Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
death_wish
on 10/06/2022, 20:09:51 UTC
Newsflash:  INFLATION IS HIGH.*  Surprise!  Reaction:  SELL THE DEFLATIONARY CURRENCY, TO BUY THE INFLATIONARY CURRENCY!

Makes sense.  To the average “Bitcoin investor” nowadays.

This is the least problem with letting people think of Bitcoin as sort of like a stock.


* Assuredly much higher than the heavily manipulated CPI numbers show.  What kind of an idiot believes the CPI numbers?  The kind who reacts to high dollar inflation by spending more money (BTC) to buy dollars.