I have gone for business in about 45 minutes and 1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.
When Bitcoin cost $870 then $20 move is way less then when Bitcoin cost $300 so get used of $20 changes every hour now.
When Bitcoin will be $10000 then $100 moves will be tiny moves.
Yes, in terms of % move $20 is becoming less and less as the price increases. It is really hard to understand that a hero member is asking such questions.