Here's a 1 year btc chart, let's talk about it
Particularly how the 'BMGSTD' and 'AMGSTD' (Before & After Mt Gox Site Take Down) reshapes our perspective on, and future of, Bitcoin.
Late Jan and early feb is when the BTC community was in shock, the marketplace was desolate compared to the time just before or after it.
Notice how when btc holders got what they prayed for: 'another chance to buy btc at $500+', instead of a mad rush to buy, buy, buy, they sold, sold, sold; the sell-off recorded the 2nd highest in bitcoin history.
To me, the world is pretty comfortable with a $600+ btc, but aactually frightened by a $500+ btc. Wish we had a chart from Coinbase to get feel of what the USA thinks about BTC AMGSTD
What do you gleem from the chart(s), how are you protecting your bitcoins?
