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azmenthe | 12 years ago

That's not really true per se. That's the chart of USD/BTC so the inverse of BTC/USD which has dropped significantly in the past few days so of course the inverse has shown an increase.

For a more accurate picture of the dollar I track the UUP ETF which pegs it's value to the dollars exchange rate over a basket of currencies. (Which btw has been on a steady downtrend in the past 6 months, definitely not doubling everyday)

[1]: http://www.invescopowershares.com/products/overview.aspx?tic...

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adamnemecek|12 years ago

You did read the url right? It's satire.

azmenthe|12 years ago

Andddd... whoops.