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

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Today at present the price of bitcoin after a wonderful rise again is falling but it is still in the lead and as it has happened before and the big investors are all silent that is a sign that after this fall we will soon see its rise again you just have to be patient and we will return with everything soon.

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Btc was not popular when it was created but since this development was new and crypto currency was not in a good stage at the time, so people did not buy bitcoin, resulting in bitcoin prices of a few cents. Bitcoin struggled to survive and wanted to show their indentity, but when people became more aware of bitcoin, bitcoin prices gradually increased, and I believe 2017 would be a golden year for cryptocurrency.

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Yes dear it is your good posts  for these important informations...actually..nowadys evry body looking for money and win..and searching about the facility of win..so that..i thing the most popular and useful way to do that is by creating an account oncrypto talk..i hope that i can always write meaningful comments to help the jazak Allah ♥️

 

 

 

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The argument is that Bitcoin is becoming more common and growing quickly because many people use it as an alternative source of income and payment. They take advantage of every opportunity to increase their profits, including the use of bitcoin. Developers, exchanges, buyers, sellers, and governments all contribute to the development of bitcoin, which is based on their abilities and functions. That is something I admire, and I believe bitcoin will have a bright future in the long run.

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In starting of 2009 when btc is arrounced so i also want this currency but i have of no idea of crypto so i reject it but in starting of 2013 when btc coins is increase so i also wnat purchase but this is a big risk.... 

Day by day this coins price increase becuase many people trust in this crypto coins.

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Bitcoin is becoming more popular and growing rapidly because so many people are using it as alternative income and payment, that's the point.  In Bitcoin when its price was 0.001 in 2009, but after 8 years, specifically in 2017, its price rose to 20 thousand dollars, and everyone is looking for it only spreading good news about Bitcoin, which is why the price of Bitcoin is higher now and this is the main reason.

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So far, it continues to fluctuate and falter, and then its value increases, although it has been exposed to many factors that affected it in the past three years, such as the Corona pandemic, and yet Bitcoin is still expensive, Bitcoin seems to have a bright future.

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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.

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Hello my friend In fact, no one was interested in the bitcoin currency in 2009, it did not have that high value. Its price rose in 2017 to 20 thousand dollars, so people sought to acquire and buy it, and its price today is about 52 thousand dollars. I hope that I am useful to you.

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The argument is that Bitcoin is becoming more common and growing quickly because many people use it as an alternative source of income and payment. They take advantage of every opportunity to increase their profits, including the use of bitcoin. Developers, exchanges, buyers, sellers, and governments all contribute to the development of bitcoin, which is based on their abilities and functions. That is something I admire, and I believe bitcoin will have a bright future in the long run.

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Thank you for this wonderful post, targeted advice, and a precise comment for members. Specifically, we are the novices. I hope that the post will reach all members and benefit from it by affirming that people certainly do not invest their money before they feel reassured.
Good luck

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The great importance bitcoin will gain in such a short time they thought that it is a just new technology that will fade away soon but bit coin strong against all the badexpectation and continue to spread and raise value۔۔۔۔

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.Bitcoin at its beginning was not valuable.  The exponential development of bitcoin over the last few years demonstrates its potential and influence in the digital world. Nobody cared much in the past when the price was low. Now, as the price of Bitcoin increases, everybody is getting into the Bitcoin sector.

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This currency has a very great history and I think that this currency project is one of the most powerful projects they have undertaken so far. It was just an idea that no person with a thinking mind could believe, but its founders have now become an example to emulate Bitcoin has now become the dream of millions to invest in it and obtain it, and has a promising future on the world level in progress 

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I will say that bitcoin has developed very fastly because other currencies are not as fast as bit coin and other crypto currency i will say that most of the public will prefer bit coin and also during covid-19 the paper currency is very useful because it allows the user to earn without leaving his house 

Hope it helps

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You never know when something could start having some luck and so.bitcoin was considered to play on games as a token. But then it started to get used to pay things, bit nobody could believe it would have this astronomical success. If only i could build a time capsule and go back to 2009 !! 😊

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Hallo my dear friends have a good day.

