In June 2016 1,850 bitcoin would buy a house in Sydney with a a median price of $895k
In June 2022 44 bitcoin would buy a house in Sydney with a median price of $1.4M
House prices are crashing when priced in bitcoin
#hodloncomrades don't trade #bitcoin
#getzapping
I think housing is in for a big crash compared to the US Dollar itself.
It's fascinating to see how the value of Bitcoin can impact the real estate market, as demonstrated by the stark contrast between the cost of a house in Sydney in June 2016 vs. June 2022. While the value of Bitcoin has fluctuated over time, the long-term trend is one of consistent growth and appreciation, making it an attractive investment option for savvy investors.
It's important to remember, however, that Bitcoin should be viewed as a long-term investment, and one should not be swayed by short-term market fluctuations. Holding and investing in Bitcoin should be approached with caution and consideration, and it's critical to do one's research before making any significant investments.
Furthermore, the power of the Lightning Network, as exemplified by GetZapping, is genuinely revolutionary. With lightning-fast, low-cost transactions, Bitcoin transactions have become more accessible, efficient, and secure than ever before.
Overall, I believe that the future of Bitcoin and its potential impact on the financial industry is incredibly promising, and I look forward to continuing to promote its adoption and success. #HODLoncomrades don't trade #bitcoin #getzapping.
