Translate the 2018 bill—two people dining at Aldos, spent 1,963 pesos. At that time, the blue exchange rate was 20, roughly equivalent to $98. What does this detail indicate? The period from 2019 to 2023 was actually an extraordinary anomaly for the crypto market. It was ridiculously cheap. The current price levels are gradually returning to normal, and may even be a bit higher. History has its rhythm; the ultra-low prices back then were just an exception, not the norm. Look at how the exchange rate and prices move, and you'll see that the pricing logic of crypto assets is also within that context.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
21 Likes
Reward
21
7
Repost
Share
Comment
0/400
SigmaValidator
· 01-19 03:22
2018 was truly the era of the chosen ones. Looking back now, it almost feels like a dream...
View OriginalReply0
ContractFreelancer
· 01-19 03:06
Damn, spending $98 on two meals? Back then, the crypto world was really dirt cheap... Thinking about it now, not buying the dip back then was really a huge loss.
View OriginalReply0
TrustlessMaximalist
· 01-18 12:43
That period was really outrageous... Looking back now, I realize that the cheap prices back then were not benefits at all, but traps. History is repeating itself, but the prices are no longer the same.
View OriginalReply0
quiet_lurker
· 01-16 03:44
That period was really ridiculously cheap. Now that I think about it, I kind of regret it.
View OriginalReply0
LayerZeroJunkie
· 01-16 03:41
$98 for two people to eat... Back then, the crypto prices were really ridiculously cheap. Thinking about it now, I regret not going all in at that time.
View OriginalReply0
FunGibleTom
· 01-16 03:34
Wow, $98 for two people to eat? It has already doubled now. I was saying that those years were really a good time to scoop up deals.
Translate the 2018 bill—two people dining at Aldos, spent 1,963 pesos. At that time, the blue exchange rate was 20, roughly equivalent to $98. What does this detail indicate? The period from 2019 to 2023 was actually an extraordinary anomaly for the crypto market. It was ridiculously cheap. The current price levels are gradually returning to normal, and may even be a bit higher. History has its rhythm; the ultra-low prices back then were just an exception, not the norm. Look at how the exchange rate and prices move, and you'll see that the pricing logic of crypto assets is also within that context.