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To: Goose94 who wrote (127092)6/18/2022 9:36:12 AM
From: Goose94Read Replies (1) | Respond to of 203442
 
Bitcoin: @Excelsior Well… the #Crypto crash and carnage continues…. $Bitcoin took a swan dive down even further in early morning trading going into Saturday, and tagged $18,718 at 1:15am, and since has rallied back up some to $19,149 at the time of this post.

Still, from the all-time high of $69,000 back in November of 2021, to the present price that’s a about a 72% crash in just 7 months.

So is #Bitcoin a “ store of value”? – (nope)

So is #Bitcoin a superior “ #inflation hedge”? (nope)

So is #Bitcoin the widely dubbed “ #Gold 2.0” (nope)

coinbase.com >>

Remember this “Drop Gold” commercial from GBTC a few years ago? It didn’t age well… $Bitcoin is not $Gold 2.0 ??

ceo.ca