fact is the price in dollar go up is largely a function of currency inflation, and yet the entire crapto market barely managed 2 Ts in 15 years.
2 months ago
Anonymous
Its like you completely ignored this image
>implying
2 months ago
Anonymous
Return on investment for gold is higher if you just pick it up off the ground.
2 months ago
Anonymous
>going up from nothing to something is more percent than going up from something to something more
wow genius. And that is how an indicator for your pyramid scheme to make the same returns in the future. No thanks, no use case except being an inferior database that cant scale held together by tape and spit emulating a single sided ledger which is only used for digital grey market patschinko dens
2 months ago
Anonymous
Not even in 14 years has gold doubled its price
What a sad sad fricking story it must be to be a gold holder
Not even peter schiff holds 5% of his assets in gold kek
2 months ago
Anonymous
If the timeframe you are looking at starts in 2009, okay. But I suppose you would agree that gold has been around a bit longer, and has use cases outside of representation of abstract momentarily particular phenomena
2 months ago
Anonymous
The paper gold market is like 20x bigger than the physical gold market
The paper silver market is 250x bigger than the physical silver market
2 months ago
Anonymous
yes, a combination of misplaced trust, herd mentality and misallocation of capital. Though both have material use cases on which one can speculate, what does crapto have? The "material" you are paying for is literally a token to make entrances into an inferior database with nobody legally responsible for it. That's ludicrous and as far from capital retention as one can get. You got lucky because of misplaced trust, herd mentality and misallocation of capital
2 months ago
Anonymous
"Crapto" has a an easy 100% year over year, compared to gold which doesnt even have a 100% in 14 years
2 months ago
Anonymous
100% in what? currency?
You socialists making capital and "money" equal is why all your pyramid schemes blow up
2 months ago
Anonymous
>with nobody legally responsible for it
Is that why the bankers that created 2008 are jailed?
Oh, wait, they got off scot free and managed to frick the economy and society many times over during the following years? Oh...
2 months ago
Anonymous
There were legal responsibilities, legally binding contracts and depending on the contracts re-compensations, or the risk taken resulted in a loss, which was the risk.
And btw, its about the legal responsibility about keeping the leger functional, which isn't given on crapto databases. If the "decentralized" mob decides its not profitable, ledger gone.
2 months ago
Anonymous
>and has use cases
Who cares about that when it does not have the same profitability of crypto?
Fricking moronic metalgays
2 months ago
Anonymous
Alot of people are going to die because you're scared of what will happen when the US can no longer print money to pay for their army.
you could have invested in literal shit when the neo keynesian mmt mongos "saved" the economy after the 08 frick up and made a lot of "money"
>implying
Lmfao
How many braincells do you have to make such claims that bitcoin has not massively increased in price compared to other investments
fact is the price in dollar go up is largely a function of currency inflation, and yet the entire crapto market barely managed 2 Ts in 15 years.
Its like you completely ignored this image
Return on investment for gold is higher if you just pick it up off the ground.
>going up from nothing to something is more percent than going up from something to something more
wow genius. And that is how an indicator for your pyramid scheme to make the same returns in the future. No thanks, no use case except being an inferior database that cant scale held together by tape and spit emulating a single sided ledger which is only used for digital grey market patschinko dens
Not even in 14 years has gold doubled its price
What a sad sad fricking story it must be to be a gold holder
Not even peter schiff holds 5% of his assets in gold kek
If the timeframe you are looking at starts in 2009, okay. But I suppose you would agree that gold has been around a bit longer, and has use cases outside of representation of abstract momentarily particular phenomena
The paper gold market is like 20x bigger than the physical gold market
The paper silver market is 250x bigger than the physical silver market
yes, a combination of misplaced trust, herd mentality and misallocation of capital. Though both have material use cases on which one can speculate, what does crapto have? The "material" you are paying for is literally a token to make entrances into an inferior database with nobody legally responsible for it. That's ludicrous and as far from capital retention as one can get. You got lucky because of misplaced trust, herd mentality and misallocation of capital
"Crapto" has a an easy 100% year over year, compared to gold which doesnt even have a 100% in 14 years
100% in what? currency?
You socialists making capital and "money" equal is why all your pyramid schemes blow up
>with nobody legally responsible for it
Is that why the bankers that created 2008 are jailed?
Oh, wait, they got off scot free and managed to frick the economy and society many times over during the following years? Oh...
There were legal responsibilities, legally binding contracts and depending on the contracts re-compensations, or the risk taken resulted in a loss, which was the risk.
And btw, its about the legal responsibility about keeping the leger functional, which isn't given on crapto databases. If the "decentralized" mob decides its not profitable, ledger gone.
>and has use cases
Who cares about that when it does not have the same profitability of crypto?
Fricking moronic metalgays
Alot of people are going to die because you're scared of what will happen when the US can no longer print money to pay for their army.
Just live and let live bro.
Wumao, nobody wants your bags of dogshit
Who dis?
Dr Adam Back, pseudonymously known as Satoshi Nakamoto
RIP I guess, nobody cares.