This page has been archived and commenting is disabled.

The Complete Annotated Price History Of Bitcoin

Tyler Durden's picture




 

News about Bitcoin suddenly seems to be everywhere. The severe technological and security problems that have led to the outright collapse of Mt. Gox – the largest bitcoin exchange globally - on top of the stunning spike in bitcoin prices by more than five-fold late last year and spectacular collapse (then some rebound!) since, some high-profile arrests in the Bitcoin universe, and a swath of regulators and government officials beginning to weigh in on the subject have pushed Bitcoin and digital currencies into the headlines enough to warrant Goldman Sachs discussing it.

 

 

In context, as Bitcoin prices rise...

 

And Goldman's full Top Of Mind report on Bitcoin...

Goldman All About Bitcoin by zerohedge

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 03/12/2014 - 20:44 | 4541139 lickspitler
lickspitler's picture

Bitcoin Bitchez . Jewellery (Gold n Silver) is for chicks !

Wed, 03/12/2014 - 20:45 | 4541149 RideTheWalrus
RideTheWalrus's picture

Gold & Silver gets you chicks.

 

Wed, 03/12/2014 - 20:47 | 4541159 The Alarmist
The Alarmist's picture

Yawn ... haven't we made Max Keiser and the Winkelvii rich enough in fiat terms?

Wed, 03/12/2014 - 20:52 | 4541175 zionhead101
zionhead101's picture

Moar REAL CASH for WinkelFucks, and FoneyStar, and Karpeles, ... once these sharks tasted blood they want it all, and they will never stop until the MSM is told to STFU.

When will that happen? GUBMINT likes BITCOIN,... ejoy the show, and look, but do NOT TOUCH.

 

Wed, 03/12/2014 - 21:17 | 4541250 fonestar
fonestar's picture

OMG TYLERS ARE YOU TRYING TO OVERWHELM THE RSBT?

Wed, 03/12/2014 - 22:03 | 4541390 The Dunce
The Dunce's picture

Like Icarus, Bitcoin flew too close to the sun.  Now they are toast.  Bastards.

Wed, 03/12/2014 - 22:24 | 4541466 Ralph Spoilsport
Ralph Spoilsport's picture

Jesus thinks your blog sucks.

Wed, 03/12/2014 - 23:40 | 4541714 David449420
David449420's picture

I reposted this up near the beginning of the comments because I think that this is something that should be implemented.

ZH should have an "Ignore" toggle like Napster did in the beginning.  If someone was obnoxious and offered nothing relevant to the discussion, you could hit the ignore button & you no longer saw any of their comments any more.  Quite effective. "Fonestar" would quickly change his asshole behavior if no one was actually responding to his comments because they were not even seeing them.

Thu, 03/13/2014 - 00:12 | 4541805 fonestar
fonestar's picture

fonestar did not come here to be an asshole but responded in kind to the insults and general idiocy displayed.

Thu, 03/13/2014 - 01:14 | 4541913 Exponere Mendaces
Exponere Mendaces's picture

@fonestar

They can't ignore it now, one of their masters is writing analysis and coverage. But of course, when it was mentioned to the ZH unwashed years ago, nobody gave two shits - being the forward-looking entrepreneurs they are.

Funny as hell, isn't it?

Hope you're ready for the summer mega-rally, its going to be a fun one. Gold Parity, hell, its going to punch up like a Saturn V rocket off the launchpad. But keep calling it "dead", you barking seal trolls, you really make me laugh when I refresh my balance.

Take care man, get ready for the fun!

Thu, 03/13/2014 - 04:37 | 4542065 frenzic
frenzic's picture

Let me repeat the question you failed to answer in the other thread

How's that parity working out for you NOW asshole

Thu, 03/13/2014 - 07:33 | 4542204 Mike Hunt III
Mike Hunt III's picture

Care to make an end of year bitcoin price prediction? Here is mine: bitcoin will be over $3000 or under $50.

Thu, 03/13/2014 - 08:51 | 4542367 ElvisDog
ElvisDog's picture

Look at that price action chart and tell me how it's ready to "head to the moon" or whatever. Looks like a descending wedge pattern to me.

Thu, 03/13/2014 - 09:45 | 4542560 fonestar
fonestar's picture

What type of idiot are you?  From $0 to $650 in five years?

Thu, 03/13/2014 - 11:14 | 4542958 frenzic
frenzic's picture

from 0 to around 1200 in a couple of years

cries of parity ensue (that's you dickhead mendes and some other bitkids too)

1200 to 700 in no time at all

parity crybaby suddenly forgets all about his sure fire paritiy predictions (eh mendes)

700 to I don't know 850 or so

partiy cries ensue

Oops now we go down to what 600

more hiding from the parity bitch

After a long sideways but mostly downward sloping skid shit gets pumped once more we hit about 640 and one more time the parity crying sissy comes out of hiding

because this summer MAN we are locked and loaded

Sure.

