controllinghand

Forget about USD how does Bitcoin compare to GOLD

Panjang
We all know that inflation is here. So let's take that out of the equation.

Here is a comparison of Gold to Bitcoin based on the Bull and Bear runs on BTC.
Back in 2018 Bull Market you could buy ~8oz of Gold for 1 Bitcoin
In 2019 Bear Market you could only buy ~3oz of Gold for 1 Bitcoin
In 2021 Bull Market you could buy ~32oz of Gold for 1 Bitcoin
Today Bear Market you can only buy ~16oz of Gold for 1 Bitcoin
@PeterSchiff what do you think?
@APompliano what do you think?


Penafian

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