05-10-2022, 06:27 AM
El Salvador just bought the dip again
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/ulzith/el_salvador_just_bought_the_dip_again/"> <img src="https://a.thumbs.redditmedia.com/WkJg3zbU-S7erGp0q_39wssgGexpLbKoSguEpWr24C4.jpg" alt="El Salvador just bought the dip again" title="El Salvador just bought the dip again" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Just 25 mins ago El Salvador president Nayib Bukele announced he bought another 500 coins at $30,774.</p> <p><a href="https://preview.redd.it/pp097yit6iy81.png?width=741&format=png&auto=webp&s=5833f945a43c66bc9bfdedd2652321fc2bdb4366">Source: Twitter</a></p> <p>Somebody made a website to show the purchase history and it looks like they are down 33%:</p> <p>​</p> <p><a href="https://preview.redd.it/bdbn02x57iy81.png?width=1624&format=png&auto=webp&s=f2d38ea116bc832d36a80b791f0a895642654fde">nayibtracker.com</a></p> <p>Even if this is the lowest purchase so far, it's already gone down:</p> <p><a href="https://preview.redd.it/uzq4bgtc7iy81.png?width=1512&format=png&auto=webp&s=21bbfd6a729530bf56180075a13649d595ff6a24">nayibtracker.com</a></p> <p>Bitcoin current price is $30,642. El Saldavor's DCA average is $45,908.42.</p> <p>And looks like the experiment hasn't gone well lately. A study by a U.S.-based think tank, the National Bureau of Economic Research (NBER), said only 20% of Salvadorans have continued to use the nationally issued and technically flawed digital wallet needed to spend bitcoin. </p> <p><a href="https://preview.redd.it/bkt0zvkw7iy81.png?width=1888&format=png&auto=webp&s=a739309610e67d3fc16b7f764a75fdbab923e3bc">Source: Paymnts.com</a></p> <p>What's the future hold?</p> <p>What do you think of this situation?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/milonuttigrain"> /u/milonuttigrain </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulzith/el_salvador_just_bought_the_dip_again/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulzith/el_salvador_just_bought_the_dip_again/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/ulzith/el_salvador_just_bought_the_dip_again/"> <img src="https://a.thumbs.redditmedia.com/WkJg3zbU-S7erGp0q_39wssgGexpLbKoSguEpWr24C4.jpg" alt="El Salvador just bought the dip again" title="El Salvador just bought the dip again" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Just 25 mins ago El Salvador president Nayib Bukele announced he bought another 500 coins at $30,774.</p> <p><a href="https://preview.redd.it/pp097yit6iy81.png?width=741&format=png&auto=webp&s=5833f945a43c66bc9bfdedd2652321fc2bdb4366">Source: Twitter</a></p> <p>Somebody made a website to show the purchase history and it looks like they are down 33%:</p> <p>​</p> <p><a href="https://preview.redd.it/bdbn02x57iy81.png?width=1624&format=png&auto=webp&s=f2d38ea116bc832d36a80b791f0a895642654fde">nayibtracker.com</a></p> <p>Even if this is the lowest purchase so far, it's already gone down:</p> <p><a href="https://preview.redd.it/uzq4bgtc7iy81.png?width=1512&format=png&auto=webp&s=21bbfd6a729530bf56180075a13649d595ff6a24">nayibtracker.com</a></p> <p>Bitcoin current price is $30,642. El Saldavor's DCA average is $45,908.42.</p> <p>And looks like the experiment hasn't gone well lately. A study by a U.S.-based think tank, the National Bureau of Economic Research (NBER), said only 20% of Salvadorans have continued to use the nationally issued and technically flawed digital wallet needed to spend bitcoin. </p> <p><a href="https://preview.redd.it/bkt0zvkw7iy81.png?width=1888&format=png&auto=webp&s=a739309610e67d3fc16b7f764a75fdbab923e3bc">Source: Paymnts.com</a></p> <p>What's the future hold?</p> <p>What do you think of this situation?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/milonuttigrain"> /u/milonuttigrain </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulzith/el_salvador_just_bought_the_dip_again/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulzith/el_salvador_just_bought_the_dip_again/">[comments]</a></span> </td></tr></table>