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Wednesday, 21 May 2014

Bitcoin value history (comparison to USD) 2009-2014



Bitcoin value history (comparison to $)
Date
Price for 1 BTC
Notes
Jan 2009 – Jan 2010
basically none
No exchanges or market, users were mainly cryptography fans who were sending bitcoins for low or no value.
Feb 2010 – May 2010
less than $0.01
User "laszlo" made the first real-world transaction – he bought 2 pizzas for 10,000 BTC.User "SmokeTooMuch" auctioned 10,000 BTC for $50 (cumulatively), but no buyer was found.
June 2010
$0.08
In five days, the price grew 1000%, rising from $0.008 to $0.08 for 1 bitcoin.
Feb 2011 – April 2011
$1
Bitcoin takes parity with US dollar. 
8 July 2011
$31
top of first "bubble", followed by the first price drop
Dec 2011
$2
minimum after few months
Dec 2012
$13
slowly rising for a year
April 11, 2013
$266
top of a price rally, during which the value was growing by 5-10% daily.
May 2013
$130
basically stable, again slowly rising.
June 2013
$100
in June slowly dropping to $70, but rising in July to $110
Nov 2013
$350 – $1250
from October $150–$200 in November, rising to $400, then $600, eventually reaching $900 on 11/19/2013 and breaking $1000 threshold on 27 November 2013.
Dec 2013
$600 – $1000
Price crashed to $600, rebounded to $1,000, crashed again to the $500 range. Stabilized to the ~$650–$800 range.
Jan 2014
$750 – $1000
Price spiked to $1000 briefly, then settled in the $800-$900 range for the rest of the month.
Feb 2014
$550 – $750
Price fell following the shutdown of MTGOX before recovering to the $600-$700 range.
Mar 2014
$450 – $700
Price continued to fall due to a false report regarding Bitcoin ban in China  and uncertainty over whether the Chinese government would seek to prohibit banks from working with digital currency exchanges. 
Apr 2014
$340 – $530
The lowest price since the 2012–2013 Cypriot financial crisis had been reached at 3:25 AM on April 11th
source: wikipedia

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