The post A Thanksgiving Toast to Bitcoin’s Wild Ride appeared on BitcoinEthereumNews.com.

Thanksgiving. The season of gratitude, family squabbles, and—if you’re a Bitcoiner—casually dropping your digital wallet’s latest performance at the dinner table to bewilder your great aunt who still pays with checks. Let’s take a moment to carve into Bitcoin’s performance through the years, because if there’s one thing more volatile than your cousin’s Black Friday shopping rage, it’s the price of digital gold. Starting from a humble $12.20 in 2012, Bitcoin was the obscure darling of a few cypherpunks and nerds. Fast forward to today, and it’s at a staggering $95,380. That’s the kind of growth that makes even the most optimistic stockbrokers weep into their S&P 500 charts. Source: BNC Bitcoin Liquid Index But Bitcoin’s journey isn’t a straight line to the moon—it’s a rollercoaster. Each Thanksgiving, Bitcoin has brought its unique brand of drama: 2013: $1,031. The first real “wow” year. Families everywhere asked, “What is a Bitcoin, and why does my nephew think he’s a millionaire?” 2015: $357. The vibe was humble—like the side dish no one notices but would miss if it were gone. 2017: $10,058. Suddenly, Bitcoin wasn’t just a conversation topic; it was the conversation. Tulip bubble comparisons flew faster than turkey comas. 2020: $17,717. As the world locked down, Bitcoin unlocked wealth. A pandemic-proof hedge, they said. 2021: $57,248. The high-water mark for those who felt like crypto gods—until 2022 rolled around. 2022: $16,215. A crypto winter so cold, it made Game of Thrones look like a tropical getaway. Now, here we are in 2024, with Bitcoin at a jaw-dropping $95,380. Whether you’re an OG hodler, a cautious DCA’er, or that person still Googling “what is blockchain?”, you have to respect the staying power of this asset. It’s defied skeptics, spurred innovation, and made Thanksgiving tables far more interesting for over a decade.…

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Filed under: News - @ November 28, 2024 11:23 pm