It's a widely known fact that in Bitcoin's history it would have been the best investment of the century, however, I never imagined that when visualised againtst it's competition it would look quite so... umm...
Anyway, thought this was worth sharing. Bitcoing being where it is right now, I thought it would be nice to have a gentle reminder of it's history from this point of view.
The video starts off by showing the S&P500 index against the Bitcoing BLX index, It then moves on to the Tesla TSLA chart just to illustrate that you get pretty much the same picture when using other stock charts that have performed well. I guess you could say the chart is essentially showing some sort of inverse log scale version of the regular Bitcoin / USD chart?
Not financial advice etc,
Biffy.
Anyway, thought this was worth sharing. Bitcoing being where it is right now, I thought it would be nice to have a gentle reminder of it's history from this point of view.
The video starts off by showing the S&P500 index against the Bitcoing BLX index, It then moves on to the Tesla TSLA chart just to illustrate that you get pretty much the same picture when using other stock charts that have performed well. I guess you could say the chart is essentially showing some sort of inverse log scale version of the regular Bitcoin / USD chart?
Not financial advice etc,
Biffy.