Post
Topic
Board Speculation
Re: Bitcoin going strong
by
marjil
on 12/04/2018, 16:26:52 UTC
it takes $300,000,000,000 for gold price to go up by +1%

it takes $2,000,000,000 for Bitcoin price to go up by +1% (correction done)

It went up from $68001 to $8000 today in just one hour. That is 20% increase in one hour for bitcoin. I haven't seen anything in thye news to say why it jumped so much and so quickly so it just shows how unpredictable bitcoin can be.