Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

...
The Dollar is not getting stronger. The Euro is getting weaker faster. ...

If that's so, what of Bitcoin? Fell ~60% rel. $ Undecided

Uranium was cheap until it was discovered what it could do.

Uranium was never expensive and THEN cheap Cheesy

When they started putting it in tonics, it went up. Then when they found out it killed its imbibers it went down.

Wasn't it radium water? You might also dig the x-ray shoe fitting machine (google pics).
Don't have the data on Radium prices for way back then, but the first chart that popped up looks like BTC

My point is that the price often reflects utility and that the utility of Bitcoin is of parallel importance as Uranium.

You bringing up radium water made me think of that other revolutionary modern wonder--the X-ray shoe fitting machine.
It was touted as the best-ever, 100% scientific approach to fitting shoes, and, in a way, it was.

It boosted sales and was quite popular for a while. Unfortunately, much like radium water, and for about the same reasons, it fell out of favor.
Besides, in most people's eyes, it was a solution looking for a problem. Sorta' like Bitcoin.
Soon, the most forward-looking shoe salesmen returned to using this crude gizmo:

Parallels are hard to ignore.

The uranium price chart? I put that up just for lulz, only because it resembled the BTC price--not implying any other similarities.