LogFAQs > #950107167

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TopicYou guys see what's going on with GameStop's stock?
Lopen
01/30/21 11:11:01 PM
#258:


Safer_777 posted...
@Lopen But everything flactuates and changes. Sure USA still uses Dollars but are you saying to me that 1 Dollar in 2001 has the same value as the 2021 dollar? Of course no.

The Dec 2020 dollar and Jan 2021 dollar are roughly the same value. Bitcoin in the past month has fluctuated between $27k to $42k. That's actually a comparable variance to the dollar's value (you'd be looking at around $1-$1.50) has had since 2001. There's also the fact that the value basically jumps all over the map on a day to day basis. Consider Bitcoin in the past 5 years has grown 80x and the dollar hasn't even grown in value a quarter of that in TWO HUNDRED years and comparing their variance is comical.

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