palle11
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October 23, 2021, 03:57:46 PM Last edit: October 24, 2021, 09:06:53 PM by palle11 |
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That MEME validates that Bitcoin is currently not “right” to use as a medium of exchange. We don’t know what its real price is because it is on a path to price discovery. If your transaction doesn’t require censorship-resistance, keep HODLing your Bitcoin.
You also know that we can't just be on the hodling for longer than we can when there are issues of finance all the time. The times are hard and even with censorship transaction, we sometimes have no choice but going through it to safe our heads at such a point when all we have is our hodling in bitcoin but reinvesting is always nice to do. When it comes to health issues IMO we can't keep the hodling on.
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jostorres
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October 23, 2021, 04:24:58 PM |
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It is no secret that the price of bitcoin has gone up. This has not been caused by purchasing power inflation of fiat currencies. The price has increased because more people have seen the value in using bitcoin, and are willing to put their money where their mouth is.
You made a good point there, it wasn’t just about fiat losing value, it is because Bitcoin has increased a lot in value. A lot of people are now interested to invest their money in Bitcoin and the worth of bitcoin compared to what it was back then has changed so much, and one Bitcoin today can get you like sixty iPhone 13 pro’s. Fiat is slowly losing value and bitcoin is quick in gaining more and more value every year. Someone once made a comparison like this using Tesla, and asking whether to buy bitcoin or a Tesla and which of them would be worth it in future. Definitely it is bitcoin, because a Tesla you buy today is going to lose value tomorrow and will become a second-hand/used product in the market, and if you’re going to be selling it, you will sell it around half of what you bought it. But, Bitcoin will be increasing in value and you will sell more than double of what you paid for it.
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BITCOIN4X
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October 23, 2021, 04:36:33 PM |
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We have seen that fact now that the price of bitcoin has gone up quite a lot since its launch in 2009 until now. We can compare it with many thing and of course it will be very interesting to ponder. I remember when I bought my first motorcycle in 2010 for $1,500, if I had bought bitcoin with the amount of money I spent on motorcycles then I believe I can now build a motorcycle factory. Of course very extraordinary, even bitcoin rose much higher than gold in the last 10 years.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
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Wind_FURY
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October 25, 2021, 12:13:22 PM |
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That MEME validates that Bitcoin is currently not “right” to use as a medium of exchange. We don’t know what its real price is because it is on a path to price discovery. If your transaction doesn’t require censorship-resistance, keep HODLing your Bitcoin.
You also know that we can't just be on the hodling for longer than we can when there are issues of finance all the time. The times are hard and even with censorship transaction, we sometimes have no choice but going through it to safe our heads at such a point when all we have is our hodling in bitcoin but reinvesting is always nice to do. When it comes to health issues IMO we can't keep the hodling on. As a technology, the Core developers made design-decisions that made Bitcoin a multi-generational protocol. HODL. As an investment, Bitcoin is still on its path to price discovery to be more valuable than its current value. HODL. As an asset, it’s simply a good censorship-resistant, self-sovereign store of value. HODL.
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xSkylarx
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October 25, 2021, 12:20:22 PM |
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We have seen that fact now that the price of bitcoin has gone up quite a lot since its launch in 2009 until now. We can compare it with many thing and of course it will be very interesting to ponder. I remember when I bought my first motorcycle in 2010 for $1,500, if I had bought bitcoin with the amount of money I spent on motorcycles then I believe I can now build a motorcycle factory. Of course very extraordinary, even bitcoin rose much higher than gold in the last 10 years.
Yeah and now bitcoin is getting noticed by the people. Way back it was launch it is only used to buy a pizza which other laugh and other belives on it. Fast Forward when the price is getting higher and higher people are getting into bitcoin and trusting it. Now the price is really high which almost people want to have a bitcoin and also invest on since they could earn money. The price really matter. On the other side it is a funny meme tho and we could say that some people are want to buy iphone than a bitcoin .
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uneng
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October 25, 2021, 01:27:19 PM |
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Conclusion: don't waste money on Iphones, buy bitcoins instead. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Just imagine how profitable bitcoin investment could be for those people who compulsively change their Iphones' models every new year when a new one is launched.
