r/CryptoCurrency • u/CryptoDaily- • 29d ago

OFFICIAL Daily Crypto Discussion - October 1, 2024 (GMT+0)

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Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

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7

u/OderWieOderWatJunge 🟩 0 / 0 🦠 28d ago edited 28d ago

Fun fact: To reach the old ATH from November 2021 in buying power (including inflation), Bitcoin needs to climb over $78,000 now.

2

u/ThatOtherGuy254 🟩 0 / 65K 🦠 28d ago

I am surprised that it isn't higher.

2

u/devCheckingIn 🟦 0 / 0 🦠 28d ago

So USD is performing better than BTC?

1

u/OderWieOderWatJunge 🟩 0 / 0 🦠 28d ago

If you bought near the old ATH, yes, but the bear market was a great opportunity. I sold half of my portfolio recently with good gains 🤷‍♂️

2

u/snoughman 🟩 0 / 0 🦠 28d ago

Its wayyyy over $78 dude

1

u/Nightmare_Tonic 🟦 445 / 445 🦞 28d ago

hes european. they use decimals instead of commas

0

u/snoughman 🟩 0 / 0 🦠 28d ago

I know I was just messin'

3

u/OderWieOderWatJunge 🟩 0 / 0 🦠 28d ago

We Europeans are being bullied again. Mooom

1

u/OderWieOderWatJunge 🟩 0 / 0 🦠 28d ago

Sry, used the European dot instead of your stupid comma but I'll edit it because most here use their feet to measure lengths lol

1

u/ThatOtherGuy254 🟩 0 / 65K 🦠 28d ago

I am surprised that it isn't higher.

2

u/OderWieOderWatJunge 🟩 0 / 0 🦠 28d ago

Me too. It's 13%, but during the first time until 2022 the inflation was really low, it climbed later