Bitcoin $9,000…Shoulda, Coulda, Woulda

We did a family food tour in the East Village today.

Knish’s, dumplings, falafel, bagel and cream cheese and Economy Candy (a great candy store) in a few hours.

Oh and Bitcoin crossed $9,000 though so who cares about stupid food.

While Time magazine denies the latest lie from Donald Trump that he would be person of the year, I know that Trump is definitely (secretly) Bitcoin’s person of the year. Only Trump can bring the negligence, chaos and lack of understanding that will help Bitcoin thrive.

This would be a good time for a Bitcoin refresher course. I LOVE this newcomer cheat sheet by Jameson Lopp:

Learn it. Love it. Live it.

Jameson also put together a great resource and primer on all things Bitcoin so please bookmark it.

Look at the charts of Amazon and Bitcoin side by side (thanks Peter Brandt):

IN 6 YEARS BITCOIN HAS OUTPERFORMED BY 60% WHAT AMAZON HAS DONE IN 20 YEARS

It is truly amazing how price patterns driven by greed and fear repeat. Technology has obviously served to condense the time periods for these gains and patterns.

Here is a fun fact of the Day about Bitcoin

Only 1800 bitcoin are mined each day. I doubt a fraction of demand is met, even at $9,000 per Bitcoin.

Most of us continue to underestimate the Bitcoin phenomenon. I hope the information and resource links in this post help you a little bit more.

Disclosure – Long Bitcoin.


Also published on Medium.