Started at $13 and now it’s kissing $1,000. The rise trounces even some of the hottest tech startups and most bubblicious companies ever.
Here's how Bitcoin's rise compares with other big jumps in the tech space:
The anonymous cryptocurrency hit $1,000 for one Bitcoin earlier today and is now at $969. This is way, way bigger than just about any one-year stock or commodity jump. The only problem: if you have a hoard of Bitcoin, it's really hard to turn into dollars, unlike, say, a publicly traded stock. But if you want to go to space, you're in luck.
Coinbase / Via coinbase.com
Amazon's stock was on such a tear that it made a young analyst named Henry Blodget's career. In December, 1998, he predicted it would hit $400 in a a year. It got to $400 in less than a month. In the year following March, 1998, the stock jumped more than 1,000%. Blodget was later banned from the securities industry (for hyping other stocks he didn't privately think were all that great) and Amazon is once again breaking all time highs.
