Chris Liss on Nostr: Right, that's why price predictions are so dumb. “It’ll be $1M next year!” ...
Right, that's why price predictions are so dumb. “It’ll be $1M next year!” Yeah, but what does $1M buy then?
All price predictions need to be in 2024 USD, so if you say $1M it might nominally be $20M. But $20M meaning $1M 2024 dollars.
That said, it *should* vastly outpace inflation, and you will even with a fraction of one be able to buy some choice real estate!
Published at
2024-11-12 08:55:00Event JSON
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"content": "Right, that's why price predictions are so dumb. “It’ll be $1M next year!” Yeah, but what does $1M buy then? \n\nAll price predictions need to be in 2024 USD, so if you say $1M it might nominally be $20M. But $20M meaning $1M 2024 dollars. \n\nThat said, it *should* vastly outpace inflation, and you will even with a fraction of one be able to buy some choice real estate! ",
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