It is difficult to wait for market correction. A firm and lasting correction expected to double more difficult. Those who bought Bitcozons of $ 15-18 thousand at the end of last year, now it is very difficult. Their fear and fear, when they see today's price, is very easy to understand.
Bitcoin runs faster, panic growthMarket fever continues. All top end crypto-coins continue to fall out of a new and new bottom after another small growth. At the end of the day you can often see such a picture
The red zone remains in the market day by daySkeptics, critics of Bitcoin and numerous "brittle" people are roaring in anxiety: "We said!" However, what does everything seem to be at first glance? Let's try to understand
READ MORE:"Letter from the Future" with the accurate forecast of the 2025 Bitcoin course - a complete translation!
Another prediction of the crypto currency was described 20 years ago
New prediction: Nastardas Satoshi predicts the creation of Bitcoin of Nakamoto
Future forecasts are a complex subject (and, anyway, can say thankless), so let's go back to history and archives. After all, in fact, Bitcoin worries and more serious corrections, always coming out of the winner. So now look back at those who have fear and doubt who will be giving confidence.
2010-2011 year - how it all started
Anyone who does not like to read too much, the smallest and the biggest table for him.
Corrected Bitcoin, 2010-2018 yearAnd then - we offer a brief historical depression. Those who are recently interested in bitcoin will be curious to know how the old crypto coins will develop and today will have to go on a shocking path. Those who have been "subject to" for a long time have to remember and what should be ponalized. lets go!We remotely return to the year 2010. It was only half of a year since Bitcoin's Generation-Blake took place in January 2009. The crypto coin is basically interested in computer enthusiasts and geeks, but some people have heard about mining. Bitcoin costs (by today's ridiculous value), 6 cents, and some take seriously. In May, there is a lesson for all modern crypto-enthusiasts about selling two pijars for 10000 Bitcoin.
AND AGAIN PIZZA FOR BITCOIN
In September 2010, the primary infrastructure was shown, activists created and released Windows based licenses under the MIT client CUDA. The first public miner is made of OpenCL. Price Bitcoin goes out of the total every day to interact microtransactions again up to 17 cents, and then goes to the news of attempts to read St. 6. Here's the first significant revision - 65% at once. It stays more than 20 days, and then the cost of the crypto currency starts increasing gradually.In October, enthusiasts created IRC channels for Bitcoins trade - # Bitcoin-OTC, and already on the first day of November, the first cryptocurrency capitalization reached one million US dollars, while the MtGox exchange rates - solid 50 cents. In December, the first app for smartphones was created (yes, 7 years ago!)
Nokia NXxXX BitcoinAfter a quick spell of half a dollar for Bitcoin, another big "Drew" was seen, and the crypto currency was returned to 20 cents again. However, not longThe organizers, who were interested in mining for a few months, were put to the pool. In January 2011, Bitcoin Stacked Mining has the power to achieve 10 Ghash per second, and at the end of the month - January 28 - 105000 blocks generated. Therefore, 5,25 million Bitcoin has already been issued.Samsung will produce mining equipmentThe 9th February 2011 year is compared to the price of Bitcoin with the dollar. Already the enthusiastic citizen is trying to buy or sell their property for Bitcoin. So, an Australian Exxon tried to sell old Porsche for BTC, but without much success. A little later, on March 3, 1, there were other significant events for the young network - founder mtgox.com Z Mccaleb (Zed McCaleb) Resource Mark Carpelase (Mark Carpele) sold.Also in March, a dramatic jump of network computing power: the second to 900 Ghash and then - 500 falling. There is rumors about a mysterious miniature and network supercomputer look. Open New Exchanges in March-April: Bitcoin is now only in dollars but Brazil's real, British pound sterling and Poland's oily is possible only to exchange. Prevents every currency for every 80-100 cents.The real fame for the first crypto coincidence comes with the publication of Time magazine articles in the central April 2011 magazine.
