Post
Topic
Board Economics
Re: Early BTC price standard
by
btc_angela
on 16/01/2019, 03:04:58 UTC
Hello to everybody!

Watching one movie about early history of bitcoin there was mention about some price standard like ~1.3$ / BTC.
Now i can't find this movie, is anybody here could help me describing more info about such standard?

Thanx.


Just like any market out there, in the beginning of their journey, the price is too small but bitcoin gradually grow in the next 10 years and almost did touch $20k in 2017. I'm not sure about standard price though, everything is based on supply and demand. So maybe in the early years there's no demand, which is obvious because we really don't know what crypto or bitcoin is, but as soon as people learn how to trade and earn money then the price grow overtime.