Bitcoin price now (December 2018) is: $3,742
Jan 2011: 0.30$
Jan 2012: 4.99$
Jan 2013: 14.00$
Jan 2014: 747.00$
Jan 2015: 317.00$
Jan 2016: 432.00$
Jan 2017: 998.00$
Jan 2018: 14,166$
Jan 2019:
The stat says we are having steady progress.
Jan 2011: 0.30$
Jan 2012: 4.99$
Jan 2013: 14.00$
Jan 2014: 747.00$
Jan 2015: 317.00$
Jan 2016: 432.00$
Jan 2017: 998.00$
Jan 2018: 14,166$
Jan 2019:
The stat says we are having steady progress.
Stats show a Bear Market from 2014 thru 2017.
So if history does repeat itself.
Jan 2018: 14,166$
Jan 2019: 3,499
Jan 2020: 4,159
Next Bull Run Jan 2021.
If BTC is still around.
* Problem is this ,
Miners are firing staff and closing up left and right as for costs to maintain the network exceed the market price of BTC.
In the past history, the miners still had a little profit wiggle room.
Now they are all losing money and have been for ~year.
Too many miners drop off and BTC either becomes ripe for a 51% attack
or
network stalls for months until the few miners that remain wait for the difficulty to drop.
Either way the price of BTC will crash.
Don't really see BTC surviving until 2021, not as it is currently coded anyway.
If BTC does not evolve , BTC will die. PoW is a Failed experiment of a winner take all design, which makes everyone a loser.
