While Bitcoin was first used on 1/12/09, its value remained well under $50 until early 2013 when it hit $200 for the first time and $1,100 six months later. Bitcoin then collapsed, bottoming at $200 in mid-2015. Since then, it’s been on a tear and is now worth over $1,600. This is amazing as nations are cracking down hard on bitcoin exchanges to eliminate user anonymity and prevent money laundering.