Bitcoin, the synonym of digital currency, has been advancing rapidly since 2011 and has experienced a legendary journey. From its initial obscurity to the global attention today, the development of Bitcoin contains countless stories and changes. This article will lead readers to review the ups and downs of Bitcoin from 2011 to 2018, and explore the stories and influences behind it.

 The rise of Bitcoin

In 2011, Bitcoin quietly came out as a new digital currency, and the blockchain technology behind it attracted the interest of many technology enthusiasts. Bitcoin has a limited circulation and its decentralized characteristics have also attracted much attention. Under the shadow of the financial storm, Bitcoin is regarded as a safe-haven asset, attracting more and more investors. Its price has been rising all the way, triggering heated discussions and investment booms in the market.

 Technological innovation and challenges

As the price of Bitcoin continues to rise, blockchain technology has gradually received attention. People have begun to realize that blockchain is not only the underlying technology of digital currency, but also a revolutionary distributed accounting technology. Major companies have begun to explore the application of blockchain in finance, logistics, medical care and other fields, hoping to achieve secure information transmission and rapid value circulation through blockchain. However, along with it come many challenges such as capacity expansion and privacy protection faced by blockchain technology, which require the joint efforts of industry experts and technicians to solve.

 Bubble and Baptism

In 2017, the price of Bitcoin once broke through the historical high and reached an astonishing level. This move triggered a frenzy in the market, and speculators and exchanges poured in, pushing up the price of Bitcoin. However, the subsequent plunge made people re-examine the nature and risks of Bitcoin. Some investors entered the market because of following the trend and eventually suffered huge losses, which also made the market gradually rational, and the price fluctuations of Bitcoin gradually stabilized.

 Regulation and Compliance

With the popularity of Bitcoin and the expansion of the market scale, governments around the world have begun to pay attention to the regulation and compliance of digital currencies. Some countries have introduced strict regulatory policies in the hope of regulating the development of the digital currency market and preventing financial risks and money laundering. The compliance of Bitcoin has become a hot topic in the industry, and investors and exchanges have also begun to actively cooperate with regulatory authorities to promote the healthy development of the digital currency market.

 Future Outlook

Although Bitcoin has experienced twists and turns in 2018, it still has great potential as a new financial instrument. The continuous innovation and application of blockchain technology will bring new development opportunities for Bitcoin, and the digital currency market will also welcome more investors and innovators. In the future, Bitcoin is expected to become a global digital currency, bringing revolutionary changes to the financial system.

The journey of Bitcoin is full of ups and downs, but it also contains huge opportunities and challenges. As a new financial tool, Bitcoin is redefining the concept and form of currency and leading a new era of digital economy. Let us wait and see, witness the future of Bitcoin, and explore the infinite possibilities of digital currency together.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

In the past, Bitcoin was less than one dollar, and people even used it to buy pizza. But now a single Bitcoin is worth tens of thousands. Little do people know that Bitcoin has also experienced the baptism of time.

Let's take a look at the historical increase of Bitcoin:

1. In 2011, it fell from a high of 176 yuan to 14.01 yuan.

2. In 2012, it plummeted from 103 yuan to 51.11 yuan.

3. In April 2013, it plummeted from 1944 to 300 yuan.

4. At the end of 2013, it plummeted from 7995 to 2010 yuan.

5. In December 2015, it plummeted from 3350 yuan to 1858 yuan.

6. On January 5, 2017, it plummeted from 8888 yuan to 5011 yuan.

7. In the week of May 25, 2017, it plummeted from 19084 yuan to 12355 yuan.

8. In the week of August 17, 2017, the price plummeted from 30,299 yuan to 25,000 yuan.

9. In the week of August 31, 2017, the price plummeted from 32,350 yuan to 22,592 yuan.

10. In the week of September 8, 2017, the price plummeted from 29,310 yuan to 22,600 yuan.

11. In the week of November 9, 2017, the price plummeted from 49,500 yuan to 36,000 yuan.

12. In the week of December 12, 2017, the price plummeted from 110,000 yuan to a minimum of 66,000 yuan.

13. In 2018, the price fluctuated between 110,000 and 80,000 for three consecutive weeks.

Are you afraid of such a sharp rise and fall in Bitcoin?