We have entered the month of October, whether it will be Octobear or Octobull, let's see what happens...!
Your 2012 to 2014 series of pictures make some sense, since I had seen that kind of depiction previously.. even though 2014 was a dip year as compared with 2013, so it may well depend on what part of 2013 and/or 2014 your pictures are referencing..
Your 2021 to 2023 appear to contain baskets of dumb contradictions.. and surely not connected with the 2012 to 2014 line of logic, because overall the 2021 bitcoin would have bought you around 10x to 175x more than the 2014 bitcoin, and that is not easy to show with shopping carts.
Furthermore, just looking at the 2021 to 2023 period there's some inconsistencies in the depictions except perhaps having 2023 (Bitcoin's future) as a question...
Maybe you are wanting to say that bitcoin in 2022 buys less than it did in 2021?, and I suppose that communicates some kind of a message for folks who are short-term focused and inclined to spin facts in short-term nearly meaningless sound-bites.
Are you scared of Bitcoin, Pesona1?
There may be some folks who are scared of bitcoin, yet your forum registration date shows April 2017 (not even a date (year) contained within the shopping carts), and even if you screwed up in your BTC investment accumulation in a variety of ways, you have had a decent amount of time (nearly 5.5 years) to build your bitcoin position, no?, if you had any insight regarding the value of ongoing BTC accumulation.
What do you think Pesona1? Have you been stacking sats in the past 5.5 years?
If we look at your forum registration date and we figure a
$10 per week investment into bitcoin, then you would have invested around $2,850, but you would have nearly 0.34 BTC... that would not be a bad amount, and of course, making a progress should be considered a good thing in any investment. If you had been able to stack 10x more then you would have spent 10x more and had 10x more bitcoin.. something like 3.4 BTC for a $100 per week ongoing stacking of BTC. We cannot necessarily presume that you would be able to stack $100 per week - even though $10 per week should be more reachable for a lot of folks.. Otherwise peeps just do what they can with how much they have.
I am not trying to pick on you, but we should be attempting to be thinking longer term and ongoingly stacking, and if we engage in some kind of ongoing stacking of BTC then we might not get scared or worried so much about potential shorter-term BTC valuation issues. What do you think?
By the way... shifting topics a wee bit.. it is quite interesting the strength of BTC's ongoing hashing power, and surely miners had a great year (last year in 2021), and this year is going to weed a lot of them out. Bitcoin can be harsh, and maybe even harsher if miners got too cocky from their fortunes from last year.
