Post
Topic
Board Economics
Re: 2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.
by
Don Pedro Dinero
on 02/01/2018, 16:15:10 UTC
2017 was 4th best year for Bitcoin after 2010, 2013 and 2011.   You see all beside year 2014 were positive.

2010 $0.003  +10000%
2011 $0.3        +1566%
2012 $5            +160%
2013 $13         +5823%
2014 $770           -59%
2015 $316          +36%
2016 $430        +128%
2017 $980      +1286%
2018 $13585

The year we had was quite amazing but I fear it could be an outlier, although I like many would probably be happy if we can even have a year similar to that of 2012 or 2016 with around a 100% growth in bitcoin price.

We hope to still have many great years in the future, but I don’t think many years with over 1000% returns are possible. Even if we reached McAfee’s latest prediction, that could be achieved in a couple of years with those returns. So, I think it is more likely we’ll get two or three-digit percentage increases at most.