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bitcoin stock price january 2016

by Dr. Howard Friesen DVM Published 3 years ago Updated 2 years ago
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Bitcoin lost about 35% of its value during the selling that took place from January 5 to January 11, falling from a high of $1,161 a coin to a low of $752 a coin. But trade has shown signs of at least trying to put in a bottom over the past couple of sessions.Jan 17, 2017

Full Answer

How much is bitcoin worth right now?

The price of Bitcoin has fallen by 7.31% in the past 7 days. The price declined by 7.81% in the last 24 hours. In just the past hour, the price grew by 0.23%. The current price is $36,352.09 per BTC. Bitcoin is 47.15% below the all time high of $68,789.63. The current circulating supply is 19,032,131 BTC.

How much is a stock in Bitcoin?

How much is BTC worth today? The USD price of Bitcoin today (as of April 11, 2021) is $59,822.90 for one coin. That's more than 140 times the price five years ago -- about 14,000% growth!

What is the current market price of bitcoin?

The price of Bitcoin has fallen by 0.55% in the past 7 days. The price declined by 2.02% in the last 24 hours. In just the past hour, the price shrunk by 0.05%. The current price is $42,769.77 per BTC. Bitcoin is 37.83% below the all time high of $68,789.63. The current circulating supply is 18,928,150 BTC.

Is bitcoin too expensive to buy?

Ultimately, it is a market cap above the $100T that Bitcoin can reach. As Bitcoiners have been saying all along, Bitcoin will end up eating everything in its path. With a price of $47K today, many people end up saying that Bitcoin is too expensive for them. De facto, they cannot embrace the Bitcoin revolution.

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What was the price of Bitcoin in 2016 January?

430.72BTC-USD - Bitcoin USDDateOpenHighMar 01, 2016437.92439.65Feb 01, 2016369.35448.05Jan 01, 2016430.72462.93Dec 01, 2015377.41469.1039 more rows

What was the lowest price of Bitcoin in 2016?

BTC-USD - Bitcoin USDDateOpenLowOct 06, 2016612.47611.47Sep 29, 2016605.02604.14Sep 22, 2016597.28595.79Sep 15, 2016610.59595.8864 more rows

What was the price of Bitcoin in January?

The closing price for Bitcoin (BTC) on January 1, 2021 was $29,329.65.

What was the price of Bitcoin in January 2017?

Bitcoin Price in 2017: $1,100 – $20,000 The Bitcoin price in 2017 breached the $1,100 mark in January, a new record high at the time.

What was the price of 1 Bitcoin in 2012?

In November 2012, Bitcoin went through its first “halving,” a change in the reward structure for miners, where they receive half as many bitcoins for mining blocks on the blockchain. As 2012 came to an end, Bitcoin finished at $13.50, just off the highs for the year.

What was the value of 1 Bitcoin in 2010?

Bitcoin first became available for public purchase in July 2010 at a price of $0.0008 USD ($0.0011 AUD) per Bitcoin. That's right, you could pick up a whole Bitcoin for just less than one-tenth of a cent.

When was Bitcoin worth $1?

20112011: Bitcoin Breaks $1 Bitcoin broke $1 in April 2011, entering its first mini “bull run.” It rose by roughly 3,000% over the next three months and peaked between $29 and $32 (depending on the source) by June 2011. By November 2011, the price bottomed out again at $2. The following year was uneventful.

What was Bitcoin worth 2008?

2008 – 2010. August 22, 2008, BTC Price: $0 – Satoshi Nakamoto begins an email exchange with Wei Dai, the creator of b-money, pictured below.

How much was Bitcoin worth 2013?

Bitcoin Price Table, 2010-2022 (Yearly)YearBitcoin Price ($)Change ($)201313.308.0420125.274.9720110.300.2120100.0909 more rows

How much did Bitcoin cost in 2014?

The closing price for Bitcoin (BTC) in 2014 was $320.19, on December 31, 2014. It was down 57.6% for the year. Not what you're looking for? Daily pricing data for Bitcoin dates back to 7/17/2010, and may be incomplete.

How much did bitcoin cost in 2013?

Bitcoin first crossed the $1.00 threshold in February 2011, just over a decade ago. The first major surge in Bitcoin popularity occurred in 2013, with prices spiking as high as $1,242 in November of that year before retreating.

What was the price of bitcoin in June 2017?

Historical Snapshot - 25 June 2017RankNamePrice1BTCBitcoin$2,589.412ETHEthereum$303.253XRPXRP$0.29844LTCLitecoin$43.9248 more rows•Jun 25, 2017

What was bitcoin price in 2014?

The closing price for Bitcoin (BTC) in 2014 was $320.19, on December 31, 2014. It was down 57.6% for the year. Not what you're looking for? Daily pricing data for Bitcoin dates back to 7/17/2010, and may be incomplete.

What was bitcoin worth 2008?

2008 – 2010. August 22, 2008, BTC Price: $0 – Satoshi Nakamoto begins an email exchange with Wei Dai, the creator of b-money, pictured below.

How much did Bitcoin drop on Christmas?

Christmas, however, didn't deliver the digital currency community the gift it may have had in mind: Bitcoin's price took a dive of roughly 10 percent, according to price trackers, which showed that it dipped as low as $411.16 on Dec. 26.

