Replying to Avatar Bryan

Bitcoin first reached 58,000 on 2/21/2021.

3 years and 7 months ago.

If you bought bitcoin on this date and hodled, Bitcoin has not been an inflation hedge.

3 years, 7 months is 22.5% of bitcoin’s existence.

Good Morning.
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aco 1y ago

good morning, now do the dollar.

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Bryan 1y ago

The above represents a BTC/USD pair.

3 years, 7 months ago, 1 bitcoin was valued at 58,000 USD.

Holding dollars over this time period would have been break even but not subjected the HODLers to massive volatility.

*still bullish, still think Bitcoin is the best money and SOV.

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aco 1y ago

LTH > STH - price action is irrelevant