06 November 2021

Bitcoin in the News : 2021-10 Price

In a post last year, Bitcoin in the News : 2020-07 Price (August 2020), I described a problem:-
This month's price chart hit a glitch on 21 July. The usual 'Index' view showed a spike from 9000 to 16000 USD, followed by a quick return to 9000. The spike flattened the curve across the entire month, as shown in the top portion of the following image. The bottom portion is similar to the usual monthly chart, this time using a 'Coinbase' view.

It happened again this past month, with the price spiking from 54000 to 315000 USD around 8 October, then dropping. Last year I couldn't detect the source of the problem, but this time it showed up when the chart was isolated to 'Kraken'.

Another curiosity: if I extend the month to 'Nov 2, 2021', the spike disappears (and the granularity becomes coarser). If I shorten the month to 'Oct 31, 2021' the problem remains (with the granularity unchanged).


Bitcoin (BTC) Price Index

[TBD]

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Another problem appeared this month, when the 'Bitcoin Price Widget' disappeared, sometimes being replaced by a Google ad. I'll see if I can fix it or find another price widget.

05 June 2021

Bitcoin in the News : 2021-05 Price


Bitcoin (BTC) Price Index

The last time we saw a collapse like this was more than three years ago. That didn't end well. The downtrend continued the entire year.


Bitcoin in the News : 2018-01 Price
(February 2018)

[TBD]

15 May 2021

Working on Resourcefulness

Another month of five Saturdays gives me another opportunity for an extra blog post. The last time this happened, Bitcoin in the News : 2020 Full Year (January 2021), I wrote,
I'd like to get rid of that twirly effect when a new page is opened. It's really annoying. I've looked at the blog template several times and haven't been able to determine the cause. Maybe I should simply change the template.

I tried many of the alternative templates and most -- Not all! Why not? -- also produced the 'twirly effect'. While I was working on that, I tried a number of other browsers and noticed that they didn't twirl. Is it a Firefox issue? If so, it might be related to responsive design; maybe it's trying to find the current orientation of the screen. While I didn't solve the problem, I did manage to understand it better.

Since that doesn't make much of a post, I also reviewed the widgets on the right sidebar. First I added a link for the recent Coinbase listing on NASDAQ. A good explanation is in Coinbase IPO: Here’s What You Need To Know (forbes.com; April 2021). Then I cleaned up some of the other widgets. The 'Blog List' widget isn't working very well, but I'm not sure why. If I ever come back to it, a useful reference might be Top 100 Bitcoin RSS Feeds (feedspot.com).

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This image from one of my chess blogs is worth mentioning here. Follow the link for details about the source of the photo (Ivan Radic on Flickr).


Four Faces of Crypto Currency
(Chess for All Ages; May 2021)

16 January 2021

Bitcoin in the News : 2020 Full Year

Just as I did with last year's Bitcoin in the News : 2019-12 More++ (January 2020), here's an overview of the monthly price charts from the year 2020.

It's clear from this summary that the big run up in price started in October. That month began at around 10.500 USD, and the run continued until end-December, finishing the month at close to 30.000 USD. The price is currently showing 35.000 USD after peaking at 40.000 USD a week ago. A rise of 300% in little more than three months looks like a bubble.

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Where to go with this blog? The last real post was The Halving (May 2020). Since then I've been marking time with '[TBD]' posts.

If and when I ever come back to regular blogging, I'd like to get rid of that twirly effect when a new page is opened. It's really annoying. I've looked at the blog template several times and haven't been able to determine the cause. Maybe I should simply change the template.