Another day, another drop.
Still below 2017 high when we consider inflation.
It's fallacious, and unduly a pessimistic spin if you are striving to measure current corn prices based on our 2017 blow off top.
Various dweebs, bitcoin naysayers and misinformation spreaders have come into this thread and framed our current BTC price situation in those kinds of negative lights.
Hey, if anything, maybe you might want to consider volume of coins traded at those prices over a period of time and then make your comparison within those kinds of more realistic framings - unless you are trying trying to cause unnecessary (and likely unwarranted negative nancyisms onto ur lil selfie - or you enjoy experiencing personal painenings?)...
Think about the matter. Between about early to mid 2018 and all the way until nearly the end of 2020, you could have picked up a whole hell of a lot of cornz, and it would have hardly taken much efforts to have had picked up those cornz for way the fuck under $10k.
And?
What's our current BTC price? You have likely been protected pretty damned well from inflation and the money printer.. relatively speaking... yeah more than a doubling of value of bitcoin in dollar terms and yeah sure some things have gone up in price, but where would you rather be right now? in dollars or in bitcoin? And would you rather hold some other asset? Which ones? if any?
Even if you might have wanted to play around a bit with trading, there are chances that you could have played the swings and sold BTC much higher - like LFC did, but I still do not recommend fucking around with those kinds of trading practices.. especially when dealing with larger portions of your BTC holdings, even if LFC was
relatively decently prudent by ONLY shaving off around 25% of his BTC stash.. and sure, maybe I am being a bit of a prude because I am generally ok. with the idea of selling small amounts on the way up rather than selling a whole chunk of 25% at once.. so it remains a pretty damned slippery slope (and even perhaps a bit hypocritical) if I were to be too judgmental about how much LFC chose to shave off and his method of doing it.. even though it did seem to pay off pretty well for him in this particular cycle and various somewhat unknowns that kind of ended up playing out because they were not 100% unknowns.. so it wasn't like he was completely throwing darts at a board with a blindfold on. hahahahahahaha.. no homo.
But sure, I'm the one being negative.
You could say that again.
ThInGs ArE aBsOlUtElY fInE.
I wouldn't go that far.
#justsaying.... things are not really that "fine"
Poll
