70 points

I once bought 0.0167 BTC at close to 1 BTC = 30k USD evaluation, I was able to sell it for double the value in late 2021, bought some really nice groceries that month. Looking at the 5 year chart it looks like I couldn’t have sold at a better time, lmao.

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12 points

Good going. Nice groceries are under appreciated. But the watching fresh veggies cook is considerably therapeutic

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8 points

You could have sold now since it’s 42k now.

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15 points

I love the future of cryptocurrency where bread will cost 1BTC today and 0.1BTC tomorrow and 10BTC the next.

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6 points

Ain’t no loaf of bread costing $42,000.

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2 points

This would never happen with any other currency ever.

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9 points

but 42k is lower than 60k

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47 points
*

October’s 12 month inflation rate was 3.2% trending downwards…

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35 points

This image is almost two years old.

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18 points

Isn’t bitcoin up 130% for the year? I’m confused

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12 points

Ah, because bitcoin is up 130% for the year October of this years inflation is contextually necessary for inflation from February of 2022.

Wait, no, now I’m confused. This image is old. It is not current. It is not going to reference current events. Or even events of a couple months ago. It’s going to reference events from two years ago or older.

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43 points

They had me going in the first half, not gonna lie.

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34 points
*
-3 points

what’s funny is it will crash if nobody buys it.

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16 points

What’s funny is you just discovered how supply/demand works. It applies to literally everything you can buy.

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1 point

Kind of a smarty pants reply considering i know elastic vs. Inelastic demand is an exception to this rule.

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-3 points

Not really, no.

Because the things I buy have use.

For example, a gun.

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5 points
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No, it won’t even go up if nobody buys it. It will instead stay the same value it currently sits at

It will crash if everyone who still has some tries to sell it.

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1 point

If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products.

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-1 points
Deleted by creator
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32 points

Holy shit only down 50% which hot crypto is that? I gotta invest, it’s clearly gonna moon if it’s not fallen 90% like others! Magical unicorn!!

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