Oddbean new post about login | logout If we are going to shit on ETH people for celebrating ATH in fiat while they are down in BTC we need to wait until the ATH in gold before we celebrate as well 🤙 a@ https://image.nostr.build/849d9ff2cf3b2d2250e9250b423da3dbd85434a006515caa83358325ff492ec8.jpg
Meanwhile I have a fat friend who insists his side 40 Chrome Hearts jeans are not a shitcoin 🤣
I have no idea what that is
$10,000 Jeans with crossed embroidered on them
Nfw 🤯
He also owns nothing, but Ubers everywhere and hemorrhages money worse than a stripper
Sad fiat slave
Real conversation w/him yesterday He has been insisting I sell since $3400 🤣 https://image.nostr.build/cf264592e5a2a4dd73b07c7d61fea8e0ce7deac756c18649a0cf1aba43e1c995.jpg
What if your benchmark is hashrste rather than gold?
Could be, but I think the market is the final judge. Clearly with the current hashrate we are incredibly undervalued.
Absolutely
yeah, I think gold is the true measuring stick (for now)... looks like we still have a few more hours to go. 😉
I'm checking, it's like $3.2k but the ATH was $4.5-ish?, so they're still far from celebrating. I misunderstood your note!
Agreed on being real and consistent with ourselves though. A couple of days ago I reminded everyone that we've being talking about gold's market cap as our natural target -- well, that's $18 T now, and requires a price of $800k. I don't know if we are even making real gains against gold.
Agreed on being real and consistent with ourselves though. A couple of days ago I reminded everyone that we've being talking about gold's market cap as our natural target -- well, that's $18 T now, and requires a price of $800k. I don't know if we are even making real gains against gold.
