Global Feed Post Login
Replying to Avatar Niko πŸ“š Konsensus Network

You can get 28.6 ounces of $gold with a bitcoin right now ($btc price 76189$). The #bitcoin #ATH was in November 2021, when you could get a whopping 37 ounces of gold with a single bitcoin. So today's price is about 77% off the ATH, meaning we need to see 98946$ to meaningfully speak of ATH.

Avatar
Diego Valley 1y ago

So we’re just using a shitty measuring stick?

Reply to this note

Please Login to reply.

Discussion

Avatar
Niko πŸ“š Konsensus Network 1y ago

That's right. And we are still used to getting robbed blind by it. Even after grokking bitcoin!

Thread collapsed