Bitcoin is digital gold!>Meanwhile, gold
exactly, bro, exactlywe are still so early
>>58988848zoom out
It sure isn't gold, that's completely correct
>>58988875>5,000 year bull market that has outlasted every historical civilization and culture.
>>58989050>40 year dip
So if you went alll in at the picobottom you got a 1.5x.Fucking kek. What is the point of even living.
>>58988862This doesn’t make any sense EMH disproves the crypto meme so just follow cycles with momentum indicators and think cyclically and gain experience
>>58989192There isn’t. That’s why boomers get the applesauce.
>>58989050>gold's return from 1833 to now>128x>btc's return since inception>60,000xMOGGED
>go all in on gold>break even Fresh_Prince_WhereAreAllMyGains.avi
>>58988848Zoomies ITT don’t realize they’re being played by the CIA. Bitcoin isn’t some organic revolution by the people.
>>58988848I can't throw my gold across the ocean to my family in Europe
when in doubt people will always runs to the gold. if it wasn't on ATH i would buy some.
>>58989192Gold is not a digital monopoly money get rich ponzi scheme, that's why. You're not fucking day trading Gold and then circlejerking with other retards on /biz/ cuz you all timed the dip and now you're all rich and heading to the moon. Anyone claiming BTC is digital Gold is either genuinely retarded, or a shill on the hype train believing BTC will make them a Trillionaire. Most likely both.Gold is to preserve wealth against inflation and the loss of purchasing power of Fiat currency. BTC has never been tested in a huge recession like 2008. Literally no one knows how it will perform under those circumstances. It may be seen as a safe haven and people flock to it (and Gold). It could just as easily crash as people sell because they require liquidity. Only time will tell. Me, personally, I think BTC is too volatile to be considered a safe haven and digital Gold. They behave completely different.
>>58990023Boomies not realizing line goes up regardless
I'm all in gold right now until the upcoming market crash subduesGold is only profitable during downturns
>>58988848if you bought in the 90s, you would almost have a 10x now
>>58988848once Bitcoin passes Gold it's over for Gold.
>>58989795and when they bail out the banks (again) with your tax dollars while printing money its going to make sense.
>>58988848>1% increase
>>58991252>things that'll never happen
imagine: someone still keep gold in safebox, while gold used in catalytic converters everywhere cose it cheap as cooper
>>58991487Oh boy, here I go stealing catalytic converters again
>>58988848meanwhile, gold/btc
ok sell all your gold bars right the fuck now immediately at exactly the price that live showsoh what, nobody wants it? no liquidity?wwoooOWOOOOOOWOWWWWWW XDDDD
>>58989865>>btc's return since inception>>60,000xYou can say this about literally every single penny stock
>>58990023this
>>58990085how often do you need to pay someone across the globe, retardanswer is not often, and it's gonna be even less often as globalism contracts
>>58993328? gold is very easy to sell
>>58991460Never say never.
>>58994649almost impossible
