Bitcoin's Parabolic Rise

14 de jan. de 2020

This is the price of Bitcoin over it’s entire history, relative to US Dollars. It has followed this parabolic curve it’s entire existence, and never fallen below it. One Bitcoin was worth a fraction of a penny when the software was first developed, to now over US $8000. It is, undoubtedly the best financial investment of all time for early adopters. If it continues to follow the parabolic curve, it will be worth US $1,000,000 around the year 2030. However, that’s a big if - no one knows precisely why it follows the parabolic curve, and if it will continue along it. There are only theories. One of them, the Stock to Flow model is very plausible. It doesn’t explain the parabola per se, but gives evidence of what drives the price.

14 de jan. de 2020

Nota

This is related to a discussion on Reddit, I will post a link to it shortly.

14 de jan. de 2020

Nota

reddit.com/r/BitcoinBeginners/comments/eomy8q/some_friends_asked_me_if_they_should_start_using/?utm_source=share&utm_medium=web2x