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posted 2 years ago by Uhtred 2 years ago by Uhtred +23 / -0

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– OtherwiseSafe 3 points 2 years ago +3 / -0

It's not mathematically possible for him to have lost 85% of his investment in bitcoin yet.

If he bought 12k of bitcoin at the absolute maximum of 68k/BTC, he would have roughly 0.176470 of a bitcoin. At 27k/bitcoin, he'd have 4,764.70 USD - If he bought in at any lower BTC price, then he would have more than 4764.70 USD

so he's, at the very least, exaggerating his losses.

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– Threeballes 3 points 2 years ago +3 / -0

Thanks, was going to do this.

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– stray502 1 point 2 years ago +1 / -0

The loss for bitcoin was almost 30% that is huge.

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– Secretyrussianspy 1 point 2 years ago +1 / -0

It's not a loss. Price will go back up and the only people who lost are people who sold at rock bottom.

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