[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 81 KB, 827x1106, 1638434195519.jpg [View same] [iqdb] [saucenao] [google]
51143129 No.51143129 [Reply] [Original]

If you take inflation into account, Bitcoin is currently worth 35% less than it was at the 2017 peak with the same rpice. Imagine holding for 5 years and lose 35% of your purchasing power

>> No.51143163

>>51143129
Now lets see the USD chart

>> No.51143202

>>51143163
Confirmed brainlet. OP literally said that 20k USD in 2017 is worth 35% less in 2022

>> No.51143230

>>51143129
1btc is still 1btc isnt it?

>> No.51143243

>>51143202
Yes so holding an asset and selling it on the exact historic bottom will equate to as much purchasing power as holding the USD for 5 years. If you haven't sold last year then perhaps you and the faggot OP are the brainlets after all?

>> No.51143347

>>51143129
>compares a local low to a historical high
>asset which has outperformed everything in its short life
Dude, chillax. Greed isn't a good look.

>> No.51143396

>>51143129
this says more about fiat than it does about bitcoin retard.

>> No.51143435

All the bagholder cope ITT is funny.

>Hold $20k in cash for 5 years
>Sleep like a baby
>Never think about money
>Lose 35% of purchasing power

>Hold $20k in Bitcoin for 5 years
>Terrible sleep
>Spend countless hours looking at charts and checking crypto news
>Lose 35% of purchasing power

You got beat by cash cucks who spent a total of 10 minutes thinking about their money placement

>> No.51144403
File: 218 KB, 1632x832, return-of-the-king-the-mumu-strikes-back.jpg [View same] [iqdb] [saucenao] [google]
51144403

>>51143129
Bobo, is your anus ready for the following months? Bitcoin looks primed for one hell of a run. I almost feel bad for you, Bobo. But I don't. Prepare your anus.

>> No.51145737

>>51143129
Soon it’ll be 10k so it’ll be 70% down from 2017 ath adjusted for inflation

>> No.51146769

>>51143129
Why the FUCK is his hair like that?