Reflection on Bitcoin price movements

With bitcoin again hitting all time highs above $2,200, one would expect other stores of value to increase in value as well, however at this time it not the case: Gold @ $1,260/oz, Silver @ $17.15/oz.

When the geopolitical landscape is factored in, the low prices for gold and silver make no sense. A bitcoin can almost buy 2 onces of gold and 127 ounces of silver!

In looking at the news over the past year, bitcoin is behaving as expected for gold and silver:

There is one thing I do know for sure, and that is the network effect is very strong and it can flex it's muscles when people around the world start converting their natitional currency into BTC.

I expect bitcoin to impress the world over and over again as the network continues to grow by the second.