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Topic: Compare gold chart to bitcoin chart. Very similar. Must see. - page 2. (Read 1866 times)

full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!










Are those pinksheets?  How dare you compare Bitcoin to those pump and dump junk stocks.
Why?

A lot of penny stock pump&dumps end up at $5-$10 billion marketcap before crashing.

Guess where bitcoin is and was at around $1000 in terms of marketcap.

Woops  Grin
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...










Are those pinksheets?  How dare you compare Bitcoin to those pump and dump junk stocks.
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
All bubbles look like that.


Some bubbles recover (NASDAQ at the dotcom bubble, gold) some don't (South Sea Stock, Tulips, Beanie Babies, Random Penny Stock Pump&Dumps, shitcoins).


That shape alone doesn't tell you whether a bubble will recover or not.

Except bitcoin has never been in a bubble.  
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
legendary
Activity: 1778
Merit: 1043
#Free market
We cannot compare the two charts , the first one " 1970 - 2011" the second (bitcoin) 2009 - 2015. Bitcoin is like gold (yes it is 'like' not identical).
hero member
Activity: 854
Merit: 503
Legendary trader
Nice observation OP. Good times ahead for bitcoiners. Smiley
hero member
Activity: 622
Merit: 500
All bubbles look like that.


Some bubbles recover (NASDAQ at the dotcom bubble, gold) some don't (South Sea Stock, Tulips, Beanie Babies, Random Penny Stock Pump&Dumps, shitcoins).


That shape alone doesn't tell you whether a bubble will recover or not.

Except bitcoin has never been in a bubble.  That is decades away.
legendary
Activity: 896
Merit: 1000
The similarity will end going forward. Bitcoin will continue its death march to zero, while gold maintains and even increase its value.

do you happen to be an alt of legendary member kwukduck? some members can't seem to stop with spreading negativity. they use plenty of low activity accounts to do so.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
The similarity will end going forward. Bitcoin will continue its death march to zero, while gold maintains and even increase its value.

I'll not listen to you.  We are Bitcoiners!

full member
Activity: 318
Merit: 100
The similarity will end going forward. Bitcoin will continue its death march to zero, while gold maintains and even increase its value.
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
All bubbles look like that.


Some bubbles recover (NASDAQ at the dotcom bubble, gold) some don't (South Sea Stock, Tulips, Beanie Babies, Random Penny Stock Pump&Dumps, shitcoins).


That shape alone doesn't tell you whether a bubble will recover or not.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Nice observation.

hero member
Activity: 602
Merit: 500
gold:


bitcoin:


Striking similarity. I thought it's worth sharing.


seen here: https://twitter.com/CryptOrca/status/570430146433437696
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