Post
Topic
Board Bitcoin Discussion
Re: Did bitcoin lose its value?
by
Cruxer
on 23/10/2020, 21:41:09 UTC

Did bitcoin lose its value?
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd? If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.
not directly but in buying power? yes
by me, price will adjust itself in time to this, price of bitcoin in dollars will go up
as noone can predict bitcoin future, its only speculation