I dca'd at 28k so this is pretty close to this local top :-)
Nothing boost public confidence like the statement that they have to boost public confidence 🤣 Tradfi is fucked.
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Wtaf they expected? To hear from the Bitcoin CEO? 🤣
🤣 made full circle now. Got it from #[4] here on Nostr.
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Wtaf 🤣🤣 this def. makes the second place for me today. Directly behind Europeum.
Did you found a block?
Yes. Well at least they technically they can. The chance to find a block with them is near 0.
Believe me, I will talk about nothing else for at least a week when this happens XD
$1,000,000/coin Bitcoin numbers:
I crunched some numbers to give possible prices in sats when bitcoin hits $1,000,000/coin.
I used the more realistic gold price before the dollar was significantly devalued by the Fed. This is a rough estimate.
According to Steinway (https://www.steinwaybocaraton.com/knowledge-base/historical-prices-of-steinway-pianos), a new Steinway B was ~$1,050 in 1900
According to pianobuyer.com, A new Steinway B today in 2023 is ~$134,900
1050/134,900=~0.0078
0.78% of the current price was the price before the Fed and significant dollar devaluation.
$100,000 today would be roughly $780 in 1900 based on these numbers.
$5 coffee today would be ~$0.04
If bitcoin is $1,000,000/coin, it would be 100sats/$1
A $5 coffee today would be 4 sats.
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That would definitely be a once in a lifetime thing😂
Hey and welcome to the rabbit hole :-)
Yeah its a blast from the past but they are still up and running and I have a spare one in case one of them fails ^^
Just a joke from my side. Every survived bear market gets you a stripe.