Arthur Hayes, co-founder of BitMEX, cautions Bitcoin holders against expecting immediate returns, such as purchasing a Lamborghini the day after buying Bitcoin. He emphasizes the importance of patience and reassessing perspectives, especially when considering that those who bought Bitcoin years earlier are still benefiting from significant returns. Current Bitcoin prices are below the all-time high of $124,100, trading at around $116,007. Hayes dismisses concerns about Bitcoin lagging compared to new highs in gold and S&P 500, arguing Bitcoin has historically outperformed in the face of currency devaluation. He highlights the inadequacy of other assets when deflated by gold, suggesting Bitcoin's performance, when compared to traditional markets, remains extremely strong. He predicts Bitcoin could reach $250,000 by year-end, a sentiment echoed by market experts.

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