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It jumped ~2000 dollars USD in less than 2 months https://www.coindesk.com/price/ https://www.coindesk.com/price/
by forkLding 9y ago
It jumped ~2000 dollars USD in less than 2 months
https://www.coindesk.com/price/ https://www.coindesk.com/price/
- 2_listerine_pls 9y agoWe have seen that story over and over in the last few years. it goes from 1 to 2, then from 2 to 4, etc...
- quickthrower2 9y agoIts an arbitrary psychological milestone. 5k is a lot of money for a "coin'. Of course the base is arbitrary. I'd argue for the programmers to do a 'stock split" so that new Bitcoin is 1/1000th of old and new price is $5, so it can again go up to 5k.
- forkLding 9y agoWell press all on the timeline below: https://www.coindesk.com/price/ https://www.coindesk.com/price/ and you will see what I mean. A huge jump in pricing (~3500 USD) in less than 5 months is a jump in popularity no? Like individually it seems small, but once you realize the market cap, its pretty big. If this was Apple stock price in the same scale of time (Apple's market cap jumps 350% in 5 months, note that Apple stock price has always been less than Bitcoin so it would be even greater if for Apple), people would be running around screaming and asking why Apple stock suddenly became so popular.