Fun Coincidence: Bitcoin Hits $3,136 Per Token on Its 3,136th Day of Existence

in #crypto7 years ago

Call it a coincidence, but the Bitcoin price reached $3,136 per token on its 3,136th day of existence (August 9, 2017).The digital currency was established on January 1, 2009.Although this is just a fun and useless statistic, it shows how the cryptocurrency has expanded by leaps and bounds since its creation. This also means that the virtual currency is already effectively worth one dollar for every day it existed.

Sign of Bitcoin’s phenomenal rise

This statistic can be considered as insignificant and could mean nothing to the majority of everyday consumers.Digging deeper, this coincidence shows how Bitcoin performed solidly over the years as compared to other cryptocurrencies. Based on careful examination, there are very few virtual currencies that are in existence today that can match or surpass Bitcoin’s feat.One Reddit user pointed out that even the fiat currencies like the dollar cannot match Bitcoin’s performance. In fact, fiat currencies are constantly losing their purchasing power to inflation. Bitcoin, on the other hand, has registered a rapid increase in purchasing power.

The author of the article   Joshua Althauser     https://cointelegraph.com/authors/joshua_althauser

Read more   https://cointelegraph.com/news/fun-coincidence-bitcoin-hits-3136-per-token-on-its-3136th-day-of-existence

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Moore's law? Haha this is fantastic.

Heres hoping the pattern continues with time .

That's kind of cool, in such a hot market!

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