Follow the bitcoin rate in real-time
Bitcoin always has a price, 24 hours a day and 365 days a year. The rate is based on international bitcoin exchanges where buyers and sellers come together. On this page you will always find the current bitcoin price in euros.
The price history of bitcoin
Since the launch of bitcoin in January 2009 until now, the price of bitcoin has experienced enormous volatility. Therefore, bitcoin regularly appears in the news when there is a price difference of more than 10% in a day.
When does this volatility decrease?
With a market value of around 11 billion euros (11/30/16), bitcoin can still be called minuscule compared to other capital markets. In comparison: the total market value of gold exceeds 6 trillion euros.
In such a small area, large players can cause large price fluctuations. In addition, relatively many day traders are active in bitcoin. That fact could increase the volatility, too. In summary, the volatility will continue for the upcoming period. We expect bitcoin volatility to decrease as the currency ages.
How will the bitcoin rate develop?
The person who can predict the price of bitcoin, can earn a lot of money. We are often asked about our expectations for the bitcoin course. In the short term, however, there is little to say about it. In fact, many factors have an impact and we can not monitor them. If tomorrow a new financial crisis develops, the price of a bitcoin will increase drastically. On the other hand, a negative statement from a government can lead to a decrease. Therefore, we recommend that investors structurally invest a fixed amount in bitcoin, for example, every month or week.
Only invest an amount that you are willing to lose
Last but not least, we always recommend investing an amount of money that you can lose. In our opinion, an investment in bitcoin is one of the most interesting you can do, but at the same time one of the most risky.