OTCQX:GTBAF - Post by User
Comment by
Goaweighon Dec 03, 2020 4:48pm
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Post# 32033290
RE:RE:RE:RE:Bitcoin or gold ?
RE:RE:RE:RE:Bitcoin or gold ?A Kid who's Daddy has bought him a decent computer can make bitcoin but only God has made gold.
One infinite, one finite...big differance !
lumpy13 wrote: Stanley Druckenmiller has bought Bitcoin, as has Bill Miller (big hedge fun guys). Citi thinks BTC may go over $300k in '21. Blackrock CIO thinks BTC could replace gold. Guggenheim announced it will make major buys of GBTC. Ray Dalio is reconsidering BTC. Square has put a large put of its liquidity into BTC. Michael Saylor/Microstrategy has over $1b in BTC. Numerous BTC quants see $100k BTC by YE21.
A lot of people continue to think BTC is a ponzi scheme, but increasing numbers of institutional investors are buying. With a total market cap of around $400b (vs $10t for gold), there is a tremendous momentum building.
Boomers buy gold and think BTC is a joke. Millenials buy BTC and think gold is a joke. I'm betting on both and enjoying the run.