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Thread 60801731

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Anonymous (ID: KmGFVN0p) No.60801731 >>60801732 >>60801739 >>60801768 >>60801782 >>60801787 >>60801808 >>60801815 >>60801848 >>60802630
was this a good decision financially speaking?
Anonymous (ID: ra8Qcu0n) No.60801732 >>60802025
>>60801731 (OP)
If he doesn't paperhand it, then yes, probably
Anonymous (ID: gpvawpFV) No.60801739
>>60801731 (OP)
>sure
Anonymous (ID: Vl9+PXX+) No.60801768 >>60801778
>>60801731 (OP)
thanks for exit liquidity moron HAHAHAHHAHAHA
Anonymous (ID: 2bT2ZcI6) No.60801778 >>60801785
>>60801768
This. All crypto plays on the greater fool theory.
Anonymous (ID: aNf3ZjPn) No.60801782 >>60801794
>>60801731 (OP)
>I just paid $125,000 for....nothing. In digital format.

doubt it was a good decision.
Anonymous (ID: ra8Qcu0n) No.60801785 >>60801788 >>60801793 >>60801801
>>60801778
>t.midwit
explain how, say, gold, doesn't.
Anonymous (ID: chZj9V5v) No.60801787
>>60801731 (OP)
>tim vomitman
Anonymous (ID: 2bT2ZcI6) No.60801788 >>60801801 >>60801804 >>60801823
>>60801785
>gold
Used to coat CPU and GPU pins
How much bitcoin is used to make a server or phone?
1/2
Anonymous (ID: 2bT2ZcI6) No.60801793 >>60802629
>>60801785
2/2 and oh yeah, how many cryptos are out there? There's only one gold, only one silver.
Anonymous (ID: UPu4SHaY) No.60801794 >>60801814 >>60802039 >>60802082
>>60801782
Explain why the USD has value
Anonymous (ID: nehjZM3Z) No.60801801 >>60801822
>>60801785
Gold is the representation of the Sun, while silver is of the Moon. Every culture on this planet understood this since the dawn of times
>>60801788
midwit tech pleb faggot take
Anonymous (ID: ra8Qcu0n) No.60801804 >>60801822
>>60801788
Electronics and dentistry accounts for 7% of world gold demand. It wouldn't be a valuable metal if that was all we wanted it for.
Anonymous (ID: IlCLw+SG) No.60801808
>>60801731 (OP)
With a long enough time frame, most likely
Anonymous (ID: 2bT2ZcI6) No.60801814
>>60801794
>why the USD has value
It ultimately won't. It currently does because people have faith in it. But when it gets hyper inflated to worthless like all fiat currencies end up doing, they'll look for hard assets to store wealth in.
Anonymous (ID: gnCOJ1Hf) No.60801815 >>60801818
>>60801731 (OP)
He seems like a loser to me. I only paid $19,000 for my Bitcoin.
Anonymous (ID: ra8Qcu0n) No.60801818 >>60801829 >>60801833
>>60801815
If BTC is ever worth $1 million why would you care if you paid $19,000 or $125,000. Hardly any difference.
Anonymous (ID: 2bT2ZcI6) No.60801822 >>60802563
>>60801804
>It wouldn't be a valuable metal if that was all we wanted it for
Banks buying it is the number one driver of price...
>>60801801
>tech pleb
Ted K. was right.
Anonymous (ID: jtvJmJEs) No.60801823 >>60801832
>>60801788
99% of gold price is from its "monerary" premium i.e. the same bs story that pumps btc.
Anonymous (ID: PwSxx5EW) No.60801829 >>60801842 >>60802359
>>60801818
the difference is 5200% and 800% gain you retard. also, your government will eat half of it plus tips thank you very much.
Anonymous (ID: 2bT2ZcI6) No.60801832 >>60801843
>>60801823
>same bs story that pumps btc
There's a major difference between gold (real asset) and BTC (fake, NSA made asset to keep you from buying physical assets).
Anonymous (ID: h7BcWggy) No.60801833 >>60801842
>>60801818
The guy that paid 19k would have a much better gain.
Anonymous (ID: 2bT2ZcI6) No.60801837
Anonymous (ID: ra8Qcu0n) No.60801842 >>60802567
>>60801833
>>60801829

1 million = 1 million
Anonymous (ID: jtvJmJEs) No.60801843 >>60801857
>>60801832
So? It's the same thing that pumps both assets, the belief that they will keep pumping (i.e. the "monetary premium"). You may think that one is better than the other, but that doesn't change the fact. Gold is not valuable because of muh electronics.
Anonymous (ID: Wp4sLdHK) No.60801846
pmg is leaking again, go back to your containment thread
Anonymous (ID: lRnnV48X) No.60801848
>>60801731 (OP)

Could have bought 50k Intel shares lol
Anonymous (ID: 2bT2ZcI6) No.60801857 >>60801867
>>60801843
>the belief that they will keep pumping
>nigger doesn't know about hyperdeflation
Lol
Lmao even
Anonymous (ID: jtvJmJEs) No.60801867
>>60801857
It's simple, my low IQ friend.
Why do you hold gold?
To make electronics?
Or because you think it will go up?
Anonymous (ID: gRtXWg7D) No.60802025
>>60801732
>If he doesn't paperhand it, then yes, probably
Pretty much. If he holds for a while, he'll be able to liquidate it at a much higher price, but will it be worthwhile inflation adjusted?
Anonymous (ID: HQaKLPpE) No.60802039 >>60802676
>>60801794
Anonymous (ID: aNf3ZjPn) No.60802082 >>60802600
>>60801794
It's the currency of the most powerful nation on Earth
Anonymous (ID: dzmE6rTM) No.60802359
>>60801829
>your government will eat half of it plus tips thank you very much
the rich don't pay taxes. only plebs that don't understand collateral
Anonymous (ID: QQvYCRTJ) No.60802563
>>60801822
>Banks buying it makes the price
So like bitcoin then? Buying makes it valuable?
Anonymous (ID: QQvYCRTJ) No.60802567
>>60801842
You couldve 10 million if you bought 125k worth of 19k bitcoin and not just one, thats the difference
Anonymous (ID: 1IyYM3Ph) No.60802600
>>60802082

and by far the biggest debt
>well done brainer mutts
Anonymous (ID: Xd+4B4Ao) No.60802629
>>60801793
>There's only one gold, only one silver.
there's only one Bitcoin, and that's BTC.
Everything else is essentially a shitcoin. BTC wins by virtue of being the first and having a limited, quanitifiable supply. I think Satoshi being in the wind and a huge mystery adds to the allure.
Anonymous (ID: PoRk7P6I) No.60802630 >>60802715
>>60801731 (OP)
No. No matter how you look at it.
It is at all time high.
It is near the end of 4 year cycle
It is more than price to mine one bitcoin

Price might go up but still buying at these prices is not good decision.
Anonymous (ID: PoRk7P6I) No.60802676
>>60802039
so because usd has poor buying power it has value?
Anonymous (ID: 7OILZ868) No.60802715
>>60802630
>It is at all time high.
All that statement means is you're buying into a bullrun.
I bought at an ATH, it was 19k. It being ATH at the time meant nothing