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The crash came into existence in 2008 and Bitcoin began to rise in 2009. https://www.washingtonpost.com/news/the-switch/wp/2014/01/03/five-years-of-bitcoin-in-o
by KasianFranks 9y ago
The crash came into existence in 2008 and Bitcoin began to rise in 2009. https://www.washingtonpost.com/news/the-switch/wp/2014/01/03/five-years-of-bitcoin-in-one-post/?utm_term=.c51d1c8658eb https://www.washingtonpost.com/news/the-switch/wp/2014/01/03...
- JumpCrisscross 9y ago> Bitcoin began to rise in 2009 Bitcoin came into existence in January of 2009. What was it supposed to do? Start stealing its owners' money and go negative? Also, everything rose in 2009. The S&P 500 was up 23%. Bonds were up, commodities were up...that's what happens after you scrape past a global financial meltdown. Sure, Bitcoin was up like five thousand percent, but that's the difference between a tens of millions and hundreds of billion in market capitalisation, things that are very volatile and things that are not, and venture versus mature.
- KasianFranks 9y agoEverything rose but not before everything crashed in 2009: https://www.google.com/finance/historical?cid=626307&startdate=Jan+20%2C+2009&enddate=Jan+20%2C+2011&num=30 https://www.google.com/finance/historical?cid=626307&startda... Those who've hedged with crypto's as a trading vehicle are likely to win again during the next inevitable downturn.