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Chilidem
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Head mod at r/Buttcoin

Bitcoin stabilized pretty well after that mini dip. Onwards.

Not going to lie, I'm all for this drop in price. Have some patience, friends.

$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.

Is this factoring in improved efficiencies in supply chain, manufacturing, etc?

Replying to Avatar R_tour

And…

"What's a nickel?"

Looks like The Penguin from the second Tim Burton Batman movie is in there, too. That was a bit of a creepy character as well.

Mempool way more often honestly. The price is boring. The mechanics of it all are never not incredible.

140 million homes in the US.

290 million cars in the US.

21 million bitcoin in the world.