Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitcoinBunny
on 13/10/2021, 15:39:55 UTC
Looks like Gold prices are finally starting to feel the upward push of inflationary policy. I think our BTC rise so far this month has been more of a self fulfilling prophecy situation. Price going up because everyone is expecting it to go up Oct. through Dec. But now Gold is showing the natural effects of money printer go brrr and we'll start to see BTC accelerate in its uppity climb.

Still down from ATH 10 years when measured in dollars which in fact means gold has not even kept its value against inflation at all.

That pretty much sucks I would say.

Even if you don't care for crypto property would be a far better bet.