This chart looks silly, I know. Turn on log to see it a bit better. It sounds absurd, but so does just about any market.
The only thing I can see stopping this is a return to the gold standard. As long as money can be printed for free, it will. Bitcoin can't.
I suspect we'll start seeing the qSAT (quadrillionSAT) shorthand or something, because you can always add more zeroes.
The only thing I can see stopping this is a return to the gold standard. As long as money can be printed for free, it will. Bitcoin can't.
I suspect we'll start seeing the qSAT (quadrillionSAT) shorthand or something, because you can always add more zeroes.
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This was drawn using a logarathmic scale and I probably should have used linear while zooming in to mark points.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.