Immaginate una shitcoin dalla supply infinita, totalmente centralizzata e che può essere creata dal nulla da parte di un solo soggetto facendo perdere di valore quelle già in circolazione.
Esiste già è il dollaro! 😁💩
Inflation rate:
Argentina 🇦🇷 109%
Turkey 🇹🇷 43.68%
UK 🇬🇧 10.1%
Italy 🇮🇹 8.2%
Germany 🇩🇪 7.2%
South Africa 🇿🇦 7.1%
Australia 🇦🇺 7%
Mexico 🇲🇽 6.25%
France 🇫🇷 5.9%
Netherlands 🇳🇱 5.2%
USA 🇺🇸 4.9%
India 🇮🇳 4.7%
Canada 🇨🇦 4.4%
Indonesia 🇮🇩 4.33%
Brazil 🇧🇷 4.18%
Spain 🇪🇸 4.1%
South Korea 🇰🇷 3.7%
Japan 🇯🇵 3.5%
Saudi Arabia 🇸🇦 2.7%
Switzerland 🇨🇭 2.6%
Russia 🇷🇺 2.3%
China 🇨🇳 0.1%
BREAKING‼️🇦🇷 The metal in a $2 Argentine Peso coin is worth $12, so people are taking them out to sell.
ARGENTINA 🇦🇷
• Inflation: 108%
• Interest Rates: 97%
2017: Credit Suisse $CS CEO says #Bitcoin at $7,000 is "the very definition of a bubble".
2023: #BTC is pumping past $28,000 while his bank is failing ☠️
Time for some hopium.
We have been in 30k-60k range for 1.5yrs now. But the first time we were at 30k (Dec 2020) BTC was overbought (weekly RSI ~90). Second time at 30k (Jul 2021) BTC market was neutral (RSI ~50). Now at 30k BTC is oversold like peak covid fear Mar 2020 (RSI 34).