Are new cars getting more expensive or is the dollar just losing value?! by jondoe

bitcoin · @jondoe · Jul 5 '21

$66.52

Are new cars getting more expensive or is the dollar just losing value?!

# Car sales have been red hot as of late and prices keep going up, but not in bitcoin terms...

If you price things in bitcoin sometimes the results like quite a bit different.

The perfect example currently is car sales.

The new and used car markets are red hot right now.

Prices keep climbing and inventory keeps dropping.

However, when you price things in terms of bitcoin, the price has actually been dropping...


![image.png](https://cdn.steemitimages.com/DQmV5kc9Hpuu9N8hyapxJDrwG22buj7grrXySbhzEKrknbv/image.png)

(Source: https://twitter.com/PricedinBTC/status/1412060417124356104/photo/1)

It's all about perspective.

Of course things are priced in bitcoin or satoshis right now but they may be at some point.

That is the idea that no one seems to be talking about regarding El Salvador.

If they price things in satoshis there isn't any volatility at all in prices.

One satoshi is one satoshi.

👍 nutbox.mine, jphamer1, kevinwong, ctime, hingsten, bippe, fijimermaid, xpilar, mmmmkkkk311, dev.supporters, curx, ezzy, brianphobos, ribalinux, lanzjoseg, cpt-sparrow, teenovision, pixelfan, accelerator, jkramer, jrcornel, dlike, sshappydayz, hasenmann, steem-holder, salty-mcgriddles, exifr0, positivesteem, exifr, r351574nc3, sergino, exyle, passion-fruit, fortune-master, nealmcspadden, curiesea, floatinglin, optimizer, vipins, nadhora, gerber, htotoo, perpetuator, starrchris, blue0, luciuscato, guada1, steem.leo, khaleelkazi, leo.voter, corndog54, zarasheed

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@brianphobos · Jul 5 '21

I have been pricing the car market a lot lately and it is out of control.   I was seeing 2018 Traverses for $47,000.  It's like uuuuhhhhhh.....wat ???

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@sacred-agent · Jul 11 '21

$0.02

Thank You for sharing Your insights...

👍 sacred-agent

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@r351574nc3 · Jul 10 '21

re-jondoe-are-new-cars-getting-more-expensive-or-is-the-dollar-just-losing-value-20210710t205402589z

Isn't it inflation? Production materials have been going up up up. I noticed that if I wanted to buy some cheap would, it was really expensive. Like 300%!

👍 exifr, salty-mcgriddles

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