We’re not really in a bull market as far as I’m concerned
Login to reply
Replies (21)
It's not a bull market until the goldbugs are asking us what we will do with our internet doubloons when the asteroid hits.
Bitcoin will continue to lose to gold. Gold is king and from God. Bitcoin is from man. God> man ; Gold>Bitcoin
I agree.
Still below ATH in gold.
#soon 🚀
lol nah
Lololol. Ok
Gold still pumping too
ok Peter Schiff 🫂
View quoted note →
4 years ago you needed 3oz of gold per bitcoin. Now you need 30.
Gold is inferior to bitcoin in every way except adoption.
You can't lose if you're on the winning horse. #btc
I just want stable money, man, all time highs for commodities usually just mean all time lows for the dollar and its wicked friends
💯
Okay, Peter
Now do 6 month, 1 year, 2 year, etc. You found the one magical timeframe gold out preformed BTC. The old 10 month timeframe. Hahahaha
One Bitcoin is roughyone kilo of gold .. which means you are getting it at a 90 percent plus discount cuz by 2045
One BTC = 10 kilo of gold ..
Why ? gold supply parity
21 million BTC = 210 million Kilos of gold .
It’s coming.
Same 😢
Yeah, you could argue BTC:Gold has been basically even - with much volatility - for like 5 years. But, if that's your conclusion, you're getting distracted by Bitcoin's volatility. The signal for adoption is in the consistently higher lows... all the momentary highs are just the noise from massive speculation.
I agree. Though it is worth remembering central banks are buying gold, which makes a pretty tough market to compete with as long as people accept their scrap paper. When their buying pressure lets up we may well RIP on the BTC/XAU chart.
Damn it.
You sound like my brother 😂😂😂
Bull market is north of 50 oz 🤝
Previous ATH was 40 oz
Currently below 30 oz