AmberApp on Nostr: Exactly 11 years ago, on December 5, 2013, Bitcoin reached Gold Parity Day—when its ...
Exactly 11 years ago, on December 5, 2013, Bitcoin reached Gold Parity Day—when its price matched an ounce of gold for the very first time.
Bitcoin breached $100k for the first time today. But this day holds another historic milestone.
While some claim this happened on March 3, 2017 (or even March 2), those accounts miss crucial context.
In 2013, MTGOX dominated Bitcoin trading, handling ~70% of global volume. Most modern platforms rely on newer exchanges like Coinbase, which weren’t as relevant back then.
When you dive into data of MTGOX's full history, the truth emerges:
Bitcoin’s first-ever Gold Parity Day was December 5, 2013.
On this day, Bitcoin briefly matched the price of 1 oz of gold, piercing through what many thought impossible at the time.
Bitcoin is rewriting history again, exactly 11 years later. 🤗🚀
Bitcoin breached $100k for the first time today. But this day holds another historic milestone.
While some claim this happened on March 3, 2017 (or even March 2), those accounts miss crucial context.
In 2013, MTGOX dominated Bitcoin trading, handling ~70% of global volume. Most modern platforms rely on newer exchanges like Coinbase, which weren’t as relevant back then.
When you dive into data of MTGOX's full history, the truth emerges:
Bitcoin’s first-ever Gold Parity Day was December 5, 2013.
On this day, Bitcoin briefly matched the price of 1 oz of gold, piercing through what many thought impossible at the time.
Bitcoin is rewriting history again, exactly 11 years later. 🤗🚀