Oddbean new post about login | logout Cagr is basically 50% and people are complaining about price action lol 😂 this is an infinite money glitch. https://image.nostr.build/4a9528d5d70a8113e2e9fa1eb2f1130fccdb99246d26d0d9ea2173bb5399b0d3.jpg
Explain this to me like I’m triple jabbed
The use of acronyms makes people feel smart and special whenever they use them, but my guess is CAGR stands for “compounding annual growth rate.” It dipped below 50% when compared to itself over 4 years ago. I’m assuming this is a “big deal” because it’s never happened before? Not sure..
I’ve seen CAGR a million times and just now know what it means
Compounded annual growth rate in bitcoin is 48% over the last four years. Wheras it’s only 12% in traditional markets. Bitcoin holders are making 36% more per year than fiat investors.
Got it
When I started driving, gas was about a dollar per gallon where I lived, so in my head that's what it should cost. When I started buying Bitcoin, it was right about $60k, so regardless of what it's done in the meantime, and regardless of what my cost basis is at this point (and I don't honestly know), in my mind, it's gone sideways to down over the past years. People sometimes talk about NGU technology, to me it more seems more like number go sideways technology 😂
The people complaining are not the HODLers.
This. Buy high, sell low types be complaining.
HODL and chill ✅ nostr:nevent1qqspavfsgw82kghcw3tdygstfsf605qmzm7j8kyehank7cs0cae3recppemhxue69uhkummn9ekx7mp0qgsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgrqsqqqqqpv8snte
real shit nigga...just like chase
