As of now 1 BTC is worth more than 1kg of gold.

in LeoFinance2 months ago

20210221 21_30_57Gold Prices Today _ Live Gold Spot Price _ Price Charts per Ounce_Gram.png

20210221 21_32_20Cryptocurrency Prices, Charts And Market Capitalizations _ CoinMarketCap.png

It is official. If you are willing to spend 1 BTC to buy that shiny 1kg gold bar...you get some change back too.

All those stories about gold is the only thing that matters and has real value while BTC is just a bubble that will blow up on our faces some day....ya those stories...Imagine that...

Also imagine this...

Now if this isn't bullish then I don't know what is?

Some facts about BTC that will make your skin crawl...


This is BTC's weekly chart. The thing is that once you zoom out you definitely have a clearer picture of what's going on and also what's going to happen next...

20210221 21_43_0857,982.58 _ BTCUSDT _ Binance Spot.png

Doesn't previous ATH (2017) look like a small cliff while current ATH like a freaking mountain?

What's also interesting when you zoom out is that you realize how stupid you were for not jumping in on BTC train at any given moment those past 50 weeks. Ya it's been almost 50 weeks since it dipped at $3780 and price never looked back...

But of course you had some buy orders at #3000 - $3500, right?

And when price jumped at $6000 you placed some new buy orders at $5000 - $5500, eh?

And the same story at $12000...

With this and that we're a few inches away from $60.000. Do you still place those buy orders a few grand lower hoping for that massive dive?


  • It's been ~ 4432 days since BTC launched and its price goes up ~ $13 per day...

  • Price on February 1st, just 20 days ago was $33K...today it's cruising above $58K. That's $25000 up for each of the 18.63 mill tokens in circulation...a total growth of ~ 500 bill in the last 20 days...

I don't really know if there's any other asset that performs the same way BTC does all those years...actually I highly doubt there is one...

Probably the best reason why it's never too late to buy some.

There will be only 21 mill tokens and that's it. With institutions buying massive amounts competing each other who holds more you'll still belong to the elite even if you hold 0.01 BTC in a few years.

21 mill tokens is just not enough for everyone...

Grab some before mass adoption happens...because when we get there...it will be too late...

You're still an early adopter.

Have a good one people.

Cheers.

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It makes me want to buy a kg of Gold and some icecream lol

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lol

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Have a look at BTC in 2017 in comparison with 2013 levels and you'll have a mind blowing perspective. The 2013 peak is just a dot on the chart in comparison with the 2017 one. How do you think the 2017 one will look like when putting it against the future one? 2021 will be mind blowing.

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Ya I think it will look like a dwarf

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The real question is:

is 1 BTC worth 1kg of cocaine?

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Ha! Gangsta

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Hehehe, interesting to see entrenched people (like the gold guy) taking a while and slowly changing their views.

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Imagine that. If he buys then we are on the right track. Unless he already holds bags and pretends to be a saint

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The cycle is going to repeat itself, I think. Another long winter where everyone is kicking themselves for not selling at the top, weak hands folding, etc.

Then, boom! BTC goes up like a rocket past its ATHs to $500,000.

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Highly possible

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That's a beautiful move and I think with this, more eyes would now be stayed at Bitcoin and crypto or we may likely have a CRYPTICGOLD soon.

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2 years back the majority of people were not believing that this could happen and looking at the current BTC growth we can say 1 BTC= 1 Jaguar car.
I still think that its just the beginning and the best of BTC is yet to come.

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Bitcoin is the new reserve currency. It's past 1 trillion in market cap and that doesn't even register with me as being odd. How times have changed...

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1KG KOCAIN IS STILL WORTHY MORE THEN 1BTC

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We'll get there soon enough

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Wonder what Peter Schiff has to say, LOL.

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Nothing worth listening to. His son seems to be the brains in the family.

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wow

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I prefer look for other assets like dash and litecoin. Both are great coins. Dash price also raises significantly

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If you are looking into privacy coins then I suggest you have a look at XMR. Atomic swaps are about to be released and it will go beast mode

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Just drop this morning and
the same question arises again.
This is what happen when one decides
to sell and waiting to buy again.
#Gold will be first line for asset class
#bitcoin is the new and improved asset class
with volatility at best.

!BEER

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...used to be :) things change fast in cryptospace hehe

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Say that again...someone told me 475K longs were liquidated...

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im bullish in any case :)

It's insane!

BTC is rocking!

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Hey @mindtrap, here is a little bit of BEER from @pouchon for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Very well written. I Hvae been hold on to some bitcoin for quite awhile, I did spend some of it this month and invested it into hive, ctp, leo, workerbee...I figure that these tokens will help increase my future goals financially.

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