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Bitcoin was worth eight cents in 2010, but today it’s worth thousands. Spending about $7 on bitcoin in 2010 could mean you’re a millionaire now. But bitcoin’s value doesn’t always go up. Imagine if you had bought a thousand bitcoin in late 2013 — when the cryptocurrency was worth more than $1,100 a pop — and then watched its value plummet below $200 in just over a year.
It’s tough to predict exactly how much bitcoin will be worth in the future. Let’s explore how bitcoin has grown over the years and where it might be headed.