[AndrewBissell]

It would make more sense to put this on a logarithmic scale. The move from $18000-$19000 is nowhere near as meaningful as the move from $0 to $1000.

Also, the move to $19,000 seems to have been some kind of liquidity issue on GDAX, the price did not get that high on other exchanges.

[hervature]

I agree, so putting this together from the parent's info:

$0000 - $1000: 1789 days

$1000- $2000: 1271 days

$2000- $4000: 85 days

$4000- $8000: 96 days

$8000- $19000: 20 days

Edit: Even on a logarithmic scale, bitcoin is experiencing exponential growth.

[heynk]

Thanks, this is a really interesting way of looking at it. The change from $0-1000 is still not comparable to the other 2x gains. I looked up $500-$1000 and it looks like it took about 1000 days.

[zzxxddere333]

wow

[dang]

Would you please stop posting unsubstantive comments to HN?

https://news.ycombinator.com/newsguidelines.html

https://news.ycombinator.com/newswelcome.html

[chrisco255]

That being said, does price matter or does volume matter, in terms of Coinbase? Their infrastructure should be indifferent to price. I understand there's a correlation there, but daily trading volume would be the ultimate determinant of Coinbase's performance.