Is it me or have 32-34 GTR prices gone bonkers in Japan?

[Leroy Peterson]

On 4/9/2021 at 8:05 AM, joshuaho96 said:

BTC will probably see a correction at some point but it's already been through multiple boom/bust cycles, seems like every few years people re-discover it and decide it's gold until it isn't.

"until it isnt" ?
Even if you took the lowest bitcoin price of every year and drew a line joining the dots... it would still be outperforming every commodity and most companies over the last 10years.

[joshuaho96]

1 hour ago, Leroy Peterson said:

"until it isnt" ?
Even if you took the lowest bitcoin price of every year and drew a line joining the dots... it would still be outperforming every commodity and most companies over the last 10years.

Point isn't to debate the merits of cryptocurrency, the point is that you have 20-somethings putting their life savings into cryptocurrency and gambling on being able to buy that R34 GT-R with the gains, so it's all but guaranteed that prices of these cars are going to be affected by that. I knew people that bought stuff like BMW i8s with their crypto earnings back in the 2017 era, not a lot of that in the intervening years between that crash and the current price spike.

Edited April 28, 2021 by joshuaho96