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/biz/ - Business & Finance

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20090661 No.20090661 [Reply] [Original]

>Okay grandkids, let me tell you about the story of when Bitcoin went up to $19,000 exactly 100 years ago
>Grandpa got really excited and thought it would go up further than $19k, so he HODL'd......But then...... a few years later, it became the stablecoin as we know it today staying at the price of $9100 for the past 100 years

Bitcoin is now a stablecoin @ $9100. Deal with it.

>> No.20091125

Bump

>> No.20091183

Holy shit how I hate you Bitcoin boomers. The only ones holding Bitcoin are the retarded "OGs" and reddit normies. If you still don't have a LINK bag then idk what the fuck have you been doing on biz this whole time.

>> No.20091238

>>20090661
he looks like he can cast Meteo

>> No.20091288

>>20091183
zoomers never gonna get crypto...

>> No.20091318

>>20090661
>I don't know how supply and demand works but one time bitcoin stayed at the same price for a while according to my ADHD dopamine addicted brain so therefore it's a stablecoin

>> No.20091490

>>20091318
Hey it's entirely possible for supply and demand to balance out in such a way that the price of BTC remains $9100 for 100 years. Prove me wrong.

>> No.20091675

>>20091490
It's entirely possible you don't know the history of the US Dollar or you wouldn't have said such retarded shit to begin with

>> No.20092043

>>20091490
Have you ever heard of inflation? BTC will keep ‘going up’ forever, because of the constant devaluation of fiat currencies. This is why the proposition of a finite currency is attractive in the first place.

>> No.20092056

dont worry they'll let bitcoin move once they let link go above 5

>> No.20092133

>>20090661
What's that strange S character gramps?