Apr

8

To put the size of the bitcoin market in perspective, the total value of the bitcoin market is about the same as the US 2012 commercial tobacco market which was $1.55 billion dollars.

Funny thing about markets and human behavior. When bitcoins were 10 cents each (not that long ago), nobody, not even professionals wanted them. Now, at $160, everybody wants them. There is an obvious market lesson in that.


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