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re: If you haven’t already reallocated your 401K into a safe space, you better get on it
Posted on 1/27/21 at 9:24 pm to Eli Goldfinger
Posted on 1/27/21 at 9:24 pm to Eli Goldfinger
GBTC
1
Posted on 1/27/21 at 11:48 pm to Vastmind
quote:
GBTC
Agree 100%. GBTC premium is currently near zero. Prior halving on July 9, 2016 was followed by a 20x rise in BTC in calendar year 2017. Last halving was on May 11, 2020. Looking at the 4 year halving cycles, 2021 should be a big year for gains.
quote:
As MicroStrategy founder, Michael Saylor puts it,
“If God came down and created perfect gold, he would create 21 million gold coins, put them on a network that you could move at the speed of light if you wanted to, and make it impossible for anyone to create any more gold. He’d make it impossible for a bank to steal your gold. He’d make it impossible for anyone to lie to you about how much gold they had in the vault. He’d make it completely transparent when he gave it to you. That’s what Bitcoin is. It’s digital gold designed with all of the attributes that we love about gold with none of the liabilities.”
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