Bitcoins are partyhats, change my view

>still having nightmares of getting ice barraged in the wildy

aaaahh. Good ole days.

youtube.com/watch?v=4dyP4LDMLG4

I want this as my ringtone. If someone doesn't know what RS is they won't think anything of it, it's just a weird bell. If they do know, I just found a cool pker friend

i remember loaning a blue partyhat from someone then pretended to my friends that i was given it, i was the most popular kid in school for a day.
btc=most popular npc

Alright let's drop the analogies and just talk numbers.

Let's say we live in a world where Bitcoin is a reserve currency, and each country still has a national fiat currency they use that is backed by something solid, and people trust it.
But Bitcoin is still there in the background to help make sure governments never fuck up their money, cause if they do, everyone will just flee to Bitcoin.

Alright, in this scenario, let's pretend that Bitcoin is as highly value as you say it could be. How high is that? 1 Bitcoin. 1mm? 10? 100? 1B?
Let's say a Bitcoin goes for 100 million dollars and that is its max value.
What then?

What about santa hats and Halloween masks?

I see them as eth and link.

Have masks and santa hats kept pace with party hat growth? Or have phats gone up like 100,000% in USD while the rest have only gone up 30,000%?

I don't know what you're asking me or what point you're trying to make. It will reach an equilibrium as do all things in the semi-free market in which we live. If people value it, they will buy it. If people don't, they will not buy it. It's supply and demand, it will reach a price that matches the supply and demand equilibrium. I don't know what it is, but it's clearly significantly higher than what it is now considering barely anyone owns Bitcoin and considering we know, due to the vast superiority of the currency technology of Bitcoin over all other known technologies, that it will supercede all other currencies in utility

Good question, I wish I had data on this but I don't.

Here's an interesting thing to note though - Blue Partyhats are now worth more than Christmas Crackers as of a few years ago. This is a new situation since typically crackers are more than a blue by some constant fraction, when in reality they're equal to whatever the ratio of partyhat commonality is times their prices (expected value of opening a cracker) plus some scarcity multiplier, which still probably doesn't bring it above the price of a blue

That being said, as for your main question, santa hats and crackers still count as Bitcoin, not ETH, because there is a constant finite supply whereas ETH is inflationary and will keep printing more forever

Something like third-age armor would be a good analogy for ETH - more will be printed forever, but it's rare enough that it doesn't cause severe inflation of the supply and they keep significant value

It seems like you don't even understand the picture you posted in the OP.
>partyhats are now all worth over max cash
Doesn't that statement mean anything to you?

I'll be back in a few month to see if you've leveled up.

Vagueposting doesn't make you look smart user

Partyhats are indeed worth more than max cash, but the max cash limitation is only because Jagex made the variable holding item stack sizes using a 32-bit integer rather than an arbitrary precision integral type. Their over-max-cash status means nothing unless that's not what you're focusing on

It means they are more valuable than any amount of money.
That will never be true for Bitcoin

you actually don't know what you are talking about, nor do you understand the analogy.

Look user, they are not valuable than any amount of money. Have you ever bought a partyhat above max cash before? You use alternative forms of currency

>Spirit shards, 25 gp each - increases max value of a stack to 2.147b * 25
>Platinum tokens, 1k each - increases max value of a stack to 2.147b * 1000

You can also trade multiple partyhats, for instance when I first bought my blue I traded a white + green or something, I don't remember. And to buy that white I traded a green + purple. And to get these greens and purples I paid 1.2b and 1.5b, or something, which is under max cash

The max cash limit is artificial and can be gotten around and there is no max cash limit IRL

Actually I just understood your misunderstanding - you think the finite supply if Bitcoin is analogous to the max 2.147b GP cap in Runescape? Is this it? If so, this is false, since that's the most that can occur in one stack, and there can be many stacks - one way to get around the max stack limit is to make a blue partyhat buy offer in the GE for max cash, then cancel it, then sell something for another max cash stack, then do this again and again

I'm not trying to be mean but you're not making a logical point here

Attached: bank.jpg (711x213, 70K)

Holy shit I'm nostalgic looking at that pic and almost wish I didn't sell my GP for USD. In retrospect it was a mistake because if I held all of my GP I made over the years I'd have around 80b right now from price increases

Edit: if I held my phats which increased in price, not if I held GP

Yeah I figured it out.
I thought max cash meant the entire amount of cash that any one player can ever be allowed to possess.
But its just some stupid arbitrary limit on the exchange or w/e. I just read about it.

Never played this game.
So the word max cash is actually meaningless.

So back to the main idea about bitcoin being like party hats.
Sure, why not. That's why its hard capped and what you should tell all shitcoins to fuck off. Every coin on CMC is stealing wealth from bitcoin.

what's the price history of gp/usd like? i googled for a bit but only found one going back to 2017. % growth since zezima days?

I used to own multiple partyhats when I played runescape as a kid. Got them when they were originally dropped. Ended up giving my account away when I got sick of the game, fucking wish I hadn't done that.