 

Why don't you stop pretending there is any stability going on with these nonsense "coins", 0 to 650 is not true and you know it.

Wed, 03/12/2014 - 20:54 | 4541181 nmewn
nmewn's picture

Oh, they'll think of something else to suck in peoples saved labor, of that I have no doubt...lol.

Wed, 03/12/2014 - 20:59 | 4541195 centerline
centerline's picture

I'm thinking they are going to pull something funny with healthcare...  oh, wait.  Well, next it has to be IRA's and such... hmmmm.

Wed, 03/12/2014 - 21:08 | 4541226 DoChenRollingBearing
DoChenRollingBearing's picture

From Goldman-Sachs?  Sure read it if you want, I won´t bother.

Wed, 03/12/2014 - 21:21 | 4541258 Skateboarder
Skateboarder's picture

"*Assumes gold price of $1270/oz."

LOL!

Wed, 03/12/2014 - 21:30 | 4541278 fonestar
fonestar's picture

fonestar owes much thanks to Max Keiser for getting him into Bitcoins at $16.

Wed, 03/12/2014 - 21:39 | 4541310 DoChenRollingBearing
DoChenRollingBearing's picture

Tip Max Keiser then.  I am sure that he would appreciate it.

Wed, 03/12/2014 - 22:19 | 4541443 fonestar
fonestar's picture

fonestar has donated to the show before.

Thu, 03/13/2014 - 00:44 | 4541868 tocointhephrase
tocointhephrase's picture

Stacey...is that you?

Wed, 03/12/2014 - 20:43 | 4541145 fonzannoon
fonzannoon's picture

Lets start a trend right here, tonight. Nobody respond to fonestar from now on.

Also Akak come backak. 

Wed, 03/12/2014 - 20:51 | 4541171 Ralph Spoilsport
Ralph Spoilsport's picture

I'm in. (waves to akak)

Wed, 03/12/2014 - 20:53 | 4541179 Rock On Roger
Rock On Roger's picture

Me too.

 

Free Akak

Wed, 03/12/2014 - 21:12 | 4541232 DoChenRollingBearing
DoChenRollingBearing's picture

Que regrese, akak!  A gringo now in Peru misses your remarks.

 

I´ll say it for you R.O.R: Stack On

Wed, 03/12/2014 - 21:22 | 4541265 Skateboarder
Skateboarder's picture

akak pretty much single-handedly kept AnAnonymous at bay. A valiant warrior!

Wed, 03/12/2014 - 21:28 | 4541272 fonestar
fonestar's picture

...but couldn't deal with the RSBT.

Wed, 03/12/2014 - 21:33 | 4541286 DaddyO
DaddyO's picture

I proposed doing this very thing of ignoring pests in another thread a few minutes ago.

I lost my mind earlier in the day and got caught up in the undertow of BaloneyStar.

Best way to deal with pests is to put on pest repellent in this case, don't respond.

DaddyO

edit: Free F_S!!!!!

Wed, 03/12/2014 - 21:38 | 4541308 fonestar
fonestar's picture

The best way to deal with pests is to get them in the same place and exterminate them!

free F_S!  (fonestar).

Wed, 03/12/2014 - 22:07 | 4541405 DaddyO
DaddyO's picture

Free Francis_Sawyer!!!

Some pests aren't worthy to carry his jockstrap!

DaddyO

Wed, 03/12/2014 - 22:27 | 4541475 fonestar
fonestar's picture

So why do you come to a Bitcoin thread if you don't want to deal with radical Bitcoinism?

Thu, 03/13/2014 - 07:37 | 4542206 Mike Hunt III
Mike Hunt III's picture

Free radicals.

Wed, 03/12/2014 - 21:48 | 4541326 Ralph Spoilsport
Ralph Spoilsport's picture

.

akak pretty much single-handedly kept AnAnonymous at bay.

Don't forget the FourthStooge-ing who provided enfilading fire. Funny as hell when the two of them got going.

Thu, 03/13/2014 - 04:22 | 4542069 frenzic
frenzic's picture

I had no problem with those AnAnonymous posts. I thought they were quite funny.

Wed, 03/12/2014 - 21:20 | 4541257 fonestar
fonestar's picture

Stack off.

Wed, 03/12/2014 - 20:56 | 4541187 centerline
centerline's picture

Yeah. AKAK.  Come back and have some fun.  There's only one way out... banishment.  Don't wuss out.  Die like a man... ha ha ha.

