We’re not really in a bull market as far as I’m concerned

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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

lol nah

Lololol. Ok

4 years ago you needed 3oz of gold per bitcoin. Now you need 30.

I agree.

Still below ATH in gold.

#soon πŸš€

Gold still pumping too

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

πŸ’―

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 πŸ˜‚πŸ˜‚πŸ˜‚

Bull market is north of 50 oz 🀝

Previous ATH was 40 oz

Currently below 30 oz