If Bitcoin Looks Like It Isn’t Trading, It’s Because It Isn’t

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The manic rally in bitcoin two years ago didn't last long--and hasn't returned

On Dec. 17, 2017, bitcoin hit its highest level ever—$19,783. It was a stunning move for an asset that traded under $1,000 at the beginning of the year. The manic rally enticed everyone from high-tech disciples to grandparents.

In the last week of November, with bitcoin trading at around $7,000,...

 

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Only 14% of the 18 million bitcoins outstanding exchanged hands during the last week of November, down from more than 50% about a year ago. One reason for the slowdown could be the 'sobering reality that creating new global monetary standards requires more than computer code'.

Yet. 😎

House of cards

Did Russia pay Trump and GOP in Bitcoin?

RIP⚰ WSJ after boomer is gone

strong BUY signal

Sad excuse for journalism. Check your facts, ok boomer?

Are you insane?

It’s not trading because maybe people are holding it as a long term play.

Still up 100% on the year, sux it fiat lovers.

Boomers, yall rly need to learn to code. Your pension are a scam and you will have to work until you are 100.

If u say boomer u may as well say im a dork who jumps on anything popular.

Higher lows. Every year but one....pretty impressive.

Tell me something that gives you a 100 percent return in one year.

OK boomer

good, we don't want manic adoption. we want sound money and sustainable long term growth, as logical investors should always aim for.

Boomers gonna boom

Psychiatric Interview: Manic Patient with Denial of Depression via YouTube

bottlepay 100 sats

Buy signal

bitcoin is the best performing asset in the last decade and is up over 100% this year

Bullish

Yep, no one is using It..... I’ll just drop this here.

Ok Boomer: the manic money printing of federalreserve has returned...where interest rates cannot get to 2.5% without cataclysm APompliano Rhythmtrader 100trillionUSD

Its up 125% on the year. And makes higher lowers every year so theres that

That’s a buy signal if I ever saw one

LOL boomers

Buy signal

tweet_stamp

It’s up 100% this year, you’re literally writing lies.

Learn something about market cycles before writing these kind or articles. You are making a fool of yourself.

It s up %150 this year you boomers!

Oh come on Bitcoin is still 100% according to last year...

All time high will be broken in 2020 and 150k incoming in 2021

dedication hodl

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