in present days

[Hamada95 3]

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 doubled more than 19 million times since 2009 when they were 0 0.001, while their current price is 1 19,425
Bitcoin's journey began to rise by about 30 thousand percent in 2010 after rising to 0 0.3 by the end of the year, then 1500 percent in 2011 to reach almost five dollars by the end, then 187 percent in 2012, ending the year at about $ 14, then jumped by about six thousand percent in 2013 to reach 806$

[Saaad 2]

well, Bitcoin worth residential by the promote and the intimates who somewhere trade lone bitcoin marketplace spreads well-behaved news of bitcoin that's why the bitcoin charge is maximum at this instant that was the key think logically

[Marywooker 107]

In fact, yes, in those years we had not heard about it until we see today that it is advancing strongly, and this upward trend that he took promises a great future for him at the level of all countries of the world, and whatever the market witnessed a decline, I do not expect its price to return to its beginnings or to disappear. I see that it is in everyone’s interest. Countries are heading to digital currencies in the near and distant future

[Sayco777 12]

From 2009 to 17 Bitcoin become more popular that's why demand also being high. As the demand Bitcoin is started to going top from bottom in these years

[Majd27 102]

In general, cryptocurrencies are not stable and are subject to large fluctuations in their prices, and we must be careful when trading in them and monitor the exchange rate well, but in the near future Bitcoin will become a major currency in circulation and may have a fixed exchange rate

[Qassem 361]

The increase in the price of bitcoin is due to the increased demand for this currency, as well as the lack of production and the expansion of the circle of people who joined the world of cryptography, which leads to an increase in the demand for cryptocurrencies in general. Thank you.