There’s no question about who won 2017. It was cryptocurrencies. But, more specifically, it was Bitcoin, which has absolutely exploded.
In 2017, Bitcoin, the one that started it all, went from less than $1,000 a coin to above $19,000 on the Coinbase exchange. Since then, it has pulled back some, but it’s still well above $16,000.
That high represents a better-than 1900% increase in price.
So other than my mother-in-law and niece and garbage man asking if they should get in, I decided to find out if there a trend in bitcoin that wasn’t there before now that people who aren’t typically traders or investors are interested.
What I found was especially interesting because it reminded me of another kind of currency rush…