Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Investment against inflation
by
tomos81
on 30/08/2022, 16:39:19 UTC
^
Good point, valued @ $12,000 that was before inflation started to bite. The Bitcoin
market value hasnt been at $12k since October/November 2019.

Anyway it was a good move for sure, the owner could maybe forsee the virus which
was largely confined to China becoming a pandemic. In the end and currently Bitcoin
as we know has become a hedge against inflation which currently is at a 20 or 30 year high.


Among other coins that exist is Bitcoin Cryptocurrency is life force. Because last six months ago the price of Bitcoin had a huge upswing but since then its price has come down to between 20 and 25 thousand. But Bitcoin is mine You will not get a lower price than this. So I think Bitcoin will go back to previous levels after increasing in value in the future.