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Bitcoin price changes in the past decade

Publish: 2021-04-20 00:30:16
1.

About 400 percent

when bitcoin first appeared in 2009, one dollar could buy almost 1300 bitcoins. Before April 2011, the price of each bitcoin was always below $1. In June 2011, the highest price of bitcoin rose to $30. Then, the price almost fell within a week. In 2012, the price of bitcoin once fell below $2

further dropped to $114 on January 14, 2015. Since then, bitcoin has begun to rise again. In 2017, after the bitcoin ETF fund was rejected by the US Securities Regulatory Commission, bitcoin plummeted by $315 to below $1000. After that, it rose again. In the first four months of this year, the price of bitcoin and an ounce of gold were almost equal

However, with the strong rise of bitcoin in this round, the price of bitcoin has exceeded the price of an ounce of gold. On April 26, the price of bitcoin was $1282.97, compared with $1264 for an ounce of gold. Bitcoin has surpassed gold in price

extended data

in 2016, there were dozens of bitcoin exchanges in the world, and the trading volume of bitcoin in most countries and regions increased sharply. Among the countries and regions with the highest growth rate, the trading volume of bitcoin in Japan is second only to China, ranking second in the world; The local bitcoin trading volume in Venezuela increased by more than 913%

South Korea has become the sixth largest bitcoin trading market in the world, Korean people can buy bitcoin from a large number of convenience stores, and korbit's trading volume currently accounts for 70% of the South Korean market; Local bitcoin transactions in Colombia increased by about 370%; Bitcoin markets in Malaysia, Russia and Australia are also developing rapidly. Bitcoin trading in China once accounted for more than 80% of the global trading volume

2.

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3.

For this bitcoin, we all have a certain influence on it< because bitcoin has a group of people investing in 2021, it is in a very good state as a whole, which makes many people feel that bitcoin is a very good choice so they will choose to dig bitcoin at this time. We can also understand the occurrence of this event, because for many young markets, they still make us feel very good when facing this kind of thing, so what I don't understand is that nearly 20% of Internet cafes in South Korea choose to mine at this time, We all understand this, because bitcoin itself belongs to virtual currency{ RRRRR}

so this tells us that many people do not keep a good attitude in the process of choosing bitcoin, which will naturally have a very bad impact on us at this time

4. Taobao shop to clean out... Forty yuan a month
5.

We invested 1 yuan in that year, and now we get 10.8 million yuan! The market value of bitcoin can buy 22 Yunnan Baiyao, which has increased by more than 10 million times in ten years. After breaking through 25000 US dollars on the 26th, the transaction price of bitcoin continued to rise< as of 14:24 Beijing time on the 27th, data from coindesk showed that the price of bitcoin was $27372 each, up more than 10% in 24 hours

the key to maintaining monetary belief is scarcity. In primitive society, shells were also used as currency. This is because people find that shells also require a lot of labor time< the scarcity of shells determines the intrinsic value of these shells but if people go to the seaside and find endless shells everywhere, the shells will become worthless and people will start to use other scarce commodities as money

6.

As of 14:24 Beijing time on the 27th, data from coindesk showed that bitcoin was quoted at US $27372 per coin, up more than 10% in 24 hours. The total market value of bitcoin is 508.6 billion US dollars (about 3.3 trillion yuan) , and it can buy about 22 Yunnan Baiyao (the latest total market value of a shares is 146.3 billion)

it is understood that since the birth of bitcoin in 2009, its first price was about US $0.0025 when it was purchased in 2010. Based on the price of US $27000, the price increase of bitcoin since its birth has reached 10.8 million times

that is to say, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million. Even if bitcoin has made such an amazing increase, Citibank recently announced a target price of $300000, which is 11 times higher than the current price

expansion data:

24 hours, the whole network burst warehouse 4 billion 600 million

controversy surrounding bitcoin has never stopped, some people think it is hype, sooner or later, it will be "tulips bubble", some people think that the bitcoin's scarcity has pushed up its rise. So some are short and some are long

on a day of crazy rise, short bets of bitcoin were completely exploded. According to the real-time statistics of bitcoin home.com, in the last 48 hours, the fund of all kinds of cryptocurrencies in the whole network has burst to US $700 million (RMB 4.6 billion), of which the fund of bitcoin has burst to US $587 million, and the number of people in the whole network has exceeded 60000 in the last 48 hours

According to the historical data, the short position burst on the 27th was up 136% compared with the previous trading day

7.

Since the birth of bitcoin in 2009, the first price to buy bitcoin in 2010 was about US $0.0025. At a price of $27000, bitcoin has risen 10.8 million times since its birth< In other words, the original investment of RMB 1 can buy 61.3 bitcoins, and the current position value is RMB 10.8 million even with bitcoin's amazing growth, Citibank recently announced a target price of $300000, which is 11 times the current price

Although centralized trading has many fatal disadvantages. 100% of the existing currencies and banks in the world are issued or abandoned by the National Central Bank, and ordinary people cannot participate in the issuance of currencies and banks or the central bank accounts. If the Central Bank continues to issue money silver, it will continuously dilute people's money silver and rece the purchasing power of money silver. It's not shocking at all. This has happened in some countries in the world. Take Zimbabwe as an example. In recent years, the government issued a large number of currency and silver, which led to the collapse of Zimbabwe's economy. Finally, the US dollar had to be introced into the local legal currency and silver< Economists are considering replacing bitcoin in Zimbabwe

8.

The fact that the price of bitcoin has increased by more than 10 million times in the past decade, I think the value of bitcoin is man-made, because for this kind of conceptual currency, in fact, it has no special significance . It's just that too many people on the Internet are optimistic about this currency, so this kind of thing happens. For us, Whether bitcoin can give us hope is not certain. If compared with the past, China's currency or technology has also increased a lot. So this thing is not more practical than bitcoin? For bitcoin, it's just a conceptual thing, and we don't know whether the conceptual thing can remain eternal

when we see these things, we must understand that many things are not what we has the final say. So sometimes we may feel that such things make us feel a bit excessive, but for some people in the stock market, they are very excited. If you buy bitcoin at a low price and then turn it to so many now, it may be a good opportunity to make a lot of money. The price of bitcoin has increased by over 10000000 times in 10 years. I think the value of bitcoin is man-made. For this kind of conceptual currency, in fact, it has no special significance

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