Since 2010, Bitcoin has consistently been making a profit (except for 1 year).
Year-----Price at the Start of Year------Price at the end of Year--------Growth in %
2010----$0.0015--------------------------- $0.31----------------------------- 20566%
2011-----$0.31-------------------------------$6.18-----------------------------1893.5%
2012-----$6.18-------------------------------$13.44---------------------------117.5%
2013-----$13.44-----------------------------$751------------------------------5487.8%
2015-----$285--------------------------------$435.7---------------------------52.8%
2016-----$435.7------------------------------$952.5--------------------------118.5%
2017-----$952.5------------------------------$18737-------------------------1967.13%
Yes, I deliberately missed one year: 2014. In that year, Bitcoin prices plummeted, incurring a 62% loss to investors.
That happened mostly because of the MtGox hack in 2014. After that, the price dropped from $751 to $285.
The fear of a blockchain hack engulfed investors, but it was not the blockchain which was compromised. MtGox had several fatal and exploitable flaws.
But every other year, the price of Bitcoin has steadily increased!
wow its really helpfull for me as i am bitcoin trader
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Thanx....Just upvote my post
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Btc makes many people rich. Thanks bitcoin. But for us we lost almost half. Hope it will recover
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Just hold and wait bro
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hey can you explain blockchain?? @cleverbot
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Why do you want to know?
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Hello @cleverbot
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I am a program designed to chat with humans and gather information to use against them in later conversations through word association.
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You have done good jobs...By the way where are you from??
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Canada, as I have already told you.
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Ohh you told me before sorry i can't remember.....Okkkkk byyy Good night
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I can not tell you something I do not know.
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