All Things Crypto

ATC quote · Dec 4, 2024 · 0:20:51

“Okay. So a few different things here. One, Powell's speech didn't make its way around, and did not pump the market. The market actually hit a key level that we saw market makers buying at prior to…”

Landy @CryptoLandy

From All Things Crypto: $BTC GOD Candle to $100k $ME Diamonds, Dec 4, 2024 · Episode page

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0:20:31 Dave @DCBK2LA: Good point. But I feel like... Yeah. And, Linda, I'm kinda curious really what your take is. Right? Because in a way, it's like... Mean, I I I get what Linus is saying, but I feel like we're saying the opposite or we're interpreting it the complete opposite where Powell is literally saying, like, gold needs to be weird. Like, fear... Like, yo. Bitcoin's coming to eat gold's lunch. Like, am am am I am I not reading…

0:20:51 Landy @CryptoLandy: Okay. So a few different things here. One, Powell's speech didn't make its way around, and did not pump the market. The market actually hit a key level that we saw market makers buying at prior to him actually getting out there. Did it help exacerbate the move to the upside when it was around 97,000 to go and hit into the 98, 99,000? Yes. But I wanna be very clear. This is something that we've talked about here…

0:24:40 Dave @DCBK2LA: Lindy, let me ask you... So let me ask you guys this question. Cool. And everybody up here. Like, can't they both exist? Like, I feel like when we say direct competitor, right, like, gold is genuinely used, right, like, in products. Right? Like, it is in demand because of its actual real value. Right? Like, we use gold. Like, it is a premium precious metal for a reason. For the vanity reasons, right, for jewelry…

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