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David Hoffman

๐Ÿ‘ค Speaker
2256 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Yeah.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And crypto investors, of course, are feeling this momentum and they're asking the question, oh, was that it?

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Did we just get a regime shift?

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Yeah, is crypto coming back online?

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

This is a poster that says the most obvious Bitcoin bottom in history.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And here it is at 69K Bitcoin.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

That was the bottom.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Calling the bottom here, looking at prices from 2004, 2005.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So because price is going up, of course, people are saying, well, you know, maybe that's the worst of it.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Maybe that's the bottom here.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And in particular, it's been interesting to see Bitcoin rise while gold has tumbled.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So look at this divergence here, David.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So this is, I guess, gold confusingly in the orange color.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And then Bitcoin looks like in blue.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And there's quite a divergence.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So gold going down, whereas Bitcoin is going up.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Bitcoin is used... This is Zero Hedge posting.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Bitcoin used to be the first risk asset to get nuked on geopolitical conflict.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Not anymore.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

In fact, it is outperforming gold since the start of the war.