July 2010…1 Bitcoin = $0.09, 1 Oz Gold = $1,188
Today…1 Bitcoin = $4,765, 1 Oz Gold: $1,322
At $79 billion, Bitcoin’s market cap is now greater than 87% of the companies in the S&P 500.
BTC made few All time highs today but the strength and belief in the market stems from the Altcoins also holding very strong except a few minor corrections. Again a very healthy sign IMO.