@TicTocTick Problem with you gold bugs is that you don't look at the full picture. Since the monetary expansion in Mar 2020, as of tonight BTC is up 626% and Gold up 24%. BTC is a hedge against inflation if you are objective. Do not look at just the volatility!
@TicTocTick I can guarantee you that if you listen to the top podcasts in order you will truly understand what is needed to become a believer. If you do not do the work, you are simply looking at this like the disbelievers of the internet in the 1990s.
@TicTocTick have you even done the work to study #btc other than orderflow? To compare it to MySpace is quite newbie. Entire ecosystem being developed on btc layer 2. You will be wrong on this one. Save this tweet.
"He who blames others has a long way to go on his journey. He who blames himself is halfway there. He who blames no one has arrived."― Ancient China Knowledge, The 36 Stratagems in Ancient China War: 三十六计
In December 2018, the Fed was forecasting a Fed Funds Rate of 3.125% by the end of 2020.
By December 2019, they had lowered that to 1.625% after cutting 3x last year.
Today, the market is pricing in a 1% Fed Funds Rate by year-end, implying 2-3 more rate cuts.