Quote from: Ranly123 on February 12, 2018, 01:46:33 AM

Quote from: habibruis on January 29, 2018, 03:37:11 AM

I would like to inform you about the History of bitcoin price. I think this post can be a pleasure for the newbie bitcoin investor who has invested recently in bitcoin like me. I am going to give you a chart of bitcoin price from 2010.

Time price per BTC Importent information

July 2010 $0.08 The price grew 900% only In five days, rising from $0.008 to $0.08 for 1 bitcoin.
Feb April 2011 $1.00 In that time Bitcoin took parity with US dollar.
8th July 2011 $31.00 At this time top of first "bubble", followed by the first price drop.
Dec 2011 $2.00 At this time goes minimum after few months (huge dump)
Jan 2012 $3.41
March 2012 $4.95 over 46,000 BTC stolen by Linode Hacked
July 2012 $13.31 Bitcoin Savings and trust halts payments.
Jan 2013 $13.31
Feb 2013 $20.22 Starts some pump.
July 2013 $100.15 great pump.
Jan 2014 $772 700% up within 6 months.
July 2014 $582 Some down again.
Jan 2015 $272 Huge down.
July 2015 $289.68
Jan 2016 $432.17 some up again.
July 2016 $688.50
Jan 2017 $1020.47 Starting golden age of bitcoin.
July 2017 $2592.41 proved a golden age.
18th Dec 2017 $19,498.63
Jan 2018 $10,685 Again huge down.

From this chart, we can guess the future of Bitcoin price. We should not worried about the present bitcoin price. I think 2018 or 2020 will become a diamond age of bitcoin. What is thinking? you can also post your opinion on this thread.

This information only proved that bitcoin price is inconsistent and very volatile. So in other word, panic selling has no place for bitcoin and would lead to failure. That is why, expert advised to hold and stop the the fake news and FUD which cause panic to bitcoin holders.

Yes, it proves Bitcoin volatility. However, I will save this information to reread it later and probably to come to certain conclusions. I hope much that this statistics will be renewed very soon - BTC should go up.