What is the biggest challenge for bitcoin?

The big challenge for bitcoin in the next year is for the cryptocurrency community to continue mediating its reputation, as more and more mainstream financial institutions begin to invest in bitcoin's blockchain.

Why is bitcoin dipping during the holidays?

But dipping during the holidays isn't anything new for bitcoin, as it followed the same trends in 2013 and 2014. This has typically been attributed to a dip in transaction volume and less bitcoins being traded. Per usual for bitcoin, in just a few days following Christmas, it was able to spike back to more normal levels for the more recent price trends. Transaction volumes are on the rise, according to reports, and bitcoin exchanges have reported their trading volumes are going back up. Perhaps that aligns with the predictions for 2016.

Does bitcoin have volatility?

What was noted in the article is that bitcoin's volatility has decreased over the past five years, whereas the value of major traditional currencies, like the U.S. dollar, have declined drastically in the same time period. Some forecast that bitcoin's volatility rates will continue to dip as more and more people become interested in the digital currency.

Is bitcoin still in its early stages?

Masters also suggests that the production rate in the bitcoin mining industry could give bitcoin's price a 50 percent boost. Because bitcoin is still in its early stages, he believes its true potential has not been realized.

How much did Bitcoin go up in 2017?

After a period of brief decline in the first two months, the price charted a remarkable ascent from $975.70 on March 25 to $20,089 on December 17. The 2017 hot streak also helped place Bitcoin firmly in the mainstream spotlight.

When did Bitcoin peak?

The first such instance occurred in 2011. Bitcoin's price jumped from $1 in April of that year to a peak of $32 in June, a gain of 3,200% within three short months. 2 That steep ascent was followed by a sharp recession in crypto markets, and Bitcoin's price bottomed out at $2 in November 2011. There was a marginal improvement the following year, and the price had risen from $4.80 in May to $13.20 by Aug. 15. 2

How much Was One Bitcoin Worth in 2009?

The value of one bitcoin was effectively worth $0 when it was first introduced in 2009. It was traded for free initially between early adopters.

Why did Bitcoin price change?

The price changes for Bitcoin alternately reflect investor enthusiasm and dissatisfaction with its promise. Satoshi Nakamoto, Bitcoin’s inventor, designed it for use as a medium for daily transactions and a way to circumvent the traditional banking infrastructure after the 2008 financial collapse. 1 Though the cryptocurrency has yet to gain mainstream traction as a currency, it has begun to pick up steam through a different narrative—as a store of value and a hedge against inflation.

What influenced Bitcoin's price?

The rise and fall of cryptocurrency exchanges, which controlled considerable stashes of Bitcoin, also influenced Bitcoin's price trajectory. Events at Mt. Gox, one of the world’s first crypto exchanges, especially contributed to mercurial changes in Bitcoin's price in 2014.

What happened to Bitcoin in the early days?

During Bitcoin’s early days, liquidity was thin and there were very few investors in cryptocurrency markets. This state of affairs translated to wide price swings when investors booked profits or when an adverse industry development, such as a ban on cryptocurrency exchanges, was reported.

What was the price of Bitcoin in 2013?

The digital currency began the year trading at $13.40 and underwent two price bubbles in the same year. The first of these occurred when the price shot up to $220 by the beginning of April 2013. That swift increase was followed by an equally rapid deceleration in its price, and the cryptocurrency was changing hands at $70 in mid-April. 2

What was The Bitcoin Price 10 Years Ago?

Bitcoin hit $1 for the first time ever on February 9th, 2011. On that day, forums posts began to emerge suggesting Bitcoiners around the world ought to throw "parity parties" (meaning a party celebrating Bitcoin's parity with the US Dollar).

Why did Bitcoin Break its All Time High on February 23, 2017?

Once it got close to its previous high, it busted through and continued to run up throughout all of 2017.

How Much was 1 Bitcoin Worth in 2009?

In the very early days of Bitcoin, there were no exchanges that look anything like the offerings today. But there was at least one exchange established in the first year since Bitcoin's inception.

What Was Bitcoin's Lowest Price Ever?

Technically, the lowest Bitcoin price ever was $0.00. That's because for many years, Bitcoins weren't worth anything.

What is the Current Bitcoin All Time High?

The Bitcoin price all time high will depend on which exchange you reference.

When Will Bitcoin Hit a New All Time High Again?

The next halving is in the first half of 2020, likely April or May.

What happened to Bitcoin in June?

The price of Bitcoin continued its slow but steady appreciation over the course of the year. After a spike to $750 in June, Bitcoin retraced before closing the year just shy of the all-important $1,000 mark.

How many transactions can a bitcoin block have?

Rules embedded in bitcoin’s software limit each block on the bitcoin blockchain — the cryptographic system that effectively turns every computer operating the bitcoin software into a guardian of the network’s integrity — to one megabyte of data, equal to about seven transactions a second.

How much has the Chinese dollar risen since 2008?

China’s central bank has tried to slow the currency’s decline by liquidating some of its foreign currency reserves, but still the dollar has risen more than 7% to about 7 yuan — the Chinese currency’s weakest level since 2008. However, whether this demand is sustainable is unclear.

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