The Bitmex co -founder, Arthur Hayes, says that Bitcoin headlines should be more patient and stop worrying about the stocks and gold records, because asking why Bitcoin is not taller loses the point.
“If you thought you were buying Bitcoin and the next day I was buying a Lamborghini, they probably liquidate you because it is not the right way to think about things,” Hayes told Kyle Chasse in an interview published on YouTube on Friday.
“I regret that you bought Bitcoin six months ago, but anyone who bought it two, three, five or 10 years ago, they laugh,” said Hayes, echoing the frustrations of the recent Bitcoin buyers (BTC) who ask why Bitcoin’s price does not quote $ 150,000 yet.
“People need to readjust their perspective on this,” he said. Curvo data show that Bitcoin has seen an annualized yield of 82.4% in the last ten years.
Hayes demolishes the idea that Bitcoin is delayed
It occurs when Bitcoin continues to operate below its historical maximum of $ 124,100 reached on August 14, currently at $ 116,007 at the time of publication, according to CoinmarketCap.
Meanwhile, Gold and the S&P 500 reached new historical maximums this week of $ 3,674 and $ 6,587, respectively.
Hayes ruled out the importance of these maximums in relation to Bitcoin and backed away a question of Chasse, about when Bitcoin and the wider cryptographic market can begin to attract global entries from M2, given that actions and gold are reaching maximum of all time.
“I think the premise of that question is defective,” said Hayes. “Bitcoin is the best performance asset when you think about currency degradation,” said Hayes.
Bitcoin’s performance “is so ridiculous,” says Hayes
Hayes said that while the S&P 500 is “in terms of dollars”, it has not yet recovered from 2008 compared to the price of gold. “The golden real estate market discounts again and not anywhere near where I was,” he added.
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“Big Us Tech is probably one of the only things that have been well deflated by gold,” he said.
“If you define Bitcoin’s things, you can’t even see it in the table; it is so ridiculous about how well Bitcoin has worked,” he said.
In April 2025, Hayes projected that Bitcoin would reach $ 250,000 for the end of this year, and only one month later, in May, the Director of Market Research triggered, Joe Burnett, made the same prediction.
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