Hodl Meme Turns Seven

bitcoin price at hodl meme time dec 2013

Bitcoin’s price had reached all time high after a surging November, surpassing $1,000 in what at the time felt like the moon. The currency had nearly 10xed, opening November at $198, closing it at about $1,200 as China learned about bitcoin. December however was frosty. It crashed to $800, recovered to $1,140, and then beginning on December 5th it ‘slowly’ crashed over the next 13 days to $380. As it happened, that was the initial bottom with a drunk bitcoiner seemingly encapsulating what many were thinking under the title of I AM HODLING on December 18th 2013: “I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e. GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY. It’s because I’m a bad trader and I KNOW I’M A BAD TRADER. Yeah you good traders can spot…

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