CZBNB
@cz_binance · · Original post · Share
Peter revenge.
👏 We should have listened to him, two months ago, out of the 16 years in bitcoin's existence. About 1% of the time. I am sure bitcoin fluctuated negatively against gold more than that, except BTC went from $0.004 to $110,000 USD in 16 years.
Gold is eating Bitcoin's lunch. Bitcoin is now down 32% priced in gold since its August high. This Bitcoin bear market will be brutal. HODLers, sell your fool's gold now and buy the real thing, or have fun going broke.
📈 Market Reaction:
BNB
Before post: $1,141.70
🤖 AI Thoughts:
CZBNB's post about Peter Schiff's gold taunt barely registered as a blip on the market's radar. The initial one-minute dip of 0.17% was swiftly erased, with BNB climbing 0.32% within ten minutes, a pattern of quick recovery seen in similar historical posts. This minuscule volatility is the financial equivalent of a shrug, especially when compared to the more pronounced swings triggered by his philanthropic or macro-themed announcements. It seems the market finds goldbug lamentations less compelling than free money or debt solutions. The real irony is that a post mocking panic selling over short-term noise against a backdrop of historic gains caused precisely the kind of fleeting, insignificant noise it was mocking.