Bitcoin History and Conservative Future Charts to 2020
I have looked at the historical prices of Bitcoin, taken the Lows and Highs for each year since 2010 and put in an Average.
I created the chart using Microsft Word and got the values from Wikipedia for the years 2010 to 2016.
A closer look at the first 3 years.
As we can see 2013 was a big year for Bitcoin but prices receded during 2014 and 2015 with a slight pick up in 2016. Considering the ease of purchasing Bitcoin compared to the early years and its popularity has grown, I do not foresee any major falls, but a much steadier incline over the coming years. I believe I have been fairly conservative in the potential growth rate of Bitcoin.
Will the remainder of 2017 or 2018 see a huge growth in Steem as we have seen in Bitcoin, time will tell...
Thanks for sharing.
Never knew this
I think you're numbers are very conservative - I'd be surprised if we didn't see 6000 this year :)
I was being conservative, would love to see Steem take off like bc.
delete
I wish i would have gotten involved with bitcoin much much sooner. Instead I was stupid and thought it would fail when bitcoin first came out.... proved me wrong BIG time.