Post
Topic
Board Bitcoin Discussion
Re: Could 17.5k BTC actually be 13-14k pre-inflation?
by
GreatArkansas
on 21/11/2022, 00:45:52 UTC
So i'm basically just thinking out loud but with inflation going rampant and last 2 years everything went up at least 20% in price and value do you think that 17.5k
(which could be a bottom in current bear cycle) BTC could actually be 13-14K preinflation and 17.5k as of now a bottom adjusted for inflation?
Hmmm. You got a point here but for me, I don't consider inflation on Bitcoin. At first, when the inflation rate pumped for most of the countries in the world, I was expecting Bitcoin will skyrocket but what happened was the opposite, there was no excuse for the major problem in the world right now.
So for me, this is normal, what $13k or $14k last 2017 or any past years is also the same today.