Peter revenge. 👏We should have listened to him, two months ago, out of the 16 years in bitcoin's existence. About 1% of the time.I am sure bitcoin fluctuated negatively against gold more than that, except BTC went from $0.004 to $110,000 USD in 16 years.Peter Schiff (@PeterSchiff):Gold is eating Bitcoin's lunch. Bitcoin is now down 32% priced in gold since its August high. This Bitcoin bear market will be brutal. HODLers, sell your fool's gold now and buy the real thing, or have fun going broke. ...

Bitcoin will follow Gold soon$150k-$180k is coming in Q4Save this post. https://t.co/qu9L9MXZrG ...

Market Trend - Gold's market capitalization is currently $30 trillion, a significant increase from $10-15 trillion three years ago [1] - The author believes Bitcoin's valuation should equal Gold's [1] Investment Opportunity - If Bitcoin's valuation equals Gold's, it represents a potential 15X increase from its current value [1]

Bitcoin Market Analysis - Bitcoin's year-to-date increase of approximately 37% is considered unusual for a bull market, as it underperforms gold, which is down 12% against gold this year [1] - The current Bitcoin market is characterized by a lack of new retail involvement and is dominated by institutional players and nation-state level activities, leading to slower and more controlled price movements [1] - JP Morgan's report identifies Bitcoin and gold as "the debasement trade," anticipating continued increases in value for both assets [1] - There's a narrative shift where younger generations perceive Bitcoin alongside gold and silver as stores of value [1] - The discussion highlights a potential "lab leak hypothesis" regarding Bitcoin's origins, suggesting it may have been released from an NSA or CIA project [13] Bitcoin's Role and Impact - Bitcoin is viewed as a dissolving force for traditional power structures, potentially destabilizing the current system in a way that major institutions may not fully grasp [2] - Bitcoin is described as a "paperclip maximizer" that turns the entire world into Bitcoin, suggesting its pervasive and transformative nature [2] - The inherent properties of Bitcoin, such as its costly production and verifiable nature, align with human greed and create a system where incentives favor strengthening the network rather than attacking it [3] - The speakers suggest that Bitcoin is inevitable because it aligns with the incentives of individuals, corporations, and even nation-states to maximize value [3] - The discussion touches on the idea that Bitcoin adoption requires conformity to its rules, leading to alignment and further manifestation of Bitcoin in the world [3] - Bitcoin is presented as a tool for rational optimism, offering hope and a vision for a positive future, contrasting with the nihilistic outlook often associated with fiat systems [16] Bitcoin and Personal Transformation - Adopting Bitcoin can lead to a shift in mindset, creating a "Bitcoin self" that prioritizes truth, justice, and fairness, contrasting with the political maneuvering often associated with fiat systems [3] - The speakers emphasize that Bitcoin is a moral system because it is not designed to enrich some at the expense of others, promoting a more egalitarian approach [3] - The discussion highlights the importance of focus and dedication to Bitcoin, suggesting that deep immersion can lead to a better understanding of its potential and impact [25][28]

the OG bitcoiners have been selling a FUCK ton this year genuinely only reason we aren't 2x higherplur daddy (@plur_daddy):The name debasement trade is not exactly accurate. It's more of a things are not right in the world trade. Retail/HNW is flocking to gold, not because they are trying to express a nuanced view on USD pairs and monetary policy, but because they can intuitively feel the world is ...

Core Viewpoint - The dollar index is experiencing downward pressure due to dovish comments from the Federal Reserve and disappointing economic data, while the euro is gaining strength amid easing political risks in France and supportive comments from the European Central Bank. Group 1: Dollar Performance - The dollar index (DXY00) is down by -0.21% and has reached a one-week low, influenced by dovish remarks from Fed Governor Christopher Waller regarding potential interest rate cuts to support the labor market [1] - The October Philadelphia Fed business outlook survey fell significantly by -36.0 to a six-month low of -12.8, which was weaker than the expected 10.0, contributing to bearish sentiment for the dollar [3] - The ongoing US government shutdown is also seen as a negative factor for the dollar, as prolonged shutdowns could harm the US economy [3] Group 2: Economic Indicators - The October NAHB housing market index rose by +5 to a six-month high of 37, surpassing expectations of 33, indicating some positive momentum in the housing sector [3] - Richmond Fed President Tom Barkin noted that US productivity growth appears to be improving "significantly," which may help mitigate inflationary pressures from trade tariffs [4] Group 3: Euro Performance - The EUR/USD pair is up by +0.21% and has reached a one-week high, supported by easing political risks in France after Prime Minister Lecornu survived two no-confidence votes [5] - Hawkish comments from ECB Governing Council member Wunsch indicated that the likelihood of additional ECB rate cuts has been decreasing, further supporting the euro [5][6]

Gold has been one of the most powerful memes in human history. ...

Market Drivers - Central banks, worrywarts (risk-averse investors), and shoppers are driving gold's rally [1] Industry Dynamics - The gold market is influenced by central bank policies, investor sentiment, and consumer demand [1]

RT Trending Bitcoin (@BitcoinNews21M)Jack Mallers gives the best argument ever on why #Bitcoin is SUPERIOR to Gold against Peter Schiff 🔥 https://t.co/0dB7JCliJv ...

From India to China and Turkey, the rush to buy gold despite this year’s nearly 60% ascent to record prices stems from multiple projections that today’s eye-watering levels will likely look like a bargain in a few months’ time https://t.co/vdjAi6UaLJ ...