The bictcoin throughout its existence has had a very varied value. The general response to "Why this price?" Is "supply and demand." Price discovery occurs at the meeting point between buyers 'demand and sellers' supply. Adapting this model to Bitcoin, it is clear that most of the offer is controlled by early owners and miners.
The cryptocurrency reached a historical maximum value of almost US $ 20,000 in mid-December 2017, before falling to US $ 7,000 in February. Many saw this situation come and invested at the time
How much was 1 Bitcoin worth in 2009?
The birth of the bitcoin was in the year 2009 but it was not changed in any exchanger to that date. Its first registered price was in 2010. Technically, Bitcoin was worth $ 0 in 2009 during its first year of existence!
How much was 1 Bitcoin worth in 2010?
The price of Bitcoin never reached $ 1 in 2010! The highest price in that year was only $ 0.39!
FORECAST OF THE McAFEE PROGRAMMER
The famous programmer McAfee guarantees that the cryptocurrency can reach one million dollars, each currency in the year 2020.
The expert in computer security and now influencer of the cryptocurrency sector, said:
"There are all kinds of ways to make it possible, the most common is to take a number of Bitcoin users, because as Bitcoin expands its user base, more are the people who own it and those who accept the currency for payment. . So it is firing and not going away. it can not be worth anything. it can only grow as we grow the user base. it's like a Pandora's box has been opened, said McAfee."