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No one bought at 19k/BTC. And if they did, they likely bought petty amounts. Most people bought before. We believe that there may be an alternative to governm
by robertAngst 8y ago
No one bought at 19k/BTC.
And if they did, they likely bought petty amounts.
Most people bought before. We believe that there may be an alternative to government currency in a rare number.
I didnt lose 90% of my wealth.
I actually got an extra 0.6 BTC since Jan 2017. I consider that an increase.
- arcticbull 8y agoTons of people bought at 19K. That’s when transaction counts peaked from historical graphs. And at 18k, and 17k and so on. This isn’t in dispute the historical data speaks for itself, not opinion. [1] They bought huge quantities, multiplication tells us that. And anecdota of people taking out massive loans because they couldn’t lose. Most bought in the cumulative run up from mid to end of 2017, again, charts. [1] You lost 90% of your buying power. [1] https://data.bitcoinity.org/markets/volume/5y/USD?c=e&t=b&vu=curr https://data.bitcoinity.org/markets/volume/5y/USD?c=e&t=b&vu...
- deleted 8y ago[deleted]
- jen729w 8y agoYeah, the price was $19k. Therefore, by very definition, people bought at $19k. Otherwise the price wouldn't have been ... ah, it's hard to get through to people sometimes. Loved your analysis in this thread, thanks.