Gold ETF vs Bitcoin ETF

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Gold ETF Vs Bitcoin ETF

Gold ETF vs Bitcoin ETF

Gold ETF Vs Bitcoin ETF



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Gold ETF Vs Bitcoin ETF

Gold ETF Vs Bitcoin ETF
Gold ETF Vs Bitcoin ETF
Gold ETF Vs Bitcoin ETF

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Comment (75)

  1. Are we just going to ignore the fact that the chart of gold there is over several decades and the Bitcoin one is like a year and a half

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  2. Oh wow this means absolutely nothing!

    I swear, you guys try to prove bitcoin is going to go sky high with literally no evidence.

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  3. 1. that pic is without recent dip.
    2. if we look at it in different timeframes we will see from 3 to 5 tests to the 5800-6000 usd zone.
    3. usually multiple support(in this case, can be resistance) tests are followed by breakout, and only after breakout, and some stop-gathering, price starts slowly moving to broken level and eventually trend reverses. And yep, dumping 10k btc on the market can crush it.
    4. stop looking for some magic button, like etf, which will pump Bitcoin to the moon. besides who the hell needs etf, thats not what Bitcoin is about. Adoption and development is what matters. Educate people, contribute to codebase, do w/e suits you. for now I’m amazed how people jumped onto apple/samsung w/e pay, which let’s them swipe their NFC-enabled phone to the terminal to pay for 10$ groceries (hello George, you must be spinning in your grave every time they do it). After all, phone is a bit heavier than ordinary rfid card and just an introduction of another middleman in payment chain. We need to make Bitcoin usable for every stupid teenager, or demented elderly people, for now we are light years away from it, or maybe just to-the-moon distance, depends on how fast we will be moving)

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  4. Anyone can pick charts that look similar and say it’s a pattern. Granted ETFs are going to pump a lot of money into BTC but this is a lazy and inaccurate way of convincing people. The SEC won’t be hearing ETF proposals again till next year btw so I doubt we’ll see much growth from 1 small European market ETF. If China or Korea announce ETFs get excited same if the US does otherwise you better relax your expectations or you’re going to be disappointed.

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  5. Zero correlation. Two completely unrelated lines and time periods. Might as well put a rainbow next to the 6 month chart for AAPL with the conclusion that Apple sells rainbows.

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  6. Rule of thumb: whenever an article title is in the form of a question, the answer is “no”.

    That said, I think when paying with crypto is as easy as PayPal, we’ll see another big upswing.

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  7. ????? dude this bitcoin chart is from like august or something lol. If you posted this with an updated chart it wouldn’t fir at all

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  8. Anybody using the words “delusional,” “hopium,” “bag holder,” or “capitulation gets an automatic downvote and block from me. Know your PR trigger words!

    Bitcoin will go on another huge run at some point. There are a million possible causes, an ETF being just one.

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  9. I highly suggest if anyone has time to watch this. It doesn’t have anything to do with crypto but you can see parallels with what happened in history when the gold standard era ended and gave way to the modern fiat era. I feel like their is currently an uncharted void and Bitcoin could fill a very large hole in creating another “gold” standard, but a 21st century electronic version. I’d love other people’s thoughts on that video, it really was a great presentation.

    [https://www.youtube.com/watch?v=fjhLp8AHAYc]( https://www.youtube.com/watch?v=fjhLp8AHAYc)

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  10. I’m still kicking my self for not getting in years ago… but unless someones looking to donate, far too broke to start now. thrive mofos, thrive.

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  11. People forget that gold barely kept up with inflation from the 70s to 00s. It was just in the past 18 years we see to explosive growth of it.
    I have friends that used to be all about gold and I’d send them articles from the 70s right before the crash of gold. They’d get all excited and tell me yes that is why gold is going up.
    Be careful of information selection bias and confirmation bias. It is way to prevelant on this sub.

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  12. People are really clutching at straws now! So because stretching the X axis considerably makes bitcoin look a little bit like the price of something that went up after going down, that means that the price people are prepared to pay for a bitcoin will do the same! Solid reasoning!

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  13. Okay you’re correct in that I see now…. but than still a 300 % increase from last ATH is for a Bitcoin “bull run” very meager..? Still we all would like 🙂

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  14. Gold skyrocketed because of the financial crisis.

    people must start to realize that Bitcoin is an unpresedented event for over 2000 years of human history. The introduction of a new form of money. We can’t predict what will happen.

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  15. I predict that two completely unrelated graphs will be identical for some goddamn reason. So I get a financial analyst degree now?

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  16. Every time I decide to stick my head back in this sub for entertainment sake it never disappoints. Having said that, this place is an absolute cesspool of low intelligence.

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  17. New exchange in Japan. The safest wallet in the world!
    Beyond bainance, it becomes a token
    People in China and Japan are moving here
    Let’s earn right now in mining trade
    Dig into a token right now

    https://www.crossexchange.io/cross/register?invite=1OSjd82DtcK

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