4 ms·
The real test is if this is still true by mid-Jan. The 2017-18 peak had a similar trajectory--Oct to Dec spike then fell by Jan--suggesting some weird tax relat
by boh 6y ago
The real test is if this is still true by mid-Jan. The 2017-18 peak had a similar trajectory--Oct to Dec spike then fell by Jan--suggesting some weird tax related activity. I'm curious to see if things play out the same way.
- jjk166 6y agoDec 2018 and Dec 2019 were both relative low points. It's also worth noting that bitcoin 15Xed in 2017, whereas it's only up 1.5X over 2020.
- csomar 6y agoIt's still very early if you are comparing this to the 2017 bubble. Bitcoin moved from the old all-time high to around x20 higher. That would put bitcoin price around $400.000. A really frightening amount of money has to be moved into the ecosystem to make bitcoin worth that much.
- cwkoss 6y agoIf Bitcoin's price increases by just 4x, it will have a larger market cap than any company in the world.