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Void_Sloth

Inflation pushes Bitcoin to ATH in 3 nations, closes in on 4th (self.bitcoin)

submitted 1 year ago* (last edited 1 year ago) by Void_Sloth to c/bitcoin

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Due to the rampant inflation of fiat currencies Bitcoin has reached a new All Time High (ATH) in 3 nations, and approaches it in a 4th.

Breached ATH

Argentina: https://www.google.com/finance/quote/BTC-ARS?sa=X&ved=2ahUKEwjd7aTVheT_AhUfMVkFHfXuDcgQ-fUHegQIARAc&window=MAX

Lebanon: https://www.google.com/finance/quote/BTC-LBP?sa=X&ved=2ahUKEwjto8f4heT_AhU0FlkFHceXCqYQ-fUHegQIARAc&window=MAX

Venezuela: I was unable to locate an accurate chart for BTC/VES due to the changes made to VES in 2021. https://www.nbcnews.com/news/latino/venezuela-unveils-new-currency-6-fewer-zeros-rcna2515

However if you take a look at the 1 and 10 year chart (https://www.xe.com/currencycharts/?from=BTC&to=VES&view=1Y) you can see that adjusted for this change the previous ATH was 210,403 and today's price is 846,874.

Approaching ATH

Turkey: https://www.google.com/finance/quote/BTC-TRY?sa=X&ved=2ahUKEwi-yqSOh-T_AhX0FFkFHV7nAVQQ-fUHegQIARAc&window=MAX

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[–] Void_Sloth 3 points 1 year ago (1 children)

Thanks! I've noticed that as well, there seems to be some compatibility issues at the moment due to the different versions on the instances.

Would love to have you here, maybe with the two of us it'll start to feel a little more lively.

[–] PopularUsername 3 points 1 year ago (1 children)

Agreed, with two people posting it will look a lot nicer, I'll try to add a post a day/every other day here and hopefully people will start to notice. Honestly pretty surprised that the bitcoin and crypto subs have no presence here, they seem so relatable to lemmy. I imagine it's only a matter of time.

[–] Void_Sloth 2 points 1 year ago

Nice, I look forward to it. I was a bit surprised as well, and suspect you right that they'll come in time