Update on the #bitcoin price in various currencies and on various time frames. Lets start with YTD, the price is up from 57% in the EU to 100% plus in Argentina, Brazil, SA, Russia, Turkey etc (prices are based on the official USD exchange rate and may differ in reality).
Bitcoin crashed harder then any other commodity or index earlier this year. Very few indices or assets has regained those losses. Meanwhile, #bitcoin is up in all currencies from mid February. From 6% in Sweden to 50% in Brazil and Zambia.
On a one year time frame. #bitcoin is up in all currencies in the world except for Sweden and Myanmar (down 1-2%). In Argentina, Brazil, Turkey and a few other places the price is up 40-50%.
If we look back two years, the price is up from 73% in Switzerland to 480% (~6X) in Sudan. In most currencies you would’ve at least doubled your money compared to keeping them in your bank account.
In a few currencies, the ATH isn’t at the end of 2017. It’s now! Sure if you bought everything at Dec 18 2017 you'd be down 20-40% measured in most currencies. But not if you lived in (and used the native currency) in Argentina, Brazil, Turkey, Sudan, Zambia or Haiti.
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