The closing price for Bitcoin (BTC) in 2012 was $13.45, on December 31, 2012. It was up 185% for the year. The latest price is $27,455.70.
Despite a slight rebound, 2012 was uneventful, and BTC closed the year around INR 1,070.
Price of 1 Bitcoin in 2011: $1 – $30
In February of 2011, BTC reached $1.00 for the first time, achieving parity with the U.S. dollar. Months later, the price of BTC reached $10 and then quickly soared to $30 on the Mt. Gox exchange. Bitcoin had risen 100x from the year's starting price of about $0.30.
The closing price for Bitcoin (BTC) in 2013 was $754.01, on December 31, 2013. It was up 5,481.1% for the year. The latest price is $26,890.80.
Bitcoin has produced a monster return
That monster performance equates to a gargantuan return of 13,900% (as of this writing). And this means that a $1,000 investment in Bitcoin back then would be worth a whopping $140,000 today.
The research report put together by Ark Invest sees Bitcoin hitting price targets in 2030 of $258,500 in the bearish forecast, $682,000 in the average market and $1.48 million in a bullish market.
Given its steady growth rate, and accommodating all the factors that indicate the sustainability of its current growth trajectory, an investment of $1000 today will comfortably yield a return of about $11,530 by 2025.
This means that if you had invested $1000 at $. 08 in Bitcoin in 2010, that investment would be worth over $287 million dollars today.
That $1,000 investment would be worth $1,559.04. This represents a hypothetical return of 55.9% over the last five years or an average annual return of 11.2%.
In July 2011, two years after it was created, one coin cost $13.91. Back then, $1,000 would have bought you 71.89 bitcoin, which would be worth $2,785,737.50 today. That figure represents growth of 278,476.56%.
According to data calculated by Finbold, investors who bought $1 worth of Bitcoin in January 2013 when the digital asset was trading at $13.30 would have seen their investment grow to be worth $1,417 as of January 13, when the price of one BTC was $18,881.
At the time, Bitcoin was worth around $8,800. That same $100 investment would now be worth more than $70,000 -- an unbelievable increase of nearly 75,000%.
From $900 to $20,000: The Historic Price of Bitcoin in 2017.
2010: Bitcoin Begins Trading
003, which would make it the lowest ever price recorded. On May 22, Laszlo Hanyecz bought two pizzas for 10,000 bitcoin which is held as an iconic first exchange of bitcoin for a real-world product; Bitcoin Pizza Day was born. The first large-scale bitcoin exchange, Mt.
Answer: Bitcoin could be worth between $800,000 and $1 million in 10 years based on analysts' predictions. The $1 million price target is anticipated in 2030.
It is forecast that bitcoin's price will reach a maximum of $214,232.74 USD by 2026. This is followed by a minimum of $181,308.21 USD, with an average price of $186,289.04 USD by 2026. Meanwhile, some experts see more potential in Bitcoin and predict a price of $274,279.582 USD by then.
Start with as little as $1
Thought you had to buy a whole coin to get started? With bitFlyer, you can invest in Bitcoin and other popular cryptocurrencies with as little as $1.
Most people will not be able to purchase an entire BTC because of its price, but you can buy portions of BTC on these exchanges in fiat currency like U.S. dollars.