Fascinating Bitcoin history

Last I looked at Bitcoin price it was around $500 – now ~ $2750 
It may or not be independent of government control – then too it is not independent of the exchanges.


Looks like a “bubble” started around event 64.  when will it burst?

Well if you reduce the span to 1 year, clearly the election of Trump & then the Winkelvos etf .
I say the rejection of hedge funds on bitcoins was the plus by the FEC.  Remember Zuckerberg had problem with them. Making money on money seems counter to bitcoin philosophy since the value management of blockchain seems to be the point.  It is all relative.  THe rise in the price of gold signals the loss of value of the $.  Same goes for bitcoins since they are market valued. Then too there is Gresham’s Law
Countering all of that may be that more people want to get away from money – bitcoin crosses all currencies & exchange something else so they need to get some in the first place. It may not be a bubble in the traditional sense.

I watched https://www.amazon.com/Bitcoin-Rebellion-Beginning-Andreas-Antonopoulos/dp/B06XNNC6RB/ref=sr_1_1?ie=UTF8&qid=1497367590&sr=8-1&keywords=Bitcoin+the+rebellion – 

the guy is also on Youtube https://www.youtube.com/watch?v=l1si5ZWLgy0 slightly different talk. Was bored with the usual shit on TV while eating my beans & ham.

For the seedy side of hedge funds watch the series Billions <– very interesting