>>60606188 (OP)Dollar has devalue 10% against GBP. usd:gbp has gone from 1:0.82 in January to 1:0.73 now... And our currency is also trash against inflation increasing the cost out our goods. The point is that 111k in January had the same buying power as 130k (120-140k) now when you factor in devalued dollar at 10%. So BTC isn't 'mooning' USD is just fucking trash... BTC needs to be 124k to account for the 10% currency devaluation against GBP (you could use any other currency as a marker if you prefer) Then account for the increase in goods.
As far as I'm concerned in the UK. Now is a good time to start the cash out any buy expensive things from China as money is worth 10% more and goods in china are being reduced due to lack of sales to USA. So everything in China is on a 20-30% sale for the next 1-6 months due to tariff scares and devaluation... The prices haven't adjusted upwards yet and in 6-18 months when our economy goes to shit, it will.
It might just be worth holding your bitcorns, or cashing out to diversity 20-50% into gold. Bigger number isn't everything. 5 more years you may see the price of bitcoin rise to 500k as people start using the USD for toilet paper.