Post
Topic
Board Bitcoin Discussion
Re: 1 BTC = 1 BTC. You only lose if you sell. You're buying inflationary fiat.
by
Luzin
on 12/05/2022, 15:28:57 UTC
Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500

How would those who bought it for $60,000 feel?


No, I don't think the price will arrive as you mentioned. Many institutions are holding bitcoin prices. This time patern is similar to the year of having 2017. After halving 2016 BTC dropped to about 80% of ATH. If this happens this year then btc's worst estimate will cost around $11k. If the trust is agreed, it will appear a new ATH again after halving in 2024. I hope this will happen, it all just takes patience.