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
🧐🤑🧐
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I just guess, sometimes it works sometimes I become poor. Not sure which time this will be?!
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To the question in your title, my Magic 8-Ball says:
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Yay!
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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
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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.
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Good point
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I hope so. Otherwise it is just down and down and down.
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Warrior I am.
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