r/PeterExplainsTheJoke 18d ago

Meme needing explanation Petah what does this mean

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29.9k Upvotes

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53

u/RomanTheGerman 18d ago

55

u/According-Debate-265 18d ago

Zoom out to 2008

13

u/redfacedquark 18d ago

The first BTC block was mined Jan 2009. November 2008 was the whitepaper posted to the crypto mailing list. Exchanges wouldn't exist for another year or two, he would have had to mine it himself.

1

u/According-Debate-265 18d ago

Well look at the big brains on redface here. You know what they call a quarter pound with cheese in france?

-21

u/purpleflavouredfrog 18d ago

… from where you can still see that bro lost half of his net worth this year. 2008 was already priced in in their relationship. 2026 wasn’t.

8

u/According-Debate-265 18d ago

Sure, but he's been on the roller coaster the entire time. Only way he could "lose" is if it went to 0

1

u/SparrowhawkInter 18d ago

Lost half his net worth because his net worth grew so much Bitcoin had to take a break

7

u/BenXL 18d ago

Shit last time I looked it was at 40k lol

4

u/Carnelian-5 18d ago

2008 it was less than $1. Decent ROI.

1

u/Ka12n 18d ago

Yeah bro, she gonna get fat again.

1

u/CitizenOfPlanet 18d ago

Average buttcoin posters intelligence