Does this chart look familiar to anyone else?
It's the inflation adujusted gold chart starting from 1970:
Gold futures launched for the first time ever right around this time, which initially sent prices down.
Which, as you can see, was followed by a moon shot later on, that even dwarfed the original.
Bitcoin = Gold2.0
Will bitcoin do the same?
Hope you have some insight and you are right
🧐🤑🧐
I just guess, sometimes it works sometimes I become poor. Not sure which time this will be?!
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Yay!
i'm pretty sure it will :) and if not bitcoin so the crypto world in general... lets just hope its not going to take 40 year like it took gold haha
It moves significantly faster than gold did. Look at how long it took prices to peak vs. that of bitcoin. What took gold years, took bitcoin weeks.
Good point
I hope so. Otherwise it is just down and down and down.
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