#1 Simple Bitcoin Price History Chart (Since 2009)
#1 Simple Bitcoin Price History Chart (Since 2009)
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/bitcoin is amazing and we love it but sometimes it's nice to have an area dedicated to the technical details and interesting projects of bitcoin so this exists to complement /bitcoin, Feel free to X-Post if you think your article is relevant to both /bitcoin and /bitcointechnology This subreddit is for all proposals, articles, questions and answers on bitcoin related technology DO NOT POST icos, pricing, memes, scams, etc here as they will be removed.
Some thoughts on current bitcoin pricing: retail selling & institutional accumulation?
Thought #1: GBTC is massively accumulating bitcoin, I believe that this is reflective of the broader institutional sentiment not just in US, but also in other parts of the world. Thought #2: GBTC alone is buying more bitcoins a day than the number of bitcoin is put into circulation by mining. It is likely that this is a general trend,and that others institutions might be also accumulating, it is curious that the price of bitcoin is not rising. Someone has to be selling, but who? Well, it is probably the retail investors who are selling. Thought #3: It makes sense that retail investors are selling, and more specifically, retail traders. 10k is a crucial resistant level for bitcoin historically. Traders are likely to sell into this key resistance level and seek to buy back later at a lower price. Moreover, there is historical antidote for selling post-halving. It makes sense that traders are selling at price levels close to the 10k level. Thought #3.1: The increased number of posts in this reddit hoping that the price of bitcoin will drop has increased quite a bit recently, this offers more support to point #3. Thought #4: However, bitcoin pricing did not drop by much, because despite heavy selling from retail traders, institutional investors are buying everything they sold. Thought #4.1: Low trade volume may also support this, as retail traders are only selling at current price levels into institutional buying (this creates only 1 transaction, leading to low volume). Thought #5: If institutional accumulation continues, this could lead to an enormous surge in bitcoin price, because supply is becoming inelastic without retail trader ownership. Institutions and longer term investors do not sell as easily as retail traders. Thought #6: Rise in ethereum price in recent days seems to indicate that interest in crypto ownership is rising. Bitcoin price have not risen much in comparison, possibly being held down by traders selling at the key 10k level. This divergence cannot last forever, if this continues, bitcoin will likely rip massively at some point in the future. Thought #6.1: Take note that the rise in ethereum price can just be a regression to the mean. As bitcoin dominance was at a high point at halving, traders may just be flocking back to the other cryptocurrencies after halving is over. That say, bitcoin should not continue to lag behind as this correction in bitcoin/altcoin ownership should be mostly over. Any further divergence should also be indicative of artificial price suppression from traders hoping to capitalize on a drop in bitcoin price. Welcoming all thoughts and comments.
What is going on with robinhoods bitcoin pricing. I have been buying and selling bitcoin for the last few weeks and yesterday it started buying at $30 above the estimated price that it lists. 1 time was crappy but ok. 2 time was unexpected but this is the 3rd time it is also going $30 below the sale price too!!! What is going on?
Bitcoin Could Be About To Surge To $100,000 After Stock-To-Flow Update Revealed. Widely-respected bitcoin analyst PlanB, who created the stock-to-flow bitcoin pricing model, revealed a chart update last night. | NewYorkCoin (NYC) The Earliest Lightning-Fast, No Fee Crypto in Existence! Since 2014.
Does anyone know if Robinhood ties into a larger exchange? I'm trying to programatically pull down Robinhood Crypto pricing (not execute buys or sales, just pull down the current cost). Long story short, the folks over at RH won't let you use an API to pull this information. So are there prices tied to any other exchange I may easily be able to pull pricing data from? Thanks
I have recently been getting into trading game currencies via bitcoin. Now this all seemed fine when I first started, not thinking about the constant price fluxations in bitcoin. I am relatively new to the community and was just wondering, is there any general rule of thumb to know whether the price of bitcoin is going to rise or fall? How can I begin to start determining this so that I will not lose money in the future when trading with bitcoin. I know there will always be a risk factor, but how can I begin to educate myself to predict these things?
Live Bitcoin prices from all markets and BTC coin market Capitalization. Stay up to date with the latest Bitcoin price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Bitcoin. Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins. About Bitcoin. Bitcoin is the original cryptocurrency released in 2009 as open-source software.It is a digital currency predicated on cryptographically secure transactions, a proof-of-work consensus model, and a decentralized, P2P distributed ledger network. Bitcoin again demonstrated its value as money without central control. Soon after the Greek crisis, China began to devalue the Yuan. As reported at the time, Chinese savers turned to Bitcoin to protect their accumulated wealth. 2015 Bitcoin chart by Tyler Durden of Zero Hedge. A current positive influencer of Bitcoin price, or at least perception, is the ">Argentinian situation. Argentina’s ... Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $171+ Sign in. Get started. Price charts Bitcoin price. Bitcoin price (BTC) Add to Watchlist $ 13,070.01 +0.56%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 10:56 AM 3:06 PM 7:17 PM 11:27 PM 3:38 AM ...
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