The co-founder of Bitmex, Arthur Hayes, says that Bitcoin holders should be more patient and stop worrying in terms of records and records of gold, because asking why Bitcoin is not lacking.
“If you thought you bought bitcoin and the next day, you bought a Lamborghini, you are probably liquidated because it’s not the right way to think about things,” Hayes said in Kyle hunting in an interview published on Youtube on Friday.
“I am sorry to have bought Bitcoin six months ago, but whoever bought it two, three, five or 10 years old, they laugh,” said Hayes, echoing the frustrations of recent Bitcoin buyers (BTC) who ask why the price of Bitcoin is not yet negotiated at $ 150,000.
“People have to readjust their point of view on this,” he said. Curvo data show that Bitcoin has experienced an average annualized return of 82.4% in the past ten years.
Hayes lowers the idea that bitcoin is lagging behind
It then happens that Bitcoin continues to negotiate below its summit of $ 124,100 reached on August 14, currently at $ 116,007 at the time of publication, according to CoinmarketCap.
Meanwhile, Gold and S&P 500 have reached new heights of all time this week of $ 3,674 and $ 6,587, respectively.
Hayes rejected the importance of these summits in relation to Bitcoin and pushed a question of hunting, at the moment when Bitcoin and the wider market of cryptography could begin to attract global M2 entries, since actions and gold reach heights of all times.
“I think the premise of this question is imperfect,” said Hayes. “Bitcoin is the most efficient asset when you think of demoticities in currencies,” said Hayes.
Bitcoin’s performance “is so ridiculous,” says Hayes
Hayes said that if the S&P 500 was “in place in dollars”, it has still not recovered from 2008 compared to the price of gold. “Deflating the golden housing market again and not close to where it was,” he added.
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“Big Us Tech is probably one of the only things that have completed gold,” he said.
“If you deflate Bitcoin things, you can’t even see it on the graph; it is so ridiculous about how Bitcoin has worked,” he said.
In April 2025, Hayes planned that Bitcoin would reach $ 250,000 by the end of this year, and a month later, in May, the director of market studies Unchained, Joe Burnett, made the same prediction.
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