Since then, TIME has been written repeatedly about BitcoinThe courses start to grow faster. Already in less than a week, Bitcoin capital crosses a new line of less than $ 2 a week - 10 billion dollars. After two weeks, the rate of two-three weeks after 4, another 2 weeks - 8 of 8 and 5 days of record increase, the MtGox currency rate has already reached $ 31,91 a dollar!
2012 and the first major tests
In the euphoria that involved all Bitcoin enthusiasts, someone was ready for what would be next.
With the increasing popularity of Bitcoin, its attractiveness has increased for the killersWhen one of the members told about the loss of its purse, the first alarm, 13 June 2011, shook 25 thousand bitcoins (time of exchange rate of more than one and a half thousand dollars). And in a week it is known about the breakdown of the largest stock exchange - MtGox. The entire database goes to the infiltrators - e-mail addresses, passwords, personal information. Over 60000 users have been damaged. Bitcoin rates have reacted promptly - in less than a month the currency has decreased twice and the price decline continues and continued.
THE PSYCHOLOGY OF TRADING, HOW DOES A PANIC KEEP YOUR SUBMISSION?
- Bitcoins mobile, the release of New York's World Expo Conference Bitcoins, or the first decentralized mayningovogo pond or big kriptovalyutnaya European conference in July 2011 for any release in the first application of the iPad: Positive News Panic Holder could not beat Bitcoins The price of Bitcoin dropped to $ 2,31 for a coin. This was the maximum test for the crypto currency: the overall correction was 93%, and non-stop drops lasted as much as 167 days!Growth rate is only at the beginning of 2012 - Bitcoin has a little position and crosses $ 7 threshold. However, it has turned, read again. In February, a large exchanger Paxam refused to work with Bitcoin and in March there was another major threat of the crypto currency. While updating the security of Linode Webhost, 50000 is stolen than Bitcoin.
Major hardship happened after one otherSo, from January to March 2012 Bitcoin again held in a deep correction all the time. The rate of currency is 7,22 to 4,68 dollars. Of course, this MtGox did not go beyond the panic, but the credibility of the crypto currency was severely reduced. In addition, at this time, Bitcoin was firmly involved in dark and criminal activity, which hindered its development.
APPLE'S FOUNDERS CONSIDER BITCOIN BETTER THAN GOLD AND DOLLARS
Bitcoin Holders have faced another fraudulent intent, easily recovered from shock early in the year. Those who have not been successful in hacking, their strategies have been changed and started to run human fraud. So, in August, the so-called "Trust Fund" of Trendor Seyors (of course, no Satoshi returned) had ceased (Trenden T. Bitcoin Savings and Trust failed to invest in an investment project, but a nice pyramid, working according to the paunted scheme. Investors exceed 60 million dollars and bitcoin rates decrease again - at this time only 34 to 15,4 to 10,1 The crypto exchange rates were 6%. In August 2013, was arrested saorsake.
The criminals are unable to protect from punishmentBitcoin became more popular. Believe in a new virtual currency, which will soon replace the usual meaning after, increase and day by day. At the end of 2012, another major conference was held in London for the development of barriers and security issues, later the establishment of the Bitcoin Foundation. November 2012 opens the first block (210000), for which the prize was not 50, but 25 BTC. The course continues to grow:
- 12.7 December 2012;
- 13,5 January 2013;
- 21,1 in February;
- 39,9 in March
For the first time in more than 600 days, of course, taking a new historic maximum, MtGox back in time before the break.
Bitcoin 2013 and new iksy
It seems that now it is behind all the problems. Bitcoin increases its growth speed again. The capital has exceeded one billion dollars at the end of March 2013, and on April 1, the price of MtGox does not exceed 100 1 dollar psychological barrier for Bitcoin. 10 days, and lucky owners doubled their capital - the currency price record for April 10 reached 266 dollars.Already many of them sold their property and bought Bitcoin "for the whole date". Of course, this behavior was dangerous and invincible, but then it was not very worried.
