BITCOIN DIARY: Boom! Bitcoin is now bigger than Goldman Sachs
'The great Segwit sweat of August, the great Jamie Dimon knifing of September and the great Chinese back-stabbing of recent weeks are all distant memories now. Amusing distant memories ...'
Bitcoin is back. That's right, the bulls, wolves and hyenas are running while the bear licks his/her/its wounds. Today, Bitcoin hit a NEW RECORD PRICE of no less than US$5856.10, pushing its market cap up to US$93.27 billion.As the graph below incontrovertibly demonstrates, the dog days are, in the immortal words of Florence and the Machine, over, the dog days are done. The dog days are overThe dog days are doneCan't you hear the horses'Cause here they come That's right, the great Segwit sweat of August, the great Jamie Dimon knifing of September and the great Chinese back-stabbing of recent weeks are all distant memories now. Amusing distant memories ... (By the way, I'm not really sure if the Florence and the Machine song is really about happiness ... it has, perhaps appropriately, a dark dimension. In fact, after reading this, it may not be an appropriate reference at all. But I'm keeping it in this article because it's brilliant ...)Looming, of course, is the great second segwi...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.