Monday 26 April 2021

For someone trading bitcoin on a 24 inch monitor in 2010, bitcoin has actually gone to the moon.


Bitcoin exchange trading first went live on Bitcoinmarket in March 2010 at a price of $0.003. Someone looking at a 1 minute chart might have it zoomed in so that a 2% move is encompassed in their chart. A huge 2% move of $0.00006 fill theirs screen, and their 24 inch 4:3 screen screen is about 18 inches (1.5 feet) all.Oh no. I cant believe I missed the move from $0.003 to $0.00306. Should I fomo in? Where will it go next?It is now April 2021 at a price of $53,500. The $0.00006 move has been repeated (53500/0.00006=) 891,666,667 times, and if each move is 1.5 feet for the monitor height, it has now moved 1,337,500,000 feet.The moon is 238,825 miles, or 1,261,000,000 feet away from the Earth.Bitcoin: 1,337,500,000 feetMoon: 1,261,000,000 feetBitcoin has actually gone to the moon via /r/Bitcoin https://bit.ly/3sQBGC7

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