Bear Market Update! 📉 🐻
12 months later we are up 7%!
We are really doing it Redban!
We are (BEARly ;) keeping up with inflation! :)
#Copium comments of the week:
“1 Bitcoin = 1 Bitcoin” - No shit Sherlock!
Eggs don’t bounce, shit sticks to blankets and kidnapped children are generally homesick!
Still can’t buy a decent house with 1 Bitcoin!
“I never check the USD price” - Cool story. We live in a dollar dominated world and you don’t check the price?
Don’t piss on my back and tell me it’s raining. ☔️
Riddle me this: If you earn Bitcoin or get paid in Bitcoin and only spend Bitcoin, the #sats amount you spend on that delicious grass fed steak is PEGGED to the DOLLAR is it not?!
Example: The steak you ate on the 7th of Oct would cost 100,000 sats. Now it costs 123,000 sats.
Well golly gosh! I wonder why it’s more expensive today?!
The sats price of items fluctuate because?... you guessed it!
Even in a *Bitcoin Only* circular economy the sats price of most things fluctuate in lock step with the dollar denominated price of Bitcoin 💸 . USD price go up, sats price go down. USD price go down, sats price go up!
#science ! 🧑🔬 🧬
Verify, don’t trust… Go to an online store that sells products for Bitcoin and you’ll see a fluctuating sats amount :)
Not checking the USD value of Bitcoin = head in the sand 🫠
“I hope we stay at this price level for years to come!”
If the price of BTC doesn’t increase and outpace inflation is it really the *best money*? The lowest bar for *sound money* is outpacing inflation!
What if you are an older Bitcoiner? Shouldn’t you reap some of the rewards too? Or are you a greedy little junior burger pleb? 🍔 👦
Wake me up at 250k 😴
🥰
All jokes aside… 24% from the ATH is FUCK ALL!
Redraw from the homeloan, sell that old bike in the garage, max out your credit card, open a LEDN account and go hard AF.
Now is the time to be greedy!
#asknostr #nostr #bitcoin #news #bullish #bearish #crabish #bulltarded #news #pleb
