For the record...
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Bitcoin vs Euro in 2011
Bitcoin Jan 1, 2011: $0.30
Bitcoin Jan 1, 2012: $5.27
Bitcoin Up 1,756% for 2011
(note that Bitcoin was the best performing asset class in the world in 2011 even after it fell from its price peak in the summer)
Euro Jan 1, 2011: $1.34
Euro Jan 1, 2012: $1.29
Euro Down 4% for 2011
Bitcoin vs Euro so far in 2012
Bitcoin Jan 1, 2012: $5.26
Bitcoin June 11, 2012: $5.51
Bitcoin Up 4.75% for 2012
Euro Jan 1, 2012: $1.29
Euro June 11, 2012: $1.25
Euro Down 3.2% for 2012
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--------
Bitcoin vs Euro in 2011
Bitcoin Jan 1, 2011: $0.30
Bitcoin Jan 1, 2012: $5.27
Bitcoin Up 1,756% for 2011
(note that Bitcoin was the best performing asset class in the world in 2011 even after it fell from its price peak in the summer)
Euro Jan 1, 2011: $1.34
Euro Jan 1, 2012: $1.29
Euro Down 4% for 2011
Bitcoin vs Euro so far in 2012
Bitcoin Jan 1, 2012: $5.26
Bitcoin June 11, 2012: $5.51
Bitcoin Up 4.75% for 2012
Euro Jan 1, 2012: $1.29
Euro June 11, 2012: $1.25
Euro Down 3.2% for 2012
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What the point of this?
The strength of a currency is the exchange rate but the spread
Stupid thread.
I thought it was pretty cool to find out "Bitcoin was the best performing asset class in the world in 2011 even after it fell from its price peak in the summer"