Here’s a timeline of History of Bitcoin Value:
Year 2009 – It was the time, when the price of 1000 Bitcoins was just $0.003
Year 2010 – Later in the next year, the price of Bitcoins surged much rapidly and 1 Bitcoin (BTC) was valued at $0.5
Year 2011 – The next year saw the value of Bitcoin rising to the high of $10
Year 2012 – However, the year 2012 wasn’t a progressive at all, and average price of 1 Bitcoin remained at $10
Year 2013 – The nest year, 2013 saw the great highs and the entire world was seeing 1 Bitcoin at $600
Year 2014 – The 2014 was the year which saw a slump in the btc price and it dipped to $310
Year 2015 – With the slight pump in the price in 2015, the Bitcoin was standing at $360
Year 2016 – The progressive year, 2016 saw the average price of 1 Bitcoin to $1000
Year 2017 – The unexpected year in the entire journey of Bitcoin; where the price of Bitcoin skyrocketed from $1000 to All Time High of $19000.
Year 2018 – Just after reaching to the ATH (all Time High) of $19000, the Bitcoin could not sustain that rise, and it crashed to below $10000 mark. At the time of writing, the Bitcoin is placed at $8000.
Take a look at how the Bitcoin skyrocketed from $1000 to $19000, a rise of 1900%.
The History of Bitcoin journey and value has always not been a pleasant one, with several bans and several approvals playing an important role in its price fluctuations. Many a times, it was subjected to theft, which pushed down its value. However, the world is recognizing its potential and many countries are adopting it as a method of payments.