You are absolutely right my dear friend you have shared a great information it will very beneficial for every member and I want to say that everyone has seen increasing of Bitcoin and now it's price is 56406.74 in us doller and according to my opinion it'svalue will more increase in future.

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I don’t know when and who will be lucky. Bitcoin should symbolize the game. However, he was used to paying a lot, and almost no one believed that he would achieve astronomical success. If only I could do a time capsule and go back to 2009 !! 😊

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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.

 

 

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Thank you my friend for this wonderful topic. We must be aware of everything related to cryptocurrencies, the more we know about this topic, the more we can innovate and succeed in it.

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Price of Bitcoin is so much increases in that years.

This was a very interesting story but i always regret one thing that i will start late in bitcoin currency if i do investment in bitcoin before 5 or 7 years my investment will double or maybe triple and i will also buy many things with my profit at the same time maybe i will make more bitcoin with one bitcoin by buying and selling .

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When bitcoin was created by satoshi nakamota it's price was only 0.01 $ or maybe less but after sometime when people get awareness about this digital currency many people do investment in this currency and when everyone do investment the price of bitcoin rapidly increases and after some time it will decreases again and mostly people withdraw their investment but some people don't do the same thing and hold their bitcoin after passing more than 5 years bitcoin is go to the 40 thousand usd and it will also go to the 65 thousand dollars but now it was again decreases and go to the 35 thousand usd but i hope it will go more up soon.

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Bitcoin is now famous more than ever. There are great companies support it and the crypto market,  The increase in price of BTC from 2009 to 2021 is due to halving event, if there is an increase in demand, bitcoin will see the price rise if supply reduce over time. We can see an increase in people's awareness and an increase in the demand for Bitcoin now and that is very good.

Edited by hatambaba

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Bitcoin's price has seen a lot of ups and downs over the years. In 2009, it was worth around $0.0001 per coin. By 2017, it had reached almost $20,000 per coin. However, it has since dropped back down to around $3,500 per coin.

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The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • С радостью сообщаем, что мы добавлены на мониторинг OKchanger Контакты: Наш сайт - https://bitkovskiy.io/ Почта - bitkovskiy.change@gmail.com Telegram - https://t.me/Bitkovskiy_exchange
    • там автоматом, вроде, должно. при соблюдении нужных пунктов. что-то типа этого:     а еще у них есть пулы:     а ля американские горки вверх-вниз?
    • В России планируют запретить оборот криптовалют — депутаты назвали точную дату   Исключение авторы проекта предлагают сделать для майнеров, участников майнинг-пулов и «проектов Банка России в рамках экспериментального правового режима». Участниками обращения криптовалют считаются российские или иностранные юрлица и их представительства, а также физические лица, находящиеся на территории страны не менее 183 суток в течение 12 следующих подряд месяцев (то есть полноценные российские налоговые резиденты). Законопроект предлагает запретить на территории страны любую рекламу самих криптовалют и рекламу организации обращения виртуальных монет. Сейчас в действующем законодательстве есть запрет на расчеты между физическими и/или юридическими лицами в криптовалютах, но нет запрета на «организацию обращения» в любом виде. Это обновленная редакция законопроекта № 237585-8, который появился в ноябре 2022 года и должен был отрегулировать майнинг. Тогда документ не прошел даже перовое чтение. В феврале 2024 года авторы законопроекта снова попытались дать ему ход, но 19 апреля комитет по финансовому рынку постановил отправить текст на доработку. В пятницу, 26 апреля, вечером новая версия появилась на столе у председателя Госдумы Вячеслава Володина. Авторами и прошлой, и новой версии законопроекта значится группа из 16 депутатов, в том числе достаточно статусных: председатель комитета по финансовому рынку Анатолий Аксаков, зампредседателя комитета Аркадий Свистунов, зампредседателя комитета по информационной политике Антон Горелкин, первый зампредседателя комитета по безопасности Андрей Луговой, бывший министр сельского хозяйства Алексей Гордеев и так далее. В начале апреля главный фронтмен законопроекта, Анатолий Аксаков, жаловался, что принять закон мешает «одно-единственное ведомство». И обещал, что проект точно станет законом в августе.
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