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Bitcoin $100,000

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    Bitcoin $100,000

    From 500 bucks to $100k in 8 years (+20,000%). That's some doing.

    https://www.google.com/finance/quote...xAX&window=MAX

    With a market cap of $2tn, it's now bigger than Amazon.


    #2
    Originally posted by woody1 View Post
    From 500 bucks to $100k in 8 years (+20,000%). That's some doing.

    https://www.google.com/finance/quote...xAX&window=MAX

    With a market cap of $2tn, it's now bigger than Amazon.
    Which tells you everything you need to know
    Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

    Comment


      #3
      Originally posted by Zigenare View Post

      Which tells you everything you need to know
      Its now a more important phenomenon than Amazon?

      Comment


        #4
        Before the last halving, stock-to-flow of BTC was roughly equal to that of Silver. Both had a market cap of around $1tn.
        After last halving, stock-to-flow of BTC is a little below that of Gold. Gold has a market cap of $18tn.

        Face peeling volatility, but the direction of travel is clear.

        Comment


          #5
          Originally posted by willendure View Post
          Before the last halving, stock-to-flow of BTC was roughly equal to that of Silver. Both had a market cap of around $1tn.
          After last halving, stock-to-flow of BTC is a little below that of Gold. Gold has a market cap of $18tn.

          Face peeling volatility, but the direction of travel is clear.
          Oh yes. Number go up.
          Down with racism. Long live miscegenation!

          Comment


            #6
            I got given a miniscule amount of bitcoin in a promotional thingy a few years ago.

            It's now worth an amazing £2

            I might sell up and retire to Swindon.
            England's greatest sailor since Nelson lost the armada.

            Comment


              #7
              Originally posted by willendure View Post
              Before the last halving, stock-to-flow of BTC was roughly equal to that of Silver. Both had a market cap of around $1tn.
              After last halving, stock-to-flow of BTC is a little below that of Gold. Gold has a market cap of $18tn.

              Face peeling volatility, but the direction of travel is clear.
              Until it all turns to rattulip.

              The gamble is "If I pay this money now, will someone more gullible pay me more tomorrow?". Firstly I'm not that gullible in the first place and secondly I'm not that lucky - for those reasons, I'm out!
              Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

              Comment

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