Wed, 03/12/2014 - 21:21 | 4541261 fonestar
fonestar's picture

Be a real virtual man like fonestar.  Come and fight!

Wed, 03/12/2014 - 21:32 | 4541284 Miffed Microbio...
Miffed Microbiologist's picture

Well, "real men and "virtual" generally are mutually exclusive but I will say many here have dispensed that prejudice I had.

Miffed;-)

Wed, 03/12/2014 - 21:42 | 4541319 fonestar
fonestar's picture

Most people here believe that only things they can touch are "real", which puts their mentality somewhere back in the dark ages when people were just beginning to learn about infectious diseases and such.  fonestar works with virtual technologies everyday, built a career around them and they are very much real.

Wed, 03/12/2014 - 21:53 | 4541361 Miffed Microbio...
Miffed Microbiologist's picture

Tangible reality does have its place fonestar. Virtual reality as well. But I can attest to the fact when reality insists, you will listen whether you wish to or not. Speaking as a professional who have witnessed many a gaped face in this regard.

Miffed;-)

Thu, 03/13/2014 - 07:23 | 4542176 daemon
daemon's picture

" Tangible reality does have its place fonestar. VIRTUAL REALITY as well. "  

Finally, what could be reality ?

The Hindus talk about Maya. "It's real simply because it has some effect on me."

 

Wed, 03/12/2014 - 21:32 | 4541289 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1 for the self-declared virtual warrior.

Hey, maybe fonestar IS a virtual warrior!

Any of you who are really good at programming might come up with a worthy opponent for fonestar, but, it better be a really good bot!

Wed, 03/12/2014 - 21:31 | 4541282 fonestar
fonestar's picture

can't take it, can you?

Wed, 03/12/2014 - 21:08 | 4541180 Flux
Flux's picture

A Bitcoin dialogue without Fonestar is like a horse without Putin.

Wed, 03/12/2014 - 21:29 | 4541274 fonestar
fonestar's picture

They are angry that fonestar is here to break up their Bitcoin-bashing tripe.

Wed, 03/12/2014 - 21:19 | 4541255 fonestar
fonestar's picture

Lets start a trend right here, tonight. Nobody respond to fonestar from now on.

Also Akak come backak.

 

You will respond!

Wed, 03/12/2014 - 22:53 | 4541568 tmosley
tmosley's picture

Not responding to fonestar is literally the best thing that could happen to civil discourse on the subject of bitcoin.

Note to fonestar: shut the fuck up, you are hurting your own position with your bullshit.  Let other people who aren't assholes talk about and defend BTC from the haters.

Wed, 03/12/2014 - 23:35 | 4541699 CognacAndMencken
CognacAndMencken's picture

 

 

You're pretending to be an advocate of civil discourse?? YOU - of all people??!!

First you pump silver on its way to $50 with all sorts of ridiculous hyperbole and nonsense....... then it crashes.

Then you obnoxiously pump BTC, only to watch it crash, too.

You're 0-2 Mosley. It would be difficult to find anyone on the internet who has lost more wealth than YOU, during a period when anyone could have converted their fiat into almost anything and seen huge gains.  It takes some pretty unbelievable ignorance to pick the two biggest LOSER trades in the past few years to pour all your money into.  I mean, seriously, Mosley.... both your recommendations are basically the two biggest CRASHES the market has seen in the past 5 years.  *LOL*  Two picks, and two spectacular crashes.  That's some bad pickin'....

All you've done is chase two momentum trades straight into the ditch.  You're EXAMPLE A for "MARKET LEMMING."  God only knows how much money was lost on your recommendations.  Perhaps it is YOU who should remain quiet.  

Thu, 03/13/2014 - 00:14 | 4541808 fonestar
fonestar's picture

What's up with that tmosley?

Thu, 03/13/2014 - 00:35 | 4541854 Grosvenor Pkwy
Grosvenor Pkwy's picture

I love fonestar. His obnoxious attitude, factual misstatements, and total lack of logical reasoning saved me from losing a lot of time, money, and effort on Bitcoin. He reveals Bitcoin as the total scam that it is.

Thu, 03/13/2014 - 00:44 | 4541859 fonestar
fonestar's picture

What "factual misstatements"?  fonestar understood why he was in Bitcoin at $16.  He still does at $630.  None of you understood anything.

And as if any of you geezer morons would have been able to get Bitcoin anyway.

Thu, 03/13/2014 - 01:15 | 4541918 Exponere Mendaces
Exponere Mendaces's picture

@fonzannoon

LOL, you guys have as much self-control as a drunk in a distillery.

