Thats not a notable difference - it goes up and down all the time. Its renowned for its volatility. You can hardly say 'bitcoin seemed to be going only up' with a straight face - its been a rollercoaster since day 1.
Thats not a notable difference - it goes up and down all the time. Its renowned for its volatility. You can hardly say 'bitcoin seemed to be going only up' with a straight face - its been a rollercoaster since day 1.
It's had a few sharp downs. It's had a few long plateaus of a year or so.
But - from the perspective of yesterday going back a few months - it certainly seemed to only go up.
If the S&P was up over 59,000,000x in 12 years, people would say the S&P only goes up... I mean, they already say "stonks only go up".
The S&P keeps going up because if it went down the fed would lower interest rates until it started going up again.
I seem to remember that back then it was more "When you're down so low, the only way is up".
I should have grabbed a few score of those BTC for pocket change, but did not bother. Yeah, I know.
Child: Parent, parent, where does our generational wealth come from?
Parent: Well you see my child, back in 2012, I didn't buy a pizza...