BITCOIN Crash!

[Mo06]

According to CoinMarketCap, there are 18.2 m bitcoins in existence.

BUT there were 10.5 m created at a price below $100.
And over 5 m at prices under a single dollar.

So why should those all those millions now be valued at over $ 5000 each ...? Makes no sense to me.

 

[Mo06]

Bitcoin - if you take the 18 m coins in existence, and take the average of the max price at which each million was created, you get a figure of very approximately $ 2000.

Using the average price not max for each million created, give a VERY rough calculation of about half that.

 

[Mo06]

Looks like we might get to that $2000 level soon at this rate...

 

[bublu]

Let see where it goes.. For now it is shaking the bulls and the bears are rocking!

 

[John_09]

Let see where it goes.. !

Well, that is all we can do.