 |
Some preface about this: I am bored. I wanted to know if the George Fool Line's value is if we take note of the inflation we had since 2017, and asked noise.cash about it.
Anyhow, here is my post asking about it: https://noise.cash/post/l33g7n6v
The response, as given by MoreGainStrategies, resulted in the following:
He tweeted on August, 18th 2007[sic] that anybody who bought BCH at $668 is a fool.
www.reddit.com/r/btc/comments/b8...
If we give him the benefit of the doubt and use 5% inflation per year, the George Fool Line is at $800 for the 1st of May 2021.
With this image connected with it:
https://preview.redd.it/flv9zk3a3gw61.png?width=1920&format=png&auto=webp&s=f8471a3a6efe86f740b0c20cca9ebab0ba9cafbf
Then, after I said, "what about actual inflation rates?", he posted this:
If we use the inflation numbers from here
www.statista.com/statistics/2449...
the result is $716.31 for the 1st of May 2021.
With this image attached to it:
https://preview.redd.it/rll1rzta3gw61.png?width=1920&format=png&auto=webp&s=c9faf43c89c19b8530426d37a3eca46d4f167d75
Thus, I hereby conclude that:
- I am bored. Too bored.
- The George Fool Line is an arbitrary number in form of US dollars.
- We're still past the line.
More details here by the man himself: https://noise.cash/post/lv2jx2x4
submitted by /u/RowanSkie
[link] [comments] |
from Bitcoin - A Peer to Peer Electronic Cash System https://ift.tt/3vz2MiZ
No comments:
Post a Comment
We have received your message and would like to thank you for writing to us, we will reply by email as soon as possible.
Talk to you soon,
[Pakcoin Worker]
[Pakcoin Global]