Bitcoin price managed to rise above the $5,000 mark in trading today, fulfilling the expectations and predictions of a number of Bitcoin faithful. However, it has also led to widespread concerns that a bubble is forming that will eventually crater the portfolios of many investors.
The massive rise is difficult to grasp, without considering what the value of what an investment would be had it been purchased last year.
Consider an average investor who purchased $100 of Bitcoin in September 2016 when Bitcoin was selling for $572. Had they managed to hold the currency through all the ups and downs of the last year, they would be sitting on $850 with today’s $5,000 price point.
https://cointelegraph.com/news/how-much-100-investment-in-bitcoin-a-year-ago-worth-now