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 ..

MiklosSarkadi: Ther inflation....

dominozzz L1: sup yobit

MiklosSarkadi: probably worse in usa than here.. not much diference

okika: MiklosSarkadi, to be short about it: in the 2nd world war the Russians beated out Germans from here and stayed here as "friends and deliverers." It's When Stalin died, the Hungarian government was divided, Imre Nagy wanted better life here, others wanted haevier ruling. This caused the riot, the people wanted Imre to be leader. Later Russians came with tanks and destroyed the riot. They puted Janos Kadar to be leader. He first killed Imre and some people and couple years later started to make true the go

okika: He first killed Imre and some people and couple years later started to make true the goals of Imre and the people...