Bitcoin Price History
Bitcoin, the first Cryptocurrency, has a remarkable history over the past 14 years. Although there have been many ups and downs but still 1 bitcoin is 1 bitcoin. In this post we will examine "How Bitcoin became So Big" (From $0.09 to $68,997 High). Every significant event that affected the history of the bitcoin price is described below. This information also helps you to understand previous levels and possible future potential. (Check Out - Bitcoin Price Prediction)
Satoshi Nakamoto introduced the idea of bitcoin first time with a b-money creator "Wei Dai"
Nakamoto launch the first blockchain called genesis block and did the first transaction of 10 BTC.
5,050 Bitcoin was sold by developer "Sirius" for $5.02, making the initial USD price of Bitcoin $0.0009.
Laszlo Hanyecz accepts the offer of 2 Papa's Pizzas instead of 10000 Bitcoin. Yes, that man eats $600 Million worth of meals.
BTC started trading at the estimated price of $0.08.
Almost 184 million bitcoin were created but the blockchain detects the fraud and removes it quickly.
Satoshi posts his last message on the Bitcointalk.org
First-time bitcoin hit $1.00.
Bitcoin jump $1 to $30 in 4 months more than 30x
After hitting a record high bitcoin fall more than 93% causing hacking incidents.
Linode (cloud computing and website hosting platform) was hacked and more than 43,000 BTC were stolen.
18,000 BTC stolen due to a security breach in Bitcoinica (Exchange).
BitPay accepts bitcoin for its services.
At the End of the Feb 2013 bitcoin breaks its last-time high of 30 dollars.
Bitcoin network shook by blockchain fork but it was fixed immediately.
In history, that was the first time when Bitcoin crosses the 100-dollar mark.
In an interview where Charlie Munger said that Bitcoin is Rat Poison and Warren Buffet was agree with his comment.
In Canada a first ATM opens which is capable of converting Canadian dollars to Bitcoin.
Bitcoin hit its first 1000 dollar mark and China permits citizens that they can trade in Bitcoin.
Dec was not good for Bitcoin In 18 days bitcoin falls $1150 to $380 (Almost 65%) but at the end of the month, it close near $730.
Jamie Dimon (CEO of JP Morgan Chase) said that Bitcoin is a Terrible Store of Value and I'm not going to support it.
The largest Bitcoin exchange called Mt. Gox collapses and lost half of a billion value causing the bitcoin prices to fall badly and touched the month low of $400
March and April were not suitable for Bitcoin, USA accepts crypto as digital property, not a currency. And Bitcoin touches the lowest price mark of 363.12 dollars.
Bill Gates said that Bitcoin is much better than currency.
Jan was not good for Bitcoin the price fell almost 50% from the high of $322 to the low of $166 mark.
Microsoft announces that it will soon begin accepting Bitcoin.
On 18 Aug 2015 bitcoin fell almost 25% in just one day.
2016 was good for Bitcoin, the price jumped from $429 to the $970 mark (Almost 126% Up Move)
First-time bitcoin crossed the 2000 dollar, it was tasked for more than 42 months to achieve a $1000 to $2000 price mark.
Bitcoin hit an all-time high of $4900 and then suddenly fell almost 34% from the high.
Dec is pretty good for bitcoin On 1 Dec Bitcoin's first-time touch the $10000 mark (close at $10880) then in the next 15 days touches all-time high of $19000 price.
I think 2018 was a black year for Bitcoin, the price fell from $19,800 (High) to $3124 (Low) almost 84% down.
China bans foreign cryptocurrency exchange platforms and Bitcoin hit the low of $6878 mark.
The Biggest Investor of our century Warrant Buffett again warned people about Bitcoin and stick to his statement of "Bitcoin is Rat Poison".
Bitcoin hit the $3181 lowest price mark of the year.
Chine take a U-turn on blockchain technology and said that crypto is the future.
All the financial markets crashed and Bitcoin recorded the biggest fall of 40% in just one day.
PayPal launches crypto exchange services and accepts the crypto transaction.
First time Bitcoin breaks the $20K mark and sustains.
This is the first time when Bitcoin crossed the $40,000 price, also Elon Musk said that Tesla would soon begin accepting Bitcoin as payment.
Tesla reveals it has bought $1.5 billion of Bitcoin.
Bitcoin crossed the $1 Trillion market cap and was included in the list of the world's most valuable assets.
Tesla changes its mind about accepting Bitcoin as payment.
The first nation to accept bitcoin as legal money in El Salvador.
Bitcoin touched the all-time high of $69K
After making a record high BTC started falling.
We are still in a bear market and BTC price was making a Side Ways momentum. Due to interest rate hikes and the fear of recession we don't know if the BTC sustains the $20k price level or not.
44.50% ROI In Just 50 Days - Your $1000 Capital Would Be $1445 (Without Leverage)