Arthur Hayes: Bitcoin Hodlers Need More Patience, Its Historical Performance Has Already Been "Unmatched" Compared to Other Mainstream Assets
BlockBeats News, September 13th, BitMEX co-founder Arthur Hayes said in an interview with Kyle Chasse that Bitcoin holders need more patience. He emphasized that there is no need to be anxious just because stocks and gold are hitting new highs, as questioning why Bitcoin has not broken its previous high completely misses the point. "If you think buying Bitcoin today will get you a Lamborghini tomorrow, you are likely to get liquidated. This mindset itself is wrong. It's unfortunate that you bought Bitcoin only six months ago, but those who have been holding for two, three, five, or ten years are calmly watching the developments. People need to readjust their perspective."
Gold and the S&P 500 index hit historical highs of $3,674 and $6,587 respectively this week, while Bitcoin is still below its historical high of $12,100 set on August 14. Hayes downplayed the significance of these highs compared to Bitcoin and refuted questions about when the "Bitcoin and crypto market will start attracting global M2 inflows," stating that the premise of that question itself is flawed. "When considering currency debasement, Bitcoin has always been the best store of value asset."
Hayes mentioned that although the S&P 500 index "has risen in terms of the US dollar," it has not yet recovered to its 2008 level when measured against the price of gold. "Real estate markets fare even worse when measured in terms of gold, and US tech stocks may be one of the few assets that perform well when measured in gold. When other assets are measured against Bitcoin, the chart almost doesn't show up—Bitcoin's performance is so incredible."
You may also like

Mining Exodus: Someone Holds $12.8 Billion AI Order

March 6 Market Key Intelligence, How Much Did You Miss?

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish

Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'

6% Annual Percentage Yield as Musk Declares War on Traditional Banks

36 years, 4 wars, 1 script: How does capital price the world in conflict?

Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development
What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.

The parent company of the New York Stock Exchange strategically invests in OKX: The intentions behind the $25 billion valuation

WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

What are the key highlights of this year's Ethereum's most important upgrade, the Glamsterdam upgrade?

March 6 Key Market Update You Can't Miss! | Alpha Morning Report

Sell Nvidia, Buy Power Plant: 27-Year-Old AI Investor Earns $5 Billion in One Year

The $24 Million Heist Behind It: The Most Dangerous Vulnerability in the Crypto World is Actually Human
Mining Exodus: Someone Holds $12.8 Billion AI Order
March 6 Market Key Intelligence, How Much Did You Miss?
a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.