Post
Topic
Board Bitcoin Discussion
Re: I hardly have up to $100 again in all my fait bank accounts since I joined BTT
by
tadamichi
on 18/11/2022, 11:10:17 UTC
While inflation does eat fiat value,
Zoom ten years out and compare fiat devaluation with Bitcoin appreciation in the same timespan. The difference is huge. It’s easy to cherry pick short time frames and using them for misrepresentation to make it seem like fiat is protecting value better.

you do realize btc dropped from $64K to less than $17K in only a few months.
Now it’s closer to actual mining costs, which means it’s a good time to buy. Doesn’t really make sense to only buy at market highs and then complain that it takes too long, to become green again. Buying when most aren’t is what gets you in the green. Also considering the economic circumstances and moment we’re in before the next halving, a drop was expected. However you’re using this moment  for braindead trolling again. Will we see you here during the next bull market too?

BTC losses have been worse than inflation.  Tongue
Not if you bought before the printing orgy in 2020.