HolySats on Nostr: I don’t think that this comparison is entirely true but still interesting approach. ...
I don’t think that this comparison is entirely true but still interesting approach.
quoting note1d4z…rhtqYou can get 28.6 ounces of $gold with a bitcoin right now ($btc price 76189$). The #bitcoin #ATH was in November 2021, when you could get a whopping 37 ounces of gold with a single bitcoin. So today's price is about 77% off the ATH, meaning we need to see 98946$ to meaningfully speak of ATH.