So many people have said that Bitcoin is dead. My father-in-law comes from a banking background and said last year that "only stupid people would put their money into Bitcoin". Last week he asked me about the growth in the recent weeks, which shows me that even he is now curious.
If the lowest value of BTC of each year is taken and put into a graph, then the effect of this massive 275% on average growth can be seen. This 275% has been calculated on the basis of 2019 being at $3316.44 per BTC. Compared to the previous Bear market we saw in 2015, this is amazing because even through the Bear Market that started towards end 2017 leading through 2018, BTC did not even break through the previous lows of 2016 or 2017.
Lowest $ value of Bitcoin year on year.
2011 $ 2.55
2012 $ 7.01
2013 $ 19.28
2014 $ 275.98
2015 $ 152.55
2016 $ 351.36
2017 $ 795.56
2018 $3,133.44
2019 $3,316.44
When looking at the facts, even old-school bankers can't deny that BTC is the best speculative investment on the world.
