Mr. Arthur Hayes, co-founder of the rather bustling enterprise BitMEX, hath declared that those fond of Bitcoin must cultivate a temperament most patient. He advises them to cast aside their fretful glances towards the ever-inflating heights of stocks and gold, for to question why Bitcoin doth not yet ascend is, in truth, to misunderstand the very nature of this curious business.
“If one fancies oneself purchasing a Bitcoin only to secure a Lamborghini on the morrow, pray, prepare thy purse for liquidation!” Mr. Hayes did confide to one Kyle Chasse, during a confidential conversation rather improperly publicized upon the great stage of YouTube this past Friday.
“I must apologise for those who took up Bitcoin but six months hence; however, those wise souls who embraced it two, three, five, or even ten years past are currently indulging in hearty laughter,” he proclaimed, capturing the vexation of recent Bitcoin purchasers who impatiently inquire why the price hath not yet soared to an implausible $150,000.
“Pray, adjust thine outlook forthwith,” he continued with the solemnity of a gentleman advising against folly. Forsooth, Curvo’s annals reveal that Bitcoin hath achieved an average annualized return of a staggering 82.4% o’er the past decade-no trifling sum.
Hayes Rebukes the Notion that Bitcoin Doth Linger Behind
Despite Bitcoin’s current trading beneath its lofty pinnacle of $124,100, attained on the fourteenth day of August, it stands resolute at $116,007 at present, according to the oracle known as CoinMarketCap.
Meanwhile, the venerable gold and the celebrated S&P 500 revel in new highs of $3,674 and $6,587, respectively, causing a good many to swoon with envy.
Yet Mr. Hayes, unruffled, cast aside such comparisons with a disdain most palpable. When queried about the moment Bitcoin and its cryptic compatriots might draw global M2 inflows, given the dizzying heights of stocks and gold, he exclaimed, “The question itself is beguiled!”
“Bitcoin, dear sir, remains the supreme performer in the realm of currency debasement,” intoned Mr. Hayes with no small degree of satisfaction.
Bitcoin’s Achievements, According to Hayes, Are Simply Beyond All Belief
Whilst the S&P 500 may appear “up in dollar terms,” the truth, as Mr. Hayes bleakly notes, is that it hath not yet quite recovered from the calamities of 2008, if one values gold’s steadiness as the true measure.
“Should you deflate the housing market by gold once more, you would find it lamentably far from former glories,” he added with the air of a man who has witnessed many a speculative folly.
“Big US tech,” he conceded, “might be the sole creature to have prospered vastly when thus measured.”
“But if you dare to deflate all by Bitcoin,” he confessed with a mischievous grin, “one can scarce even spy these matters on the chart; such is the absurdity of Bitcoin’s triumphant march.”
Pray, mark the prophecy: in April of the year 2025, Mr. Hayes foretold that Bitcoin should ascend to the princely sum of $250,000 ere the year’s end. And lo, in the subsequent month of May, Master Joe Burnett of Unchained Market Research echoed this most ambitious forecast.
Indeed, dear reader, whether you envisage Lamborghinis or liquidations, it would be wise to steel thine nerves and proceed with care. After all, haste makes waste… and perhaps a rather expensive insurance claim. 🚗💨💸
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2025-09-13 06:54