Nobody is waiting for further troubleBitcoin Another storm happened like a thunder in the middle of the clear sky. Rate stagnant, April 2013 when a massive DDoS attack on a Bitcoin network took place. For more than a week, rates have decreased three times: from 266 dollars to 10 April to 84,50 dollars on April 16. Then the echo of panic, like wave to throw a stone, caused two already weak corrections - 166 to 113 - the dollar could have dropped from 115 to 73, and in July. At that time, perhaps many people thought that it would inhibit Bitcoin for at least one and a half years. But everything becomes different.
WALL STREET ANALYST BITCOIN PRICE FORECASTS - 25000 $ AT THE END OF THE YEAR
Developers have continued to develop in all areas associated with blocking and crypto currency. The announcement of the webmine in May 2013 was recognized as the recognition of the law in Germany in the creation of a new purse for bitcoins at bitcoin in September 2013. Even detained by Ross William Ulbright, owner of the largest illegal trading platform paying in bitcoin, did not weaken the location of the crypto currency. Instead, on the contrary - even Bitcoin becomes less concerned with the residents by providing low cost money.Already in November 2013 the Bitcoin position and continuous return to active growth. Short-term correction refers to a series of sharp jumps in the course of the 19-20 November (-26%) course. Certainly the news has changed dramatically: Cyprus University was planning to enter Bitcoin as a way to pay for a tuition fee, while the US cryptocurrency was supported by various business leaders in the Internet and company's Zynga field - browser-based game developers. Good news, rising rates are rising from $ 1000 to December. And it's time for bad news
2014 - News from the Middle Kingdom and another hit from MtGox
Bitcoin growth rates may be faster than the attention of states. Exchanges with regard to centralized issues and regulations are very consistent with the currency banking system. Someone will take the first step.
China - against Bitcoin!The first ban came from China. At the very end of 2013, the Popular Bank of the Forces banned bittakayana for any financial activities. Following operations with the crypto currency, Norway was banned. Despite this, after sharp correction (XXXX for 1045-657 days), the crypto currency rate was up to $ 16 a new year.
SOUTH KOREA HAS CONFIRMED THAT IT IS "NOT MOTIVATED" TO BAN CRYPTOGRAPHIC TRADE
The new 2014 year also starts with the news. In London, in January, the first safe "cold store" for the crypto currency - the Indian Vault was opened. The good news for the crypt holders was from Ireland: Most organizations agree to take Bitcoin payments for services. Even China was satisfied: On January 24, BTCN began to trade again after the ban was lifted. However, the situation is being protected.
FABULOUS TRADE? WHAT IS THIS? BITIFINIX EXCHANGES WERE IN DOUBT
The second strong shock from MtGox, hardly anyone would expect. However, it happened. On February 7, the Stock Exchange was unavailable due to the DDoS attack. Withholding all requests for withdrawal of management funds, motivation with doubt of the mass stolen fund due to the weakness it found. After a few days, other crypto-exchange exchanges encountered the same problem. Bitcoin prices were quickly reduced - 80-100 dollars per week. As a result, on February 24 MtGox was closed. At that time, by cheating depositors, they can not compare their panic and frustration.
MtGox, where is our money?Two of the most powerful corrections that follow it are the fear of those investors who understand that their Bitcoin is always at hackers and the mysteries of the assassins:
- From March 12 to April 13, 2014, Bitcoin lost 34% of its value (645 - 426 dollars);
- The rate is 69% (675 - 211 dollars) from 3 June 2014 to 17 January 2015. Corrected 229 days!
In light of the recent events in March, oil has been added to the fire and oil tax service, which recognizes Bitcoin as a type of property.
