Gold is absolutely ripping.
Amazing to watch.
every $300 jump in the gold price is 1x entire Bitcoin market cap.
If gold can move up by several trillions of dollars in a year...
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You should post here more often
The financial system is melting down 💛
Im planning to.
Main issue is getting Nostr to work desktop (I try to avoid phone socials)
You’ve been pretty bearish about this bull cycle … I think you were like $150k maybe $200k on your last round of podcasts.
Is the lengthy consolidation and the macro overlay making you question that call? Getting more bullish that we can get to $450-$500k in 2025? Higher?
Not bearish, measured.
I've never said it would be THE TOP, just a likely spot for A TOP.
We need to pass 150k to get to 151k, and so on.
Since when is a bitcoin bull market “measured” 😂
Oh gotcha. Yeah, still early days, but desktop clients will get better over time. Primal seems to have a decent desktop client.
My analysis is measured.
Lots of folks didn't expect chop for 2024, nor right now. I did because markets of large size take more oomph to move them.
Im measured because the data tells me that is what is most likely. I don't know the future, nobody does.
But I am always honest with what I think is realistic vs BS engagement.
Yeah, it should hit 3K soon. Gerald Celente of the Trends Journal called it in 2023. I bought a little then. One of the primary reasons is that central banks of the world are buying gold as they push fiat stable "shitcoins" on us.
30y gold looking like a 3 year Bitcoin chart.
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I seem to remember gold doing this before bitcoin took off last time
It’s depressing, bitcoin only went up as much as gold today
Tried nostrudel? By far my favorite desktop nostr client.
How likely is it (as per Saylor’s advice) that the USA will sell their gold to punish their adversaries that are buying gold and then buy bitcoin?
I personally do not factor that in as a possibility.
It seems fantastical imho.
Gold is going to be a lot harder for btc to overtake than people think. I’m happy to own both for now.
I was thinking the same thing. Nice to see you on Nostr @_Checkɱate 🔑⚡🌋☢️🛢️
Bitcoin does follow the gold after a certain lag.
I know! It's really quite incredible how quickly Bitcoin has grown in only 15 years. I mean to think a $300 change in the price of gold would have been 10x Bitcoin's entire market cap only 5 years ago, 100x 10 years ago and, idk... Something like a billion times 15 years ago?! Holy cow, imagine what Bitcoin will be worth when it gets to be a few thousand years old!! 🤑
What are dollars?
Perhaps we should stop using an inflating base unit
Doesn't sound like that is trump or Besant's plan:
cool to see you post on nostr 🙌
love the charts on checkonchain btw 👌 checking them waay to often 😅
The harbinger.
bring it ...
Digital gold 🧡
Same.
Hmmm 🤔
Love your work @_Checkɱate 🔑⚡🌋☢️🛢️ 🤘🏽