International internet finance channel: the maximum price of the coin network was 4386. 52 and the lowest price was 4320. 00 on 28 july. Yesterday, after reaching a maximum price of $4415, the net was hit directly at $4363, still in a small swing。
Recent developments have not fluctuated much, and we are here today to review the story behind the surge in the history of bitcoin. The figure below shows the price trends of bitcoin in recent years。
Bitcoin price trends in recent years
A. The embryonic phase
Until 2013, there were not many people who knew bitcoin and the coverage of bitcoin was concentrated in some emerging technology media. At the time, it was known that bitcoin was very sensitive to emerging technologies。
According to statistics, less than 10 per cent of all users active in the btt forum until 2013. These are first-time investors who are relatively well informed and easily receptive to new things. Such investors would be aware of an emerging investment opportunity and would be aware that such assets usually have substantial expectations of an increase, but at some risk. At that time, the price of bitcoin was just a few dozen yuan yuan, and those who dared to take risks now receive dozens of times more。
B. Institutional investor involvement
This phase, relative to bitcoin, occurred in april and may 2013. At that time, the number of bitcoin exceeded 11 million, which coincided with the economic crisis in cyprus, with extensive media coverage of bitcoin, attracting a large number of investors and wind investments. It was also the first time that bitcoin prices had broken $250。
C. Mass media, public involvement
In early october 2013, after news of the capture of the ceo of the silk road website, which used bitcoin for black market transactions, the media continued to compete for this new thing, and bitcoin prices began to rise slowly from $700. The country's central television station has also produced a number of interviews on bitcoin, followed by a variety of media, both large and small. After almost a month of successive increases in the price of bitcoin, on november 18, the price of bitcoin doubled in one night to over $1,000 (7,000 yuan) for the benefit of legal labels on bitcoin issued by witnesses from relevant united states government agencies。
D. Carnival price bubbles
Investors, who stood above the huge bubble, could not see the current situation at all. All kinds of bitcoin talk about replacing the french currency, and 10,000 bitcoin maths talk about the industry. But reality is ruthless, and $1,100 in 2013 is a huge bubble。
E. Desperate sales
Throughout 2014, after the end of the carnival price bubble, there was a year of desperate sales throughout 2015. At the beginning of 2015, bitcoin prices went even further than 900 yuan. This was followed by desperate rhetoric, with the bitcoin industry falling apart. Due to the lack of a suitable form of profitability, various start-ups had to move or close their doors directly。
Re-launching
After the 2013 carnival bubble, prices now stand back at more than $600, and it remains to be seen whether bitcoin has accumulated enough strength to re-take off in a significant distance from its previous maximum price of $1,100。
The recognition of the value of tt-net-bitcoin multi-space index
The figure is the hourly grade multi-space index。
