No you see, I am making graphics and posting about the prices so I can look back like this.
In Nov 2017 it was $7710 do you remember? November of 2017. It was not that long ago, just 1420 days ago. Today Bitcoin is falling from recent highs, around 43,156.74, and I wonder will we look back just like this in another 1420 days when Bitcoin is 5.59x greater.
$500 at 7710 was about 0.06485084 BTC which would now be worth around $2810.24.
$500 is approximately 0.01157930 BTC est right now. This therefore would be worth approximately $2797.16 at 421k BTC. Now, when BTC was only $7710, who could have predicted that just a month later it would shoot to over 19k? Will Bitcoin double from here before the crash? From 7814.94 to 19665.39 is 2.516384x , which I multiply by 43,156.74, to get $108,598.93.
Will these be two more small numbers
on the road to a million dollar coin?
I am making notes along the way.
Bitcoin could surprise us, even though I think it looks like its on its way down. When I think back, when did it ever really go down? After the start of 2018, but it only went down to $3811 in November 2018, and never was that low again. Bitcoin dropped to $5389 in March 2020 and then went up to $64,895.22 in 2021. Thats 12.04216x and if it does that again some day, wow.
