MiklosSarkadi: some anylists are overly optimistic.. in reality the market cap has to increase 1 trillion a years for a 25% gain... it will be a long time before it gets to a million.. more than a decade I think

MiklosSarkadi: i think well only get about 4.5x in the next decade

MiklosSarkadi: 3.5x even

MiklosSarkadi: by then everything will cost triple lol

MiklosSarkadi: funny isnt it..

MiklosSarkadi: the illusion of 100% gain when the inflation is closly behind

CryptoAlchemist L0: goodmorning all

Isaacts23 L0: MiklosSarkadi, do you mean we can get 4.5× increase on BTC in the next decade, thats a lot of increase

MiklosSarkadi: well the price of chicken where i live went up 300% in 3 yers.. nore than bitcoin did.. i dont see the gain vs inflation

MiklosSarkadi: inflation will eat your gain away..

MiklosSarkadi: they will print money.. lie about the inflation..

MiklosSarkadi: chicken was 1.80 lb 3 years ago.. its now 5.80 a lb.. the price of chicken is going up faster than btc lol

MiklosSarkadi: not a joke.. but people just dont see it

okika: MiklosSarkadi, that's why smart trading is better than investing. It surely grows and much later will feed you.

MiklosSarkadi: okika, I buy some oceaview property... increasing about 200 dollars a mont in value doing nothing with it lol

MiklosSarkadi: positive return about 25% so far...

MiklosSarkadi: i can put condos on it later after the lots around it are built up and no lots left..

okika: MiklosSarkadi, do you remember 209/2010? Anything that there is now, maybe tomorrow gone... As Bruce Lee said: be water. He meant be very flexible. there is always something to take.

MiklosSarkadi: yep in 2008 a house here was worth about 100k.. now over a million lol

MiklosSarkadi: back then they jacked the interest rates and real estate went sour for a decade

MiklosSarkadi: used to buy a pop for 5 cents.... now its too much

MiklosSarkadi: the illusion of making a 5 % gain when the inflation is higher lol

MiklosSarkadi: i still remeber what my phone number was in 1969...

VortexTrader L0: hi everyone

MiklosSarkadi: even my adress lol..

MiklosSarkadi: evebn the phone number for public transit.. i still remember the number after 50 years..

MiklosSarkadi: remeber the old tv.. they lasteed 40 years

MiklosSarkadi: had a 1970 GTO Judge ...

MiklosSarkadi: lots of room in them

okika: MiklosSarkadi, they still work here but nobody turnes them on. I don't even watch tv since 2010

MiklosSarkadi: okika, ya same here i have 3 tvs never watch lol

MiklosSarkadi: They used to make noce furniture back then that lasted.. now its all crap

MiklosSarkadi: i remeber the first transiter radio.. i had one.. it was like god in a box lol

MiklosSarkadi: the money went downhill since 1971.. inflation took over

okika: MiklosSarkadi, tv watchers in Hungary lost their sober mind, that's why there was a comesy about Hungary in the USA in 2018 by simply show what happens here. Funny from outside, hard and sad from inside.

okika: *comedy

MiklosSarkadi: okika, I have never been to hungary.. I live in Canada

okika: MiklosSarkadi, better for you

MiklosSarkadi: Father came herer in 1956

MiklosSarkadi: escaped during some revolution or liberation something like that

okika: MiklosSarkadi, we celebrate it every year

MiklosSarkadi: the Russian soldiers let my father escape..

MiklosSarkadi: so always grateful to Russia

MiklosSarkadi: okika, You live in Hungary?

okika: MiklosSarkadi, yes :/

MiklosSarkadi: Im not sure what happen with the Rusians but my Father said they let him cross the border to leave

okika: MiklosSarkadi, there are worse placed... here you just have no future and if you sick, better to trust in your own self-educated medical knowledge if you don't want to die...

okika: *places

MiklosSarkadi: okika, Well I think the EU was a mistake... and eu is collapsing .. next decade not looking good .. and the propaganda with Ukraine is bad too

MiklosSarkadi: okika, I dont think its much better here either ..