Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 13/10/2021, 19:35:40 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 ago 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 also considering storage fees (if you don't keep bars locked away at home at least).

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

Gold is like keeping cash in a 0,01% interest savings account.

What's crypto property?  Why would anyone want something like that?  Sounds like a bit of a weird and amorphous concept.