Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Not going to lie, falling from $109,000 to $78,000 was rather unsettling, for me at least. I know we’ve HODLED through similar and even worse corrections in previous bull markets, percentage wise. But for me, it feels a lot worse when you’re watching your net worth dump by so much money. The money involved now is so much more than it was when our coins were losing $40 each per day or something at the same % dip as we saw from $109,000 to $78,000.
Exactly this! Seeing your net worth (FIAT-wise) decrease drastically feels the worst this cycle. But don't forget 1BTC=1BTC. watching a wallet drop from $218000 to $156000 hurts.
but
watching eggs go from $1.39 to $10.00
watching lamb roast go from $39 to $67
watching lamb steaks go from $12 to $20
watching a loaf of bread go from $2 to $5
watching my garbage pickup go from $250 a year to $1500 a year.
watching my house insurance go from $500 to $1200
watching my car insurance go from $1000 to $3000 no claims in 30 years
is way more frightening and depressing.
edit prices are from 2019 to 2025
I just bought 30 extra large eggs at Costco for CA$7.69 (US$5.35 which works out to US$2.14/dozen). I'm not allowed to cross the border with them though so I can't help you out that way but maybe with some advice? The US national average for a dozen eggs is $4.95 so you're just in an unlucky area harder hit by bird influenza policies. Maybe it would be more cost-effective to convert one of your altcoin mining sheds to a chicken coop and sell eggs instead? You don't have to let them run free but you can charge more money for them if you do
