Tuesday, November 2, 2021

Bitcoin's price increased $23K in October. By comparison, it took Bitcoin from Day 1 until December 2020 to pass $20K.

When you think about all the history of Bitcoin, from Satoshi's mining through Silk Road and Mount Gox to the creation of Ethereum to the Bitcoin block size wars, the 2017 ICO craze, through multiple bear markets and the COVID black swan event. The whole story that tells since its creation.

All of that price action over all of those years - up, down, sideways (but always to the right, of course) - is less than what we saw last month alone. 31 days.

It's kind of mind-blowing when you sit back for a moment and think how far things have come versus how fast they're moving today.

Just a little bit of perspective to take when you're meme-poking Bitcoin with a stick to "do something."


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