Replies (42)
I haven't seen that sentiment here, but sounds like you're looking at the degens on twitter.
In fairness they think Bitcoin is another name for Strategy. Or derivatives contracts.
Don't mind them; they'll be too broke to go online before long.
Persacly. Wait until people start using it
Most people bought last top and cagred at 4% or bought this top and are under wather.
All while nvidia doubled in past few months.
When you earn Bitcoin, it doesn't matter what the value in fiat is. 1 Btc = 1 Btc
Get on the Bitcoin Standard
Bitcoin is money. Use it as such.
Yeah people don’t know math. 43% up from here gets us back to $103k, already up 20% from the bottom at $60k.
I think anything less than best performance at all times is disappointing to people.
Outperforming the greatest investors in history AND Moore’s law while a tech sector crash or macro winter happens? Yeah, we’re completely out of touch. Stay bored, keep stacking. 🤝
Stunning reality check! I still want BTC to gittyyup!
dca if everyone’s friend
Love the energy, but said with absolutely no regard for purchasing power.
Really? The math is simple
I’m happy to be wrong here.
But if someone bought 100 dollars of BTC at the all time high, they now have 60 dollars worth of bitcoin.
At the all time high they could buy 2 fat juicy ribeyes with that money (whether it’s sats or dollars)
Now they can only buy one juicy ribeye and keep some change.
Is my math off?
Unless you believe that real inflation is greater then 43% per year you are consistently gaining purchasing power
Right, so this statement is correct on a long enough timescale.
Looking at that list, what's even more amazing is it does it without fraud and psychopathy. Just tick tock
From Jan 1, 2021 to today, Bitcoin's CAGR is roughly ~18–20%
Send prayers for class of '21🙏🧡
Here for it, for my kids
Yes but also cmon we need a biblical bull run.
I feel it in my balls it is coming when we least expect it. Screencap dis.
Jim Simons - legend
I chated with him a few times
The RenTech campus near Stony Brook SUNY had free lecture series once a month
Virtually all long term employees at RenTech are multi-millionaries, even the kitchen staff
worth a listen:
MOAR CAGR PLZ
TIME PREFERENCE is a fork in the road. I watch traffic and judge 🧐
We've been robbed
That happens with almost all but the most lame investments
Watch nvida crash like it's 1999
Would be cool to see your comparison of the products and services built around Bitcoin vs Monero and the acceptance/adoption rates for the two.
Move your reference to the past 5 or 6 years. Lots of long term hodlers haven't had that same performance, even with steady DCA
This is the 6 year cagr
To be fair we were told there would be BTB
Bitcoiners need to remind themselves how early we still are
People aren’t underwhelmed because Bitcoin is underperforming.
They’re underwhelmed because Bitcoin has permanently broken their expectations.
Bitcoin fixes perspective.
That's a little cherrypicking dates.
The last all time high was April 2021.
It's been the worst 5 years in bitcoin's history.
Class of 2021+ are poorer than SP500 holders.
While bearing extreme volatility
Not good. I hope are time comes sooner than later
The next 5 years will be absolute dogshit, unless this bear market wipes out treasury companies.
Why the fuck did people think it was a good idea to reintroduce the exact thing Bitcoin was designed to solve.
Bitcoin is currently priced as if there is ~90 million in circulation.
For fuck sakes start using Bitcoin as a bearer asset!
Stay strong and hold on tight!
Probably bc 90% of people around bought in post 2020 lol
What abouy Nancy Pelosi? 🤣
Your stats show there is no second best
The 21 million question is Bitcoin's future CAGR which, of course, none of us know.
Saylor says he is operating under a 30% assumption -- so he is quite happy to pay the first 11.5% to those willing to invest their money with him. Same with Strive, etc.
They call it digital credit. Sounds fancy and cutting edge. But it is simply a bet on future CAGR.
For my taste, better to stay humble and stay out of the prediction markets. The future of bitcoin adoption, and why people buy it in the future, will be different from the past.
This is exactly correct.
Eye opening 🙏🏼 great post
Basically my reality. Great context
hits
