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Author Topic: Why is the bitcoin value skyrocketing?  (Read 5256 times)
LMGTFY
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April 23, 2011, 05:11:06 PM
 #21

Take a look at historical values, particularly using a log scale (as the link does). The current rally isn't as dramatic (yet!) as the November 2010 or February 2011 rallies. This seems to be how the BTC/USD rate goes - quick, sharp rises followed by slow, shallow readjustments.

In other words: enjoy the ride while it lasts, and don't panic when it ends!

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