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budi691
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October 25, 2021, 02:14:53 PM |
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I bought an Iphone 4 when it was very cheap and buying 1 Bitcoin was very expensive, but what will happen...if only at that time I trusted my friend to buy Bitcoin instead of iPhone Maybe now I can buy iphone 13 more than 10 and now my friends can only laugh at me who just threw away a broken and worthless Iphone 4.
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kramat
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October 25, 2021, 02:19:14 PM |
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Bitcoin price will be change but bitcoin never change. Bitcoin price is day by day increase. So it help to for the future saving. Mobile will be change the price and modals. If buy the mobile price will be go down. If invest in bitcoin it your future investment. So plan to invest your money.
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bandungan
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October 25, 2021, 03:23:28 PM |
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the price is reasonable as in the picture you mention. because at the time of the launch of the iphone 4 the price of bitcoin was very low and bitcoin was not yet well known to the public. but for now the price of bitcoin is experiencing a fantastic surge. even with a little bit of bitcoin already got the latest iphone. this is so awesome for bitcoin price
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Wind_FURY
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October 26, 2021, 11:21:12 AM |
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Conclusion: don't waste money on Iphones, buy bitcoins instead. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Just imagine how profitable bitcoin investment could be for those people who compulsively change their Iphones' models every new year when a new one is launched. Yes, but no. Buy the iPhone if you want it, but if you already HODL your money in Bitcoin, then DON’T use that. Never use Bitcoin unless something requires you to make a censorship-resistant transaction.
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Wildwest
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October 26, 2021, 12:01:56 PM |
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If there used to be people who bought iPhones using bitcoin maybe now regret must be felt because only buying iphone 5 we have to spend up to 12 bitcoins when compared to the current value of bitcoin then there are so many iphones that we can get, and there we can see that the more lost purchasing power of fiat currency at that time, And currently the value of bitcoin is getting higher and with the value of 0.02 BTC we can already have an iPhone that is currently the highest price it is certainly very extraordinary for those of us who have bitcoin assets.
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zaesvlas
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October 26, 2021, 12:46:30 PM |
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Can I also introduce a bitcoin index? As there is a "big mac" index, make the same bitcoin index)
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aysg76
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October 26, 2021, 12:49:14 PM |
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Actually when i see bitcoin and iphone memes these sorts of are which i liked the most : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FLJG8M21%2Fimages-39.jpg&t=665&c=QgH3M786J29mlw) This makes me wonder the same Iphone 4 is now rarely seen and priced at very low price and even if the same amount have been invested in bitcoin at that time you would now be able to millionaire.Just imagine the returns on both.This is how inflation robs you of purchasing power and the inflationary assets you own devalue so fast and on the contrary basis bitcoin is deflationary and can secure your future. More and more iphones will be released even after 2140 but no more btc left to be mined and then prices will be unimaginable.So choose wisely these memes are some sort of guiding visuals to be visionary but most of us take it for fun.I can say i am bitcoin holder.
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Wind_FURY
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October 27, 2021, 09:00:53 AM |
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Actually when i see bitcoin and iphone memes these sorts of are which i liked the most : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FLJG8M21%2Fimages-39.jpg&t=665&c=QgH3M786J29mlw) This makes me wonder the same Iphone 4 is now rarely seen and priced at very low price and even if the same amount have been invested in bitcoin at that time you would now be able to millionaire.Just imagine the returns on both. This is how inflation robs you of purchasing power and the inflationary assets you own devalue so fast and on the contrary basis bitcoin is deflationary and can secure your future. More and more iphones will be released even after 2140 but no more btc left to be mined and then prices will be unimaginable.So choose wisely these memes are some sort of guiding visuals to be visionary but most of us take it for fun.I can say i am bitcoin holder. The iPhone comparison priced in Bitcoin showed was obviously not about how inflation robs us of purchasing power. It showed us, or it’s still showing us, that Bitcoin remains on its path to price discovery to 6 digits? Although, it might not be very obvious during 2010 - 2012, during the time of 10,000 Bitcoin Pizza.
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