It's amazing how laws of physic apply to markets behaviors …
It's amazing how laws of physic apply to markets behaviors like speculation. When standing on small mass, you feel the motion when it moves or rotate. But when standing on an enormous mass like the earth, you feel nothing. how does that apply?
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When price of coin is low, a slight jump we feel the volatility as seen recently with BSV from 100 to 400. The affect is 4x. But if BSV was 1 million and price increase 100k to 1.1 million, the affect is only 0.1.
As price becomes higher, the smaller the volatility affect. Say price is 10 billion, an increase of 1 million in price the affect is only 0.0001, it would feel like nothing. Amazing how laws of this universe work.
It's all about scale. Our run up to $250 seemed massive at the time. What if this run ends at $1200? when you zoom out to fit that run on your screeen, suddenly the $250 looks fairly flat and small. What makes $1200 look flat and small? 😉
Yes Alex, that's another way of representing this, the earlier days seem flat as the market grows.