 

Wed, 03/12/2014 - 20:45 | 4541150 aphlaque_duck
aphlaque_duck's picture

market cap means absolutely dick for Bitcoin.

This is not an entity that can be sold by shareholder approval. It's a commodity more scarce than a kilo of gold. Market cap is only the last unit sold times the number of units. It means nothing either way as far as what the total pool is worth.

Wed, 03/12/2014 - 20:52 | 4541168 CH1
CH1's picture

The exchange price of Bitcoin is a function of supply and demand, nothing else.

Shit is useful, bitchez.

Wed, 03/12/2014 - 20:57 | 4541190 zionhead101
zionhead101's picture

90% of BITCOIN mining is controlled by ONE MAN.

90% of BITCOIN EXCHANGES was controlled by one man, and now that exchange is locked up.

All along the exchanges/mining controlled the price, they have BUYER's, but its impossible to get your money out of BITCOIN, this is why MT-GOX imploded the "Run on the MT-GOX" bank could not be controlled.

So now WINKELFUCKS are sitting the price, so fucking what.

PRICE of BITCOIN don't mean fucking shit.

Funny ZH likes to say that GOLD is controlled, or the stock-market, ... but that BITCOIN is a real 'rebel currency', when in fact 'gold' is the freest trading thing on the planet, as all asians have it in their hands at home and can easily trade anytime.

All BITCOIN had to pass through a "GATE" the gate was called an exchange, and all exchanges COLLUDED on price.

BITCOIN is fucking DEAD, and only MORONS are still playing the game, and only SOCIOPATHS (ZH) are still pumping and dumping the bitch.

Wed, 03/12/2014 - 21:13 | 4541238 DoChenRollingBearing
DoChenRollingBearing's picture

I presume you have a decent link or two to back that up?

Wed, 03/12/2014 - 21:17 | 4541249 zionhead101
zionhead101's picture

You can lead a moron to a link, but you cannot make him click.

[ at the other end of the link, even if they did click, if they didn't find a youtube video, they would flee ]

Everything about BITCOIN fraud can be found at the wikipedia.com/bitcoin, all else is FRAUD bullshit.

 

Wed, 03/12/2014 - 21:43 | 4541299 DoChenRollingBearing
DoChenRollingBearing's picture

I am open-minded.  Send out a link or two, I´ll take a look.  So will others.  You would be doing a service to us all.

I have read wikipedia´s article on BTC, I did not see anything toxic there.

 

EDIT:

Are you our friend Satoshixxx with our next president´s mug?

Rather than dumping on BTC, tell us more about Yunnan Province, I too have read that it is lovely.

Wed, 03/12/2014 - 22:23 | 4541459 Rock On Roger
Rock On Roger's picture

Maybe the alter-ego of another prolific poster with lots of reddies?

Wed, 03/12/2014 - 22:16 | 4541433 Bunga Bunga
Bunga Bunga's picture

Not needed, he just saw it on Keynesian TV.

Thu, 03/13/2014 - 10:05 | 4542630 withglee
withglee's picture

On the planet I live on, the Federal Reserve Note and metal tokens are the "freest trading thing on the planet". If I want to trade my silver quarters or my physical (or logical) GoldGrams for a tank of gasoline, I must first convert them to FRNs or current metal tokens ... and that conversion is "not" free. The same would be true for my collection of beer cans (aluminum), my collection of water heaters (steel), or my collection of dirt (my property).

Wed, 03/12/2014 - 21:13 | 4541237 aphlaque_duck
aphlaque_duck's picture

How does the present exchange price tell you anything as to what the other 99.9% might be offered for?

Bitcoin is consolidating into stronger hands. Once the early adopters have their boats, they become strong hands for the remainder of their coin.

The present exchange rate is absolute froth until it is more widely held.

Wed, 03/12/2014 - 20:50 | 4541165 zionhead101
zionhead101's picture

FUCK BITCOIN

and the Tyler Bitches that PUMP&DUMP the bitch

Fonestar is Tyler

*

Market Cap is interesting, so fucking what BITCOIN never got more CAP than Cabbage Patch Dolls or Beanie-Babys.

Rather than Tyler Bitches comparing BITCOIN to real shit like GDP of shitty countrys, why not compare BITCOIN to great frauds in history.

Bitcoin

Cabbage Patch Dolls

Beanie Babys

Ponzi

South Sea Bubble

Tulip Mania

Then you have something, but to compare a 'Fraud' with real is fucking bullshit,

ZH told you they would take you and your money places, they never said they would be good places.

