Only looking at #Bitcoin price in fiat currencies is very misleading bc governments and institutions can manipulate it in the short run bc it’s their system. Just look what happens to #Gold.
Rather study fundamentals (hash rate, block time, diff adj) and rate of adoption.
Carl B Menger
Bitcoin Chief Hodler
Subscribe: https://carlbmenger.substack.com/
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The $1 million purchase (~10 #Bitcoin)…
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Average #Bitcoin Journey:
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