Quote from: Lucius on Today at 12:56:30 PM

Quote from: pooya87 on Today at 05:14:43 AM

The short-term increases (or decreases) don't matter. The long term is the important one.
For example over the past 2 years from 2020, the price has gone up 1400% or
in a longer period over the past 5 years from 2016 price has gone up 11000%

I keep wondering when people ask questions like this as if what you, me, and some others know is some secret knowledge that is not available to an ordinary person who just needs to turn on a computer, go online and use a search engine. In general, most beginners who come to this forum show that they cannot see the bigger picture, and that is why they are constantly in a kind of panic every time the price drops by 5% or more.

I believe that some who read your post sincerely doubt the accuracy of your data because it seems unreal to them - and it is even more unrealistic to believe that Bitcoin has shown so far that it is a very good (not to say excellent) hedge against inflation. Far from advising anyone to invest in something, but Bitcoin has protected me from inflation in the past 5+ years in a way I could never have imagined.

After reading your comment I have to do some little google search before commenting here, you are right the data is not correct I hope to see it edited and updated with the right data. That being said bitcoin is not in the same category as faint currency as the total supply of bitcoin can not be exceeded but the faint currency can be printed at will by the central bank.