Post
Topic
Board Bitcoin Discussion
Merits 5 from 3 users
Re: BITCOIN IS NOT A STORE OF VALUE
by
franky1
on 01/09/2022, 10:50:23 UTC
⭐ Merited by NeuroticFish (2) ,NotATether (2) ,Rizzrack (1)
now thats corrected his conspiracy theory and put him on a different path that has atleast some logic/reason/math. physics economic and ecologic explanation..

beck to the topic in question

bitcoin has got a store of value.. but this VALUE is not the price

the best way to think about it is the economic window of the cheapest price anyone on planet can get bitcoin for. as the line.

EG
   |  SOV  ||      speculative variable (price)          |
   ||||||||||||||||||||||||||||||||||||||||||||||||||||||
   0        15        30        45        60        75        90

no one can or does buy bitcoin for less than $15k right now. so that is a kind of 'locked in value' anything above the value. is then speculative premium

the store of value is currently $15k ish

stop thinking the PRICE is the store of value amount
the PRICE is store of value+speculative premium

if you can buy bitcoin at good value(cheap close to bottom) great you are doing a good thing.
you are maximising your potential and reducing the risk.
where your wealth is of good value and more of your wealth is locked in/secure