2015-2017 - New discovery time for the crypto currency
In the next two years, despite all the problems, Bitcoin believes in the bright future, a new light is published. This news was mostly positive and only the crypto currency was expanded. Correction is mostly without natural, sharp "landslides".Here is an incomplete list of the beautiful that we can observe in 2015 and 2016:
- In early January, 2015 was able to attract the Coinbase Exchange of more than 75 million dollars;
- August 2015 More than 160000 participants were registered with the transaction using Bitcoin;
- In January 2016, the network's total processing power exceeded XNUM exhaust per second (those who are as many zeros - more than 1 hash per second);
- March 2016 was made by a representative of Japan Cabinet ministers with a very important statement. Bitcoin with crypto-coins, as well as money money, was recognized as the official means of payment;
- In April 2016, payment in bitcoin was accepted by a large steam gaming platform;
- In July, when the Argentine government closed the credit card, the Ubba service paid Bitcoin;
- The world's September 2016 was already more than 771 terminals, with the help of Bitcoins, you can pay for different products and services;
- At the end of 2016, the number of open source projects, one or the other related to Bitcoin, exceeded 6000.
With the addition of other crypto-coins, the share of Bitcoin to 76 to 91 percent in 2016!
Bitcoin's Lack of LeadershipOf course, there was tragic news (but few of them).The first tragic news is again linked to hackers by Bitcoin. This time the BitFinix Exchange went on - August 2016 was abducted about 120000 bitcoins as a result of the attack.The second news, which gave many controversial opinions, was the departure of Mike Hirn (Mike Hiron) of their Bitcoin core team. "At the moment, some developers, including me, have lost interest in bitcoin," he said. Mike also added that Bitcoin community still has no faith after so many years.
Mike Heron carries Bitcoin CorpsLater he said:
"FROM THE VERY BEGINNING, I ALWAYS SAID THE SAME THING: BITCOIN IS A TEST, AND LIKE ALL THE TESTS, IT MAY FAIL. SO YOU DO NOT INVEST MORE THAN THE ABILITY TO LOSE IT. I SAY THIS IN AN INTERVIEW, AT THIS STAGE OF THE CONFERENCE, AND BY E-MAIL. AS WELL AS OTHER WELL-KNOWN DEVELOPERS, SUCH AS GAVIN ANDRESEN AND JEFF GARAJICAND EVEN THOUGH I ALWAYS KNEW THAT BITCOIN COULD FAIL, THE INEVITABLE CONCLUSION THAT HE IS STILL FAILING, STILL THE MAIN FOUNDATIONS OF MOCKING ME BECOME ROOTED AND WHAT WILL HAPPEN IN THE NEAR FUTURE, BITCOIN WILL ONLY FALL DOWN, I WILL NOT AGAIN PARTICIPATE IN THE DEVELOPMENT OF BITCOIN AND ALL OF MY SELL COINS "
2017 - Everyone for yourself
Unexpected headline, is not it?Here I am as an author of the article, make my point and smile. I do not write news titles that will write about internet sites and newspaper pages, all the things that we do not have to go through in radio and broadcast television. I will not say anything about what happened in Bitcoin in 2017, which has just ended recently.And not because I have nothing to say about this. Conversely, there is too much information that even a dozen can not be included in such an article. If you want, many of our blogs can be found:
- Category "Bitcoin News";
- Category "Analysis";
- Article "Regulation";
- "Cross-currency exchange" section
For themselves, everyone will decide on their own. To invest or not? Bitcoin to buy or sell? Save Stock Exchange Trade or "Long" Coins? This question will not give a correct answer to experts, even more "experts". Everyone decides for themselves.
THE TOP 7 WAYS TO BUY CRYPTO COINS FOR FAYAT, WHERE THERE IS LESS COMMISSION
I would simply say that Bitcoin and crypto-currency are now a big game. Top developers around the world. A wealthy business with the level of the largest financial corporations and the multibillion-dollar misadventure. The level of state and government is serious, difficult and sometimes very cruel game.Just because the rate of writing of bitskays from accounts has decreased from 20000 in December last year to today and tomorrow 8000? Well, I do not think that "grandfather" still shows all our strengths. New year will be interesting and new events will be full. And the joint development of the best projects will allow us to look at our digital economy in the future to at least one corner.
Power - in unity!