Bitcoin Price Short Story:
The Birth: 2009 at no price was the first Blockchain Crypto-Currency, it didn’t really do anything and was only supported by its believers for the first few years.
The Rise: 2013, investors and speculators are more involved and started promoting it as the next big thing, the price soared, peaking out at $1,200.
The Fall: While many people soon realized was that it is still nothing can be done with the coins else than buy &sell like a stock, and the banks reach out that cryptocurrencies are a threat, the overall sentiment started switched from positive to negative, triggering a crowed cash out smashing the price down to $70.
The Resurrection: So since last few years something big happened. People in countries with unstable monetary systems looked at Bitcoin as a better alternative to store their wealth and value in replacement of their inflated crashing currencies, business owners as well started to accept Bitcoin for payments.
Social media and marketing, influences demand and pushed the price back up and Bitcoin as of February 2017 surpassing the of $1,200 barrier in a more stable situation than it was before.
Adoption is increasing day by day, new technologies and layers are being build on top the bitcoin network, paving the way for the next big era!
Resurrection is coming, there is no way out!