kek
Kek
they will submit
He looks like a hobo in that last one.
lel
The day schiff buys the corn is the day I sell. There will be no one left to sell to after him
Where can I find the Binance KYC leak?
Asking for reasons.
Even if Peter Schiff turns out to be wrong, he would have been wrong for the right reasons. His arguments against Bitcoin have always been reasonable--that it has no intrinsic value, that a better coin might just replace it, etc. Everybody likes to be a triumphalist after the fact. If Bitcoin had failed people would be saying "Haha, look at you, you thought a magic internet coin would make you rich--idiot." As if that was the foregone conclusion instead.
If you didn't get in early (when it was less than $3000, in other words a full three years ago) you have made nothing from Bitcoin as a long-term holder, since the price merely jumps up and down between $4000 and $10,000, whereas gold has gone up 33% in the same period, reliably, and without any such volatility.
cringe
Enjoy ur 33pc gainz I guess
Kek
He already bought it long ago, he still shits on it anyway
>a better coin might replace it
impossible, unless you can travel back in time. bitcoin's biggest selling point is the security of the network. 10 years of 99.99% runtime can not be invented by a new coin.
lol
nice cherry pick lets do this with golds ath date!!
>Even if 1+1 is not 4, it could have been wrong for the right reasons. The arguments for it have been reasonable... maybe when you put two things besides each other suddenly two more might pop up, maybe they replicate due to being close, etc. Everybody likes to be a triumphalist after the fact. If calculators had failed people would be saying "Haha, look at you, you thought a magic mathematical definition would remain valid--idiot." As if that was the foregone conclusion instead.
cope
you don't dare show us that?
it was in 2011 around $1900
bitcoin was sub $100 then
I don't even care about shiny rocks
keep coping though bagholder
like i said nice cherry pick
only the most retarded mongrels bought that top my average buys were sub 3000 eur bitcoin is a very fine store of value
meanwhile the gold i bought in 2013 didn't even double in price yet not counting inflation adjusted.
i just don't get where you idiots come from
the only legit comparaison is previous ath and now for both gold and btc, and gold is better than btc today ( less bagholder since its almost at ath and btc is at more than 50% down since ath)
fuck off schiff
>i-i-i-i don't care
>took the time to make
OWNED, KIKE FILTH
that is also a cherry pick a double cherry pick.
if you counted how many days were where you would be better off buying gold than bitcoin the past 10 years if you sold today it would be like 400 days in 10 years.
so... little under 90% of the time you would have been miles better off buying bitcoin.
Predicting what society itself will do, which is extremely complicated and irrational, is nothing like a simple mathematical equation; this analogy is asinine.
Anybody who bought gold during any years except 2011 and 2012 has made a considerable amount of money. Anybody who did not buy Bitcoin before 3 years ago has made absolutely nothing, because they have no way knowing that the price won't keep eternally bouncing between $3000 and $10,000, and are probably hodling for the long-term. If Bitcoin doesn't break well above $20,000, and hold there this year, it is a dead project. It can't survive another year of doing nothing, especially at a financial time like this.
Unless you were one of the lucky people to buy in before mid-2017 you have no reliable gains. Not unless you cash out right now, which you won't. In fact it is very possible that you are still down considerably, since many people bought above $10,000--at $15,000, or even $20,000. Nobody who owns gold is holding a bag like that. At worst, they bought at the ATH of $1900 and are $200 down on their investment. 95% of gold-holders are up right now.
KEEP HODLING BRETHREN
THE NATIONAL SOCIALIST BITCOIN UTOPIA IS AT HAND
HOOOOOOOOOOOOOOOOODL
now here is a little help this chart tells you when to buy bitcoin and when not to buy it.
yes buy below the blue line only sell above the blue line if you want.
most of those days where bitcoin performed worse than gold the price was above the power law line.
cope
>since the price merely jumps up and down between $4000 and $10,000, whereas gold has gone up 33% in the same period,
>the price merely doubled whereas gold has gone up not even a third of BTC
Good argument
Well done for leaving out the words "you have made nothing from Bitcoin as a long-term holder."
Bitcoin is well above $4000 so yeah, I did. And you realize there's this thing where you can sell securities and buy them again, too? It's not illegal or anything.
In fact you haven't "made" anything from gold if you're just sitting on it. But even if you think that's smart, BTC blows it out of the water as a "long term hold".