This is a good write up, clear an to the point. It seem to miss the key points, although the data is there:
Bitcoin in 2011 - $29.24 down to $2.13 ... Bitcoin 2013 to mid 2015 - $1101.75 down to $192.98 ... Bitcoin 2017 to today - Almost 20K down to $6990.50
What is there but not pointed out or illustrated:
- Bitcoin in 2011 - . down ... to $2.13 ... Bitcoin 2013 to ... $1101.75 (517.25 X increase)
- down to $192.98 ... Bitcoin 2017 ... Almost 20K (100 X approx increase)
- projecting ... 20 X from 7,000 => 140,000 in a year?
Thank you for pointing out the increases!!
My pleasure!
I use the ratio of 5:1 and extend to the latest again to give 500:100 and then 100:20 - nothing scientific about it and all for fun and speculation.