Codifyre

Last year at this time Bitcoin was going haywire!  It was on what seems to be the never ending rise to THE MOON!   Until it stopped just shortly into 2018.  Totally unpredictable behaviour.  Stupid bitcoin!  Or is it?   There is a pattern.  Ok a few patterns but this one struck me as interesting.   If you check out the blog article or this podcast on Codifyre.com you’ll see a few graphs of bitcoin over the years.  The all time price isn’t really that interesting because the big 2017 Christmas spike kind of skews the whole thing but the idea is that it’s generally going up with basic awareness.  That doesn’t give it real value so much as real potential value.   What IS interesting is the behaviour of the price when the media gets involved and starts hyping it.  Part time thrill seekers get into the crypto band wagon and shit gets crazy.  In fact if you think last year was a bizarre anomaly, and do check out the price graph for Nov 4th 2017 to Nov 4th 2018 to get a feel for the signature of that crazy….   but