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Weird that they chose the last 24 days, when I've been noticing for quite a long time that it's been stable just below 400. I've been watching bitcoin since it
by radarsat1 11y ago
Weird that they chose the last 24 days, when I've been noticing for quite a long time that it's been stable just below 400. I've been watching bitcoin since it was around 12$, and it's been amazing to me to see how stable it's been in the last 2 years despite a lot of recent drama, including the mtgox scandal, the story surrounding changes to the block size, etc.. If you look at the log-scale graph, it's been incredibly stable since 2014, roughly half of its history, as compared to the first half: http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zvzl http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25z...
Edit: To be clear, I'm not saying that varying from between 200 and 400 is by any means "stable", but compared to its growth in previous years it's incredible to me that it hasn't dropped back below 200 after the initial upswing to 1000, but rather has hit about half way (~400) and stayed there. To me this means people must be actually using it, not just randomly throwing it around, but I don't know. Someone thinks a single bitcoin is still worth about 430$ right now, and after all the ups and downs surrounding it over the years, I think that's kind of amazing. --
(personally I just wish I had never played around with buying and selling and had just held onto the 12 or so bitcoins I bought at 20$ in 2012... :( but, well, I'll count myself lucky, they probably would have gotten lost along with the 2 that I had in mtgox..)