Wed, 03/12/2014 - 20:51 | 4541172 CH1
CH1's picture

Go the fuck away.

Wed, 03/12/2014 - 20:53 | 4541178 zionhead101
zionhead101's picture

Tell us how you really feel about BITCOIN.

Wed, 03/12/2014 - 22:31 | 4541492 fonestar
fonestar's picture

Your stats are fake as shit.

Wed, 03/12/2014 - 20:56 | 4541188 ebworthen
ebworthen's picture

In the big picture Bitcoin and crypto currencies have as much validity as the FED/Washington/Wall Street ponzi markets and economy.

Wed, 03/12/2014 - 22:01 | 4541385 Bunga Bunga
Bunga Bunga's picture

For every bitcoin there is 8 million Dollar of debt, but the whole world is still chasing Dollars while everyone who only remotely heard of bitcoin hates it. So the real tulip mania is ........?

Wed, 03/12/2014 - 20:55 | 4541184 ebworthen
ebworthen's picture

Pretty sure Bitcoin is a better investment than GM.

Just ask GM Bondholders and defective ingnition owners.

Thu, 03/13/2014 - 10:05 | 4542631 Citxmech
Citxmech's picture

Well shit, that ain't saying much.  Tulips are probably a better investment than GM.  

Wed, 03/12/2014 - 21:57 | 4541370 Bunga Bunga
Bunga Bunga's picture

First Krugan says it's evil, now Roubini says it is a Ponzi, it's used for criminal activities and can be hacked. So stay away from bitcoin, these Great Keynesians  told you so.

Wed, 03/12/2014 - 22:08 | 4541407 CH1
CH1's picture

Save the Fed - Kill Bitcoin!

Wed, 03/12/2014 - 22:14 | 4541430 Scipionz
Scipionz's picture

love the sarcasm!

Wed, 03/12/2014 - 22:59 | 4541573 David449420
David449420's picture

ZH should have an "Ignore" toggle like Napster did in the beginning.  If someone was obnoxious and offered nothing relevant to the discussion, you could hit the ignore button & you no longer saw any of their comments any more.  Quite effective. "Fonestar" would quickly change his asshole behavior if no one was actually responding to his comments because they were not even seeing them.

Wed, 03/12/2014 - 23:10 | 4541626 Mine Is Bigger
Mine Is Bigger's picture

Tradehill went belly up around 2011-2012.  Does anyone recall in what month?  Thank you!

Thu, 03/13/2014 - 00:31 | 4541847 TheHound73
Thu, 03/13/2014 - 01:17 | 4541922 Schmuck Raker
Schmuck Raker's picture

[sigh] Never a Stolper when you need one.

Thu, 03/13/2014 - 05:19 | 4542114 zionhead101
zionhead101's picture

Goldman-Sacks/ZH RIP BITCOIN New Asshole

Goldman Sachs: Bitcoin Is Not A Currency
TechCrunch-14 hours ago

Goldman Sachs thinks that Bitcoin believers need to take a cold shower, drink some coffee, and sober up. In the wake of Mt. Gox's collapse, the ...

Goldman Sachs Sees Bitcoin Future in Payments Over Money
Bloomberg-8 hours ago

Goldman Completely Obliterates Bitcoin In New Report
Highly Cited-Business Insider-13 hours ago
Bitcoin Isn't a Currency, Can't Replace Gold: Goldman Sachs

Thu, 03/13/2014 - 08:21 | 4542291 Mike Hunt III
Mike Hunt III's picture

I'm giving away $100 in bitcoins ($50 each) to the first two bitcoin haters addresses. You know who you are. Only rule: must have posted negatively on ZH about bitcoin prior to my post. Example posts: 1. Burn in hell bitcoiners! 2. Bitcoin is worth less than dogshit. 3. Bitcoin has no intrinsic value and isn't backed by anything.

Offer good for next 3 hours.

Thu, 03/13/2014 - 11:17 | 4542996 TheHound73
TheHound73's picture

Damn, I should set up a double reverse troll acount.

But that's a pretty generous offer, man.

Thu, 03/13/2014 - 11:10 | 4542964 painlord-2k
painlord-2k's picture

The most important part of the price of bitcoins is is not zero or lower than the previous top.

BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying
BITCOIN is dying

NOT

Thu, 03/13/2014 - 14:15 | 4544049 Prisoners_dilemna
Prisoners_dilemna's picture

"News about Bitcoin suddenly seems to be everywhere."

Thankfully we've been talking about bitcoin here on ZH since before it was cool.

This has allowed many readers to position themselves.

Other readers just ran their mouths and missed the opportunity of a lifetime.

Do NOT follow this link or you will be banned from the site!